Opinions on this economic forecast

[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?

[scaredyclassic]

i follow gold every day. I keep fully expecting a major pullback. I don’t buy on dips, I’ve been dollar cost averaging for years through automatic payments because I do not believe I have any power whatsoever to predict the future, except to predict erroneously. Still, that said, i was confident over the last couple months that gold had to retrace somewhat. Based on that confidence, I figured that my confidence was false and I had to be wrong, and there would be no retracement. But then I couldn’t figure out which was my gut instinct, my initial gut instinct or my subsequent analysis of my gut instinct and my secondary gut instinct. I then began a tertiary analysis of my combined first and second gut instincts. The tertiary analysis was found to be unfounded and dumb. It’s this kind of thinking that is the reason i don’t do anything but dollar cost average into CEF, SLW, GDX, DBA, and DBO. Because even if gold “collapses down to 600 or 700 or 800 an ounce, I’d still rather be there than in the dollar, particularly at that unknown point in the future where maybe there is some kind of crazed inflationary spiral upward. And in spite of all my meaningless mental contortion, and meaningless “following” of gold price and news, big picture, I know the trend is (probably) on the side of gold. As evidenced by India buying up a truckload of the barbarous relic.

[scaredyclassic]

i follow gold every day. I keep fully expecting a major pullback. I don’t buy on dips, I’ve been dollar cost averaging for years through automatic payments because I do not believe I have any power whatsoever to predict the future, except to predict erroneously. Still, that said, i was confident over the last couple months that gold had to retrace somewhat. Based on that confidence, I figured that my confidence was false and I had to be wrong, and there would be no retracement. But then I couldn’t figure out which was my gut instinct, my initial gut instinct or my subsequent analysis of my gut instinct and my secondary gut instinct. I then began a tertiary analysis of my combined first and second gut instincts. The tertiary analysis was found to be unfounded and dumb. It’s this kind of thinking that is the reason i don’t do anything but dollar cost average into CEF, SLW, GDX, DBA, and DBO. Because even if gold “collapses down to 600 or 700 or 800 an ounce, I’d still rather be there than in the dollar, particularly at that unknown point in the future where maybe there is some kind of crazed inflationary spiral upward. And in spite of all my meaningless mental contortion, and meaningless “following” of gold price and news, big picture, I know the trend is (probably) on the side of gold. As evidenced by India buying up a truckload of the barbarous relic.

[scaredyclassic]

i follow gold every day. I keep fully expecting a major pullback. I don’t buy on dips, I’ve been dollar cost averaging for years through automatic payments because I do not believe I have any power whatsoever to predict the future, except to predict erroneously. Still, that said, i was confident over the last couple months that gold had to retrace somewhat. Based on that confidence, I figured that my confidence was false and I had to be wrong, and there would be no retracement. But then I couldn’t figure out which was my gut instinct, my initial gut instinct or my subsequent analysis of my gut instinct and my secondary gut instinct. I then began a tertiary analysis of my combined first and second gut instincts. The tertiary analysis was found to be unfounded and dumb. It’s this kind of thinking that is the reason i don’t do anything but dollar cost average into CEF, SLW, GDX, DBA, and DBO. Because even if gold “collapses down to 600 or 700 or 800 an ounce, I’d still rather be there than in the dollar, particularly at that unknown point in the future where maybe there is some kind of crazed inflationary spiral upward. And in spite of all my meaningless mental contortion, and meaningless “following” of gold price and news, big picture, I know the trend is (probably) on the side of gold. As evidenced by India buying up a truckload of the barbarous relic.

[scaredyclassic]

i follow gold every day. I keep fully expecting a major pullback. I don’t buy on dips, I’ve been dollar cost averaging for years through automatic payments because I do not believe I have any power whatsoever to predict the future, except to predict erroneously. Still, that said, i was confident over the last couple months that gold had to retrace somewhat. Based on that confidence, I figured that my confidence was false and I had to be wrong, and there would be no retracement. But then I couldn’t figure out which was my gut instinct, my initial gut instinct or my subsequent analysis of my gut instinct and my secondary gut instinct. I then began a tertiary analysis of my combined first and second gut instincts. The tertiary analysis was found to be unfounded and dumb. It’s this kind of thinking that is the reason i don’t do anything but dollar cost average into CEF, SLW, GDX, DBA, and DBO. Because even if gold “collapses down to 600 or 700 or 800 an ounce, I’d still rather be there than in the dollar, particularly at that unknown point in the future where maybe there is some kind of crazed inflationary spiral upward. And in spite of all my meaningless mental contortion, and meaningless “following” of gold price and news, big picture, I know the trend is (probably) on the side of gold. As evidenced by India buying up a truckload of the barbarous relic.

[scaredyclassic]

i follow gold every day. I keep fully expecting a major pullback. I don’t buy on dips, I’ve been dollar cost averaging for years through automatic payments because I do not believe I have any power whatsoever to predict the future, except to predict erroneously. Still, that said, i was confident over the last couple months that gold had to retrace somewhat. Based on that confidence, I figured that my confidence was false and I had to be wrong, and there would be no retracement. But then I couldn’t figure out which was my gut instinct, my initial gut instinct or my subsequent analysis of my gut instinct and my secondary gut instinct. I then began a tertiary analysis of my combined first and second gut instincts. The tertiary analysis was found to be unfounded and dumb. It’s this kind of thinking that is the reason i don’t do anything but dollar cost average into CEF, SLW, GDX, DBA, and DBO. Because even if gold “collapses down to 600 or 700 or 800 an ounce, I’d still rather be there than in the dollar, particularly at that unknown point in the future where maybe there is some kind of crazed inflationary spiral upward. And in spite of all my meaningless mental contortion, and meaningless “following” of gold price and news, big picture, I know the trend is (probably) on the side of gold. As evidenced by India buying up a truckload of the barbarous relic.

[Nor-LA-SD-guy]

bullpucky,

Takes the current situation and extrapolates it into the absurd.

To Me Gold seems about fair valued here between 700 and 1000 USD an OZ so I think it will stay around this range for a good while.

But these are just my thoughts.

[Nor-LA-SD-guy]

bullpucky,

Takes the current situation and extrapolates it into the absurd.

To Me Gold seems about fair valued here between 700 and 1000 USD an OZ so I think it will stay around this range for a good while.

But these are just my thoughts.

[Nor-LA-SD-guy]

bullpucky,

Takes the current situation and extrapolates it into the absurd.

To Me Gold seems about fair valued here between 700 and 1000 USD an OZ so I think it will stay around this range for a good while.

But these are just my thoughts.

[Nor-LA-SD-guy]

bullpucky,

Takes the current situation and extrapolates it into the absurd.

To Me Gold seems about fair valued here between 700 and 1000 USD an OZ so I think it will stay around this range for a good while.

But these are just my thoughts.

[Nor-LA-SD-guy]

bullpucky,

Takes the current situation and extrapolates it into the absurd.

To Me Gold seems about fair valued here between 700 and 1000 USD an OZ so I think it will stay around this range for a good while.

But these are just my thoughts.

[scaredyclassic]

“fair valued” at a specific range kinda assumes the dollar is fair valued. id say nothing is “fair valued”. if you think that’s true, there could be a bit of rush for the exits to some kind of real money.

[scaredyclassic]

“fair valued” at a specific range kinda assumes the dollar is fair valued. id say nothing is “fair valued”. if you think that’s true, there could be a bit of rush for the exits to some kind of real money.

[scaredyclassic]

“fair valued” at a specific range kinda assumes the dollar is fair valued. id say nothing is “fair valued”. if you think that’s true, there could be a bit of rush for the exits to some kind of real money.

[scaredyclassic]

“fair valued” at a specific range kinda assumes the dollar is fair valued. id say nothing is “fair valued”. if you think that’s true, there could be a bit of rush for the exits to some kind of real money.

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