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


To: carranza2 who wrote (90879)6/1/2012 9:16:02 AM
From: Maurice Winn2 Recommendations  Read Replies (1) | Respond to of 218047
 
What? Me Worry? What's to worry about? Reset the debt. No problem.

Really though, panic about what? <
Incredible lack of concern everywhere I turn to, but like The Shadow, the bond market knows.

When will the panic start?
>

A good panic is lots of fun, but looking around here [in York in a cafe with wifi] there seems nothing whatsoever to worry about. Everyone is happily munching and wandering. No panic. No sign of panic. Barely a frown anywhere and certainly no scowls. Nice music.

The bricks look as though they have been here for many decades and some for centuries. They will still be here in another decade [2020 reglaciation notwithstanding which could make it chilly in winter - excessively so].

Wandering around here, it occurred to me that the unit of economic activity for centuries was the brick, which brick by brick built the 3D material world of kings and empire. Now, sitting here in Cyberspace, it seems that the unit of economic activity is the byte. Bricks have had their day. There is a new world under construction, a byte at a time.

It's reminiscent of The Rapture. At the end of time, at the denouement of the Mayan calendar, hordes will be uplifted into the new realm of Cyberspace. Goodbye world of bricks, swords, ploughshares, gold and Aztec materialism.

Panic? Let the pixels fly.

Meanwhile, pog is going nowhere fast. However, the official sooth stands. $1727 - 31 Dec 2012, Mayan time.

I shall report from the South of France in a couple of weeks. Perhaps nearer the Spanish border there is more of a frisson of fear in the air. The Samsung Galaxy S3 is now on sale - selling like hot cakes. dailymail.co.uk Don't miss out. Cyberspace is calling to all true believers.

Mqurice



To: carranza2 who wrote (90879)6/1/2012 11:24:14 AM
From: bart131 Recommendation  Respond to of 218047
 
No golden showers today... high and dry time, same with miner positions. -g-

Blow off in Treasuries, still looking for 1.4% as the initial target and will re-evaluate when it gets hit. 1.33% or 1.2% far from out of the question.

Today's SecLend should give some clues in about an hour (yesterday was $16B, average since 2002 about $6B, all time high $37B). Still thinking any reverse is no sooner than June 10th or so.