Posted on 11/17/2016 10:01:43 AM PST by Right-wing Librarian
Imagine, a bunch of goldbugs predicting a dollar crash...
I posted these names for those who wish to pursue their reading and research. It is sad that some wish to dismiss out of hand some very astute economists and those with advanced degrees in mathematical or statistical analysis. It is certainly your choice to do so.
In other words, you can’t support your nonsensical doom so you’ll admonish me to get educated before running away. No wonder you’re not interested. Defending nonsense ain’t easy.
Many people don’t realize that about the non-Federal Federal Reserve.
Didn't Goldman Sachs and JPM just buy 300 tons of gold because they know that "something's about to happen?"
This kind of crap reminds me of what PT Barnum had to say....
LOL. I will choose where and to whom I will do explaining. Your demeanor is indicative of my choice not to bother with you. I’ve provided names of excellent people who can go in depth to provide that which you seek. As I said before, I’m not interested in dealing with YOU or anyone who comports themselves as you have here. Continue with your silly insults. They will be of no avail.
You wrongly assume I dismiss them out of hand.
Rather, I looked at their writings over the last 5 years (at least those that I could find - Willie doesn't even show up on a Google search) and they are simple doom-merchants and almost uniformly wrong - prediction after prediction.
How many times since 2011 do you think Hunter and Holter have predicted the collapse of the markets and the dollar and the rise of gold?
The day may come when they are right, but their answer to any question always seems to be the same.
Again, the fact that the dollar is at a 13 year high and you're complaining about how weak it is indicates that you should consider some new sources of financial information.
Maybe your sensibilities are too delicate for debate. Maybe you have no idea what you're talking about. Perhaps you need a safe space....or a tissue.
How do you figure?
LOL enjoying yourself? LOL
He’s using Willie Logic!
“The dollar just hit a 14 year high!”
So you believe a dollar today buys more than a dollar bought 14 years ago? Really?
Per dollartimes.com it takes $1.34 today to buy what one dollar could buy in 2002.
The US dollar has lost more than 1/4th of its value in the last 14 years.
It is good to know that you did check them out and read their writings, seminojo. I respect your opinion and take on this because you did check them out.
Since 2008 these are unchartered waters, and it is next to impossible for anyone to predict with certainty, since they are not in the mix of players. No one knew what actions they would choose to take in the ensuing years, and the impact of those financial moves. They offer their best judgement, their best “take” on the financial situation, here at home and also abroad. Yes, they may eventually be correct...or not. No one really knows. We just do our best to read and consider information, and make our best judgments.
US DEBT REJECTION HAS BEGUN!
Since then the yield on US treasuries has risen on every maturity over 2 years.
Is there any level of failed predictions from these guys that would make you pause and reflect?
I believe Dr. Willie refers to his projections not as failed, but as delayed. What he says makes sense to me because fiat dollar printing has never worked out in the long run. Monetizing the debt is ridiculous. Yes, other countries are doing the same thing, and that makes the whole scenario much more interesting and difficult to predict an endgame.
I should say, ...to predict the timing of the endgame. It will not end well, unless President Trump pulls a rabbit out of a hat, so to speak....which he may indeed do.
The Fed stopped expanding their balance sheet in October 2014.
The damage has already been done.
As indicated by the dollar’s rally against major currencies around the world.
Time will tell.
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