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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (17346)	7/6/2010 12:23:19 AM
From: Real Man	Respond to of 24758

These charts are just prices vs time for real market action. Thus, they can't contradict each other, unless some delusional analysis is applied. As for gold, it is an investment asset, as well as a commodity. The former always plays a major role during the later stages of the bull, and nobody can accurately forecast the top of the secular gold bull market based on it's supply/demand fundamentals as a commodity. It usually exceeds that limit 4-fold or 5-fold. It's the gold market. It's not oil or copper. Precious metals are hoarded during bad times. End of story. We have plenty of indications that gold entered the last, normally explosive stage of the bull, when investment demand constitutes a substantial fraction of total demand. During deflationary times folks hoard gold because gold does not go bankrupt. Companies do, municipalities do, states do, and nations do as well.

To: ahhaha who wrote (17346)	7/6/2010 6:30:36 AM
From: carranza2	Read Replies (3) \| Respond to of 24758

"Latest BIS report warns about unsustainable nature of sovereign debt in most of G7, with historical comparisons." BIS? That collection of socialist stooges? They're totally incompetent, always get it wrong, and intentionally so, and is a covert front to promote totalitarianism anywhere it can: (from wiki) You are putting your ideological blinders on max in order to make a point which is easily, so easily, refuted. If you don't like BIS, which is assuredly not a collection of socialist stooges, check the history. Read Rogoff and Reinhart and find out how a financial crisis begets a sovereign default. It's not very hard at all to figure out why: financial difficulties lead to huge increases in public debt which lead inevitably to hugely increased risks of sovereign defaults and currency crisis. Just like BIS says. I know, I know, you are a world authority on [fill in blank] so it cannot be. Remember that in spite of your self-described world-class acumen, your calls on PMs have been spectacularly and I do mean spectacularly and massively wrong. Anyone who listened to you would have missed out on opportunities of a lifetime: Message 21227196

To: ahhaha who wrote (17346)	7/6/2010 8:18:12 AM
From: Real Man	Read Replies (1) \| Respond to of 24758

Again, you are denying facts, not my opinions, similar to denying market charts that are facts as well. The cascading credit rating downgrades for PIIGS are now facts. The warnings about US and UK credit ratings are facts. The credit rating downgrades for Japan are facts. Guess what? Japan's sovereign rating here is BBB, US AA, UK BBB. US credit rating agencies rated subprime AAA for quite some time, basically, until after they blew up. Their credibility and rating quality is questionable. Now, if you think a credit rating downgrades do not impact anything, you are delusional. Jees, CDS blow as a result. What a surprise! Perhaps, it will be a total surprise to you, when some country's ratings here change from C to D. eiu.com I've got more bad news for you - Quantitative Easing, if not sterilized, leads to credit rating downgrade. Credit rating agencies understand it. You clearly don't.