Opinions on this economic forecast

[kev374]

http://theautomaticearth.blogspot.com/2009/10/october-30-2009-interview-with.html

What is your opinion on the above piece… makes sense or pure hogwash?

[scaredyclassic]

makes sense, although, it’s very hard to tell how these issues play out. i am suspicious of anything too authoritative. when thinking on trends, ya gotta keep in mind that there a lot of people thinking the same way on trends, and people make money betting against trends. So his pessimistic thoughts on gold and optimism on the dollar as a safe haven seems kinda like middle-of-the-road thinking to me. but then again, i don’t know. i could be way wrong. I see gold as becoming a safe haven in the maelstrom as governments try to sort through the wreckage.

[scaredyclassic]

makes sense, although, it’s very hard to tell how these issues play out. i am suspicious of anything too authoritative. when thinking on trends, ya gotta keep in mind that there a lot of people thinking the same way on trends, and people make money betting against trends. So his pessimistic thoughts on gold and optimism on the dollar as a safe haven seems kinda like middle-of-the-road thinking to me. but then again, i don’t know. i could be way wrong. I see gold as becoming a safe haven in the maelstrom as governments try to sort through the wreckage.

[scaredyclassic]

makes sense, although, it’s very hard to tell how these issues play out. i am suspicious of anything too authoritative. when thinking on trends, ya gotta keep in mind that there a lot of people thinking the same way on trends, and people make money betting against trends. So his pessimistic thoughts on gold and optimism on the dollar as a safe haven seems kinda like middle-of-the-road thinking to me. but then again, i don’t know. i could be way wrong. I see gold as becoming a safe haven in the maelstrom as governments try to sort through the wreckage.

[scaredyclassic]

makes sense, although, it’s very hard to tell how these issues play out. i am suspicious of anything too authoritative. when thinking on trends, ya gotta keep in mind that there a lot of people thinking the same way on trends, and people make money betting against trends. So his pessimistic thoughts on gold and optimism on the dollar as a safe haven seems kinda like middle-of-the-road thinking to me. but then again, i don’t know. i could be way wrong. I see gold as becoming a safe haven in the maelstrom as governments try to sort through the wreckage.

[scaredyclassic]

makes sense, although, it’s very hard to tell how these issues play out. i am suspicious of anything too authoritative. when thinking on trends, ya gotta keep in mind that there a lot of people thinking the same way on trends, and people make money betting against trends. So his pessimistic thoughts on gold and optimism on the dollar as a safe haven seems kinda like middle-of-the-road thinking to me. but then again, i don’t know. i could be way wrong. I see gold as becoming a safe haven in the maelstrom as governments try to sort through the wreckage.

[CA renter]

My crystal ball is as foggy as its ever been, but think they (at TAE) might be right.

I might have made a very foolish mistake, but have gotten out of most of my foreign currencies/sovereign bonds this past week. Will probably sell the rest within the next week or two. Not that I think the dollar has long-term fundamental strength, but because everyone is short the dollar right now, and the “anti-dollar” run-up (in stocks, commodities, real estate, etc.) looks like it might be coming to an end for now.

[CA renter]

My crystal ball is as foggy as its ever been, but think they (at TAE) might be right.

I might have made a very foolish mistake, but have gotten out of most of my foreign currencies/sovereign bonds this past week. Will probably sell the rest within the next week or two. Not that I think the dollar has long-term fundamental strength, but because everyone is short the dollar right now, and the “anti-dollar” run-up (in stocks, commodities, real estate, etc.) looks like it might be coming to an end for now.

[CA renter]

My crystal ball is as foggy as its ever been, but think they (at TAE) might be right.

I might have made a very foolish mistake, but have gotten out of most of my foreign currencies/sovereign bonds this past week. Will probably sell the rest within the next week or two. Not that I think the dollar has long-term fundamental strength, but because everyone is short the dollar right now, and the “anti-dollar” run-up (in stocks, commodities, real estate, etc.) looks like it might be coming to an end for now.

[CA renter]

My crystal ball is as foggy as its ever been, but think they (at TAE) might be right.

I might have made a very foolish mistake, but have gotten out of most of my foreign currencies/sovereign bonds this past week. Will probably sell the rest within the next week or two. Not that I think the dollar has long-term fundamental strength, but because everyone is short the dollar right now, and the “anti-dollar” run-up (in stocks, commodities, real estate, etc.) looks like it might be coming to an end for now.

[CA renter]

My crystal ball is as foggy as its ever been, but think they (at TAE) might be right.

I might have made a very foolish mistake, but have gotten out of most of my foreign currencies/sovereign bonds this past week. Will probably sell the rest within the next week or two. Not that I think the dollar has long-term fundamental strength, but because everyone is short the dollar right now, and the “anti-dollar” run-up (in stocks, commodities, real estate, etc.) looks like it might be coming to an end for now.

[Arraya]

Stoneleigh, is one of the best and brightest. I’ve been following her writing for three years and she by far one of the most astute analysts out there, and I read a lot.

With that said, I think there is a greater risk for a “systemic” reconfiguration than she does.

Here predictions could come to pass unless the global financial community decides to change the way the global financial system works. Not that it would be better, just different.

Money, banking and credit has changed very, very little over the past several decades and the outcome of an epochal credit collapse should not be that much different.

The way things add up now, it’s strong deflation leading to hypeinflation as the US will not be about to pay it’s debt or entitlements.

IMO, It’s the Debtocalpse.

Scaredy-You watching gold?

[Arraya]

Stoneleigh, is one of the best and brightest. I’ve been following her writing for three years and she by far one of the most astute analysts out there, and I read a lot.

With that said, I think there is a greater risk for a “systemic” reconfiguration than she does.

Here predictions could come to pass unless the global financial community decides to change the way the global financial system works. Not that it would be better, just different.

Money, banking and credit has changed very, very little over the past several decades and the outcome of an epochal credit collapse should not be that much different.

The way things add up now, it’s strong deflation leading to hypeinflation as the US will not be about to pay it’s debt or entitlements.

IMO, It’s the Debtocalpse.

Scaredy-You watching gold?

[Arraya]

Stoneleigh, is one of the best and brightest. I’ve been following her writing for three years and she by far one of the most astute analysts out there, and I read a lot.

With that said, I think there is a greater risk for a “systemic” reconfiguration than she does.

Here predictions could come to pass unless the global financial community decides to change the way the global financial system works. Not that it would be better, just different.

Money, banking and credit has changed very, very little over the past several decades and the outcome of an epochal credit collapse should not be that much different.

The way things add up now, it’s strong deflation leading to hypeinflation as the US will not be about to pay it’s debt or entitlements.

IMO, It’s the Debtocalpse.

Scaredy-You watching gold?

[Arraya]

Stoneleigh, is one of the best and brightest. I’ve been following her writing for three years and she by far one of the most astute analysts out there, and I read a lot.

With that said, I think there is a greater risk for a “systemic” reconfiguration than she does.

Here predictions could come to pass unless the global financial community decides to change the way the global financial system works. Not that it would be better, just different.

Money, banking and credit has changed very, very little over the past several decades and the outcome of an epochal credit collapse should not be that much different.

The way things add up now, it’s strong deflation leading to hypeinflation as the US will not be about to pay it’s debt or entitlements.

IMO, It’s the Debtocalpse.

Scaredy-You watching gold?

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