Search found 246 matches

by mannfm11
Sun Oct 12, 2008 3:06 am
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 405712

Re: Inflation, deflation, gold and currencies

I think interest rates are going up. The Fed and Eurobank are forcing money into the system like the problem can be solved that way. But, we don't have a money shortage, we have a capital shortage. The whole problem is the banks lost their capital and they have lost a lot more of it than most of the...
by mannfm11
Sat Oct 11, 2008 4:37 pm
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 405712

Re: Inflation, deflation, gold and currencies

There are some holes in your readers theory John, but much of it is correct. For one, Weimar Germany didn't buy anything with its marks it printed, which escapes the people who keep bringing up. They were merely buying gold with printed marks and paying France. Your post of the Bubble that Broke the...
by mannfm11
Sat Oct 11, 2008 4:00 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15427069

Re: Financial topics

I hate to post back to back here, but I can see where Higgenbotham is coming from. The first day I was speculating as a SPX trader in 1997, the Dow was somewhere around 8000, the SPX was 916 (I remember clearly my first trade was 916 out of curriousity) and the Nasdaq was about 1700. That was Novemb...
by mannfm11
Sat Oct 11, 2008 3:04 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15427069

Re: Financial topics

Here is my two cents. For one, yesterday wasn't a key reversal day , which is an outside day followed by an inside day or something of that order. Yesterday was a day where a new interday low was made and a new closing low was made, continuing the downtrend. I am beginning to wonder if the computer ...
by mannfm11
Fri Oct 10, 2008 12:07 am
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 405712

Re: Inflation, deflation, gold and currencies

Sorry about double posting here, but I am going to back John up. Some of you guys have probably seen me write somewhere on the net and know my position. I don't blame anyone for holding gold, but I feel it is speculative as well. The 1929 price was $20 and something per ounce. Check out the prices o...
by mannfm11
Thu Oct 09, 2008 11:30 pm
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 405712

Re: Inflation, deflation, gold and currencies

John, if this is your website, I find it as informative as any I have found. Thanks for your work on this subject. Not much can be proved and this is kind of like Elliott Wave, which is also a generational theory of sorts. I have written for a long time on the Prudent Bear board and my opinion on go...