nobody Posted May 9, 2004 Report Share Posted May 9, 2004 So the FED must mail out emergency implosion prevention checks to everyone then hopefully there will be enough morons to sign on the dotted line again... If the stool hits the fan, the FED won't be looking for morons to sign on the dotted line. BANK ON IT!! Link to comment Share on other sites More sharing options...
Hypertiger Posted May 9, 2004 Report Share Posted May 9, 2004 The flaw in Hypertiger's brontosaurus theory,the "money" has no value,furthermore,it(and it's masters) can do anything it wants to do because of that FACTOID, Physical Gold Advocates fear not. Gold historically has done ITS BEST during a deflation! Yes deflation. When all other assets were spiraling down in value because defaults soared and collateral sales pressured the prices of all hard assets, gold alone increased its value. It has no liabilities (no one to default) and is portable to destinations without domestic deflation. See Professor Roy Jastram?s The Golden Constant (Wiley & Sons, 1978) for a 416 year history of gold under four major deflationary periods of the past. If you are a bit lazy or pressed for time, simply recall that gold in the 1930?s went from $20 to $35 during that deflationary depression. One caveat: All four were under some form of the gold standard. =============== OK, now you say: """"One caveat: All four were under some form of the gold standard."""" Boy Traveler, that's some caveat! (smile) Four hundred and sixteen years of history examples can be toppled by one little caveat. Truly, that little point is exactly "the point" for today's time! Our modern dollar world has created a fiat debt structure money system of biblical proportions. Nothing like it has ever been produced in the annals of time. We got to this point because our money was gold in the beginning. Then we allowed our confidence in gold as wealth to grow into the abilities of mankind to continue such a money system without gold. The result is a massive debt against every thing except gold! Every asset that exists in the USA is fully covered by such debt several times over. Either directly or indirectly through various official government debts. There is simply no historic example in the history of mankind that shows where everyone surrendered their assets to satisfy such debt. Yet, this is the process you Hypertiger, fully well expects from a deflation. A deflation by the way, that no gold standard today says must happen? Truly, had the dollar advocates allowed it to be devalued against gold long ago we would all know where we stand. Free trading Physical gold would have slowly risen in dollar prices in an ongoing process that would have taken gold prices into the heavens. But, it didn't happen and an imploding debt structure (caused by pushing on a string of consumer credit demand) will be "QUICKLY" countered with debt instrument purchases from the official level. The old 1980 monetary control act is already in place and allows our fed to buy everything down to your shoe laces in order to stop any debt defaults. FOA,hiking on the gold trail at USAGOLD. ************************************************************** Silly rabbits,quit trying to make sense of this thing,it's a social experiment,it's not grounded in any kind of monetary reality.That game is passe',only unsophisticates and barbarous relics still play it. Interest and compound interest attached to the medium of exchange will concentrate the medium of exchange into the hands of the few from the many... All you have to do to subvert a gold system is to set interest rates higher then new gold production (mining) Then all the royal subjects must survive on the trickle down from the castle and loans from the King which interest and taxes suck back to the castle, eventually all the property and other assets used as collateral also get sucked up...the only way then to keep the game going is to fractionally reserve the gold and issue paper...until of course you use up all the natural resources to support the debt slaves near exponential population growth or the debt slaves borrow all they can borrow and the system implodes... Then you call out the death squads to liquidate the depleted debt slaves...or convert them into soldiers and march into another area and conquer it... Hows Iraq going? For your information the great depression bankrupted the US...every US citizen is renting...Including Bill Gates... the FED already owns everything...and now you are saying it will buy back everything it already owns? It will prop it's friends while they rape and pillage... And It is not an experiment...They tried this in Rome also... Link to comment Share on other sites More sharing options...
Calculus Posted May 9, 2004 Report Share Posted May 9, 2004 So is it finally time to buy some of those Christmas out-the-money puts on the indexes? I've been waiting well over a year to do this trade, ever since I lost a fortune doing it last time Link to comment Share on other sites More sharing options...
mjkst27 Posted May 9, 2004 Report Share Posted May 9, 2004 Supermodel tracking stock went up on Friday on huge volume. (Can't see the 30+ million shares traded on Fri. unless you click on the chart.) Watch it carefully. Money Flow Index and stochastics finally turning back up. During the 2002 bear market, the huge bounces were always tipped off by relative strength in the Soap Actress Screamers a day or two before the bounce. as a counterpoint, only MXIM shows any noteworthy recent increase in volume among the SOX components. The SMH volume increase could just as easily be a fresh supply of dumb money who will be selling on the next weakness, IMO. Link to comment Share on other sites More sharing options...
nobody Posted May 9, 2004 Report Share Posted May 9, 2004 the FED already owns everything...and now you are saying it will buy back everything it already owns? It will prop it's friends while they rape and pillage... Hows Iraq going? When the ruling elite beome too much of an annoyance, it's off with their heads. Are the majority a slave to the elite, or are the elite a slave to the majority? How's Saddam doing? Lots of good questions, too few good answers. Link to comment Share on other sites More sharing options...
Goldmember Posted May 9, 2004 Report Share Posted May 9, 2004 Link to comment Share on other sites More sharing options...
Goldmember Posted May 9, 2004 Report Share Posted May 9, 2004 I'm bullish on the AAA Countrywide home equity extraction Chevron credit card refi derivative play....Wall Struck's next paper sale. ...also bullish on Walmart for the pay as you go version: analcysts will report brisk sales! Link to comment Share on other sites More sharing options...
Bizarro-Greenspan Posted May 9, 2004 Report Share Posted May 9, 2004 Hypertiger,it's hyperinflation,too many dollars held offshore,as well,the elite don't elect politicians all by themselves. It IS a social experiment,noone knows how or what a worldwide hyperinflation will morph into,and if the bankers will escape with their fortunes intact,or even with their lives. I'll tell you one thing though,WTSHTF,you want the majority sharing your "plan of extraction",the majority are debtors in the USA.Do you really think they are prepared to sit still and take it while all they worked for is repo'ed or they're shackled by banker dictated debt work-out austerity programs ? To make the Merkin Masses pay back more expensive dollars than they've already spent is a recipe for mayhem onna humungous scale. :shocked Link to comment Share on other sites More sharing options...
Jimi Posted May 9, 2004 Report Share Posted May 9, 2004 So is it finally time to buy some of those Christmas out-the-money puts on the indexes? I've been waiting well over a year to do this trade, ever since I lost a fortune doing it last time You & me both, calculus. Link to comment Share on other sites More sharing options...
Soros Posted May 9, 2004 Report Share Posted May 9, 2004 http://media.globalpublicmedia.com/RAM/200....2004-04-27.ram http://www.globalpublicmedia.com/ Is Saudi Arabia Still the King of Oil? http://www.globalpublicmedia.com/ARTICLES/....2004-04-29.php Oil export revenues make up more than 90 percent of total Saudi export earnings, about 80 percent of state revenues, and around 40 percent of the country's GDP. With world oil discovery having peaked in the 1960s, it has been nearly a quarter century since we found more oil than we used. Forty years after US oil discovery peaked in 1930, its production peaked. http://www.imf.org/external/country/SAU/index.htm Link to comment Share on other sites More sharing options...
Hypertiger Posted May 9, 2004 Report Share Posted May 9, 2004 the FED already owns everything...and now you are saying it will buy back everything it already owns? It will prop it's friends while they rape and pillage... Hows Iraq going? When the ruling elite beome too much of an annoyance, it's off with their heads. Are the majority a slave to the elite, or are the elite a slave to the majority? How's Saddam doing? Lots of good questions, too few good answers. 200 Billion to remove 1 man? who cares...nobody... Link to comment Share on other sites More sharing options...
No Einstein Posted May 9, 2004 Report Share Posted May 9, 2004 ................. Maybe Americans need to reacquint themselves with good old Ayn Rand. I don't think many ever got acquainted to begin with Link to comment Share on other sites More sharing options...
Pee Brain Posted May 10, 2004 Report Share Posted May 10, 2004 There is simply no historic example in the history of mankind that shows where everyone surrendered their assets to satisfy such debt. Yet, this is the process you Hypertiger, fully well expects from a deflation. A deflation by the way, that no gold standard today says must happen? The majority of savers want their principal plus interest returned to them, and the majority of debtors want the cash to repay their debts. In a democracy, the majority get what they want. The problem is, this time they may also get what they deserve. id actually argue that debtors want to re-pay debt with "inflated" (devalued) money. the US goobermint is of course, the largest debtor . thats why deflation just thumps debtors. they are forced to repay debt with more valuable currency (in terms of purchasing power). so if this is true, what happens to asset prices (real estate comes to mind immediately) are generally influenced positively by leverage? you get the double whammy of debt repudiation and lower prices. its interesting to look at the market internals, which have already been crashing. many stocks off huge from recent/fairly recent 52-week highs. NDN is a great company, but its like 1/2 its recent high near $35. if we do crater, this is one ill be buying to hold. Link to comment Share on other sites More sharing options...
nobody Posted May 10, 2004 Report Share Posted May 10, 2004 the FED already owns everything...and now you are saying it will buy back everything it already owns? It will prop it's friends while they rape and pillage... Hows Iraq going? When the ruling elite beome too much of an annoyance, it's off with their heads. Are the majority a slave to the elite, or are the elite a slave to the majority? How's Saddam doing? Lots of good questions, too few good answers. 200 Billion to remove 1 man? who cares...nobody... Is that a sense of humour I'm detecting? Link to comment Share on other sites More sharing options...
nobody Posted May 10, 2004 Report Share Posted May 10, 2004 There is simply no historic example in the history of mankind that shows where everyone surrendered their assets to satisfy such debt. Yet, this is the process you Hypertiger, fully well expects from a deflation. A deflation by the way, that no gold standard today says must happen? The majority of savers want their principal plus interest returned to them, and the majority of debtors want the cash to repay their debts. In a democracy, the majority get what they want. The problem is, this time they may also get what they deserve. id actually argue that debtors want to re-pay debt with "inflated" (devalued) money. the US goobermint is of course, the largest debtor . That was my point also. My feeble attempt to be mystic, did not allow me to hone a fine enough point. Link to comment Share on other sites More sharing options...
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