Show-me Account Talk

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Correct! It is coming. History has proved it over and over. Increase debt and increase money supply enough and you will exceed just inflation to hyper inflation.

Borrowing money is similar to printing it and we have borrowed and printed trillions.

The guise of the Fed using trillions of it's reserves to buy US Treasuries and risky mortgage backed securities will come home to roost as inflation or hyper inflation.

It will take a year or two once they world public sees that we have weaken our middle class to the brink of collapse. The upper class will exit the Country and go to Asia, the new home of the new "Industrial Revolution" and new "Consumer Driven Economies".

The wealthy in this Country will be the farmers, for their food to feed the world.
 
Let's not forget that central banks all over the world have interest rates at all time low levels. The US Dollar is only as strong as the other currencies around it so that means much of this dilution is relative.

Sorry, but this is a very biased video. Any movie that starts with Schiff, Faber and Ron Paul are going to be extremely biased towards the fed and gold.

Where are people going to put their money when this current rally goes bust? The US Dollar. Not the Yuan. I'm not agreeing with how the system works- especially the strain medicare puts on all of us- but nowhere in this video was a dissenting opinion presented. This is like putting someone on trial, only presenting the prosecution or defenses case, and then coming to a verdict!

China is a ponzi scheme. Trees don't grow to the sky. Investors planned on houses going to the sky for the past 15 years and now they plan on China going to the sky. If Americans aren't buying 'stuff' anymore, then what is China going to do with these thousands of tons of metal they've imported over the past year?

Friends don't let friends buy and hold unless it's gold I guess. Little bit of a double standard there.

China is currently residing in the Hotel California of US debt. They can check out any time they like, but they can never leave. They stop buying our dollars and then it's time to start worrying, but if they do that, they'll be shooting us in the head just as they bite down on the cyanide capsule.

Good video, but again, I think we need to see a dissenting opinion before we build our bomb shelters.

Good earnings link on encouraging outlooks. The way the market reacted to INTC is telling us something here.
 
alevin said:
It's not just their future-it's also ours, those of us who are still under 60, and maybe those under 70. This thing is going to hit about the time I would normally think of retiring, and this decade isn't going to do much for keeping up with living costs in terms of investment performance, not with the $ interacting with the global economy and market. Savings to pay down debt we can't afford leads to more job losses as the economy slows even further. So they want us to spend, sure sure. Spend now before the $ declines further and buys even less. sure ticket to (hyper)inflation. talk about catch-22. :sick:
Click to expand...

True alevin,

It is our future also and we'll take a hit, but all the decisions I make and have made for the past 22 some years have been based on what impact it will have on my daughter's future. My future is secondary when it comes to her's.

Maybe that's why I get a little agitated, ok more than a little :o, because how it'll affect my daughter. Maybe I'm in the minority here, but her good comes way before mine and anything or anyone that does something that will harm her or her future makes them enemy numero uno.
What can I say, I'm wierd that way.

I'll have my 30/60 in 2014 and I'd like to go also, can I? The way things are going, I'd have to bet no. You hit it right on the head on the Catch-22. I'm out of debt and plan to stay that way, but I also see the need to spend now, while the dollar will still buy something.

So we're trying to buy/make investments that will hold, increase in value or be in demand/short supply depending on the circs. I wouldn't mind precious metals, but at these prices, they'll have to come down in value. Though for the past 10 years or so I've bought her gold jewelry for Christmas, 2 birds with one stone, so to speak. Also made major home improvements, so I'll probably be dead, before it gives out. Bought a litte more land. Make sure our little pond remains stocked

I'm always looking for these type of purchases, cause like you said it is a catch 22. "sigh"
 
It's not inflation that scares me. It's deflation. Deflation is really hard to get out of. Inflation also has a tendency to make people angry - but at least that get's people's dander up and gets them moving(Hey! What's with the Prices??). Deflation makes them melancholic, it's like a heavy cloud; prices are low but you STILL can't afford anything.
 
Those folks in Congress better pick up a STA.

"Prosperity more than peace determines outcome of midterm congressional races." Stock Traders Almanac
 
Show-me said:
Well I took another plung. Doesn't mean I will be successful at it. I will play the Friday Monday game.
Click to expand...

GL Show. I also took the plunge into I fund today, should be interesting to see how it plays out the next few days. I think we may see more downside action in the near-term, but thought it was worth making a quick play in the I fund trying to pick up a bounce...before bouncing to the lilypad. We'll see what happens...could also be a mistake. :cool:
 
Show-me,

You've got style man !!!

I admire that ;) really do.

If I was way up there on the Top of Mt. Everest ~~ no doubt I'll be thrilled to jump in on a really bad day.

I hope you the best !! Would be great to see you end the month at 7% or maybe a little better.

If things go as I'm thinking -- it will all the more look good. I'll tell my wife -- wow the C,S, and I Funds are down - 6% -- the F Fund has like 0.5% and G has 0.4%

and Show-me has over 7% :D:D
 
Hey, not big deal. I took some of Oscar's rules and some from the STA.

Two down days and we might get a pop. If Friday does not finish green I will hold until Monday. If we get a Friday and Monday red, I will freak out because that is a bad omen.
 
Show-me said:
Hey, not big deal. I took some of Oscar's rules and some from the STA.

Two down days and we might get a pop. If Friday does not finish green I will hold until Monday. If we get a Friday and Monday red, I will freak out because that is a bad omen.
Click to expand...

+1, here's to this green :D, and not this green :sick:
 
Re: Risk

Show-me said:
I may pull half off the table just to manage my risk down a bit.:sick:
Click to expand...
I'm watching also, show-me...
- all charts relevant are currently bouncing on their 5Oma's - well off : Semi's, Trans, NAS100, ...DAQ). As for dollar USD bounced off its 200 ma, UUP is falling within within its BB20.
Suggests to me to hold until Monday.:worried:
FWIW.
http://stockcharts.com/h-sc/ui?s=EFA&p=D&yr=0&mn=4&dy=0&id=p55192775979
Check Bollinger's on this one..
(Only hope to help)
VR
 
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