Archive through January 17, 2006

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captain_chaza

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Post Number: 1597
Registered: 02-2003

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Tuesday, January 10, 2006 - 03:23 pm:

Phew!
Crikey! That was a scary day!
At least we weathered the storm for the moment anyway, hey?

That bout of profit taking was totally unexpected !!
Probably just a simple Contrarian fund manager with nothing better to do with other peoples money?

'Stopped me dead in my tacks in the afternoon

Salute and Good Health
capn

(Message edited by Captain_Chaza on January 10, 2006)

"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897

msparks

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Post Number: 291
Registered: 10-2004

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Tuesday, January 10, 2006 - 09:27 pm:

"God Bless America"

and

"heaven help the printer mechanic who cannot keep the machine up and running 24 / 7 "

I was sure the inflation figures were low !
Are we being told porkies by the financially responsible government running our country ?
Nothing like a change of "Greenspan" to clean out the cupboard, happens every time a new CEO walks into a company so ...........

PS Mr Archer
What happens to realestate when paper is worth less ?
What should we do to apart from buy gold,gold,gold ?
Are cars going to be cheaper ? or do we buy old cars

hilarius

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Post Number: 1464
Registered: 04-2004

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Tuesday, January 10, 2006 - 09:51 pm:

There will be plenty of jobs in empty factories for people willing to work for less than Chinese or Indian wages

This is not a racist point of view ... I admire those countries which are pulling themselves out of poverty by their shoestrings

It's called globalisation and we ain't seen nothing yet

No one owes the "rich" nations a living, but our role as raw material supplier may keep us going for a while

Hilarius

I come in peace to share my thoughts and to shine my candle light on possible long term opportunities

archer

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Post Number: 1261
Registered: 11-2002

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Wednesday, January 11, 2006 - 01:03 pm:

msparks
Just about everything rises BECAUSE money is worth less
Look at the realestate market since gold started its rise
This inflationary period could last anywhere from 2-20 years and when it ends you want to be holding something
that can be easily sold-anything liquid
Gold and silver are very liquid
Collectables and antiques are quite liquid
Artworks a little less so
Cars less again
Houses-NOT liquid

hilarius

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Post Number: 1468
Registered: 04-2004

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Wednesday, January 11, 2006 - 01:16 pm:

Dear Archer

Despite rising oil costs the world is awash with productive capacity and productivity improvements

Many goods are cheaper in real terms

Service provision is more competitive than ever

Chance of significant inflation is close to zero

Blessings and Peace

Hilarius

I come in peace to share my thoughts and to shine my candle light on possible long term opportunities

archer

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Post Number: 1262
Registered: 11-2002

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Wednesday, January 11, 2006 - 02:08 pm:

"Chance of significant inflation is close to zero"
Then im even further ahead with my PM holdings as i dont
have to subtract inflation

msparks

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Post Number: 293
Registered: 10-2004

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Wednesday, January 11, 2006 - 03:51 pm:

Hi H
Perhaps you could define the term inflation?

As i said earlier the government tells me the inflation rate is low.

Why has my house doubled in price,and materials to renovate my house have near doubled,labour for tradesman have near doubled,and my rates,energy and water costs have increased by large percentages.(oh,did i mention education costs,childcare,medical)

Sure, i can buy some cheap stuff at the $2 shop but do i really need this junk.

Archer say's all i need is gold and silver.
What do you say H ?

By the way H
Your post
Tuesday, January 10, 2006 - 10:51 pm
Really not impressed with the comments.

Seems populate or perish is the way.
Prefer the old way, divide and conquer myself.
The environment would sure benefit from the latter.
And if that is too deep
"you don't feed the enemy so they can grow big and strong and eat you"(DUH)
and
"if ya stink up your own nest, don't try and come and live in mine" OK
Politically and morally suicide, but hey, its the truth RIGHT!

Globalisation sucks !!! we just don't know it yet !!!

brand

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Post Number: 19
Registered: 09-2005

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Thursday, January 12, 2006 - 04:26 am:

M-3 has been launched into outer space, up another $56.3 billion last week, up $92.4 billion over the past two. This is some real horsepower. Over six weeks, the meaningless figure, ahem, is up $177.8 billion. These annualized growth rates are 28.7 percent, 23.6 percent, and 15.3 percent respectively. Those are the seasonally adjusted figures. The raw, non-seasonally adjusted, figure is up $293.3 billion over the past 12 weeks, on a pace to add 1.2 trillion in money to the economy. Wow. There must be a need for this. Maybe the master Planners see a coming need to monetize our debt? To support markets? They tell us the economy is good, so clearly they cannot be stimulating our way out of a recession. There's a lot of money flooding the economy and it has to go somewhere. Right now it is lifting markets.

I CAN RESIST ANYTHING BUT TEMPTATION.

archer

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Post Number: 1264
Registered: 11-2002

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Thursday, January 12, 2006 - 09:32 pm:

The 50 percent principle
http://www.321gold.com/editorials/russell/russell011206.html
With Gold Over $500
http://www.lewrockwell.com/north/north424.html

justice

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Post Number: 431
Registered: 01-2003

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Thursday, January 12, 2006 - 10:28 pm:

Just adding fuel to the fire.
According to stockcharts.com the 1 Jan 1980 high was $875
goldie locks

(Message edited by justice on January 12, 2006)

... d'ICE ... :-)

archer

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Post Number: 1266
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Friday, January 13, 2006 - 07:47 am:

"The world is caught in a miasma of inflation brought on by politically-motivated central banks that can create so-called ‘money’ at will and in any amounts. It’s world ‘prosperity’ created by synthetic means. The means are grounded in the ability of central banks to create endless quantities of paper money. It’s money that so far, is accepted by the people of the world, but the skeptics, the people who ‘have been here before’ are opting for gold. The great gold bull market is just beginning. And as I’ve repeated so many times, gold today is selling like dirt – in terms of the amount of paper money that’s being created, ‘they’re giving real money away."

Richard Russell
--------------
"We know that a rise of interest rates alone can not stop the depreciation of an unbacked fiat currency if it is produced in quantities that greatly exceed the growth of GDP."

Adrian Douglas
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"Fiat money is basically ‘garbage money,’ and it’s man-made and unreliable. The smartest of the crowd realize that fiat money is ultimately doomed."

Richard Russell
-------------
"When paper money is being printed at an extreme rate, gold becomes more significant as a reserve currency…It starts to show up in people’s portfolios, and in governments."

Frank Holmes
--------------

hilarius

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Post Number: 1476
Registered: 04-2004

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Friday, January 13, 2006 - 09:36 am:

Good Morning

I've never seen inflation lower than it is today

Central banks are ready to apply the interest rate brakes whenever needed

Cars, electronic goods, air flights, luxury holidays are in enormous over-supply and falling prices in real times

Oil is the only bad apple in the barrel, but uranium and renewable energy will fix that

Cheaper goods pouring in from Asia ... prices falling by the minute

Blessings and Peace

Hilarius

I come in peace to share my thoughts and to shine my candle light on possible long term opportunities

glenn

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Post Number: 49
Registered: 11-2005

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Friday, January 13, 2006 - 10:35 am:

Hilarius,

I'd consider all of the examples provided as being luxury or non-essential items.

What about energy costs?
Housing costs? The cost to build them?
Transportation? Oil obviously causes issues here
Healthcare?
Education?

Hopefully some will find the following an interesting read:
http://www.vinnies.org.au/files/NATIONAL.spip2.doc.pdf

Smrt-trader

hilarius

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Post Number: 1477
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Friday, January 13, 2006 - 10:49 am:

Hi Glenn

In the cases you mention price gouging and profiteering have a lot to do with the price of outputs, especially as the cost of inputs is relatively steady or falling

If reported inflation remains low in the face of these price (not cost) pressures that is a testament to the wider deflationary conditions in the economy

Worldwide joblessness and underutilised productive capacity will drive prices down not up, and if that is not enough the flood of cheap goods from Asia will fuel deflation

Especially if the USA debt bubble bursts

With Best Wishes

Hilarius

I come in peace to share my thoughts and to shine my candle light on possible long term opportunities

archer

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Post Number: 1269
Registered: 11-2002

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