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: TobagoJack who wrote (67792)	11/4/2010 10:23:58 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 220056

Yes, GLD did outperform the SPY by about 1% today. But we all know this is artificial debasement of the currency by the Fed in order to avoid deflation. And as David Stockman aptly put it, when you give the patient financial heroin, you risk killing the patient. zerohedge.com But then again, is it Heroin, or is it an Adrenalin shot in the economic heart meant to get it started again? Some could argue that the patient was already in cardiac arrest (ongoing deflation and debt default). And it's debatable if it's wise to give Meth to a dying patient. Is it the best means of resusitation, or might it be better to put it on life support until it heals over time.. Some would say that without feeding the system a healthy diet to restore it's natural balance, all the drugs and electro-shock therapy in the world isn't going to work. That natural balance, IMO, is restoring the demand curve to the economic equation. It means helping main street more than Wall St. It means productive/constructive employment and retraining. It means R&D into new and innovative technologies that will launch a new phase of productivity. We simply cannot have an economic recovery with 20% functional unemployment. And contrary to what Nancy Pelosi would have us believe, extending unemployment benefits is not the best way to create jobs. Hawk