Home › Forums › Financial Markets/Economics › So what the hell do we do?!
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June 3, 2009 at 10:15 PM #410873June 3, 2009 at 11:24 PM #410203luxuryglowParticipant
[quote=Chris Scoreboard Johnston]We are about to begin another big leg down in most markets, when that happens the hyperinflation scare that the gold sellers are trying to create will take a back seat to deflation again for awhile. You will have time to make this decision. The government is trying very hard to hold things up and who could blame them. However, eventually when large fund liquidations begin, this wave will get going on the downside and even the PPT won’t be able to stop it. I am not sure if Gold will come way down or not, but at the very best it will go sideways.
I did hear on the radio today that two consecutive closes in Gold over 981 will result in an immediate move to 1200 by Joe Batalia. So I guess you could go to Gold Line and pay 1275 for Gold there with the 30% premium over spot for commissions and handling etc.. That way if it holds during the down cycle you will have only lost 30%, sounds like a good investment to me.[/quote]
And if gold goes up???
June 3, 2009 at 11:24 PM #410440luxuryglowParticipant[quote=Chris Scoreboard Johnston]We are about to begin another big leg down in most markets, when that happens the hyperinflation scare that the gold sellers are trying to create will take a back seat to deflation again for awhile. You will have time to make this decision. The government is trying very hard to hold things up and who could blame them. However, eventually when large fund liquidations begin, this wave will get going on the downside and even the PPT won’t be able to stop it. I am not sure if Gold will come way down or not, but at the very best it will go sideways.
I did hear on the radio today that two consecutive closes in Gold over 981 will result in an immediate move to 1200 by Joe Batalia. So I guess you could go to Gold Line and pay 1275 for Gold there with the 30% premium over spot for commissions and handling etc.. That way if it holds during the down cycle you will have only lost 30%, sounds like a good investment to me.[/quote]
And if gold goes up???
June 3, 2009 at 11:24 PM #410690luxuryglowParticipant[quote=Chris Scoreboard Johnston]We are about to begin another big leg down in most markets, when that happens the hyperinflation scare that the gold sellers are trying to create will take a back seat to deflation again for awhile. You will have time to make this decision. The government is trying very hard to hold things up and who could blame them. However, eventually when large fund liquidations begin, this wave will get going on the downside and even the PPT won’t be able to stop it. I am not sure if Gold will come way down or not, but at the very best it will go sideways.
I did hear on the radio today that two consecutive closes in Gold over 981 will result in an immediate move to 1200 by Joe Batalia. So I guess you could go to Gold Line and pay 1275 for Gold there with the 30% premium over spot for commissions and handling etc.. That way if it holds during the down cycle you will have only lost 30%, sounds like a good investment to me.[/quote]
And if gold goes up???
June 3, 2009 at 11:24 PM #410755luxuryglowParticipant[quote=Chris Scoreboard Johnston]We are about to begin another big leg down in most markets, when that happens the hyperinflation scare that the gold sellers are trying to create will take a back seat to deflation again for awhile. You will have time to make this decision. The government is trying very hard to hold things up and who could blame them. However, eventually when large fund liquidations begin, this wave will get going on the downside and even the PPT won’t be able to stop it. I am not sure if Gold will come way down or not, but at the very best it will go sideways.
I did hear on the radio today that two consecutive closes in Gold over 981 will result in an immediate move to 1200 by Joe Batalia. So I guess you could go to Gold Line and pay 1275 for Gold there with the 30% premium over spot for commissions and handling etc.. That way if it holds during the down cycle you will have only lost 30%, sounds like a good investment to me.[/quote]
And if gold goes up???
June 3, 2009 at 11:24 PM #410908luxuryglowParticipant[quote=Chris Scoreboard Johnston]We are about to begin another big leg down in most markets, when that happens the hyperinflation scare that the gold sellers are trying to create will take a back seat to deflation again for awhile. You will have time to make this decision. The government is trying very hard to hold things up and who could blame them. However, eventually when large fund liquidations begin, this wave will get going on the downside and even the PPT won’t be able to stop it. I am not sure if Gold will come way down or not, but at the very best it will go sideways.
I did hear on the radio today that two consecutive closes in Gold over 981 will result in an immediate move to 1200 by Joe Batalia. So I guess you could go to Gold Line and pay 1275 for Gold there with the 30% premium over spot for commissions and handling etc.. That way if it holds during the down cycle you will have only lost 30%, sounds like a good investment to me.[/quote]
And if gold goes up???
June 4, 2009 at 12:34 AM #410242temeculaguyParticipant[quote=nostradamus]Laugh and/or get drunk.[/quote]
If i may add to nostra’s sage advice, watch more sports and porn as well. Bailouts, inflation/deflation, economic collapse, all of these things can be countered with the correct blend of sports, alcohol and porn. The combination of the NBA finals starting tomorrow, the popularity of bubble butts in porn and the absolute bargains to be had in costco’s wine section can certainly take the edge off your fears and make the price of gold irrelevent.
June 4, 2009 at 12:34 AM #410481temeculaguyParticipant[quote=nostradamus]Laugh and/or get drunk.[/quote]
If i may add to nostra’s sage advice, watch more sports and porn as well. Bailouts, inflation/deflation, economic collapse, all of these things can be countered with the correct blend of sports, alcohol and porn. The combination of the NBA finals starting tomorrow, the popularity of bubble butts in porn and the absolute bargains to be had in costco’s wine section can certainly take the edge off your fears and make the price of gold irrelevent.
June 4, 2009 at 12:34 AM #410731temeculaguyParticipant[quote=nostradamus]Laugh and/or get drunk.[/quote]
If i may add to nostra’s sage advice, watch more sports and porn as well. Bailouts, inflation/deflation, economic collapse, all of these things can be countered with the correct blend of sports, alcohol and porn. The combination of the NBA finals starting tomorrow, the popularity of bubble butts in porn and the absolute bargains to be had in costco’s wine section can certainly take the edge off your fears and make the price of gold irrelevent.
June 4, 2009 at 12:34 AM #410795temeculaguyParticipant[quote=nostradamus]Laugh and/or get drunk.[/quote]
If i may add to nostra’s sage advice, watch more sports and porn as well. Bailouts, inflation/deflation, economic collapse, all of these things can be countered with the correct blend of sports, alcohol and porn. The combination of the NBA finals starting tomorrow, the popularity of bubble butts in porn and the absolute bargains to be had in costco’s wine section can certainly take the edge off your fears and make the price of gold irrelevent.
June 4, 2009 at 12:34 AM #410948temeculaguyParticipant[quote=nostradamus]Laugh and/or get drunk.[/quote]
If i may add to nostra’s sage advice, watch more sports and porn as well. Bailouts, inflation/deflation, economic collapse, all of these things can be countered with the correct blend of sports, alcohol and porn. The combination of the NBA finals starting tomorrow, the popularity of bubble butts in porn and the absolute bargains to be had in costco’s wine section can certainly take the edge off your fears and make the price of gold irrelevent.
June 4, 2009 at 4:22 AM #4102734plexownerParticipant“the world is still awash in excess savings”
this is Keynesian bullshit
the reality is that Keynesian economics is a fundamentally flawed idea so the Keynesians have to come up with new theories every once-in-a-while to explain why their Keynesian policies aren’t producing the expected effects in the economy
‘excess savings’ is just the latest of those theories
~
if we are lucky Keynesian economics will be completely discredited in the coming decade
June 4, 2009 at 4:22 AM #4105124plexownerParticipant“the world is still awash in excess savings”
this is Keynesian bullshit
the reality is that Keynesian economics is a fundamentally flawed idea so the Keynesians have to come up with new theories every once-in-a-while to explain why their Keynesian policies aren’t producing the expected effects in the economy
‘excess savings’ is just the latest of those theories
~
if we are lucky Keynesian economics will be completely discredited in the coming decade
June 4, 2009 at 4:22 AM #4107614plexownerParticipant“the world is still awash in excess savings”
this is Keynesian bullshit
the reality is that Keynesian economics is a fundamentally flawed idea so the Keynesians have to come up with new theories every once-in-a-while to explain why their Keynesian policies aren’t producing the expected effects in the economy
‘excess savings’ is just the latest of those theories
~
if we are lucky Keynesian economics will be completely discredited in the coming decade
June 4, 2009 at 4:22 AM #4108254plexownerParticipant“the world is still awash in excess savings”
this is Keynesian bullshit
the reality is that Keynesian economics is a fundamentally flawed idea so the Keynesians have to come up with new theories every once-in-a-while to explain why their Keynesian policies aren’t producing the expected effects in the economy
‘excess savings’ is just the latest of those theories
~
if we are lucky Keynesian economics will be completely discredited in the coming decade
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