tag:blogger.com,1999:blog-7982981413278241287.post2292568314073143118..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Boom Goes The Silver DynamiteDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7982981413278241287.post-86605927703156373842010-08-24T19:18:49.604-06:002010-08-24T19:18:49.604-06:00This morning Goldman released a research report wh...<i>This morning Goldman released a research report which concluded that the Fed will be forced to implement "sizeable" QE. </i><br /><br />My usual mantra comes to mind...<br /><br />FOA wrote back in April of 2001, "My friend, debt is the very essence of fiat. As debt defaults, fiat is destroyed. This is where all these deflationists get their direction. Not seeing that hyperinflation is the process of saving debt at all costs, even buying it outright for cash. Deflation is impossible in today's dollar terms because policy will allow the printing of cash, if necessary, to cover every last bit of debt and dumping it on your front lawn! Worthless dollars, of course, but no deflation in dollar terms!"Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-69595334867259753722010-08-24T11:53:02.011-06:002010-08-24T11:53:02.011-06:00First i don't believe much whatever GSux say. ...First i don't believe much whatever GSux say. It was also documented by Zerohedge GS's advices usu turned into losses to their "clients". I don't know.. but if GS is bearish on USD i'm rather cautious and waiting for the opposite, also considering actual COT data.<br /><br />Second, silver was higher in USD year ago, no time for fireworks yet.stibothttps://www.blogger.com/profile/04496901575312017807noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-71866858445294914372010-08-24T11:46:33.377-06:002010-08-24T11:46:33.377-06:00"we need all the aid we can get here! "
..."we need all the aid we can get here! "<br /><br />Kool-aid that is...Hahah <br /><br />http://www.imf.org/external/np/pp/eng/2010/041310.pdfHopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-87749510403377514702010-08-24T11:24:38.369-06:002010-08-24T11:24:38.369-06:00our foreign aid is nothing more than payment to ke...our foreign aid is nothing more than payment to keep military bases in all these countries. pure imperialism. we can't afford to give aid to any countries. we need all the aid we can get here!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-85284273473664727822010-08-24T10:58:18.131-06:002010-08-24T10:58:18.131-06:00it is amazing how the pundits are calling for a go...it is amazing how the pundits are calling for a gold sell off (something that over 10 years has occurred but in the context of the same 10 year chart.....) yet want to buy into things like the general market or in gartmans case DE where nobody in the media is saying it has downside potential to the 20's if we have another 2008 style meltdown. <br /><br />emphasizing this is that we could see the third high percentage general market sell off in 11 years unless the Fed hyper-inflates and even then who knows the outcome for general stocks.<br /><br />in the meantime how is this 6% YTD sell off sitting with CPAs and actuaries who have signed off on pension plan assumptions.halnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30495842680193036332010-08-24T10:48:30.903-06:002010-08-24T10:48:30.903-06:00So India is buying silver while it's populatio...So India is buying silver while it's population needs food. How much do we "give" India every year?? And they can afford to buy silver instead of wheat!! It is time we reconsider our aid to other countries.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-83742211866069914012010-08-24T09:41:40.395-06:002010-08-24T09:41:40.395-06:00I highly recommend the IDX and ECH....ETF's......I highly recommend the IDX and ECH....ETF's....nice funds and performing.Hopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-5268642913632088472010-08-24T09:06:54.909-06:002010-08-24T09:06:54.909-06:00last week fartman was buying DE.last week fartman was buying DE.halnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-55906321683133084912010-08-24T08:53:37.662-06:002010-08-24T08:53:37.662-06:00LOL. up the prechter, mish, denninger, gartman, et...LOL. up the prechter, mish, denninger, gartman, etc...Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-13147016227840252982010-08-24T08:47:23.687-06:002010-08-24T08:47:23.687-06:00Metal shorts taking it up the prechter today.Metal shorts taking it up the prechter today.Joe Kernannoreply@blogger.com