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Zr1Trader
 

Registered: Dec 2010
Posts: 1540

 

04-15-12 08:13 PM


Quote from m22au:

I agree with most of what e92335i08 has written, but the problem with buying land, some guns, some gold, and a lot of fertilizer is that we don't know when the end game will occur.

For all we know, the Fed could continue to kick the can down the road for another 10 / 20 / 30 years, and it may have been better to have a different investment strategy in that period.

For what it's worth I am long gold.



In the documentary "Trader"1987 they had very worrisome concerns of too much debt at that time and systematic effects. Here we are 25 years later still kicking the the can lol.

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newwurldmn
 

Registered: Apr 2011
Posts: 2628

 

04-15-12 08:16 PM


Quote from Zr1Trader:

In the documentary "Trader"1987 they had very worrisome concerns of too much debt at that time and systematic effects. Here we are 24 years later still kicking the the can lol.



And in the meantime had a period of wealth creation never seen in the history of humanity.

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Zr1Trader
 

Registered: Dec 2010
Posts: 1540

 

04-15-12 08:27 PM


Quote from newwurldmn:

And in the meantime had a period of wealth creation never seen in the history of humanity.



Yeah I get what your saying but Wealth isn't created or destroyed, just transferred. Joke is on the rest of the world until one day it isn't.

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newwurldmn
 

Registered: Apr 2011
Posts: 2628

 

04-15-12 08:43 PM


Quote from Zr1Trader:

Yeah I get what your saying but Wealth isn't created or destroyed, just transferred. Joke is on the rest of the world until one day it isn't.



Wealth is absolutely created. We used to be cavemen and now we all live in houses with cars, computers, etc. That's wealth creation. But it's not happening via trading futures, options, or other securities using 10 minute charts.

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mm19
 

Registered: Apr 2012
Posts: 185

 

04-15-12 09:50 PM

wealth creation by stealing from savers via stimuluses.

that is not productive as there was no value added.this cant be repeated as there is not much to take any more.

hope that it will be just fine, like other times, is not valid.

definitely step towards end of this establishment. not sure what comes after though.. big boys have to agree first.

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