Hey Rog, If this prognostication is as inaccurate as your TBT guesses, then I'll pass. Thanks anyway. By the way, did you ever publicly fess up to that major FU?
> Don't forget the 'new Bretton Woods' meetings starting in two weeks. > The 1944 Bretton Woods agreement established a gold basis for currencies, > including the dollar. Several heads of state are openly calling for > a new currency that is based on gold. > > Many authors have made an excellent case that gold is being heavily > manipulated by the Government through a handful of bullion banks. > While most seem to think that the purpose of this manipulation is > to disguise the fall in the dollar (until recently). However, government > manipulation of gold (and silver) does not seem to have abated much > with the rise in the dollar. You can't say that government manipulation > was to disguise the value of gold when the dollar was going down > if manipulation continues when the dollar is going up. > > Could it be that this 'new Bretton Woods' agreement will put the > dollar back on the gold standard? If so, where is that gold going > to come from - enough for world trade? Maybe the Government manipulation > of gold, keeping it low in spite of all fundamentals otherwise, is > preparation for a declaration that private ownership of gold is outlawed, > after which the governments will want to 'buy' it from gold holders > at the lowest possible price to support their currencies? > > Time will tell.
How About This for a Hedge Combo: TBT and TLT [View article]
Well Rog, You've been advocating this for a long time. And the way it's goin', TBT will be at Zero before the Long Bond rate gets there. Right now the long bond is at 1960's rates, about 4% But inflation is at 4 times 1960's rates, about 6% or much higher. Real returns are big negative. Does that mean I have to pay ProShares at divi time? When Wall Street stops having "systemic collapse" panic attacks and stops using the long bond as their personal Money Market Fund maybe then rates will reflect inflation and generate positive REAL returns. Does depression and bond default mean rates go to infinity. That should make TBT very attractive. When Lehman rolls over and dies, I hope to hell they don't steal TBT.
Looming Financial Catastrophe: A Real Inconvenient Truth [View article]
"If you take a poll of Americans and ask them if they want make sacrifices for future generations, I can guarantee you that 85% would say no." If ,as you guarantee, 85% say no then how is it that 15% should overule the 85%?
Housing Crisis Likely to Wipe Out Two Decades of Family-Earned Wealth [View article]
I lived well below my means for my entire life. I saved. The places I saved ultimately traded my green dollars for FM & FM paper to pay my interest. Now I get to pay higher taxes to insure that the FM paper that my banker bought with my deposits, doesn't default. If I had my way I'd hold the little rodents, that way overbought, in servitude until such time as they paid off their debt. No BK outs. Then I would put a bullet in the appropriate bankers that knew damned good and well what was going on. Too strong? Try me.
Hey Vernon, I have a question. If the, soon to be fleesed, non Fdic Insured depositors along with the long term stockholders went to vvv home, hauled him out, shot him, strung him up in his from yard, and pinned a note to his lapel which read. "The next banker who leaves with his wealth will meet with the same fate." Do ya think it would change a single one of the charismatic bastards? No? How bout if we "do" two or three of the unethical pricks. Would that get their attension?
This is absolutely BS. Oil is killing us. Iran is threatening Israel with nukes. Iraq is producing oil by the bucketfuls. We the taxpayers are spending billions GIVING Iraqis democracy. Our economy is falling of a cliff. We cant drive our cars, fly our planes, take a vacation, accumulate savings, nothing....Shrinking economies of scale are going to absolutely devastate our standard of living.
I am damn tired of it. Guam, PuertoRico are territories and Hawaii was recently a territory. Our military is in place in Iraq. It's time to take Iraq. Unilaterally declare it as a territory. Nationalize the oil. Put a crushing stop to the violence. Impose stability, the rule of law, and a government.
It will help with our standard of living and Iran will be forced to cool it's jets. You can have your ethics, I want a standard of living worth living.
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Latest | Highest rated2009: Expecting a Massive Rally [View article]
If this prognostication is as inaccurate as your TBT guesses, then I'll pass.
Thanks anyway.
By the way, did you ever publicly fess up to that major FU?
Shorting the Long Bond: The Obama Solution Meets China [View article]
Are Safe Haven Investments Really Immune From Current Crisis? [View article]
On Oct 19 04:28 PM 31October wrote:
>
> The only thing that could save PGM prices would be war.
>
> Now... Which candidate owns more metals?
A new and improved US Nuclear Command...Very Interesting!
Gold's Fundamentals: 'Extremely Appealing' [View article]
On Nov 01 12:24 PM bowman711 wrote:
> Don't forget the 'new Bretton Woods' meetings starting in two weeks.
> The 1944 Bretton Woods agreement established a gold basis for currencies,
> including the dollar. Several heads of state are openly calling for
> a new currency that is based on gold.
>
> Many authors have made an excellent case that gold is being heavily
> manipulated by the Government through a handful of bullion banks.
> While most seem to think that the purpose of this manipulation is
> to disguise the fall in the dollar (until recently). However, government
> manipulation of gold (and silver) does not seem to have abated much
> with the rise in the dollar. You can't say that government manipulation
> was to disguise the value of gold when the dollar was going down
> if manipulation continues when the dollar is going up.
>
> Could it be that this 'new Bretton Woods' agreement will put the
> dollar back on the gold standard? If so, where is that gold going
> to come from - enough for world trade? Maybe the Government manipulation
> of gold, keeping it low in spite of all fundamentals otherwise, is
> preparation for a declaration that private ownership of gold is outlawed,
> after which the governments will want to 'buy' it from gold holders
> at the lowest possible price to support their currencies?
>
> Time will tell.
My guess, too.
The Shallowest Generation [View article]
To protect our arsenal or get it ready to go.
How About This for a Hedge Combo: TBT and TLT [View article]
It Monday after the Sunday....
Still think Lehman is going to pay a divi on this?
How About This for a Hedge Combo: TBT and TLT [View article]
You've been advocating this for a long time.
And the way it's goin', TBT will be at Zero before the Long Bond rate gets there.
Right now the long bond is at 1960's rates, about 4%
But inflation is at 4 times 1960's rates, about 6% or much higher.
Real returns are big negative.
Does that mean I have to pay ProShares at divi time?
When Wall Street stops having "systemic collapse" panic attacks and stops using the long bond as their personal Money Market Fund maybe then rates will reflect inflation and generate positive REAL returns.
Does depression and bond default mean rates go to infinity.
That should make TBT very attractive.
When Lehman rolls over and dies, I hope to hell they don't steal TBT.
Looming Financial Catastrophe: A Real Inconvenient Truth [View article]
If ,as you guarantee, 85% say no then how is it that 15% should overule the 85%?
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Core Inflation Is Low and Stable [View article]
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Housing Crisis Likely to Wipe Out Two Decades of Family-Earned Wealth [View article]
Now I get to pay higher taxes to insure that the FM paper that my banker bought with my deposits, doesn't default.
If I had my way I'd hold the little rodents, that way overbought, in servitude until such time as they paid off their debt. No BK outs.
Then I would put a bullet in the appropriate bankers that knew damned good and well what was going on. Too strong?
Try me.
The WaMu Mess: No Surprise Here [View article]
I have a question.
If the, soon to be fleesed, non Fdic Insured depositors
along with the long term stockholders went to vvv home, hauled him out, shot him, strung him up in his from yard, and pinned a note to his lapel which read. "The next banker who leaves with his wealth will meet with the same fate." Do ya think it would change a single one of the charismatic bastards? No? How bout if we "do" two or three of the unethical pricks. Would that get their attension?
Another Bad Employment Report: We're in a Recession [View article]
And your point is?
NYMEX: Speculators Aren't Driving Oil Market [View article]
I am damn tired of it. Guam, PuertoRico are territories and Hawaii was recently a territory. Our military is in place in Iraq. It's time to take Iraq. Unilaterally declare it as a territory. Nationalize the oil. Put a crushing stop to the violence. Impose stability, the rule of law, and a government.
It will help with our standard of living and Iran will be forced to cool it's jets. You can have your ethics, I want a standard of living worth living.