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: Proud Deplorable who wrote (82724)	11/5/2011 3:14:39 AM
From: pogohere	1 Recommendation Read Replies (3) \| Respond to of 217906

"After the washout of the greedy bastards who use margin is finished gold and silver will rebound strongly in my opinion. " Maybe, but in the short term if the margin calls trigger asset sales globally, the US$ reserve currency will generally be used to settle accounts and the US$ will rise against other currencies. That may drive down commodity and equity prices in that same short term. Should the central banks crank up the presses in response, then gold and silver and other commodities will rise, and by quite a lot.

To: Proud Deplorable who wrote (82724)	11/5/2011 12:12:00 PM
From: Maurice Winn	1 Recommendation Read Replies (3) \| Respond to of 217906

<Watching the big C Capitalist system come undone is a dream come true for me and others in the 99%> You could have gone to live in the USSR or defected to Mao's Maelstrom if big C Communism is so appealing. North Korea is still available. Or be a subsistence survivalist in Montana. Your dream will turn into a nightmare if you are so unlucky as to get your way. I find "Wall Street" has been very useful to me for 20 years. One of our daughters works for a "Wall Street" firm [in the UK] and the pay is good. What was wrong was the "rescue" using public money of insolvent friends of "Big Brother". You should occupy Pennsylvania Avenue, not some park in "Wall Street". The opm bludgers are the problem. That's Barack, Pelosi, Reid and co, not to mention Big Spending Republicans - Bush ran debt up to record levels. Steve Jobs and Apple and the Wall Street firms which buy and sell the shares are not the problem. Mqurice