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


To: TobagoJack who wrote (175393)7/25/2021 8:31:15 PM
From: maceng2  Read Replies (3) | Respond to of 217789
 
<<just one missing item can do it.>>


Yep. Big time.

and after reading the nuke power plant post, I would guess the UK Government look to be commiting a royal flush screw up... in spades, and dont mention the Eurovision Song contest.

(471) History being made as 4 (FOUR!!) countries get 0 POINTS in Eurovision 2021 televote - YouTube

No clue whatsovever. They are experts on mask mandates and social distancing though. So very efficient in getting us back into the manufacturing biz as any "time and motion" study will show. -s-

These guys are really out to beat China. I wouldn't worry about the UK out performing China just yet -lol-



To: TobagoJack who wrote (175393)7/26/2021 6:16:57 PM
From: sense  Respond to of 217789
 
The only problem with any of that... is in the definition of the word "transitory".

Of course, one can rightly make the same argument... that we are each on this earth for only a relatively short time... and therefore, each of us are "transitory" in our existence.

The sun will eventually burn out, collapse in on itself, and go super nova... (generating much new gold)... thus making its remaining billions of years of existence only transitory...

The language of the article, you might note, has begun to describe elements I've been discussing for a while, and predicting for a lot longer... as "systemic" issues...

The impacts discussed are thus "transitory" in the sense that in 30 years we (for those who might still be here) likely won't remember it as relevant in the daily affairs of 2050...

But, those systemic issues being discussed... aren't going to go away... The "parts" set adrift... will continue bumping into each other over the next couple of years... until they find new ways of fitting together than reduce the impacts of collisions... and may or may not resolve the inefficiencies inherent in structuring a centralized command economy dominated by monopolies... which has never worked... and is not about to begin working now...

If "transitory" means... within that range... Yeah. Fine. Call it transitory... while gold rockets higher over the next 2 or 3 to 5 years... and I won't care a whit what you call it.



To: TobagoJack who wrote (175393)7/26/2021 6:44:11 PM
From: sense  Read Replies (1) | Respond to of 217789
 
Also worth noting that element in relation to inflation that matters most long term...

Warren Buffett addresses one facet of it in responding to interviewers asking him about his success... wondering why there are not thousands of others seeking to duplicate his successes... he says, "because almost no one wants to get rich slowly."

Inflation is NOT a simple switch you flick on or off... but is more on a rheostat that allows you to dial it up, or back... within some range...

In the long term... printers go "brrr" way faster than miners mine new supplies of gold or silver... so there is always inflation... at some base level that they've decided we should be inured of and not notice...

In the degree we do note it... they try to suppress the price of gold and silver... or, failing in suppressing it in absolute terms... generate sufficient volatility that it might serve to obviate the awareness of the trends in the long term variation by burying it in artificially large short term variations... as silver dropping $2 from $28 on July 14 to $26 on July 17 for no obvious reason at all... ?

That means public policy re inflation is the same thing as frogs in a pot of water warming toward a boil... who do not notice that the water is warming because the pace is relatively slow over short periods of time...

If the water does start warming up too fast and the frogs notice ? That's the point when the pot operator has to intervene... to reassure them, that, no, the water is not warming up... while throwing in a few ice cubes now and then to emphasize the point...