Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (66043)	9/13/2010 11:38:20 PM
From: energyplay	Read Replies (1) \| Respond to of 217669

I would expect that any of the three radical Buiter proposals would send gold, silver, copper and others to the stratosphere, and maybe gold in orbit. We would see 3000 an ounce with in days, and maybe 10,000 by the end of 30 days. The premium on the physical would be over 5%, maybe over 15%. Having gold would be like having life jackets and boats on the Titanic - you would be very popular, but it might not be good for your health. There would also be a huge rush to Canadian dollars, it might force Canada to either follow or print like crazy to keep the currency down. Which Canada could do, and buy up all the Canadian federal, provincial, and municipal debt, and some of the debt issues of major Canadian companies, like Quebec Hydro, Sun Life, Scotia Bank, etc.

To: energyplay who wrote (66043)	9/14/2010 9:23:51 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217669

i recommend this read fofoa.blogspot.com and i wrote early am re the batch of china-bashing rubbish from geithner, krugman and their ilk, and re japan complaining of china buying japanese debt (to which i say, if you do not wish to have china buy your debt, then do not issue any" i quote myself ... "so tee-ed up, the japanese must redouble their effort to buy usa debt and be the bag-man also buy more chinese goods with the yen and wait for usa default 7-15 years then done recommendation: getmuchmoregold, it should be a winning wager should japan and usa continue to play hyper-inflation ball, and ought to be a winning trade should usa and japan decide rmb is not cricket and opt for diaper deflation right now as opposed to china deciding for them in 7-15 years time, and so getmuchmoregold may be a win-win-again stance. usa congress has the unique opportunity to opt for continuing hyper or immediate diaper may they choose wisely. amen"