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WMARKW

WMARKW
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  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    One viewpoint ( of mine) is that it is being purposefully precipitated.
    Apr 23 05:53 PM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    The Fed doesn't appear to be fighting much of anything. First they sell Treasuries in POMO operations taking money out of the economy. Then the buy back from POMO dealers (of course allowing the dealers/banks to make a profit on the transaction) putting the same money back into the system. These treasuries sustain deficit spending, which deficits have been falling. So the effect of the Fed combined with falling deficits has been diminishing (with the falling deficits). What will be interesting is when the Fed disgorges their Treasuries and MBS, probably at maturity, which will none the less require the Treasury to sell new instruments to repay the for the ones that mature (i.e. debt roll over). Now what effect will the rollover of that debt when combined with normal rollover have on taking money OUT of the economy ---> contraction.
    Apr 23 05:49 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    EA, your link doesn't work. But nevertheless. It's not just "depression era statistics". It's the IQ bell shaped curve that simply says 25% of the people fall below 90. And yes, there can be a lot of different reasons...some of which are environmental, like poverty, single mother homes, parental care, nutrition and good schooling. So, perhaps instead of talking about underlying causes that there are options we have to influence.
    Apr 23 05:21 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Berbno1. Absolutely^10 power.
    Apr 23 05:09 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    RIQ - really, "Years of surpluses"??
    Apr 23 02:27 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    But....we all want to avoid the discussion of the fact that there are some people who are smarter and some less smart. There are some people who are hard workers and some less so. When you combine less smart and less motivated or motivatable ...you get poor performance from some group of people. There are only so many things that can be solved. Maybe in the future we can genetically engineer - although I don't know that the outcome would be desirable.
    Apr 23 02:26 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Hillary strong? Yea, that's why she bailed after Benghazi so she could distance herself from the fall out instead of taking the arrows like a man (oops). But then again....she did hit her head or something, didn't she?

    There is absolutely ZERO - nothing admirable about Hillary Clinton.
    Apr 23 01:25 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Hillary and attractiveness.....well the issue is I am not sure I want to look at her smug mug for 4 years.
    Apr 23 11:32 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    You do understand that a "world reserve currency" requires a routine deficit...right?
    Apr 23 09:25 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Well Hillary does remind me of Rosalind. Never quite figured her out yet.....but she is, undoubtedly, one of the least attractive women in politics...after Janet Reno that is.
    Apr 23 09:21 AM | 9 Likes Like |Link to Comment
  • A Brief History Of Gold And Why It's Overvalued By A Factor Of 2 [View article]
    GIE - you mean "abstruse"?
    Apr 21 06:19 PM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Production cost can go down....

    Not when it is driven by energy, labor, and capital equipment. I can't imagine the miners in Africa giving up any wage gains they fought and died for in the last several years.

    Alternatively, the cost/ounce can go down IF someone finds an ore deposit with massively different (Higher) ore grades. Double the grade/ton and watch the cost go down.
    Apr 21 06:15 PM | 1 Like Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Velocity is a math function with a numerator and a denominator. Part of the reason for velocity reduction is massive expansion of numerator.
    Apr 21 06:12 PM | 1 Like Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Just a modifier to your comment.

    " No wage inflation, no systemic inflation"....so long as no disruption to supply channel.

    If you have hurricanes/tornados/ty... that crippled a couple refineries, pipelines, and oil rigs, you would find that there would be lots of "new" inflation - in everything that relies or supports transportation.

    The point is, price is a function of both demand and supply.
    Apr 21 06:08 PM | 2 Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Actually, as to the concept of using PM's in a dollar collapse scenario, consider this. We used to, and still do, have fractional reserve banking. In the past, the amount of gold/silver backing currency was certainly a fraction of currency in existence. If every person in the world/US/your state/your town/your neighborhood had 5% of their wealth in PM's, then in a "meltdown" it would be simple for that group of people (town, city, state, country) to transition to a PM monetary system.

    And, if some people have none or less than others....he, he, he....there's always the idea of becoming the neighborhood "banker", i.e. give me some collateral, and I'll lend you some PM's.
    Apr 21 05:58 PM | Likes Like |Link to Comment
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