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Finance & Stock Groups Forum Index » Stock Investments » Two Things You Need To Know
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| Author |
Message |
| Don Tiberone |
Posted: Wed Nov 26, 2008 3:11 am |
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Guest
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http://jsmineset.com/index.php/2008/11/19/two-things-you-need-to-know/
Dear Friends,
There are only two things you need to know:
1. Hyperinflation takes birth and is currency-visible during major
economic upheavals. There is NO historical truth that business
recovery is a necessary criterion to transmute massive increases in
money supply into hyperinflation.
2. What has been the major cause of the transmutation of massive
liquidity into hyperinflation has been one form or another of
Quantitative Easing combined with a loss of confidence in the
inflator.
Quantitative Easing does not sterilize its offspring - violent
inflation. We will see this offspring not in the far future but in
2009, 2010, 2011 and maybe much further.
It is akin to the Japanese Sci-Fi out of the 70s titled The Green
Blob That Ate The Earth. It just grew and grew until it consumed
everything.
For the moron financial TV hosts claiming that major inflation is well
down the road because inflation requires a business recovery to occur,
tell them to review:
Angola 1991-1999
Argentina 1981 1992
Belarus 1993 2008
Bolivia 1984 1986
Bosnia Herzegovina 1992 1993
Brazil 1986 -1994
Chile 1971 1981
China 1948 1955
Georgia 1993 -1995
Germany 1919 -1923
Greece 1943 1953 At the high point prices doubled every 28 hours.
Greek inflation reached a rate of 8.5 billion percent per month.
Hungry 1944 1946
Israel 1971 1985 (price controls instituted)
Japan 1934 1951
Nicaragua 1987 1990
Peru 1987 1991
Poland 1990 1994
Romania 1998 2006
Turkey 1990 2001
Ukraine 1992 1995
USA 1773 not worth a Continental
Yugoslavia 1989 1994
Zaire 1989 present (now the Congo)
Zimbabwe 2000 to present. November of 2008 inflation rate of 516
quintillion percent |
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| Rich Uncle |
Posted: Wed Nov 26, 2008 6:15 am |
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Guest
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According to my old crystal ball, the two things you want to know
are:-
1. Dow 32000 in the third year of POTUS XXXXIV; and,
2. Gold @ $2,000 per Troy oz. will be reached. |
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| Guest |
Posted: Wed Nov 26, 2008 6:35 am |
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On Nov 26, 12:15 pm, Tony <T...@TheDeli.Sandwich> wrote:
Quote: Unemployment will skyrocket in America before any hint of inflation takes
place. America will implode just like Japan did with massive deflation.
There will be a balancing act. The dollar is going to go down, so
prices of imports will rise. This includes things like food because
modern farming consumes a lot of oil. Real estate will go down.
Wages stagnant with lots of job loss. So this doesn't fit into the
classic inflation/deflation scenario. Some sectors go up, some down.
Net result is a decreased standard of living.
Eventually there will be a recovery of manufacturing, but that takes
time. |
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| Rich Uncle |
Posted: Wed Nov 26, 2008 8:39 am |
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Guest
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2012 pro.. ? PM?
=================================================On Nov 26, 2:54 pm, ausound <auso...@spambog.com> wrote:
Quote:
_MY_... tha's some ball ya got there mister
I request you write those pronositcations for 2012
on a post-it and stick it to your puter monitor
and get back to us in 3 years and remind us of this moment
if you are right we'll be so damned wealthy we'll all fly to vegas and
celebrate your correctness by painting the town
btw to me the gold chart looks like gold tests $700 in the near term
and would not be surprised if it legs down to $475
but the metals ain't my thing
and surely I'm missing many of the nuances of the PM game
=================================================> Rich Uncle <milburnpennyb...@gmail.com> wrote in news:16d13fae-93c8-4663-
851c-e1ec967a4...@d36g2000prf.googlegroups.com:
According to my old crystal ball, the two things you want to know
are:-
1. Dow 32000 in the third year of POTUS XXXXIV; and,
2. Gold @ $2,000 per Troy oz. will be reached. |
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| Tony |
Posted: Wed Nov 26, 2008 10:15 am |
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Guest
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Unemployment will skyrocket in America before any hint of inflation takes
place. America will implode just like Japan did with massive deflation.
Don Tiberone wrote:
Quote: http://jsmineset.com/index.php/2008/11/19/two-things-you-need-to-know/
Dear Friends,
There are only two things you need to know:
1. Hyperinflation takes birth and is currency-visible during major
economic upheavals. There is NO historical truth that business
recovery is a necessary criterion to transmute massive increases in
money supply into hyperinflation.
2. What has been the major cause of the transmutation of massive
liquidity into hyperinflation has been one form or another of
Quantitative Easing combined with a loss of confidence in the
inflator.
Quantitative Easing does not sterilize its offspring - violent
inflation. We will see this offspring not in the far future but in
2009, 2010, 2011 and maybe much further.
It is akin to the Japanese Sci-Fi out of the 70s titled The Green
Blob That Ate The Earth. It just grew and grew until it consumed
everything.
For the moron financial TV hosts claiming that major inflation is well
down the road because inflation requires a business recovery to occur,
tell them to review:
Angola 1991-1999
Argentina 1981 1992
Belarus 1993 2008
Bolivia 1984 1986
Bosnia Herzegovina 1992 1993
Brazil 1986 -1994
Chile 1971 1981
China 1948 1955
Georgia 1993 -1995
Germany 1919 -1923
Greece 1943 1953 At the high point prices doubled every 28 hours.
Greek inflation reached a rate of 8.5 billion percent per month.
Hungry 1944 1946
Israel 1971 1985 (price controls instituted)
Japan 1934 1951
Nicaragua 1987 1990
Peru 1987 1991
Poland 1990 1994
Romania 1998 2006
Turkey 1990 2001
Ukraine 1992 1995
USA 1773 not worth a Continental
Yugoslavia 1989 1994
Zaire 1989 present (now the Congo)
Zimbabwe 2000 to present. November of 2008 inflation rate of 516
quintillion percent
--
The Grandmaster of the CyberFROG
Come get your ticket to CyberFROG city
Nay, Art thou decideth playeth ye simpleton games. *Some* of us know
proper manners
Very few. I used to take calls from *rank* noobs,
Hamster isn't a newsreader it's a mistake!
El-Gonzo Jackson FROGS both me and Chuckcar
Master Juba was a black man imitating a white man imitating a black man
Using my technical prowess and computer abilities to answer questions
beyond the realm of understandability
Regards Tony... Making usenet better for everyone everyday |
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| ausound |
Posted: Wed Nov 26, 2008 11:54 am |
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Guest
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Rich Uncle <milburnpennybags@gmail.com> wrote in news:16d13fae-93c8-4663-
851c-e1ec967a4008@d36g2000prf.googlegroups.com:
Quote: According to my old crystal ball, the two things you want to know
are:-
1. Dow 32000 in the third year of POTUS XXXXIV; and,
2. Gold @ $2,000 per Troy oz. will be reached.
_MY_... tha's some ball ya got there mister
I request you write those pronositcations for 2012
on a post-it and stick it to your puter monitor
and get back to us in 3 years and remind us of this moment
if you are right we'll be so damned wealthy we'll all fly to vegas and
celebrate your correctness by painting the town
btw to me the gold chart looks like gold tests $700 in the near term
and would not be surprised if it legs down to $475
but the metals ain't my thing
and surely I'm missing many of the nuances of the PM game |
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| Back to top |
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| ausound |
Posted: Wed Nov 26, 2008 8:04 pm |
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Guest
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Rich Uncle <milburnpennybags@gmail.com> wrote in
news:2c7d62cb-d834-475b-a2ff-7cbae3d40251@s1g2000prg.googlegroups.com:
POTUS XXXXIV sworn in jan 2009
your prognostication was for the third year of POTUS XXXXIV
so I counted:
2009->2010->2011->2012 ie; third year of POTUS XXXXIV=2012
get a time stamp for your crystal ball
PM=precious metal
Quote:
=================================================On Nov 26, 2:54 pm,
ausound <auso...@spambog.com> wrote:
_MY_... tha's some ball ya got there mister
I request you write those pronositcations for 2012
on a post-it and stick it to your puter monitor
and get back to us in 3 years and remind us of this moment
if you are right we'll be so damned wealthy we'll all fly to vegas
and celebrate your correctness by painting the town
btw to me the gold chart looks like gold tests $700 in the near term
and would not be surprised if it legs down to $475
but the metals ain't my thing
and surely I'm missing many of the nuances of the PM game
=================================================> Rich Uncle
milburnpennyb...@gmail.com> wrote in news:16d13fae-93c8-4663-
851c-e1ec967a4...@d36g2000prf.googlegroups.com:
According to my old crystal ball, the two things you want to know
are:-
1. Dow 32000 in the third year of POTUS XXXXIV; and,
2. Gold @ $2,000 per Troy oz. will be reached.
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| Rich Uncle |
Posted: Wed Nov 26, 2008 11:06 pm |
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Guest
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Thank you, Sir, for your kind clarifications.
1st year of PUTUS XXXXIV = 2009
In the case of gold, for 3rd year of POTUS XXXXIV, $4,000?
===============================================On Nov 27, 1:07 am, ausound <auso...@spambog.com> wrote:
Quote:
POTUS XXXXIV sworn in jan 2009
your prognostication was for the third year of POTUS XXXXIV
so I counted:
2009->2010->2011->2012 ie; third year of POTUS XXXXIV=2012
get a time stamp for your crystal ball
PM=precious metal
==============================================> Rich Uncle <milburnpennyb...@gmail.com> wrote innews:2c7d62cb-d834-475b-a2ff-7cbae3d40251@s1g2000prg.googlegroups.com:
2012 pro.. ? PM?
================================================On Nov 26, 2:54 pm, ausound <auso...@spambog.com> wrote:
_MY_... tha's some ball ya got there mister
I request you write those pronositcations for 2012
on a post-it and stick it to your puter monitor
and get back to us in 3 years and remind us of this moment
if you are right we'll be so damned wealthy we'll all fly to vegas
and celebrate your correctness by painting the town
btw to me the gold chart looks like gold tests $700 in the near term
and would not be surprised if it legs down to $475
but the metals ain't my thing
and surely I'm missing many of the nuances of the PM game
================================================> Rich Uncle <milburnpennyb...@gmail.com
wrote in news:16d13fae-93c8-4663-851c-e1ec967a4...
@d36g2000prf.googlegroups.com:
According to my old crystal ball, the two things you want to know
are:-
1. Dow 32000 in the third year of POTUS XXXXIV; and,
2. Gold @ $2,000 per Troy oz. will be reached.- Hide quoted text -
- Show quoted text - |
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