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Don't Americans see it?
- Thread starter studyandtrade
- Start date
Studyandtrade,
You seem to be missing the fact that when goods are cheap----exports increase!!!
If you live in the United States, you only have to look at China to see how well they are doing. Even though, their standard of living is lower----people make more than they used to which would also feed a consumption frenzy.
The fact that US goods will be cheap compared to European goods will help US companies. Our exports will increase and our companies will do better!!!
As any investor, I will be reacting to what the best investment prospects there are in my opinion.
It seems to me that you have a huge position in gold which has gone up quite a bit. Any run up in prices will see some corrections and anyone who does not see that is probably blind.
Prices are a reflection of what it should be at this very point of time----now whether it is over valued or under valued is for the investor to determine!!!
One other thing, if prices are going against you----don't you thing you are wrong?
Being bull headed, I have paid the price when I was wrong and did not change my opinion----the losses sure woke me up!!! I thing you are trying to rationalize your mistakes which will only hurt you!!!
You seem to be missing the fact that when goods are cheap----exports increase!!!
If you live in the United States, you only have to look at China to see how well they are doing. Even though, their standard of living is lower----people make more than they used to which would also feed a consumption frenzy.
The fact that US goods will be cheap compared to European goods will help US companies. Our exports will increase and our companies will do better!!!
As any investor, I will be reacting to what the best investment prospects there are in my opinion.
It seems to me that you have a huge position in gold which has gone up quite a bit. Any run up in prices will see some corrections and anyone who does not see that is probably blind.
Prices are a reflection of what it should be at this very point of time----now whether it is over valued or under valued is for the investor to determine!!!
One other thing, if prices are going against you----don't you thing you are wrong?
Being bull headed, I have paid the price when I was wrong and did not change my opinion----the losses sure woke me up!!! I thing you are trying to rationalize your mistakes which will only hurt you!!!
A weaker currency is good if, and only if, you are a powerful and dominant exporter.
The US is losing its exportability.
Already, the VC's in Silicon Valley are funding startups which---from the very start---have all their technical production capability overseas.
This is simply a transfer of US-capital and wealth to other nations.
Think about it this way. Chad has a weak currency, too.
The US is losing its exportability.
Already, the VC's in Silicon Valley are funding startups which---from the very start---have all their technical production capability overseas.
This is simply a transfer of US-capital and wealth to other nations.
Think about it this way. Chad has a weak currency, too.
Quote from studyandtrade:
I am astonished! The value of the US$ has declined rapidly over the last 4 years despite the daily super bullish stories of the politicians. Prices of anything you can think of are going up. People still don't question what's happening; in the contrary, they invest everything they have in an overvalued stock market. It's the biggest bubble next to the housing bubble.
In the mean time gold is in a true bull trend since 2001. Nobody seems to take note of it.
Where will this end?
The markets tend not to pay attention to personal opinions, they are contrarian by nature. Don't argue with the market or you'll get wiped out.
Quote from smallfil:
Studyandtrade,
You seem to be missing the fact that when goods are cheap----exports increase!!!
If you live in the United States, you only have to look at China to see how well they are doing. Even though, their standard of living is lower----people make more than they used to which would also feed a consumption frenzy.
The fact that US goods will be cheap compared to European goods will help US companies. Our exports will increase and our companies will do better!!!
What exactly does the US export anymore; grain & rice! Oh yeah, and our jobs!