What am I missing? Is that a train coming at me or am I Chicken Little?

[drunkle]

your concerns regarding gold/oil/wheat are similar to mine. as well, there’s speculation that the recent price drops of 10%+ are the result of hedge funds and institutional investors liquidating due to margin calls and capital requirements.

short treasury yields are practically zero indicating a “flight to quality”. assuming that the smart money is driving the yields down and j6p is clueless, i’d probably join the smart money and hide in short treasuries.

btw, metals, foreign currencies, etc are not exactly “low risk”. historical price of gold vs today, for instance, and currency backlash such as what just happened when the fed cut .75 instead of the expected 1.0.

edit:

also, jim cramer has been selling gold and oil lately whereas, 6 months ago, he was calling gold bugs “kooks”. what does that tell you? tells me its time to get out of gold/oil…

[nostradamus]

echo5 is no j6p. A monster train is coming and the securitization of subprime debt is driving it. In the engine car we have the fed, feeding the furnace with bushels of dollars at an ever-increasing speed that somehow never seems to keep pace with the train. In the caboose we find Joe 6-pack, discussing (during commercial breaks from Hee-Haw, American Idol, and Lost) what Obama’s pastor said or what Hillary’s husband did or where McCain was born or what Britney is up to these days.

Why not precious metals? Because they may be just as bubbly. What if someone, somewhere, discovers the mother-of-all-mother-lodes gold vein? What makes these metals “precious”? Just their rarity? I know gold is used in some semiconductors but silicon is much cheaper and precious IMO.

Anyhow, for some comfort you can look at past recessions to see how those panned out. There are some similarities to what’s going on now, but still we are in a never-before-seen situation here and nobody knows what will happen.

Worldwide Recession, 1980’s

Japan’s 2000’s recession

[nostradamus]

echo5 is no j6p. A monster train is coming and the securitization of subprime debt is driving it. In the engine car we have the fed, feeding the furnace with bushels of dollars at an ever-increasing speed that somehow never seems to keep pace with the train. In the caboose we find Joe 6-pack, discussing (during commercial breaks from Hee-Haw, American Idol, and Lost) what Obama’s pastor said or what Hillary’s husband did or where McCain was born or what Britney is up to these days.

Why not precious metals? Because they may be just as bubbly. What if someone, somewhere, discovers the mother-of-all-mother-lodes gold vein? What makes these metals “precious”? Just their rarity? I know gold is used in some semiconductors but silicon is much cheaper and precious IMO.

Anyhow, for some comfort you can look at past recessions to see how those panned out. There are some similarities to what’s going on now, but still we are in a never-before-seen situation here and nobody knows what will happen.

Worldwide Recession, 1980’s

Japan’s 2000’s recession

[nostradamus]

echo5 is no j6p. A monster train is coming and the securitization of subprime debt is driving it. In the engine car we have the fed, feeding the furnace with bushels of dollars at an ever-increasing speed that somehow never seems to keep pace with the train. In the caboose we find Joe 6-pack, discussing (during commercial breaks from Hee-Haw, American Idol, and Lost) what Obama’s pastor said or what Hillary’s husband did or where McCain was born or what Britney is up to these days.

Why not precious metals? Because they may be just as bubbly. What if someone, somewhere, discovers the mother-of-all-mother-lodes gold vein? What makes these metals “precious”? Just their rarity? I know gold is used in some semiconductors but silicon is much cheaper and precious IMO.

Anyhow, for some comfort you can look at past recessions to see how those panned out. There are some similarities to what’s going on now, but still we are in a never-before-seen situation here and nobody knows what will happen.

Worldwide Recession, 1980’s

Japan’s 2000’s recession

[nostradamus]

echo5 is no j6p. A monster train is coming and the securitization of subprime debt is driving it. In the engine car we have the fed, feeding the furnace with bushels of dollars at an ever-increasing speed that somehow never seems to keep pace with the train. In the caboose we find Joe 6-pack, discussing (during commercial breaks from Hee-Haw, American Idol, and Lost) what Obama’s pastor said or what Hillary’s husband did or where McCain was born or what Britney is up to these days.

Why not precious metals? Because they may be just as bubbly. What if someone, somewhere, discovers the mother-of-all-mother-lodes gold vein? What makes these metals “precious”? Just their rarity? I know gold is used in some semiconductors but silicon is much cheaper and precious IMO.

Anyhow, for some comfort you can look at past recessions to see how those panned out. There are some similarities to what’s going on now, but still we are in a never-before-seen situation here and nobody knows what will happen.

Worldwide Recession, 1980’s

Japan’s 2000’s recession

[nostradamus]

echo5 is no j6p. A monster train is coming and the securitization of subprime debt is driving it. In the engine car we have the fed, feeding the furnace with bushels of dollars at an ever-increasing speed that somehow never seems to keep pace with the train. In the caboose we find Joe 6-pack, discussing (during commercial breaks from Hee-Haw, American Idol, and Lost) what Obama’s pastor said or what Hillary’s husband did or where McCain was born or what Britney is up to these days.

Why not precious metals? Because they may be just as bubbly. What if someone, somewhere, discovers the mother-of-all-mother-lodes gold vein? What makes these metals “precious”? Just their rarity? I know gold is used in some semiconductors but silicon is much cheaper and precious IMO.

Anyhow, for some comfort you can look at past recessions to see how those panned out. There are some similarities to what’s going on now, but still we are in a never-before-seen situation here and nobody knows what will happen.

Worldwide Recession, 1980’s

Japan’s 2000’s recession

[echo5juliet]

As a funny stroke of fate, your reply title reads “Echo5 is no j6p. A monster”. I love it, I’m starting to sound like a Bond supervillain.

I have to believe there is a safe harbor somewhere. Gates and Buffet have supposedly, by some reports, bought big into silver. Fiat currencies, thanks to globalization, will do the domino effect if the dollar really augers.

There is no true zero risk position. Metals held tangibly would seem to be the most secure.

Ultimately I could just invest in ammunition but that sounds too “Mad Max-ian” for me to swallow thus far.

Are there other options if I want to protect what little nestegg I have amassed (~$100K)? Zero growth is fine, my gut tells me to prepare for massive devaluation. In that case value protection becomes a growth position. Suggestions?

All things are relative. Positive growth can be increase of value or hovering in place while the floor drops out and sending everyone falling.

[echo5juliet]

As a funny stroke of fate, your reply title reads “Echo5 is no j6p. A monster”. I love it, I’m starting to sound like a Bond supervillain.

I have to believe there is a safe harbor somewhere. Gates and Buffet have supposedly, by some reports, bought big into silver. Fiat currencies, thanks to globalization, will do the domino effect if the dollar really augers.

There is no true zero risk position. Metals held tangibly would seem to be the most secure.

Ultimately I could just invest in ammunition but that sounds too “Mad Max-ian” for me to swallow thus far.

Are there other options if I want to protect what little nestegg I have amassed (~$100K)? Zero growth is fine, my gut tells me to prepare for massive devaluation. In that case value protection becomes a growth position. Suggestions?

All things are relative. Positive growth can be increase of value or hovering in place while the floor drops out and sending everyone falling.

[echo5juliet]

As a funny stroke of fate, your reply title reads “Echo5 is no j6p. A monster”. I love it, I’m starting to sound like a Bond supervillain.

I have to believe there is a safe harbor somewhere. Gates and Buffet have supposedly, by some reports, bought big into silver. Fiat currencies, thanks to globalization, will do the domino effect if the dollar really augers.

There is no true zero risk position. Metals held tangibly would seem to be the most secure.

Ultimately I could just invest in ammunition but that sounds too “Mad Max-ian” for me to swallow thus far.

Are there other options if I want to protect what little nestegg I have amassed (~$100K)? Zero growth is fine, my gut tells me to prepare for massive devaluation. In that case value protection becomes a growth position. Suggestions?

All things are relative. Positive growth can be increase of value or hovering in place while the floor drops out and sending everyone falling.

[echo5juliet]

As a funny stroke of fate, your reply title reads “Echo5 is no j6p. A monster”. I love it, I’m starting to sound like a Bond supervillain.

I have to believe there is a safe harbor somewhere. Gates and Buffet have supposedly, by some reports, bought big into silver. Fiat currencies, thanks to globalization, will do the domino effect if the dollar really augers.

There is no true zero risk position. Metals held tangibly would seem to be the most secure.

Ultimately I could just invest in ammunition but that sounds too “Mad Max-ian” for me to swallow thus far.

Are there other options if I want to protect what little nestegg I have amassed (~$100K)? Zero growth is fine, my gut tells me to prepare for massive devaluation. In that case value protection becomes a growth position. Suggestions?

All things are relative. Positive growth can be increase of value or hovering in place while the floor drops out and sending everyone falling.

[echo5juliet]

As a funny stroke of fate, your reply title reads “Echo5 is no j6p. A monster”. I love it, I’m starting to sound like a Bond supervillain.

I have to believe there is a safe harbor somewhere. Gates and Buffet have supposedly, by some reports, bought big into silver. Fiat currencies, thanks to globalization, will do the domino effect if the dollar really augers.

There is no true zero risk position. Metals held tangibly would seem to be the most secure.

Ultimately I could just invest in ammunition but that sounds too “Mad Max-ian” for me to swallow thus far.

Are there other options if I want to protect what little nestegg I have amassed (~$100K)? Zero growth is fine, my gut tells me to prepare for massive devaluation. In that case value protection becomes a growth position. Suggestions?

All things are relative. Positive growth can be increase of value or hovering in place while the floor drops out and sending everyone falling.

[kewp]

…there’s speculation that the recent price drops of 10%+ are the result of hedge funds and institutional investors liquidating due to margin calls and capital requirements.

I’m almost certain thats it. Great buying opportunity if you aren’t in yet.

[kewp]

…there’s speculation that the recent price drops of 10%+ are the result of hedge funds and institutional investors liquidating due to margin calls and capital requirements.

I’m almost certain thats it. Great buying opportunity if you aren’t in yet.

[kewp]

…there’s speculation that the recent price drops of 10%+ are the result of hedge funds and institutional investors liquidating due to margin calls and capital requirements.

I’m almost certain thats it. Great buying opportunity if you aren’t in yet.

[kewp]

…there’s speculation that the recent price drops of 10%+ are the result of hedge funds and institutional investors liquidating due to margin calls and capital requirements.

I’m almost certain thats it. Great buying opportunity if you aren’t in yet.

[Author]

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