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

To: carranza2 who wrote (74123)	5/11/2011 6:54:26 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 217668

Hunting here: Message 27343777 <No clue, Mq, as to what you mean by 'hunting' unless you mean going after game with guns, which I doubt you do. > It's like thermostats seeking the right temperature or other processes where there are feedback systems which seek a balanced situation. What US$ will do is a political process subject to swarms of unknowable unknowns, so everyone is operating on guesswork. Hence "hunting" as things resolve one by one. Given the history of political processes and fiat currencies, the resolution is most likely to involve US$30,000 per ounce and possibly even Zimbabwe style $10 billion per ounce. Which does not mean gold would be a good investment. It might simply mean that gold is a less bad investment than US$. Digging up gold to store it underground is a ridiculous thing to do. "They" told me CDMA wouldn't work too [when I came up with the process in 1989]. < the reincarnation of the gold standard turns 1 oz of it into USD $10,000 sometime during my lifetime for, believe it or not, a currency not backed by metal is not only a historical anomaly but a cruise-controlled high-speed drive on the road to perdition. > There won't be a gold standard [other than as an interim attempt by a few people or a couple of countries to hold onto the past]. I have far better plans and they are proceeding apace. A gold standard is the equivalent of swapping hens for corn, asses for rope, or cart wheels for eggs. It was a useful way of bartering, but isn't fit for a modern world. You will recall I made huge fortunes on SKF trading - though admittedly that was just SI fun and I didn't actually do those trades. But now I actually have formed a trading company and it has actually made a couple of trades [short JPM, WFC and BRCM and so far they are all in paper profit]. For decades I was a very long term buy and hold dividend investor [as required by NZ tax laws if one was not going to pay trading profit taxes]. Still am. But I also have a little trading venture. Why were you surprised by my 31 Dec 2012 gold sooth? $1,727. Since my $1,530 gold sooth has already been exceeded in one giant leap for mankind, that one is no longer surprisingly high. Did you think $1,727 is too high or too low? Or did you mean the remarkable precision? Mqurice