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

To: Cogito Ergo Sum who wrote (91269)	6/10/2012 5:14:37 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217560

Anyone w/ a few tril of savings The savings are there to save Europe, but in so doing by way of gold-stuffed pig euro, would necessarily trash an equivalent amount of less worthy causes, to the tune of several trillion The gold loan idea is ... Dangerously Destablizing (dd), because it in effect is the get-go of a major currency realignment, unless team USA, the planet's largest debtor, either tees up an equivalent austerity-inducing gold loan, or Do double duty on wastrel printing, and send gold to usd-denominated astronomical high. Imagine as and when American natural gas fueled Greek ships transport china-manufactured golden gate bridge and high-speed rail systems using Brazilian iron and canadian chrome and British coal going one way, shanghai to Oakland, and China-sourced rail network shipping fort Knox gold collateral for the return journey of the ships that just unloaded new public security surveillance systems by the contains. Brave new world for the new world. Would say a bit too early for the gold loan idea, by 6-14 years. Otoh, we must realize that for every dollar buying the gold loan is a dollar less for non-gold backed lesser goodies (not as goods), unless and until the money for gold-backed loans is printed out of thin air, making the gold for gold-backing more expense and therefor the gold loan seriously more expensive. The officialdoms might as well just print, grin and bear the subsequent shouting. What is done is done, and the voting members of fed just move to cushy banking jobs, as reward for a job well done. Bottom line, prepare for 160,000 gold, as if the gold-backed loan takes off, demand increases dramatically for heretofore sleeping capital.

To: Cogito Ergo Sum who wrote (91269)	6/11/2012 12:33:47 AM
From: Maurice Winn	2 Recommendations Respond to of 217560

BS, received by PM: < I seem to be expecting the black swan which is an oxymoron.> Indeed. Everyone knows that the black swan is coming in for a landing. TJ has gold going to $160000 or $16 . But unlike in regular physics, minds can turn on a dime, being weightless. As my correspondent was pointing out, it isn't really an unknown unknown black swan when every man and their dog have been waiting for it for years. I hasten to add that "man" is in the "one small step for mankind" usage of man and includes women, melanin-rich/deficient, children and the old. I don't want GPS or Metacoment calling me a hypocrite. There are self-fulfilling prophecies, such as bank runs and gold bubbles. But there are also self-canceling prophecies and Americans now have the highest savings rate for a couple of generations as they batten down the hatches and adjust to what has happened and what they expect to happen, thereby stopping it happening. Gold is more likely to simply sit at $1727 then wobble off into the future, somewhat chastened and wondering what's coming next than fall to $16 or hyperinflate to $160,000. But sometimes people do decide that big wars and total revolution with gross carnage are good ideas. In 1812, there was such a time. America, Britain, France, Russia - were all warring. Maoris were dining on each other. Africans were living Malthusian lives. Nowhere was run on principles of peace, light, harmony, happiness, health, prosperity, longevity, fun and love. There was no CDMA anywhere. Each was a tribe unto itself. In 1940, the same game was on. I vote for a fizzer of a black swan. But I note that with 2020 foresight, 2020 will be cold like 1812, with very low solar activity, just as during the Little Ice Age which bore down hard on Napoleon's troops in Russia. Maybe everyone in northern Europe will be having to head south. Most people are not expecting that. That would be a Black Swan for them. Canada won't do too well either with the reglaciation heading to New York and burying Ottawa. Not many people will still be worrying about CO2 and The Greenhouse Effect. Mqurice