Search found 20 matches

by MnMark
Mon Aug 22, 2011 10:41 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

Third, this so called racial flash mob nonsense has been going on for decades. Sort of, but I do think there are some subtle differences. The generational dynamics xenophobia observations seem accurate and xenophobia looks to have arrived in America. A phobia is an unreasonable fear of something. "...
by MnMark
Mon Aug 22, 2011 10:25 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

So believe what you want guys. But what I'm telling you is that if you think that your debts are going to be bailed out by inflation, you're dead wrong, and you will pay for it. John In a book I read on the Weimar hyperinflation I found it interesting that at a certain point the government passed l...
by MnMark
Mon Aug 22, 2011 5:32 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

However, every central bank everywhere knows how to make a fiat currency weaker, just print a bunch of money and buy any crap until prices go up and the currency gets weaker. They could buy up bonds, other currencies, toxic assets, rice, used cars, whatever, and it would work. Yes, but consider thi...
by MnMark
Sun Aug 21, 2011 10:34 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

I try, as much as I can stand, to avoid getting involved in these discussions, because I'm so contemptuous of this total nonsense, and I try not to insult the nice people in my own forum unless I'm really forced to. You know, I'm not sure why you're so contemptuous of people who think we're going t...
by MnMark
Sun Aug 21, 2011 9:27 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

I do not think the mob issue is about race. It is about circumstances and opportunity. If by your circumstances you are fearful, you best not provide the opportunity. Riiiiiiight. The mobs, which are entirely composed of black people, have nothing to do with race. If it was not about race, the mob ...
by MnMark
Sun Aug 21, 2011 9:23 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

I try, as much as I can stand, to avoid getting involved in these discussions, because I'm so contemptuous of this total nonsense, and I try not to insult the nice people in my own forum unless I'm really forced to. Gee, thanks for your herculean patience in responding to my "total nonsense." I did...
by MnMark
Sat Aug 20, 2011 1:34 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

I have to insert a word here for web site readers. This talk about gold is crazy. Gold is currently in huge bubble, and when the bubble bursts, it will fall to well below $500 per ounce. It may indeed go up further from where it is now, but the only way to make money from that is to predict when th...
by MnMark
Fri Aug 19, 2011 3:25 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

Another even later interview: http://www.newsmaxstore.com/newsletters/fir/reports/FIR_16_Templeton.htm Interesting that in that interview, Templeton says (with regard to real estate): "A 50% drop off in prices is quite possible. " Perhaps he backed off his 90% drop prediction. He also said (this wa...
by MnMark
Fri Aug 19, 2011 1:57 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15779014

Re: Financial topics

Back in 2003 legendary investor John Templeton said that real estate was in a huge bubble and his advice on when to buy again was: "After home prices go down to one-tenth of the highest price homeowners paid, then buy." http://www.garynorth.com/public/4690.cfm I remember mentioning that prediction o...
by MnMark
Thu Aug 18, 2011 12:42 pm
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 407969

Re: Inflation, deflation, gold and currencies

Gold is now "flavour of the month" as one of the safe havens and anything is possible including $ 2500 / ounce by the year end. Gold is not a long term investment, but something that can be "milked" now. If you buy gold or gold miners have stop losses in place and watch twice a day. Regards, Richar...