tag:blogger.com,1999:blog-7982981413278241287.post5147009026857675919..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: No inflation?Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-7982981413278241287.post-79311275922656887002011-03-14T02:12:09.775-06:002011-03-14T02:12:09.775-06:00Until I see tons (or any for that matter) of adver...Until I see tons (or any for that matter) of advertisements for low interest rate loans to purchase silver and gold...I will continue to assume no "bubble" can be blown: hence, buy silver, buy gold, heck, buy platinum, rare gems and art.<br /><br />Inflation is about to make them launch into the stratosphere. <br /><br />Simple, yes? No credit: no bubble.<br /><br />farangAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-89369100810465444392011-03-13T23:15:54.356-06:002011-03-13T23:15:54.356-06:00great site:
http://thehardrightedge.com/america-u...great site:<br /><br />http://thehardrightedge.com/america-under-attack-by-treasonous-bankers/mabmannoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-12991073058816409102011-03-10T04:10:02.956-07:002011-03-10T04:10:02.956-07:00Thanks for your comments on the Gross story.
I do...Thanks for your comments on the Gross story.<br /><br />I don't give a shit about the dollar effecting the local American economy but globally its just too frustrating for words what an effect America wants to enforce globally. The dollar index is the most outdated measurement there is. It compares crap with crap.<br /><br />In the last 18months in South African rand terms the gold price has gone nowhere. The rand used to be one of the riskiest currencies around and even as we watch the dollar bounce in the last few days it hasn't been able to do that against the rand, even in the face of all the ME crap.<br /><br />So then who actually makes investment decisions in the USA?? It seems every single data point and statistic is outdated and faulty.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-75853957383632494332011-03-09T15:18:18.647-07:002011-03-09T15:18:18.647-07:00Dave,
Don't you think at least they'll pa...Dave,<br /><br />Don't you think at least they'll pause after QE2 for a few months before they continue?<br /><br />They would want to see how the markets react right? Obviously, then there'll be deflation in stocks/commodities/bonds, because all this sloshing liquidity now stops.<br /><br />I think it is in the best interests of the banking class to take a breather after QE2, since the path towards endless QE is surely a destruction of the central banking system.<br /><br />your thoughts?<br /><br />thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-20023112427095729542011-03-09T14:01:03.183-07:002011-03-09T14:01:03.183-07:00Si. Io capisco molto bene...adesso:) Grazie mille ...Si. Io capisco molto bene...adesso:) Grazie mille ancora, Dave.Gallohttps://www.blogger.com/profile/11073048501540664685noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-60314761670248464782011-03-09T12:39:55.302-07:002011-03-09T12:39:55.302-07:00As has been pointed out over and over again, there...As has been pointed out over and over again, there is NO OTHER BUYER for this crap paper than the Fed. For them to stop buying, it would bring the whole thing down on top of their heads. <br /><br />The owners of the Fed: <br />A. Own all the gold that was once in Ft. Knox, and probably now in villas throughout Europe. <br />B. Don't give a shit about inflation in the USSA because of A and their liquid wealth is in Euros, Swiss Francs, and probably Yuan. <br /><br />Hilarious how few people understand this simple issue and still believe that we are in deflation.Joe Kernannoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-1467269992740926142011-03-09T09:40:32.739-07:002011-03-09T09:40:32.739-07:00one point on tax penalty on Withdrawal from IRA--t...one point on tax penalty on Withdrawal from IRA--the 10% tax is only if you are under 59.5 years old.halnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-42072995448973560272011-03-09T09:38:35.679-07:002011-03-09T09:38:35.679-07:00Hi Dave, always enjoy reading your blog, but this ...Hi Dave, always enjoy reading your blog, but this is my first time commenting.<br /><br />On the topic of inflation, I have been keeping track of my household expenses since 2009, and comparing it to the "official" CPI rate. Last year my cost of living increased 8% vs. the CPI's 1.5%. This year, mostly due to the 23%+ rise in gas, my expenses have increased 3.3%. (So far in 2011, gas has gone up about $0.01 per day!) <br /><br />If anyone is interested, I have posted my "Personal CPI" numbers at verifythecpi.blogspot.com.Inflation Dudehttps://www.blogger.com/profile/13292451612246184244noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30438706910532701522011-03-09T09:18:36.325-07:002011-03-09T09:18:36.325-07:00I may publish a response to that. It is horrible -...I may publish a response to that. It is horrible - as usual - analysis by Durden. Why do you think Gross is loading up on mortgage paper? Tresuries pay so little that they're the same as holding cash. The Fed has to keep buying those so QE3 will for sure happen. But QE's will devalue the dollar which means Gross is saying Treasuries are useless. <br /><br />BUT, housing will be so bad by this summer that the Fed will ALSO include a big program to buy mortgages. Either directly or indirectly by printing money and giving to FNM/FRE/Govt to buy mortgages back. You can make a lot more buying mortgages at a discount if I'm right.<br /><br />So QE3 will happen and it will be even more profound than QE2Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-31635629296306908732011-03-09T08:48:56.217-07:002011-03-09T08:48:56.217-07:00Need some discussion around this point -
Bill Gr...Need some discussion around this point - <br /><br />Bill Gross totally out of Treasuries - http://www.zerohedge.com/article/exclusive-bill-gross-dumps-all-treasuries-brings-total-government-related-holdings-zero-flee<br /><br />It probably isn't helping the bulls today in everything precious - however a few points<br /><br />Zerohedge summizes that QE3 is dead due to this. The assumption is that Gross will not protect his cash in other assets - such as precious metals??<br /><br />The other assumption is that we need QE3 for precious metals to be in a bull still??<br /><br />So either way - QE3 or not - there are only the precious metals assets - the rest is dead!<br /><br />The other thing is - it seems 36 for silver is a very, very important level regarding JPM and their silver derivatives??? Any insight?<br /><br />Thanks you very much<br />RegardsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-46368888213582008842011-03-09T06:51:21.128-07:002011-03-09T06:51:21.128-07:00Ciao Gallo, come stai?
You have to pay a 10% pena...Ciao Gallo, come stai?<br /><br />You have to pay a 10% penalty off the top that is unavoidable. Then however much you take out will treated as ordinary income, so you'll pay whatever your marginal tax rate is for that year. <br /><br />But think about the alternative when the Govt annuitizes everyone's IRA/401k with Treasuries. Your IRA will eventually be worthless in dollar terms.<br /><br />Would you rather have a big tax bite now and move the money into metals, or have close to 0% of a big number down the road?<br /><br />Capisci? Avere un buon giornata!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-61625340974475736102011-03-09T06:49:30.880-07:002011-03-09T06:49:30.880-07:00Great post Dave
When the sheeple say the economy...Great post Dave<br /><br />When the sheeple say the economy is getting better read this then get back to us.<br /><br />http://projects.propublica.org/bailout/list<br /><br />BillBillnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-45759663550905903432011-03-09T04:25:49.705-07:002011-03-09T04:25:49.705-07:00Hi Dave. Been reading more and more about the IRA ...Hi Dave. Been reading more and more about the IRA confiscation possibility where the government forces us to buy a portion of Treasury bonds to fund our debt (if I have that right). What are the penelties and taxes for doing so? (I'm sure this has been asked before) Grazie!Gallohttps://www.blogger.com/profile/11073048501540664685noreply@blogger.com