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Dec 18 2009, 10:48 AM
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#21
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Centurion ![]() ![]() Group: Members Posts: 201 Joined: 8-January 09 Member No.: 2,714 |
I never really understood why the debate became so animated. Almost all markets in all of history have gone up and down so a market going up then down is a fairly mundane event.
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Dec 18 2009, 10:48 AM
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#22
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
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Dec 18 2009, 10:51 AM
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#23
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
Bubb, No6 et al, you are going to have: ![]() This is exactly what troubles me ! GOM, I am afraid that I would class you as a true FOPP right now, Many FOPPs have been aggressively abusing and ridiculing those who were bearish, or even just firmly neutral on Gold, and merely trying to present a more balanced view. When the price turned lower, and it was the FOPPs' turn to take a bit of teasing and moderate ridicule, they got angry, or just ran away. It is very clear to everyone who is wearing the egg right now, even if most of the FOPPs are hiding on the other website. If those, like me, who see a big move in gold someday, get long again as the dollar rally/ gold fall is running its course, there will be no need to wear egg at all. But the FOPPs dont see that simple truth, they simply want to hurl mud at anyoen who disagrees with them. Thank Gawd, they now have their own website, and can leave GEI's balanced posters in peace. Also welcome are genuine bears, and enthusiastic bulls, so long as they are willing to respect the views of others. genuine bears (who are welcome if they show respect) -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 10:54 AM
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#24
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
I never really understood why the debate became so animated. Almost all markets in all of history have gone up and down so a market going up then down is a fairly mundane event. Actually, Mike, the aggressive actions/reactions is often a pretty important indication of a major top ! Remember UK property in 2007? -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 10:56 AM
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#25
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 7,821 Joined: 3-March 08 From: Fort Knox Member No.: 1,591 |
What is FOPP? But you're right. The people who squeal with delight evertime the price of gold falls a couple of bucks are getting quite boring. Bubb can't really get over this, can he? Anyway, not all FOPP (how about friends of ...) have left. But, yeah, I have seen that something has gone nuclear over at 24K already. Something to do with swampy I think... Who would have thought it?! Seems like more tumbleweed at 24K now than here. -------------------- “Currency Produced Cost-Push Hyperinflation” vs “Demand-Pull (non-hyper) Inflation.”
The "no income --> no inflation"-thesis is as wrong as the "price control --> inflation control"-thesis. Don't TRADE gold! You might lose your shirt in the biggest bull run ever. That would be embarassing. © possibly by Swampy ![]() Gold, silver, property, currencies, commodities charts. When to finally sell gold: read my thread THEORETICAL ASPECTS OF GOLD at GIM. |
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Dec 18 2009, 10:58 AM
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#26
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
This is exactly what troubles me ! GOM, I am afraid that I would class you as a true FOPP right now, Many FOPPs have been aggressively abusing and ridiculing those who were bearish, or even just firmly neutral on Gold, and merely trying to present a more balanced view. When the price turned lower, and it was the FOPPs' turn to take a bit of teasing and moderate ridicule, they got angry, or just ran away. remember not everyone bought in dollars, I bought in Euros for example. Not much of a drop.... |
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Dec 18 2009, 10:58 AM
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#27
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
but to be fair, I have to give you some credit Bubb (even though it pains me to do so) for leaving the 24knews sig on our user accounts. No doubt you have seen the action at that site. At least now you are not amongst the worst moderators any more. ?? To be honest, GOM. I havent a clue what you are talking about. Are 24K having moderation "issues" already? I considerered dropping in, and tossing some mud around there. But after about 10 minutes the idea passed, as I realised I had better (and maybe more profitable) ways to spend my time. And I also began to notice some of my favorite GEI posters happily posting here, and thought - we may lose a few good ones, but I reckon we will keep a solid core, and grow into an even better website than before, -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 11:00 AM
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#28
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 7,821 Joined: 3-March 08 From: Fort Knox Member No.: 1,591 |
When the price turned lower, and it was the FOPPs' turn to take a bit of teasing and moderate ridicule, they got angry, or just ran away. Not all CIGAs are that childish Bubb. The PBPP (Paper Bug Pied Pipers) just have a short term/trader view, that's all (always the same "problem"). -------------------- “Currency Produced Cost-Push Hyperinflation” vs “Demand-Pull (non-hyper) Inflation.”
The "no income --> no inflation"-thesis is as wrong as the "price control --> inflation control"-thesis. Don't TRADE gold! You might lose your shirt in the biggest bull run ever. That would be embarassing. © possibly by Swampy ![]() Gold, silver, property, currencies, commodities charts. When to finally sell gold: read my thread THEORETICAL ASPECTS OF GOLD at GIM. |
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Dec 18 2009, 11:00 AM
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#29
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
remember not everyone bought in dollars, I bought in Euros for example. Not much of a drop.... GOM, I have nothing but good hopes for your investing. But, guess what, you'd have been better off moving into US$ and C$, like me. And if you can get the Put-buying right, you can do even better than I have. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 11:01 AM
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#30
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 7,821 Joined: 3-March 08 From: Fort Knox Member No.: 1,591 |
Are 24K having moderation "issues" already? As I wrote, something went nuclear. Hence, not many traces of it: http://www.24knews.com/viewtopic.php?f=2&t=125 QUOTE * Report this post
* Reply with quote Say Bye Bye Postby Ziknik » Thu Dec 17, 2009 11:27 pm Thank you very much to Pixel8r & his team for a wonderful forum. I've very much enjoyed my stay here and hope to see you all in the future. Wishing you all the best for the future. Bye Bye Ziknik User avatar Ziknik Donator Donator Posts: 58 Joined: Sun Dec 06, 2009 5:28 pm * Private message * E-mail Ziknik Top * Report this post * Reply with quote Re: Say Bye Bye Postby Pixel8r » Thu Dec 17, 2009 11:52 pm Ziknik wrote:Thank you very much to Pixel8r & his team for a wonderful forum. I've very much enjoyed my stay here and hope to see you all in the future. Wishing you all the best for the future. Bye Bye Ziknik I am sorry to see you go, I guess the issues with swampy are to much for some. I will refund your donation if you like, just send me a PM. "Two powerful forces, paper money and gold, are now locked in mortal combat. The combatants, however, are proxies for far more fundamental forces. Paper money is a proxy for private banking and government power—and gold is a proxy for freedom." - Darryl Robert Schoon User avatar Pixel8r Founder Founder Posts: 313 Joined: Fri Dec 04, 2009 4:16 pm Location: UK * Private message * E-mail Pixel8r * Website Top * Report this post * Reply with quote Re: Say Bye Bye Postby Guest » Fri Dec 18, 2009 12:24 am It's the deletion that was the issue. Nothing to do with swampy, he can fight his own battles, it's not my personal business. Re the donation: I'm quite happy for you to use it towards the costs of this site. Nothing has changed on that front. Guest Top * Report this post * Reply with quote Re: Say Bye Bye Postby grumpy-old-man » Fri Dec 18, 2009 10:18 am Ziknik wrote:Thank you very much to Pixel8r & his team for a wonderful forum. I've very much enjoyed my stay here and hope to see you all in the future. Wishing you all the best for the future. Bye Bye Ziknik ziknik, I posted the text below in the swampy departed thread, but only logged in members can see it. It was in reply to Pixel8r's last post. Cheers, GOM. "I wouldn't have had swampy down as a liar. Also you sending him a final pm through the sites software titled "bye bye idiot" I find incredible. I have seen the personal messages you sent. You should not have deleted his posts, nor should you have banned him by IP. You have handled this worse than Bubb et al imo Pixel8r........ as lowrent so aptly said: absolute power corrupts absolutely. There is nothing more to say on the matter. I won't be posting any more on this site, hiow can I. This is worse than GEI from a moderation pov. Also, going for donations & google ads within days of setting up a new site is not the way forward imo. ziknik, respect from GOM & swampy. Others who commented........thanks also." -------------------- “Currency Produced Cost-Push Hyperinflation” vs “Demand-Pull (non-hyper) Inflation.”
The "no income --> no inflation"-thesis is as wrong as the "price control --> inflation control"-thesis. Don't TRADE gold! You might lose your shirt in the biggest bull run ever. That would be embarassing. © possibly by Swampy ![]() Gold, silver, property, currencies, commodities charts. When to finally sell gold: read my thread THEORETICAL ASPECTS OF GOLD at GIM. |
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Dec 18 2009, 11:02 AM
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#31
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
GOM, I have nothing but good hopes for your investing. But, guess what, you'd have been better off moving into US$ and C$, like me. And if you can get the Put-buying right, you can do even better than I have. I definetly won't make as much money as you BUT I am 99.9% sure that I am totally safe & protected as best I can, & that's what matters for me. |
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Dec 18 2009, 11:06 AM
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#32
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 7,821 Joined: 3-March 08 From: Fort Knox Member No.: 1,591 |
It is very clear to everyone who is wearing the egg right now, even if most of the FOPPs are hiding on the other website.
-------------------- “Currency Produced Cost-Push Hyperinflation” vs “Demand-Pull (non-hyper) Inflation.”
The "no income --> no inflation"-thesis is as wrong as the "price control --> inflation control"-thesis. Don't TRADE gold! You might lose your shirt in the biggest bull run ever. That would be embarassing. © possibly by Swampy ![]() Gold, silver, property, currencies, commodities charts. When to finally sell gold: read my thread THEORETICAL ASPECTS OF GOLD at GIM. |
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Dec 18 2009, 11:06 AM
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#33
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
Not all CIGAs are that childish Bubb. The PBPP (Paper Bug Pied Pipers) just have a short term/trader view, that's all (always the same "problem"). I enjoy some images of JS as a Piper, but I think it fits his behaviour so very well. Beyond that, I do feel like some of the mud thrown in my direction needed to be returned. (Such a return fits a deeply ingrained sense of symmetry and fairness that is built into me.) I actually thought some mild teasing involving Sinclair's image and role, would be less devisive than picking on individual FOPPs. (GOM's an exception, he likes his role as a sort of court jester, and mixer-upper here. And I nearly always find him more amusing than abrasive. But if he throws eggs, he needs the odd egg or mud in return - or he may morph into something worse.) -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 11:09 AM
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#34
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 7,821 Joined: 3-March 08 From: Fort Knox Member No.: 1,591 |
At least now you are not amongst the worst moderators any more. GOM, believe me, if you were a site owner you would either run exactly into the same problems (and would be "shocked" about yourself -------------------- “Currency Produced Cost-Push Hyperinflation” vs “Demand-Pull (non-hyper) Inflation.”
The "no income --> no inflation"-thesis is as wrong as the "price control --> inflation control"-thesis. Don't TRADE gold! You might lose your shirt in the biggest bull run ever. That would be embarassing. © possibly by Swampy ![]() Gold, silver, property, currencies, commodities charts. When to finally sell gold: read my thread THEORETICAL ASPECTS OF GOLD at GIM. |
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Dec 18 2009, 11:09 AM
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#35
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Centurion ![]() ![]() Group: Members Posts: 201 Joined: 8-January 09 Member No.: 2,714 |
Actually, Mike, the aggressive actions/reactions is often a pretty important indication of a major top ! Remember UK property in 2007? By major top do you mean a once in a generation high or do you see gold going higher in a couple of years? I am not that bothered about the price of gold as I hold it as a hedge against inflation and or currency devaluation but I would be disappointed if it fell back to $250 because I would lose quite a bit. I bought about a third of my gold in 1999 at an "astonishingly low" price and the rest I bought at prices between $800 and $920. I actually bought and sold some gold between $450 and $630 and wish now that I hadn't had to sell it as I only did so because I was going through a bad patch. Personally I think we will see inflation in the US and the UK within about 2 years and gold will be effective at protecting investors in this scenario. I admit that I could be wrong and think there is a 30% chance that I am wrong. I remember when we thought $1000 was a distant dream. It has done very well in the last few years but I will stick with it a bit longer. |
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Dec 18 2009, 11:12 AM
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#36
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 6,583 Joined: 16-June 08 From: The Southern Alps Member No.: 1,944 |
I definetly won't make as much money as you BUT I am 99.9% sure that I am totally safe & protected as best I can, & that's what matters for me. I'd guess that a lot on this site would agree with you... that in the long term your investment will do very well. I never quite got why fopps [followers/ friends of...] couldn't appreciate that there are "different strokes for different folks". A strategy that suits one person, might not suit everyone... even though the end goal is quite similiar. I wouldn't mind seeing some of the old fopps back posting... less dogmatically, and with more tolerance of differing [not necessarily opposing] views. -------------------- Modern fiat money "shorts" the currency, and is backed by debt. The debt is real. A debt deflation will lead to a prolonged period of deleveraging, where the short-covering of currencies will strengthen currencies relative to asset prices. At the global level, in the FX market, central currencies will benefit from deleveraging at the expense of peripheral currencies. Due to instability and uncertainty, gold will benefit against all currencies as it continues to be monetized.
Hold on to your hats for hyper-deflation, where cash is king, and gold is the king of cash. |
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Dec 18 2009, 11:15 AM
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#37
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
By major top do you mean a once in a generation high or do you see gold going higher in a couple of years? I am not that bothered about the price of gold as I hold it as a hedge against inflation and or currency devaluation but I would be disappointed if it fell back to $250 because I would lose quite a bit. I bought about a third of my gold in 1999 at an "astonishingly low" price and the rest I bought at prices between $800 and $920. I actually bought and sold some gold between $450 and $630 and wish now that I hadn't had to sell it as I only did so because I was going through a bad patch. I really do not know yet (to be honest.) But probably a top which needs a correct to at least $1000-1050 over several months, and maybe even much lower. I have an idea of what I will be watching for my next buy signal. And I hope it works better in 2010 or 2011. I got a very low confidence buy signal in August-Sept, 2009, so I hope the next one is stronger or easier to detect. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 11:15 AM
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#38
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Tri-Centurion ![]() ![]() ![]() Group: Members Posts: 370 Joined: 17-March 08 Member No.: 1,680 |
?? To be honest, GOM. I havent a clue what you are talking about. Are 24K having moderation "issues" already? I considerered dropping in, and tossing some mud around there. But after about 10 minutes the idea passed, as I realised I had better (and maybe more profitable) ways to spend my time. And I also began to notice some of my favorite GEI posters happily posting here, and thought - we may lose a few good ones, but I reckon we will keep a solid core, and grow into an even better website than before, Yes they are. Not surprisingly it revolved around Swampy. So far as I could tell, he was misrepresenting Pixel and (whether delibrately or not) making him out to be inept and untruthful. Whatever. To be fair, I think Pixel is trying hard to create the kind of site he wants and why not. Swampy is clearly a bright guy but his ego is massive and wherever he seems to post the site inevitably ends up being about him. He shoud set his own place up rather than slating the sites of others. GOM I know you disagree with this, but I feel strongly that the site owner has every right to run his forum as he wants it. Clearly if he becomes trigger happy he will lose posters but equally inertia is no answer. It's a shame in one sense that a new site has had to come about, but I think it will work well. Both owners have a clear idea as to the kind of forum they want and so I expect there to be a lot less mud slinging going forward. |
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Dec 18 2009, 11:16 AM
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#39
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
GOM, believe me, if you were a site owner you would either run exactly into the same problems (and would be "shocked" about yourself Agreed. Moderation is no treat. I tried "amazing tolerance" for a long time here, and it came to be abused, especially when I was asleep. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 11:18 AM
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#40
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 7,821 Joined: 3-March 08 From: Fort Knox Member No.: 1,591 |
especially when I was asleep. The rats are dancing on the table when the Piper is asleep. -------------------- “Currency Produced Cost-Push Hyperinflation” vs “Demand-Pull (non-hyper) Inflation.”
The "no income --> no inflation"-thesis is as wrong as the "price control --> inflation control"-thesis. Don't TRADE gold! You might lose your shirt in the biggest bull run ever. That would be embarassing. © possibly by Swampy ![]() Gold, silver, property, currencies, commodities charts. When to finally sell gold: read my thread THEORETICAL ASPECTS OF GOLD at GIM. |
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Lo-Fi Version | Time is now: 6th September 2010 - 11:32 PM |