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


To: Jacob Snyder who wrote (72316)3/24/2011 1:16:20 PM
From: elmatador  Read Replies (2) | Respond to of 217573
 
opposition parties will not endorse further austerity measures because such measures would hurt elderly people and other vulnerable members of society, and could risk further delaying Portugal’s return to economic growth.

Government falls.

Next default.

Austerity Triggers Portugal Standoff
nytimes.com



To: Jacob Snyder who wrote (72316)3/25/2011 12:35:05 AM
From: wallshot2 Recommendations  Read Replies (1) | Respond to of 217573
 
I made these charts a while back because I could not find them online. I don't doubt there is still room to undershoot the long term trend line. What these don't show is price or gold vs. land/plot size which might show something different. Considering that we are definitely working more today than 30 years ago I think this shows a cheap dollar with a lot of downside ahead of it.




To: Jacob Snyder who wrote (72316)3/25/2011 7:16:32 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 217573
 
Buffett Says Avoid Long-Term Bonds Tied to Eroding Dollar:

Warren Buffett, the billionaire who urged Congress in 2009 to guard against inflation, said investors should avoid long-term fixed-income bets in U.S. dollars because the currency’s purchasing power will decline.

“I would recommend against buying long-term fixed-dollar investments,” Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., said today in New Delhi. “If you ask me if the U.S. dollar is going to hold its purchasing power fully at the level of 2011, 5 years, 10 years or 20 years from now, I would tell you it will not.”
noir.bloomberg.com