Are we headed for a crash?

[drsteph]

Quote from Spectre2007:

<snip>

With the trend of savings funneled into government bonds and being risk averse. A bear market trading range for the future in equities. this creates inflows into government debt, creating the last bubble if government expenditure still maintains present levels, foreign debt financing will become less, creating a situation where the bond market gets decimated similar to equities, increasing borrowing costs that trickle down to everyone. In this type of situation paper money will become paper, as asset deflation progresses, GOLD will get decimated, until hyperinflation becomes blatantly obvious. Gold only becomes a safe haven only at the start of hyperinflation visibility. Then price action in the commodity will propel it higher and higher.

The end result of all this is, 'conservitization of the american consumer', where we get back to fundamentals and create products of worth to the world, instead of moving paper in a ponzi scheme.

That, sir, is a very astute observation which I agree with. The only question, is the timing. I do find myself fighting the urge to buy treasuries myself, with the realization that I will undoubtedly lose sufficient purchasing power to inflation to regret my action long-term.

Not that there might not be a beauty of a rally in the bonds before that happens, though.

 

[brettman9]

boy i hope there isn't a lot of this sort of thing on this site

 

[brettman9]

Obviously, above remark not aimed at you, DrSteph

 

[Cassandra]

Dokker High-Diggah, you's bein' a on-to-low-gician an' all, ah be tinkin' mebbe yo' wants ta no whut de real coun' be heah. Ah knows hows menny be de alley-asses done voted "yas"! Yo' be askin' nice-like, mebbe ah be tellin'. An nes time, doan be so shua yo' be gittin' de strate dope on ET 'pinion in a pole!

 

[heidegger]

Quote from Cassandra:

Dokker High-Diggah, you's bein' a on-to-low-gician an' all...

Actually, I'm not Doctor Heidegger - he daid! He in de box! I'm his long-lost grandson, Hans. My dad, Heinrich, was born to Hanna Arendt and Gunther Stern in '34 but Gunther wasn't the father; my dad was a love child of Hanna and Dr. H. It's a long, complicated, completely untrue story, so I won't bore you with any more of it.

You suggest the voting isn't 100% legit. Are you suggesting that some ET people aren't completely, utterly honest? What next: Some politicians are dishonest? Some businesspersons are dishonest? Some lawyers? Look inside, and draw strength from that peaceful centre of your being; cast off these dark thoughts and walk in the light of the knowledge that we are all one with each other and with the universe.

By the way, I dropped out of school after failing grade 3 seven times so I don't know a lot about statistics, but shouldn't the ratio have held aroud 64/36 - where it was after 100 votes?

 

[brettman9]

Quote from heidegger:

shouldn't the ratio have held aroud 64/36 - where it was after 100 votes?

wouldn't say it's a statistical error on your part...

my guess is people voting today were coming off a day away from the market. Relaxation. A little perspective. People voting yesterday more likely to still be wearing some of it's recent emot. tone.

 

[Cassandra]

Bin you'd a watchin', you'da seed dat de sco' be thuttyfo' fo' an' twennyto agin yesd'y atternoon. Din all's a suddin, de yas gwines ter fittyto. (Dat be et-teen vote mo'.) Suspiricious like. Ah tinks et-teen a-lee-ass done skrewered de sadistics! Dass jist ma 'pinion. But hoo hear gots dat minny a-lee-ass? Dunno.

 

[trader225]

Quote from Cassandra:

Bin you'd a watchin', you'da seed dat de sco' be thuttyfo' fo' an' twennyto agin yesd'y atternoon. Din all's a suddin, de yas gwines ter fittyto. (Dat be et-teen vote mo'.) Suspiricious like. Ah tinks et-teen a-lee-ass done skrewered de sadistics! Dass jist ma 'pinion. But hoo hear gots dat minny a-lee-ass? Dunno.

Cassandra! Welcome back.
Missed you since the extraordinary delusions of ET thread.

 

[Cassandra]

Stuff it bakkin yo paints, whate boy! We be not impress wid whut de lacks uh yew annat jewboy Bercrakkie dun tooda 'conomy! Fo long alla y'alls gwine be partada cash 'conomy lack moi! Y'all be trine ta tekk ma spess onna stritt cornah way fum me ta sell appials!

 

[trader225]

Quote from Cassandra:

Stuff it bakkin yo paints, whate boy! We be not impress wid whut de lacks uh yew annat jewboy Bercrakkie dun tooda 'conomy! Fo long alla y'alls gwine be partada cash 'conomy lack moi! Y'all be trine ta tekk ma spess onna stritt cornah way fum me ta sell appials!

Yes, Ma'am!