Ahab

As the Dollar Rises and Gold Falls, Should We Get Ready for Fed Rate Hikes?

You got it. I hear commentators saying gold is at record heights, it should be bought. I thought it should be bought at your figures and accumulated shares with both hands then. But as for fading the crowded trade these are small moves, you add brokerage and the impossibility of catching the extreme points and it isn't worth the effort. I am waiting until everybody I know is tipping me to buy gold and its instruments. Then I will look at real estate, natural gas, and long term US bonds at 5 cents on the dollar.


On Dec 07 11:03 AM Mad Hedge Fund Trader wrote:

> hgs The behavior of the global markets on Friday was a great “tell”
> on the current state of risk taking. We finally got the one data
> point that we have been hoping for, even praying for, for two years,
> nonfarm payroll job losses near zero. The stock market should have
> soared, but the Dow eked out only a miserly 22 point gain. The markets
> that should go down on this news got absolutely slaughtered, like
> bonds, gold, silver, platinum, crude, and foreign currencies. This
> tells you that the current risk/ reward in the markets totally sucks
> right now. I believe that Mr. Market does whatever he must to shortchange
> the most people. And with almost all positions right now you are
> facing a “heads, Mr. Market wins, tails you lose” dilemma. This is
> why I have been out of the market since October, except for my physical
> precious metals, which are too expensive to turn over. Furthermore,
> all of the markets that have the greatest long term fundamentals
> suffered the most ferocious falls, like gold’s $80 hickey, because
> they have become the most overbought, thanks to those late to the
> party, the performance chasers and momentum players. You get rich
> by buying gold at $32, $300, or $800, not at $1,220. This all leaves
> me more convinced than ever that I am making the right long term
> strategic call. Buy hard assets, but not at frothy peaks. Shun paper
> of all kinds, including stocks and bonds, especially US Treasuries,
> the world’s most overvalued asset.

Is Dubai's Default a Black Swan Event?

Civilization has always got it right: the object of the game being to expand living standards to cope with perfectly natural and necessary exponential population growth in a world of natural disasters. People just refuse to see their kids die. Those wealthier groups with the most offspring will be the ancestors of a larger proportion of survivors when the whole freaking *&^& goes over the edge. And it always does. And all the supposedly sustainable development in the world will not offset the unsustainable components unless our species numbers under a billion before climate change makes that say 20 million..


On Nov 27 09:43 AM Terry Mock wrote:

> Will Civilization Get It Right, This Time?
> July 2009 - www.sldi.org/newServic...
>
> Yann Arthus-Bertrand, the French photographer who pioneered modern
> aerial photography, recently released his latest project called HOME,
> which captures the beauty of our planet in an awesome film stressing
> the general unsustainability of current land development practices
> all over the earth...
>
> Sustainable Civilization Links
>
> Attenborough Explains Easter Island
>
> More mysteries of Easter Island - BBC
>
> Dubai: The Amazing Development of Dubai
>
> UAE - Dubai: The Desert Kingdom
>
> World's Tallest Building
>
> ...In this revolutionary first act, the film HOME makes the point
> about the need for sustainable land development best practices by
> comparing the failed historical example of Easter Island to modern
> day monument-raising practices around the world, culminating in the
> tallest building in the world in Dubai. The point is that history
> shows us that civilization has reached its current lofty perch before,
> only to collapse because of fundamental flaws in our understanding
> of the true relationship between humans and nature.
>
> This unprecedented technological ability to transfer knowledge around
> the world now sets the stage for a quantum leap in global consciousness
> that will hopefully allow our civilization to avoid repeating the
> mistakes of the past while moving forward towards a sustainable future.
>
>
> Your participation and comments are welcome.
>
> Terry Mock
> Executive Director
> Sustainable Land Development International
> www.SLDI.org
>
> Promoting worldwide land development that balances the needs of people,
> planet & profit - for today and future generations.

Why Isn't the Market Seeking Safety in Gold?

The market is seeking safety in gold. All over the world investors are paying substantial premiums over Comex to own the real thing. Demand has been soaring. On the other side of the coin leveraged funds are puking up everything they can turn into cash to make margin calls and cover their cds and other big time losing trades.
The fed needs an exponential number of bunnies to fund an exponential bailout/deficit. Where will they be if gold takes off now and who are the two big comex shorts for the 'million dollar question'?

How Will We Know When the Markets Hit Bottom?

The best, patented, sure fire test for the bottom is when you don't care any more.

U.S. Dollar Reached a 2.5 Year High Friday: What Does It Mean for the Economy?

This isn't about the world recognizing relative value. It is about hedge fund redemptions, margin calls, repatriation and related short covering and a flight to cash; a disconnect due to FEAR in short that isn't going to be around long enough to translate into re-establishing gross imbalances in terms of trade and consumption with the rest of the world.

Silver: Gap Between Paper and Physical Prices Widening Daily

That's the notorious forgery 'Protocols of the Elders of Zion' I presume. Last I saw that was 45 years ago being waved in social science class by the son of an (ex) nazi migrant. Ironically it was a fairly accurate account of national czarist and later Nazi party modus operandi, and attributing it to their powerless victims was the great 20th century triumph of the absurd.