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To: ggersh who wrote (253894)	6/13/2010 4:41:34 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

<Your right and wrong as history is a good guide for where they eventually will go. Just my 2 cents, FWIW.> My point was that, in a lot of ways, all we've managed to do two years later is go 'round in one great big circle. We're right back where we started, and absolutely nothing has changed - except we accumulated a couple trillion dollars in government debt. None of the bad debt has been restructured, no new sources of income have been created for all of our stimulus. We didn't get a high-speed transit system, we didn't get a huge alternative energy Apollo mission, and we didn't wean ourselves off imported oil. Oh, but at least a bunch of the money borrowed ended up in the pockets of Wall Street, so they're a bunch richer. Way to go Timmy. I guess you work for the guys that sign your paycheck. `BC

To: ggersh who wrote (253894)	6/13/2010 7:05:55 PM
From: TH	Read Replies (2) \| Respond to of 306849

ggersh, As for being wrong, well not to be coy, but as I've not made a decision, it is difficult to be "wrong" <g> Long term I believe inflation is the only path possible. And this is why I hold a core of bullion. Short term, by the time you have finished this sentence, I could have flipped from bullish to bearish. I'm only playing against the monkeys in the short term, and what they do has absolutely nothing to do with fundamentals or historical prices. My plan has been, and will continue to be, to hold bullion long term for what must come (reset) and to trade the cash accounts like a madman long, short, whatever, as the monkeys push this or that up or down because the wind blew a different direction this morning. At certain points, I may convert more cash to hard assets, but I'm not committed to that idea just yet. The O is out pushing more stimulus already. UFB. Does anyone really know how much of the 750-800 billion has been deployed yet from the current stimulus? I can't find an accounting of this anywhere. GT TH