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  • January 23, 2009 at 9:33 PM in reply to: The writing is on the wall! #334757
    peterb
    Participant

    Gold and the US$ did well today….who’d a thunk it?! I think this is fear speaking to the market. Stocks are hurting and the US$ and gold rising. The market is starting to treat gold like honest money and the US$ as at least as good as the other fiats, if not better. Govt policies are going to ZIRP on fiat currencies. These guys are scared and this is their answer to solve the problem. Make money almost free to the banks. Only one problem, the banks are insolvent. Perhaps if the govts’ get crazy enough, they’ll destabilize their currencies? It’s a possibility that favours gold.

    January 23, 2009 at 9:33 PM in reply to: The writing is on the wall! #334843
    peterb
    Participant

    Gold and the US$ did well today….who’d a thunk it?! I think this is fear speaking to the market. Stocks are hurting and the US$ and gold rising. The market is starting to treat gold like honest money and the US$ as at least as good as the other fiats, if not better. Govt policies are going to ZIRP on fiat currencies. These guys are scared and this is their answer to solve the problem. Make money almost free to the banks. Only one problem, the banks are insolvent. Perhaps if the govts’ get crazy enough, they’ll destabilize their currencies? It’s a possibility that favours gold.

    January 23, 2009 at 9:33 PM in reply to: The writing is on the wall! #334869
    peterb
    Participant

    Gold and the US$ did well today….who’d a thunk it?! I think this is fear speaking to the market. Stocks are hurting and the US$ and gold rising. The market is starting to treat gold like honest money and the US$ as at least as good as the other fiats, if not better. Govt policies are going to ZIRP on fiat currencies. These guys are scared and this is their answer to solve the problem. Make money almost free to the banks. Only one problem, the banks are insolvent. Perhaps if the govts’ get crazy enough, they’ll destabilize their currencies? It’s a possibility that favours gold.

    January 23, 2009 at 9:33 PM in reply to: The writing is on the wall! #334953
    peterb
    Participant

    Gold and the US$ did well today….who’d a thunk it?! I think this is fear speaking to the market. Stocks are hurting and the US$ and gold rising. The market is starting to treat gold like honest money and the US$ as at least as good as the other fiats, if not better. Govt policies are going to ZIRP on fiat currencies. These guys are scared and this is their answer to solve the problem. Make money almost free to the banks. Only one problem, the banks are insolvent. Perhaps if the govts’ get crazy enough, they’ll destabilize their currencies? It’s a possibility that favours gold.

    January 23, 2009 at 5:12 PM in reply to: Obama’s greatness shines through on first day #334301
    peterb
    Participant

    Once again, I find myself agreeing with Arraya despite my more positive view on things.

    January 23, 2009 at 5:12 PM in reply to: Obama’s greatness shines through on first day #334634
    peterb
    Participant

    Once again, I find myself agreeing with Arraya despite my more positive view on things.

    January 23, 2009 at 5:12 PM in reply to: Obama’s greatness shines through on first day #334719
    peterb
    Participant

    Once again, I find myself agreeing with Arraya despite my more positive view on things.

    January 23, 2009 at 5:12 PM in reply to: Obama’s greatness shines through on first day #334745
    peterb
    Participant

    Once again, I find myself agreeing with Arraya despite my more positive view on things.

    January 23, 2009 at 5:12 PM in reply to: Obama’s greatness shines through on first day #334830
    peterb
    Participant

    Once again, I find myself agreeing with Arraya despite my more positive view on things.

    January 23, 2009 at 5:09 PM in reply to: OT: The new bubble…. when will it burst? #334296
    peterb
    Participant

    If this is the bubble, we’re in trouble. But earnings reports, or lack thereof, by May should deflate whatever rise we get here in the next month or so.

    January 23, 2009 at 5:09 PM in reply to: OT: The new bubble…. when will it burst? #334629
    peterb
    Participant

    If this is the bubble, we’re in trouble. But earnings reports, or lack thereof, by May should deflate whatever rise we get here in the next month or so.

    January 23, 2009 at 5:09 PM in reply to: OT: The new bubble…. when will it burst? #334714
    peterb
    Participant

    If this is the bubble, we’re in trouble. But earnings reports, or lack thereof, by May should deflate whatever rise we get here in the next month or so.

    January 23, 2009 at 5:09 PM in reply to: OT: The new bubble…. when will it burst? #334740
    peterb
    Participant

    If this is the bubble, we’re in trouble. But earnings reports, or lack thereof, by May should deflate whatever rise we get here in the next month or so.

    January 23, 2009 at 5:09 PM in reply to: OT: The new bubble…. when will it burst? #334825
    peterb
    Participant

    If this is the bubble, we’re in trouble. But earnings reports, or lack thereof, by May should deflate whatever rise we get here in the next month or so.

    January 23, 2009 at 12:33 PM in reply to: What can I afford? #334534
    peterb
    Participant

    Rent a bigger home. Rents should be coming down.

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Viewing 15 posts - 2,101 through 2,115 (of 5,771 total)
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