Gilbert A...

10 Predictions for the Global Economy

To conclude, I will just quote the prophet.

''There are known knowns. There are things we know that we know. There are known unknowns. That is to say, there are things that we now know we don’t know. But there are also unknown unknowns. There are things we do not know we don’t know''

Greetings to you all !

Letting the Reinflation Genie Out of the Bottle

Hi, jlounsbury,


You brief it well and it is clear and correct.

There not much of a doubt in my mind, that there is going somekind of an inflation, a devaluation of the currency, it's mainly a matter of knowing When ?

The next point and more important is :

Do we want to be losers or winners ?

Since there so much of everyone money given away to banks by bailouts, there is no shame to increase what we owe to banks, now and pay them later.

Time is everything afterall.

No rush to pay faster your mortage or any of your loans.

Time to invest ? Calls on commodities, selling Puts. Oil, Gold, Silver.

Time to quit bonds ?

If it doesn't work, will you be worst than other ?

You don't probably realize that, by only reading these threads makes you weeks in advance on the mainstream medias. If you're not in finance, and even if you are, you talk about what is written here with collegues; the vast majority of people won't even understand half of your saying.

Financial illetracy is also a great plague.

You listen CNN, and a gorgeous girl tells you that even you 401K is down 33 % since three months, there no worry if you are young and don't retire from 20 years from now.

That is total BS. better sell at the beginnig, let it drop and buy it back
lower no matter your age, a lost is a lost.
Mainstream medias vows to inform you, but control you at the first
thing.

Freedom comes with knowledge.

Thank to MSM and proxies given by finance illetracy; Many portfolio managers who eat caviar two month ago will probabilly doing so two years from now, and they don't care about who is gonna get the balloney.

I just want to cover my ar... by myself, and actually i do it better than my pension plan management.

Good luck to you all

God bless

Gilbert.:





On Nov 26 12:14 PM jlounsbury59 wrote:

> User 55065 - - -
>
> Inflation has winners and losers. Some winners are:
> 1. Anyone with huge debt. The debt is repaid with dollars of lower
> value.
> 2. Anyone with hard assets: real estate, commodities, etc. However,
> some might argue that these, on average, simply stay even, protecting
> the holders from inflation.
>
> Some losers are:
> 1. Lenders and bond holders. They are receiving devalued dollars
> in repayment.
> 2. Anyone of fixed income, such as seniors and retirees. Social security
> is indexed for "inflation", but the official inflation number seriously
> underestimates the actual cost increases for seniors, such as health
> care and other services.
> 3. Wage earners. Wage increases tend to lag inflation.
> 4. Stock investors. Stocks have underperformed in periods of high
> inflation, especially on an inflation adjusted basis.
>
> On balance, high inflation has more losers than winners.
>
> A low level of inflation (1%, 2% or even 3%) is a condition that
> often accompanies an expanding economy and the balance between winners
> and losers shifts to more winners.
>
> I hope this over-simplified discussion of inflation pluses and minuses
> is useful.