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gravity always wins

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Everything posted by gravity always wins

  1. Nope its the actions of the banksters and politicians that have the real effect. The horders merely decide what to save depending upon the actions of the aformentioned. Things go in cycles we have had the spending part of the cycle - fiananced by the credit spree now it is time to save. Maybe if we had a more stable monetary system the two would not operate so violently against each other. Besides haven't the population spent enugh already? Don't we won't some savings in this country? Its time to move away from senselss consumption, so I for one am not sad about savers having a greater effect on the economy at this stage in the cycle.
  2. Doesn' t sound like much of a bubble to me yet. How foolish of the Chinese state to build things people might need in the future. They should have just carried on financing western deficits t'ill the end of time and making no attempt to raise the living standards of its people.
  3. what a scary place to be! At least you now realise! Oh the irony RB sweating on his paper dollars as The GOLDEN one makes an all time high. I hope the paperwork doesn't get stuffed up as the dollar is looking a little bit squiffy.
  4. History says you are wrong! You are failing to take in to account the supply of the monetary unit. Nor are you taking into account the possibility that hoarders of expanding paper currencies may choose to hoard commodities instead of other currencies regardless of wether they intend to use them immediatly or not its called savings. Savings can be made in a variety of different assets depending upon the faith in these assets.. There is no right or wrong inflation there is an inflation of the money supply which causes a rise in prices. It really doesn't matter what the demand is for commodities when the demand for the unit of exchange they are measured in falls relative to its supply. Its a two sided equation unless you are a complete ****** (insert your your words)
  5. Arcane - it's a joke! The best thing is they get to make the numbers up in the first place. Gavyn Davies - wasn't he one of Gordons closest economic chums - things haven't turned out well really have they? But it's good some people are still listening - good for Gavyn anyway. Wasn't his wife Gordons press secretary as well!! Good to know just who and what we are talking about!
  6. If you have anything useful to add I will debate with you. If you are going to continue with your childish personal attacks then you know what you can do.
  7. Maybe you could repost that over a longer timescale say from 2000 to present
  8. Well no actually it was never confiscated at force by anti terror police some gold was handed in but most wasn't and only a hnadful ever got prosecuted not quite the threat of violence as intimated by the poster. Obvioulsy I was aware of 1933 as I am it was a truly deflationary period which can only occur under a gold standard gold was shortly afterwards revalued upwards and goldminers did rather well compared to the Dow. Nice cut n paste though
  9. Will they come for my goldmining stocks do you think? Perhaps I should buy Google instead and just stick with the flock!
  10. Yes this does tend to happen a lot. I can't think of any instances where this has happened but I am sure you are right and not a complete loon.
  11. Yes.... I shall buy more gold. TBH I don't give a sh*t about house prices in the UK they won't go up in real terms for a decade. I don't really look at house prices in nominal terms anymore in my world we have been in a housing crash for years now!
  12. Its a mess all right but its got nothing to do with capitalism. Japan is a socialist country the West is a socialist disaster as well had we had real capitalism then we would never have got in to quite such a mess. This is the end of Socialism and the start of an era of capitalism unless the Socialists totally destroy everything and we end up fighting each other. The socialist state and banking systems need each other to bribe us with more debt issued by the banksters at interest.
  13. More money chasing less goods in are we approaching a crack up boom in Japan?
  14. Japan has the largest debt to GDP ratio in the Industrialised world its GDP going forward has to plummet which IMO means its just gone broke as its economy technically will be unable to repay its loans. Its got a massive fiscal deficit which is likely to get far worse as the tax take will be down as it has to try to repair the damage. Its savers have run out of cash and its ageing population wants to cash in their Govt bonds to finance healthcare costs just at the time when the Govt will be in the market for more debt. IMO this has tipped Japans finances past the point of no return (it was going to go that way anyway IMO). I'd love to hear a more bullish case for Japan but it looks gloomy to me - not forgetting ultimately we are all in the same boat. Oh and bad for UK house prices as less liquidity going forward and rising rates. Massive coordinated global printy printy is possibly on the cards now. - maybe.
  15. Nobody would want their main product that earns them the big bucks producing something out of nothing and then charging us for the pleasure. Having said that a central bank with gold cannot go bust technically . Its a moot point really. Volker was able to raise rates once the Fed had been saved by rising gold prices in 1979 gold/mzm ratio external debt equilibrium. We shall soon see if the Fed can get away with it again.
  16. No, I typed it coz you are not in my living room, D'oh. Are u hearing voices? I am worried about you! That'll be a no then!
  17. Saudi Police fire on protestors today and so it begins. Maybe the future oil price might do for the dollar and stocks all in one go.
  18. Problem with the military stance is if the USD implodes then the US military is going to have a lot of problems filling up its fuel tanks a strong military needs a strong currency.
  19. I was trying to find out what your view was as I infered from your previous post that you knew more than you were letting on, but I am genuinely interested in your different point of view how you see thing playing out. Its difficult to debate without knowing what the other side actually believes.
  20. Also the rest of Asia, Africa and South America. Whats that 4-5 billion people. Its this constant assumption that the rest of the world still needs us they really don't.
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