[4plexowner]

spot gold is $952 – June 2009 gold contract is $956

I’m looking at GLD and GC charts today – pretty easy to see them running to the $1200 level once $1000 is broken – will the fourth test of $1000 do the trick?

analysts that I read are placing targets of $1100-1650 for gold this spring – the most bullish is suggesting $1650 for gold and, get this, $28-32 for silver

this is not financial advise

there are lots of way to play gold – first question is always, “am I investing or speculating?” – personally, I am thinking speculation on a spring rally in gold – perhaps call options on the futures with expiration in the fall – perhaps some GLD, SLV and CEF shares

unfortunately, the basis for a spring rally in the precious metals is the continuing decline of America’s economy and future prospects

[4plexowner]

spot gold is $952 – June 2009 gold contract is $956

I’m looking at GLD and GC charts today – pretty easy to see them running to the $1200 level once $1000 is broken – will the fourth test of $1000 do the trick?

analysts that I read are placing targets of $1100-1650 for gold this spring – the most bullish is suggesting $1650 for gold and, get this, $28-32 for silver

this is not financial advise

there are lots of way to play gold – first question is always, “am I investing or speculating?” – personally, I am thinking speculation on a spring rally in gold – perhaps call options on the futures with expiration in the fall – perhaps some GLD, SLV and CEF shares

unfortunately, the basis for a spring rally in the precious metals is the continuing decline of America’s economy and future prospects

[4plexowner]

spot gold is $952 – June 2009 gold contract is $956

I’m looking at GLD and GC charts today – pretty easy to see them running to the $1200 level once $1000 is broken – will the fourth test of $1000 do the trick?

analysts that I read are placing targets of $1100-1650 for gold this spring – the most bullish is suggesting $1650 for gold and, get this, $28-32 for silver

this is not financial advise

there are lots of way to play gold – first question is always, “am I investing or speculating?” – personally, I am thinking speculation on a spring rally in gold – perhaps call options on the futures with expiration in the fall – perhaps some GLD, SLV and CEF shares

unfortunately, the basis for a spring rally in the precious metals is the continuing decline of America’s economy and future prospects

[4plexowner]

spot gold is $952 – June 2009 gold contract is $956

I’m looking at GLD and GC charts today – pretty easy to see them running to the $1200 level once $1000 is broken – will the fourth test of $1000 do the trick?

analysts that I read are placing targets of $1100-1650 for gold this spring – the most bullish is suggesting $1650 for gold and, get this, $28-32 for silver

this is not financial advise

there are lots of way to play gold – first question is always, “am I investing or speculating?” – personally, I am thinking speculation on a spring rally in gold – perhaps call options on the futures with expiration in the fall – perhaps some GLD, SLV and CEF shares

unfortunately, the basis for a spring rally in the precious metals is the continuing decline of America’s economy and future prospects

[4plexowner]

spot gold is $952 – June 2009 gold contract is $956

I’m looking at GLD and GC charts today – pretty easy to see them running to the $1200 level once $1000 is broken – will the fourth test of $1000 do the trick?

analysts that I read are placing targets of $1100-1650 for gold this spring – the most bullish is suggesting $1650 for gold and, get this, $28-32 for silver

this is not financial advise

there are lots of way to play gold – first question is always, “am I investing or speculating?” – personally, I am thinking speculation on a spring rally in gold – perhaps call options on the futures with expiration in the fall – perhaps some GLD, SLV and CEF shares

unfortunately, the basis for a spring rally in the precious metals is the continuing decline of America’s economy and future prospects

[4plexowner]

I’ve never looked into the lag times on inflation feeding into the economy

our current situation is complicated by a declining economy and rising unemployment – how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?

these issues are, in part, why the fringe media is talking about “the summer from hell” this year as people finally boil over at the loss of half of their wealth (checked your 401K statement lately?) and any prospects of retirement while Wall Street and politicos continue their usual games of obscenely enriching themselves at the taxpayers’ expense

the leading edge of the summer from hell started in Iceland when their economy collapsed and has continued in other countries where the citizens are protesting against the results of the prevailing economic system – France is the latest country dealing with this trend

[4plexowner]

I’ve never looked into the lag times on inflation feeding into the economy

our current situation is complicated by a declining economy and rising unemployment – how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?

these issues are, in part, why the fringe media is talking about “the summer from hell” this year as people finally boil over at the loss of half of their wealth (checked your 401K statement lately?) and any prospects of retirement while Wall Street and politicos continue their usual games of obscenely enriching themselves at the taxpayers’ expense

the leading edge of the summer from hell started in Iceland when their economy collapsed and has continued in other countries where the citizens are protesting against the results of the prevailing economic system – France is the latest country dealing with this trend

[4plexowner]

I’ve never looked into the lag times on inflation feeding into the economy

our current situation is complicated by a declining economy and rising unemployment – how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?

these issues are, in part, why the fringe media is talking about “the summer from hell” this year as people finally boil over at the loss of half of their wealth (checked your 401K statement lately?) and any prospects of retirement while Wall Street and politicos continue their usual games of obscenely enriching themselves at the taxpayers’ expense

the leading edge of the summer from hell started in Iceland when their economy collapsed and has continued in other countries where the citizens are protesting against the results of the prevailing economic system – France is the latest country dealing with this trend

[4plexowner]

I’ve never looked into the lag times on inflation feeding into the economy

our current situation is complicated by a declining economy and rising unemployment – how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?

these issues are, in part, why the fringe media is talking about “the summer from hell” this year as people finally boil over at the loss of half of their wealth (checked your 401K statement lately?) and any prospects of retirement while Wall Street and politicos continue their usual games of obscenely enriching themselves at the taxpayers’ expense

the leading edge of the summer from hell started in Iceland when their economy collapsed and has continued in other countries where the citizens are protesting against the results of the prevailing economic system – France is the latest country dealing with this trend

[4plexowner]

I’ve never looked into the lag times on inflation feeding into the economy

our current situation is complicated by a declining economy and rising unemployment – how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?

these issues are, in part, why the fringe media is talking about “the summer from hell” this year as people finally boil over at the loss of half of their wealth (checked your 401K statement lately?) and any prospects of retirement while Wall Street and politicos continue their usual games of obscenely enriching themselves at the taxpayers’ expense

the leading edge of the summer from hell started in Iceland when their economy collapsed and has continued in other countries where the citizens are protesting against the results of the prevailing economic system – France is the latest country dealing with this trend

[4plexowner]

“We’ve crossed the Rubicon”

If we hadn’t crossed it already, we certainly did so wednesday

On Wed the USA announced to the world that they would start directly monetizing their own debt – this is the most inflationary step that can be taken in any monetary system

Let’s simplify the scenario so we can all understand

Prior to wed, the US Treasury dept would create US Treasury bonds to sell on the open market – these pieces of paper were then sold to anyone who wanted them, primarily the Chinese for the last few years

In order to buy our bonds, the Chinese would print up yuan on their printer – this caused inflation IN CHINA because the only new currency created in this scenario was yuan (ie, we exported our inflation to China)

After wed, the US Treasury will print US Treasury bonds but the buyer of the bonds (at least $300 billion worth) will be the US Federal Reserve (which is neither federal nor has any reserves) – in this scenario we are creating US dollars to buy US bonds so the US money supply is immediately inflated by the amount of money printed

Here’s another way of looking at the new monetary arrangement: I have two printers in my basement – I’m going to print US dollars on one of the printers and US bonds on the other – once the ink has dried I’ll take the US bonds and place them in my vault as an asset and I’ll go spend the printed money as I see fit (in the media they are describing this process as the “Fed expanding their portfolio”)

Please explain to me how we can have any type of healthy economy based on the output from two printers

[4plexowner]

“We’ve crossed the Rubicon”

If we hadn’t crossed it already, we certainly did so wednesday

On Wed the USA announced to the world that they would start directly monetizing their own debt – this is the most inflationary step that can be taken in any monetary system

Let’s simplify the scenario so we can all understand

Prior to wed, the US Treasury dept would create US Treasury bonds to sell on the open market – these pieces of paper were then sold to anyone who wanted them, primarily the Chinese for the last few years

In order to buy our bonds, the Chinese would print up yuan on their printer – this caused inflation IN CHINA because the only new currency created in this scenario was yuan (ie, we exported our inflation to China)

After wed, the US Treasury will print US Treasury bonds but the buyer of the bonds (at least $300 billion worth) will be the US Federal Reserve (which is neither federal nor has any reserves) – in this scenario we are creating US dollars to buy US bonds so the US money supply is immediately inflated by the amount of money printed

Here’s another way of looking at the new monetary arrangement: I have two printers in my basement – I’m going to print US dollars on one of the printers and US bonds on the other – once the ink has dried I’ll take the US bonds and place them in my vault as an asset and I’ll go spend the printed money as I see fit (in the media they are describing this process as the “Fed expanding their portfolio”)

Please explain to me how we can have any type of healthy economy based on the output from two printers

[4plexowner]

“We’ve crossed the Rubicon”

If we hadn’t crossed it already, we certainly did so wednesday

On Wed the USA announced to the world that they would start directly monetizing their own debt – this is the most inflationary step that can be taken in any monetary system

Let’s simplify the scenario so we can all understand

Prior to wed, the US Treasury dept would create US Treasury bonds to sell on the open market – these pieces of paper were then sold to anyone who wanted them, primarily the Chinese for the last few years

In order to buy our bonds, the Chinese would print up yuan on their printer – this caused inflation IN CHINA because the only new currency created in this scenario was yuan (ie, we exported our inflation to China)

After wed, the US Treasury will print US Treasury bonds but the buyer of the bonds (at least $300 billion worth) will be the US Federal Reserve (which is neither federal nor has any reserves) – in this scenario we are creating US dollars to buy US bonds so the US money supply is immediately inflated by the amount of money printed

Here’s another way of looking at the new monetary arrangement: I have two printers in my basement – I’m going to print US dollars on one of the printers and US bonds on the other – once the ink has dried I’ll take the US bonds and place them in my vault as an asset and I’ll go spend the printed money as I see fit (in the media they are describing this process as the “Fed expanding their portfolio”)

Please explain to me how we can have any type of healthy economy based on the output from two printers

[4plexowner]

“We’ve crossed the Rubicon”

If we hadn’t crossed it already, we certainly did so wednesday

On Wed the USA announced to the world that they would start directly monetizing their own debt – this is the most inflationary step that can be taken in any monetary system

Let’s simplify the scenario so we can all understand

Prior to wed, the US Treasury dept would create US Treasury bonds to sell on the open market – these pieces of paper were then sold to anyone who wanted them, primarily the Chinese for the last few years

In order to buy our bonds, the Chinese would print up yuan on their printer – this caused inflation IN CHINA because the only new currency created in this scenario was yuan (ie, we exported our inflation to China)

After wed, the US Treasury will print US Treasury bonds but the buyer of the bonds (at least $300 billion worth) will be the US Federal Reserve (which is neither federal nor has any reserves) – in this scenario we are creating US dollars to buy US bonds so the US money supply is immediately inflated by the amount of money printed

Here’s another way of looking at the new monetary arrangement: I have two printers in my basement – I’m going to print US dollars on one of the printers and US bonds on the other – once the ink has dried I’ll take the US bonds and place them in my vault as an asset and I’ll go spend the printed money as I see fit (in the media they are describing this process as the “Fed expanding their portfolio”)

Please explain to me how we can have any type of healthy economy based on the output from two printers

[4plexowner]

“We’ve crossed the Rubicon”

If we hadn’t crossed it already, we certainly did so wednesday

On Wed the USA announced to the world that they would start directly monetizing their own debt – this is the most inflationary step that can be taken in any monetary system

Let’s simplify the scenario so we can all understand

Prior to wed, the US Treasury dept would create US Treasury bonds to sell on the open market – these pieces of paper were then sold to anyone who wanted them, primarily the Chinese for the last few years

In order to buy our bonds, the Chinese would print up yuan on their printer – this caused inflation IN CHINA because the only new currency created in this scenario was yuan (ie, we exported our inflation to China)

After wed, the US Treasury will print US Treasury bonds but the buyer of the bonds (at least $300 billion worth) will be the US Federal Reserve (which is neither federal nor has any reserves) – in this scenario we are creating US dollars to buy US bonds so the US money supply is immediately inflated by the amount of money printed

Here’s another way of looking at the new monetary arrangement: I have two printers in my basement – I’m going to print US dollars on one of the printers and US bonds on the other – once the ink has dried I’ll take the US bonds and place them in my vault as an asset and I’ll go spend the printed money as I see fit (in the media they are describing this process as the “Fed expanding their portfolio”)

Please explain to me how we can have any type of healthy economy based on the output from two printers

[Author]

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