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


To: Maurice Winn who wrote (93574)8/16/2012 1:28:03 AM
From: TobagoJack  Read Replies (1) | Respond to of 219464
 
paulson is not buying tons of gold

he is dishoarding piles of paper



To: Maurice Winn who wrote (93574)8/16/2012 6:06:16 AM
From: Hawkmoon2 Recommendations  Read Replies (1) | Respond to of 219464
 
Let's see.. Paulson made his billions by packaging together sub-prime toxic debt.. then selling CDS against it.

I wonder what kind of CDS "protection" he has bought against Gold.. That would be the "rest of the story"..

I am just hesitant to ride the coattails of hedgies like Paulson.. One never really knows the "full story" on their investment strategy...

Hawk



To: Maurice Winn who wrote (93574)8/16/2012 10:08:08 AM
From: RJA_1 Recommendation  Read Replies (1) | Respond to of 219464
 
>>To cut to the chase, gold will go up, but shares and productive assets will go up more as they become the store of value and gold-based money [if it went that way which it won't] will be just for groceries.

The historical record of Wiemar, as described in The Economics of Inflation

amazon.com

is different than you describe.

In the actual scenario, both gold and the stock market rose in relation to the depreciating paper mark, but gold rose more.