Posted on 11/29/2006 5:30:58 PM PST by GodGunsGuts
The deficit is still monstrous, and the public debt is astronomical. If anybody loses control of this at any time it could go the way the gold bugs' nightmare has it.
Looks like roughly 25%.
It is necessary IMO to be analytical about what the government (hear meaning the Fed, which is private but empowered by government) is doing. At best, the eyes of most people glaze over within two minutes after most economists begin speaking, at least if they are demand-side theorists as those at the Fed are. Presently, the Fed is attempting to control all aspects, sector by sector, of the economy, but is doing a very bad job of it. It is as if we have turned the economy over to academic intellectuals, because they have convinced everyone the subject is too technical for anyone else to understand, and we are all doomed unless we allow them to do as they wish. That should be stopped, and the Fed should be required to do only one thing: provide currency with stable value.
see post #182. Looks like HUI DOES match the YTD return for gold. Not sure what you are saying.
The HUI and Gold bullion are pretty close year to year. Although, the HUI outperforms gold over the last five years. Plain Talk: Are you honestly telling me that you didn't know that the HUI is a gold stock index?
Are you sure about that???...And this time, given the state of the USD and global instability, I would argue than there is more potential than ever for a massive surge between now and Dec. 31.
Yeah. Okay.
The Irish Punt looks good.
/ sarc
For individual investors, it doesn't work the same as a game that requires a punt. If you understand the fundamentals of any market, you can make money no matter which way the economy is headed.
Nobody is sure about anything. But with 11/12 of the year gone a 51% pick is more likely to beat a 24% pick on YTD return.
You can chart it yourself. Any number of them. FXI is one.
Now that you have acknowledged that you are margined 5:1 we can all see that you are not interested in rational discussion by which yopu would easily lose with 11/12 of the year being gone You are simply trying to hype your pick for personal gain. Pretty sleasy tactics. Get lost scumbag.
The black line in Toddters chart represents the price of gold bullion.
I still can't figure out for the life of me why people like you react so negatively to people who trade on margin. It's a personal choice, and harms nobody (except maybe myself). No amount of hype on this website is going to make a dimes worth of difference in terms of the price of gold. Should I be equally upset that you are "hyping" your investment in China's Communist dictatorship? Never mind. Your request is granted (and right back at you, hypocrite!).
Don't post while drinking, it just results in posts like your last one.
BEFORE
AFTER
The Communists are terrible and I can't wait until they're on the trash heap of history. You're not blaming our trade for their abuse, are you? Did they torture and kill their own people before they got PNTR status?
No, the Communists are responsible for their own actions. Our nation is responsible for being complicit. And both nature (and nature's God) will most surely judge our nation for putting profit above our Judeo-Christian principles. To whom much has been given, much is required...
"20 Then Jesus began to denounce the cities in which most of his miracles had been performed, because they did not repent. 21"Woe to you, Korazin! Woe to you, Bethsaida! If the miracles that were performed in you had been performed in Tyre and Sidon, they would have repented long ago in sackcloth and ashes. 22But I tell you, it will be more bearable for Tyre and Sidon on the day of judgment than for you. 23And you, Capernaum, will you be lifted up to the skies? No, you will go down to the depths.[d] If the miracles that were performed in you had been performed in Sodom, it would have remained to this day. 24But I tell you that it will be more bearable for Sodom on the day of judgment than for you."
--Matthew 11:20-24
Complicit? How so?
Would you invest in Nazi Germany after learning learning about Hitler's Final Solution? Would you have invested in the Soviet Union, after learning about the mass deportations, gulags and genocide? Would you do business with with Pol Pot's Cambodia? Would you sell fertilizer to Timothy McVeigh? Are you doing business with Hugo Chavez' Venezuela? Iran?
C'mon Toddster. Let's not play games. There are times when you simply have to draw a line in the sand, no matter how tempting the potential benefits on the other side.
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