RE: Stepping Back From Worldwide PanicI believe TUO is a great investmentwith huge potential, but:
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IMHO, deflationary slide is going to be short lived: I consider it the water leaving the beach before the tsunami arrives. Why? This is a managed economy and the TPTB (the powers that be) have fired off all their salvos at once in a desperate attempt to direct perception and we can see the results. It won't last. Money supply - https://nowandfutures.com/key_stats.html , shipping is a good indicator of activity in the economy and it's turning up - https://www.investmenttools.com/futures/bdi_baltic_dry_index.htm , The predicted collapse - https://www.leap2020.eu/GEAB-N-57-is-available-Global-systemic-crisis-Fourth-quarter-2011-Implosive-fusion-of-global-financial-assets_a7640.html
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Loses in the market reduce price while borrowed money is repaid – a forced sell. A forced sell is bargain buy – buyers market. Recently I believe all of TPTB are on record announcing that they will provide whatever is required. So any deflationary influence from that is temporary. Personally, I have never witnessed deflation. If the government says I did, I don't believe them – it is smoke and mirrors.
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Copper prices: that's a good one. Didn't the biggest silver short in the world buy half of LBMA's copper last fall (approx $1.6 billion worth). JPM bought it and predicted a price increase for this year. It's supposed to be an investment I guess. I think rather it is one of the salvos just fired.
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Putting money in a mattress may have been a good idea when it was gold backed but today? Soon everyone will realize it is a mistake to do that today.
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The euro problems are not as big as the U.S.'s. It is a distraction from problems on this side of the Atlantic. If you want to make you problems seem smaller the look at someone else's.
I won't sell either at a point I'd havebeen eager to enter a week ago. This too will turn and maybe soonerand quicker than I expect.
Gold is real, money is paper and apromise. I suspect it's that promise TPTB are trying to upho
I'm not here to nitpick just my as Isee it comments on your post redrum.