You'd be AMAZED at the number of so-called "educated Americans" who somehow, amazingly, still believe the world starts at the Statue of Liberty and ends at the Golden Gate Bridge.
China is still taking batting practice; for them, the game hasn't even begun.
For the U.S., the game is long-ago over, and the "team" is still on the field trying to figure out how they lost.
On Nov 07 09:15 AM Echute88 wrote:
> The guy who wrote..."Two words. Beijing put" is right on the money. > China has advertised on TV for its citizens to invest in silver/gold. > Mr. Goodman obviously knows nothing about Chinese culture or losing > face. China WILL support/maintain the price of gold and silver at > certain levels.....and trust me.....they won't let it go to $11 bucks > and piss off the peasants.
The dollar carry trade is here to STAY for as long as the US$ is the currency equivalent of Charmin, and the Fed isn't about to stop the pre$$e$ now running at redline RPM, as the Sikorskis keep taking off from the Wizard Of Oz Memorial Heliport. The $ is the new Yen, and will be for the next 20 years, just as the Yen was for 20 years.
On Nov 05 12:27 PM doubleguns wrote:
> Rumors of a collapse of the dollar carry trade are starting and that > will cause exactly what this article says. I love silver but if this > starts to happen I suggest stops in your paper silver and wait patiently > with an eagerness to back the truck up. > > Sometimes wishes do come true. > > Short term possibility, but long haul silver on a tear.
Buffett is buying railroads because they're going to be the most efficient way of moving what few goods there will be to move when diesel is $10 a gallon and still rising. He's not making any huge bet on the American economy, he's making a Hobson's Choice.
On Nov 05 02:31 PM Russell Upsomgrubb wrote:
> Warren Buffett is perhaps the most successful investor of all time > and just bough Burlington Northern, making a huge bet going forward > on the growth of the American economy over the next 5-10 years. If > he is correct, I see the dollar strengthening over time. The consensus > on Wall Street is so often wrong and the vast majority of traders > are short the dollar. Buffett is an investor, not a trader. He believes > in the long term creation of wealth, not trying to get rich overnight. > Mark Faber, a doomsayer, claims the value of the dollar will eventually > fall to zero. Gee, I'll bet he owns a lot of gold.
Sounds like 'ole Avery is about to get the Margin Call Of His Life on his silver shorts. That's why he's trying so desperately to convince himself - and, by extension, us readers - of something he doesn't really believe. Intellectual dishonesty is the first haven of panic.
On Nov 05 09:15 AM xearther wrote:
> Whenever I see an article begin with "don't get me wrong" the caution > light glows bright. Same with that subtly manipulative word "clearly" > (takk for not using it). > > "Lover of silver", eh? If that's true, then I think your article > is a great example of the old phrase, "can't see the forest for the > trees". > > Beyond fiat currencies, beyond discerning what's real and what's > not (money-wise), besides the fact that they don't call him "Helicopter" > for nothing... you did not mention the "elephant in the room": JPMorgan > short 190 million ounces of COMEX silver futures. > > There is going to be a High Noon moment before this month is over > with CFTC Commissioner Bart Chilton and Chairman Gary Gensler baring > their six guns. > > Silver to $11? You're a funny guy, Mr. Goodman. A very funny guy. > > > For those wishing to get a better view of the forest, I recommend > a visit to the mind of Ted Butler: www.investmentrarities...
Prepare Yourself for the Inflation Invasion [View article]
A: Gold and agricultural commodities.
On Aug 24 01:06 AM lance sjogren wrote:
> The $64000 question: > > When the stock market makes its coming correction, you are going > to have a massive amount of cash sloshing around looking for a home. > > > Whoever can figure out where it is going to go will be the next George > Soros. > > (for conservatives who are offended, I should point out that I think > George Soros' politics stink to high heaven, but the fact is he is > the best example of someone who made a killing by predicting markets.)
Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist? [View article]
[G]enius "or" alarmist ? Why must there be the implied choice? Is a genius incapable of also being an alarmist ? And vice-versa ? The real, salient question, however, is: Which of Dr. Leeb's premises are correct, and which are not ?
Your discussion of the "BRAC" countries is incomplete without the inclusion of New Zealand. It lives and labours in the shadow of neighbouring Australia, and is thus - unfairly - relegated to afterthought status when it is not deserving of such. But it is poised to enjoy the same good fortune as Great Britain did in the 70's and 80's when its vast hydrocarbon deposits are exploited over the next several decades.
Commodity Roundup: What To Be Bullish On Now [View article]
That one reason is reason enough. Who's going to produce at a loss for very long? Price-below-production cost has always been the floor since the dawn of history. No different now.
Silver Prices Are About to Fall [View article]
China is still taking batting practice; for them, the game hasn't even begun.
For the U.S., the game is long-ago over, and the "team" is still on the field trying to figure out how they lost.
On Nov 07 09:15 AM Echute88 wrote:
> The guy who wrote..."Two words. Beijing put" is right on the money.
> China has advertised on TV for its citizens to invest in silver/gold.
> Mr. Goodman obviously knows nothing about Chinese culture or losing
> face. China WILL support/maintain the price of gold and silver at
> certain levels.....and trust me.....they won't let it go to $11 bucks
> and piss off the peasants.
Silver Prices Are About to Fall [View article]
On Nov 05 12:27 PM doubleguns wrote:
> Rumors of a collapse of the dollar carry trade are starting and that
> will cause exactly what this article says. I love silver but if this
> starts to happen I suggest stops in your paper silver and wait patiently
> with an eagerness to back the truck up.
>
> Sometimes wishes do come true.
>
> Short term possibility, but long haul silver on a tear.
Silver Prices Are About to Fall [View article]
On Nov 05 02:31 PM Russell Upsomgrubb wrote:
> Warren Buffett is perhaps the most successful investor of all time
> and just bough Burlington Northern, making a huge bet going forward
> on the growth of the American economy over the next 5-10 years. If
> he is correct, I see the dollar strengthening over time. The consensus
> on Wall Street is so often wrong and the vast majority of traders
> are short the dollar. Buffett is an investor, not a trader. He believes
> in the long term creation of wealth, not trying to get rich overnight.
> Mark Faber, a doomsayer, claims the value of the dollar will eventually
> fall to zero. Gee, I'll bet he owns a lot of gold.
Silver Prices Are About to Fall [View article]
On Nov 05 09:15 AM xearther wrote:
> Whenever I see an article begin with "don't get me wrong" the caution
> light glows bright. Same with that subtly manipulative word "clearly"
> (takk for not using it).
>
> "Lover of silver", eh? If that's true, then I think your article
> is a great example of the old phrase, "can't see the forest for the
> trees".
>
> Beyond fiat currencies, beyond discerning what's real and what's
> not (money-wise), besides the fact that they don't call him "Helicopter"
> for nothing... you did not mention the "elephant in the room": JPMorgan
> short 190 million ounces of COMEX silver futures.
>
> There is going to be a High Noon moment before this month is over
> with CFTC Commissioner Bart Chilton and Chairman Gary Gensler baring
> their six guns.
>
> Silver to $11? You're a funny guy, Mr. Goodman. A very funny guy.
>
>
> For those wishing to get a better view of the forest, I recommend
> a visit to the mind of Ted Butler: www.investmentrarities...
Prepare Yourself for the Inflation Invasion [View article]
On Aug 24 01:06 AM lance sjogren wrote:
> The $64000 question:
>
> When the stock market makes its coming correction, you are going
> to have a massive amount of cash sloshing around looking for a home.
>
>
> Whoever can figure out where it is going to go will be the next George
> Soros.
>
> (for conservatives who are offended, I should point out that I think
> George Soros' politics stink to high heaven, but the fact is he is
> the best example of someone who made a killing by predicting markets.)
Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist? [View article]
Your discussion of the "BRAC" countries is incomplete without the inclusion of New Zealand. It lives and labours in the shadow of neighbouring Australia, and is thus - unfairly - relegated to afterthought status when it is not deserving of such. But it is poised to enjoy the same good fortune as Great Britain did in the 70's and 80's when its vast hydrocarbon deposits are exploited over the next several decades.
Commodity Roundup: What To Be Bullish On Now [View article]