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October 9, 2008 at 8:54 AM in reply to: How to protect against hyperinflation and destruction of the US dollar #284249October 9, 2008 at 8:54 AM in reply to: How to protect against hyperinflation and destruction of the US dollar #284267
stockstradr
ParticipantGold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)
October 9, 2008 at 8:54 AM in reply to: How to protect against hyperinflation and destruction of the US dollar #284276ParticipantGold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)
October 8, 2008 at 11:56 PM in reply to: It is getting more ridiculous by the minute:White House considers ownership stakes in banks #283765ParticipantIs the government fvcking nuts?
Nope. What we have is government made of Morons and Con Men.
October 8, 2008 at 11:56 PM in reply to: It is getting more ridiculous by the minute:White House considers ownership stakes in banks #284054ParticipantIs the government fvcking nuts?
Nope. What we have is government made of Morons and Con Men.
October 8, 2008 at 11:56 PM in reply to: It is getting more ridiculous by the minute:White House considers ownership stakes in banks #284079ParticipantIs the government fvcking nuts?
Nope. What we have is government made of Morons and Con Men.
October 8, 2008 at 11:56 PM in reply to: It is getting more ridiculous by the minute:White House considers ownership stakes in banks #284096ParticipantIs the government fvcking nuts?
Nope. What we have is government made of Morons and Con Men.
October 8, 2008 at 11:56 PM in reply to: It is getting more ridiculous by the minute:White House considers ownership stakes in banks #284105ParticipantIs the government fvcking nuts?
Nope. What we have is government made of Morons and Con Men.
October 8, 2008 at 11:55 PM in reply to: How to protect against hyperinflation and destruction of the US dollar #283755Participantthe US$ should stay as a superior currency for a year or two. Cash in a crash.
as usual I’m finding another peterb post to be brilliant, and teaching me a thing or two. I agree with your entire post.
Did I mention I dumped all my gold a few days ago at $910/ounce.
I sold it and moved into a 2X long position on the stock indexes. Here comes our Fool’s Rally. Wait and see. Also I’m guessing money flows from gold into that stock market Fool’s Rally, pulling down gold prices, leaving gold fully exposed to the recession’s deflationary forces.
We might see gold hit $750 within a month.
October 8, 2008 at 11:55 PM in reply to: How to protect against hyperinflation and destruction of the US dollar #284044Participantthe US$ should stay as a superior currency for a year or two. Cash in a crash.
as usual I’m finding another peterb post to be brilliant, and teaching me a thing or two. I agree with your entire post.
Did I mention I dumped all my gold a few days ago at $910/ounce.
I sold it and moved into a 2X long position on the stock indexes. Here comes our Fool’s Rally. Wait and see. Also I’m guessing money flows from gold into that stock market Fool’s Rally, pulling down gold prices, leaving gold fully exposed to the recession’s deflationary forces.
We might see gold hit $750 within a month.
October 8, 2008 at 11:55 PM in reply to: How to protect against hyperinflation and destruction of the US dollar #284069Participantthe US$ should stay as a superior currency for a year or two. Cash in a crash.
as usual I’m finding another peterb post to be brilliant, and teaching me a thing or two. I agree with your entire post.
Did I mention I dumped all my gold a few days ago at $910/ounce.
I sold it and moved into a 2X long position on the stock indexes. Here comes our Fool’s Rally. Wait and see. Also I’m guessing money flows from gold into that stock market Fool’s Rally, pulling down gold prices, leaving gold fully exposed to the recession’s deflationary forces.
We might see gold hit $750 within a month.
October 8, 2008 at 11:55 PM in reply to: How to protect against hyperinflation and destruction of the US dollar #284086Participantthe US$ should stay as a superior currency for a year or two. Cash in a crash.
as usual I’m finding another peterb post to be brilliant, and teaching me a thing or two. I agree with your entire post.
Did I mention I dumped all my gold a few days ago at $910/ounce.
I sold it and moved into a 2X long position on the stock indexes. Here comes our Fool’s Rally. Wait and see. Also I’m guessing money flows from gold into that stock market Fool’s Rally, pulling down gold prices, leaving gold fully exposed to the recession’s deflationary forces.
We might see gold hit $750 within a month.
October 8, 2008 at 11:55 PM in reply to: How to protect against hyperinflation and destruction of the US dollar #284095Participantthe US$ should stay as a superior currency for a year or two. Cash in a crash.
as usual I’m finding another peterb post to be brilliant, and teaching me a thing or two. I agree with your entire post.
Did I mention I dumped all my gold a few days ago at $910/ounce.
I sold it and moved into a 2X long position on the stock indexes. Here comes our Fool’s Rally. Wait and see. Also I’m guessing money flows from gold into that stock market Fool’s Rally, pulling down gold prices, leaving gold fully exposed to the recession’s deflationary forces.
We might see gold hit $750 within a month.
October 8, 2008 at 11:48 PM in reply to: Bubble Economics 101: Why you can’t make money even if you know a crash is coming. #283745ParticipantThe new smart bet is simply buying gold and holding it for at least five years.
Let’s see which of us can actually reap those potential gains if we can remember to just buy and hold it, and don’t try to out-smart gold by trading in and out of it.
October 8, 2008 at 11:48 PM in reply to: Bubble Economics 101: Why you can’t make money even if you know a crash is coming. #284034ParticipantThe new smart bet is simply buying gold and holding it for at least five years.
Let’s see which of us can actually reap those potential gains if we can remember to just buy and hold it, and don’t try to out-smart gold by trading in and out of it.
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