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


To: carranza2 who wrote (77155)8/2/2011 2:50:51 AM
From: TobagoJack  Read Replies (2) | Respond to of 217750
 
i believe the world had concluded some time ago that team usa's religious fundamentalists are dangerous

i suspect that the world just concluded that team usa's tea party revelers are even more dangerous

the electorates are not generally aware of the 54 tril federal obligation

the 1-2 tril cut over 10 years, especially as and when it would not be followed through, is not meaningful on the upside, but should cause much pain (admittedly unavoidable pain, but pain)

the attempts to cut would cut employment and hobble transfer payments, maybe

but surely the attempts to cut would not stop the still-standing fed reserve to continue with outright fiat money inflation that would be needed to 'defeat the deflation' facilitated by the attempts to cut cut cut

between the capitol hill and the fed reserve, which is the greater evil? we shall find out.

as and when the municipalities and states start to burn, the tea party shall be booted, because they are not offering the desired solution set (even though the desired solution set is the null set) of keeping all entitlements as is, balance the budget, keep interest rate low, boost infrastructure replenishment, create jobs, have strong national defense, etc etc etc

from a whole lot of kilometers away, it is unclear that the nature of the game has changed at all, or that the path toward teotwawki is any different.

but, yes, we should have perhaps 3-6 months of share market ramp of maybe 10-15%, perhaps, and maybe even a usd leap, unless the eu transfer union is officially sanctioned, all including the demographic + nations of turkey, in which case we would have a euro ramp.

i liked the news re the bank of korea buying gold. korea now has 300 bil of foreign reserve, a number dreamt about for itself when china was in 1990.

definitely do not unload gold, for we still have the 3-digit intraday moves to look forward to, and the 80% of bull-to-date gain in the last 20% of the bull-to-date elapsed time to count on.

in the mean time, just in in-tray

acting man update:

Markets and the Debt Ceiling
A look at bonds, stocks, currencies and gold now that the debt ceiling debate is nearing its end. Does it matter at all to the markets that a deal is close? Perhaps it does in the very short term, but it may not alter the medium term trends, which are likely predicated on different considerations. After all, no-one really doubts that an agreement will be reached - least of all bond market participants. Per experience, the bond market 'knows' more than other markets, due to its sheer size.
Includes update of euro area charts collection.
acting-man.com