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


To: carranza2 who wrote (86415)1/25/2012 10:14:23 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217910
 
As I wrote in reply to your request early this year for sooths for the next two years, it is getting tricky now with the volatility [hunting] getting more extreme. <the printing of money and the low interest rates cannot last forever...they will have inflationary effects sometime, just do not ask me when. > But you must have been impressed that although I missed by a day, my 31 Dec 2011 sooth was right on the money, to 4 significant figures. There was just a bit too much excitement to take it through to 1 January 2012.

When I investigated gold at $323 per ounce, visiting the gold market in Grafton, things were much more stable though obviously heading for where we are now. But a decade later, financial relativity theory is heading from laminar to turbulent flow as the monetary Reynolds Number [engineering jargon] is reached.

Turbulent flow is quite a different kettle of fish to laminar flow.

So we can see that we are at a critical stage, but the exact time for transition to turbulent is hard to pick. A butterfly taking off in the forest is sufficient when the system is fully loaded.

As Big Ben said years ago, there won't be deflation. He has a fleet of helicopters and can produce all the money he likes, diluting to any scale. He doesn't know when himself, he just keeps a weather eye on it and yanks the lever from time to time as he sees fit.

Keep in mind that Made in China and the vast technological revolution, now leaping from silicon in chips to carbon in DNA is a fantastically amazing major paradigm shift in not just the economy, and not just compared with minor details such as the industrial revolution, but in all of existence, to an existential theological and teleological extent. It's bigger than all things combined not just since the conversion from chimps to humans, but since DNA first coiled around itself in a tricky double helix.

Apple is delivering that change and is now the biggest company ever, which is fitting, as the oil realm slides into history*.

It's bigger than the invention of DNA which was just wet chemistry: carbon chains, ions, electrostatics and a bit of photonic input onto chlorophyll and retinas. No biggie. Now it's physics, including the four forces of the Apocalypse and extra-somatic sentience combined, with quantum physics and relativistic wave functions.

Gold is a pathetic, trivial, irrelevant, atavistic, barbaric relic of a bygone era. Just another bubble chased by the chimps, most of whom, as always, will learn a sorrowful lesson. TJ will sell them his gold at the top.

Mqurice

* As Sheik Yamani said, "The Stone Age didn't end because we ran out of stone. And the oil age won't end because we run out of oil." Or something like that.



To: carranza2 who wrote (86415)1/25/2012 10:25:32 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217910
 
Selling QCOM and buying AAPL would have made more sense. But I remained hopeful that Qualcomm would do what Apple did. <that is why you need to sell your Q and buy gold and why au has outshined Q for at least a decade. > QCOM had even invented the pdQ but dumped it, failing to develop it, along with Eudora, as they should have done and could have done, as I expected them to do.

It is the world's greatest ever opportunity forgone. Steve Jobs was attuned to the possibilities though, and took them, as he always did since first going to his Geek club with Woz in the early 1970s.

As Apple has shown, demand for mobile Cyberspace is not going away. On the contrary, it will accelerate all the way through the financial relativity theory black hole events. Inside the event horizon, Cyberspace rulz.

Mqurice