gatersaw

Auto Sales and Manufacturing: Unsustainable Pace of Recovery

Ok so if everyone in the US pays $10 we can stimulate another industry. What next?!!! It's a damned tax and nothing more. We all just paid $20 to give auto manufacturers $10. It's government people! if you think it's running a zero sum game you're not just stupid you're dog gone stupid! By the way why has only 2% been reimbursed? They promised to have folks paid up by now. Oh yeah...it's government! Get a fricken hint.

Today in Commodities: Living Up to Expectations

I'd rather own guns than gold. You lost all credibility.
I'd rather own miners than gold. You lost all credibility there.

Look people if you're day trading someone else's picks start thumbing the classifieds cause you're about to be broke. The difference between you and him is you have only so much money and he is moving clients monthly.

We are expecting inflation by buying commodities right now. In the next few months the gold bugs are going to gloat as the dollar drops quickly. Gold won't benefit as much as any other commodity and that is the reason it's ok for media advertisements for gold because we'll all be making triple what gold bugs are making. There is karma.

The race will begin when Dow bottoms in the next couple months. As soon as I see a new low on Dow I'm getting ready to buy any commodity on my platform.

Marc Faber: China's Economic Numbers Are Fake

Hunter your posts are interesting but here is something I would like to talk to you about...we all agree the dollar is going to take it in the shorts so then how does Dow Jones go to 0 at a rapid pace? From this distance I have to abide by market forces and inflation will send the Dow above 10,000 early next year as the real bottom of the Dow is seen in the next few months and people escape dollar safety for risk in commodities and some equities. It doesn't matter if only 2 people buy Dow at that time...dollars will be devaluing rapidly and everything will appreciate vs dollar. Oil will surely top $100 in weeks after the real bottom of the Dow is in place. I am just waiting for the next low. At that point I'm all in commodities because corn will always be worth corn whereas dollars will soon be worth pennies.

Paradigm Capital Analysts: More Gold Takeovers to Come

I don't think anyone anticipated an extremist left wing president that would triple the national debt in 6 months! I'm getting in your buying gold boat but here is what I'm doing that is a little different. Gold is considered a currency until what happens? Until China decides it is not a currency. I'm buying silver which is an industrial metal as well as hard currency, copper, soybeans, corn because if the system really does fail food is going to be more important than metal for a while. My intention is to begin buying these things after the next drop in equity prices in the USA. I foresee a big drop coming thanks to corporate defaults and another wave of housing defaults. This wave of defaults will do the same as the first one. If you were not paying attention it will cause deflation again which raises the value of the dollar and deflates the value of equities and real estate. I see this happening very soon. So you gold buyers are going to have another 3-6 months to wait before going to the moon. Maybe another year but I doubt that.
financialworldmarketsm.../

To: Novice investor. Thanks for your opinion.


On 2008 Aug 06 02:29 PM gatersaw wrote:

> Gold tracks global inflation. The inflation balloon in the US has
> been relieved by decreasing housing prices and falling equities prices.
> Countries hold their inflation in these two asset classes. If the
> largest economy in the world has let the air out of its inflation
> storage device then why would gold appreciate vs the dollar?
> There was a pin prick of the inflation balloon in the UK in November
> 2007. EU felt the "pop" in April 2008. Inflation is going down now
> not up. We experience inflation at the grocery store at present because
> it's "baked in" to the economy and will take time to find it's way
> out as producers experience cheaper production costs.
> There is no reason for a gold rally right now. We should revisit
> this thought in a year but most likely we won't be buying gold for
> 2 years.

Law of Supply & Demand Is Dead for Gold & Silver

What happened the last time the Middle East converted its dollars to gold? Go back on a gold chart and look for a landslide selloff that has no bearing on supply and demand.
There are bigger fish than India and Dubai. Wake up.

Fannie/Freddie Rally: A Product of Fed Intervention

I got more out of the comments of this article. Thanks bbzz24 and The Truth Seeker. I knew there was a reason I came to SA.
Thanks for the common sense comments, guys.

Paradigm Capital Analysts: More Gold Takeovers to Come

Gold tracks global inflation. The inflation balloon in the US has been relieved by decreasing housing prices and falling equities prices. Countries hold their inflation in these two asset classes. If the largest economy in the world has let the air out of its inflation storage device then why would gold appreciate vs the dollar?
There was a pin prick of the inflation balloon in the UK in November 2007. EU felt the "pop" in April 2008. Inflation is going down now not up. We experience inflation at the grocery store at present because it's "baked in" to the economy and will take time to find it's way out as producers experience cheaper production costs.
There is no reason for a gold rally right now. We should revisit this thought in a year but most likely we won't be buying gold for 2 years.