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Global economic situation for liveaboard cruising yachties
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I think one of those links I posted was a review/analysis short/medium and long term on S&P? have you read it? several charts indicating the potential for different outcomes but needing further movement to ascertain the direction....
I took it with a big grain of salt as the interference in the markets by the FED and its anonymous agents, (once the deed is done it could ONLY be the FED, as NO-ONE has that sort of loot -billions- to place such stupid bets but the FED), determined to contain other investment options and keep treasuries/US$ in play as a "good deal" - the world is so full of idiots who will "bet on a sure thing" if the tout has a smoothe tongue....
I took it with a big grain of salt as the interference in the markets by the FED and its anonymous agents, (once the deed is done it could ONLY be the FED, as NO-ONE has that sort of loot -billions- to place such stupid bets but the FED), determined to contain other investment options and keep treasuries/US$ in play as a "good deal" - the world is so full of idiots who will "bet on a sure thing" if the tout has a smoothe tongue....
Boston, Go here, since you are not trading today, your chance to do some reading, http://financialsense.com/index.html - all dated 19th (yesterday for me), - all of 17 essays - I have not read.... and in about 12 hours or less the podcast http://www.financialsense.com/fsn/main.html should be released
Boston, an update on the S&P http://financialsense.com/fsu/editorials/petch/2009/0619.html
evidence of market "fixing"? http://financialsense.com/fsu/editorials/deepcaster/2009/0619.html
Boston, an update on the S&P http://financialsense.com/fsu/editorials/petch/2009/0619.html
evidence of market "fixing"? http://financialsense.com/fsu/editorials/deepcaster/2009/0619.html
just got in Mas
I started that Victorian remodel today so Im beat
spent most of the day supervising the demo
Im not one of those armchair warriors so Im in on it from the start
cant help it
I got a thing for working
keeps me in shape
Ill get to these articles tonight if I can
thanks
B
I started that Victorian remodel today so Im beat
spent most of the day supervising the demo
Im not one of those armchair warriors so Im in on it from the start
cant help it
I got a thing for working
keeps me in shape
Ill get to these articles tonight if I can
thanks
B
Boston, My reading is "done" and a lot is really sad, doom & gloom stuff... If your emotional state can cope, then speed-read it all to get a full overview... - 2 to 4 weeks and **** will hit fans? and either please my position or sink me
- so I will just concentrate on boat-building and ignore the impending economic storm?????
- so I will just concentrate on boat-building and ignore the impending economic storm?????well if your really convinced its going to turn against you then you could always get out for the time being
I try to stick to short term
its long term that seems to sink most people
although day trading is about the riskiest thing there is at least your in and out with your money back in your fist end of each day
Ild be really spooked to be holding long term through a shaky first bump in a recovery
or not a recovery
take your pick
but if you look at the charts you can clearly see a top to what was a rising trend over the last few months
thing could dip again at any moment
and no telling were it will end up
they are kinda running out of bullets to fire at this thing
gold usually stays strong when the rest of the market goes to pot
and if I remember China is buying up gold like mad
so that should drive up the value as well
but hey
your the gold guru not I
so best of luck
but
one of the bigest mistakes I keep seeing over and over is folks just dont know when to get out of a position
they tend to hold past the peak
me I tend to have a goal in mind and once I hit that Im hesitant to tolerate a pull back
even if I end up not making as much as I could had I held
Ild rather make my target profit
than risk missing it altogether
I try to stick to short term
its long term that seems to sink most people
although day trading is about the riskiest thing there is at least your in and out with your money back in your fist end of each day
Ild be really spooked to be holding long term through a shaky first bump in a recovery
or not a recovery
take your pick
but if you look at the charts you can clearly see a top to what was a rising trend over the last few months
thing could dip again at any moment
and no telling were it will end up
they are kinda running out of bullets to fire at this thing
gold usually stays strong when the rest of the market goes to pot
and if I remember China is buying up gold like mad
so that should drive up the value as well
but hey
your the gold guru not I
so best of luck
but
one of the bigest mistakes I keep seeing over and over is folks just dont know when to get out of a position
they tend to hold past the peak
me I tend to have a goal in mind and once I hit that Im hesitant to tolerate a pull back
even if I end up not making as much as I could had I held
Ild rather make my target profit
than risk missing it altogether
It is a physical position and the volatility caused by FED manipulation leads to nervousness and doubt as to what the "Ben Bernanke consortium" may do to maximise their own internal profits.... Conservative long term analysis indicated a value about now of between US$2000 to 3000 per ounce - based on value/inflation/purchasing relationships over a very long history, so a "correction to above US$1000" would not have been unrealistic??? - It worked nicely to start with, but then things "went funny", and manipulation became suspect, to be confirmed to my satisfaction just this year.... Got to sit in my own nest now.... as I know of no useful options/alternatives I feel I can trust in the current climate of uncertainties...
The fundamentals seem good and still justify my position but the manipulation of the market is sooooo frustrating and painful - and the pain will hurt usanians even deeper (not just on Gold but their economy in general - all thanks to the "FED cartel") and the poor sods into "paper gold", thinking they are supported/backed one-for-one with the actual metals will be left with nothing but expensive toilet paper and a very angry mood....
The fundamentals seem good and still justify my position but the manipulation of the market is sooooo frustrating and painful - and the pain will hurt usanians even deeper (not just on Gold but their economy in general - all thanks to the "FED cartel") and the poor sods into "paper gold", thinking they are supported/backed one-for-one with the actual metals will be left with nothing but expensive toilet paper and a very angry mood....
Boston, is this useful to you? http://financialsense.com/fsu/editorials/vermeulen/2009/0622.html "...Active Traders Report for Gold, Silver, Oil & Nat Gas..."
Herewith, http://financialsense.com/fsu/editorials/bloom/2009/0622.html a lesson for sober reflection, - what will the post depression world look like? - - -
Definitely NOTHING like the past 2000 odd years.... hopefully something more considerate and peacefully as a series of neighborly communities.... (as a way of life - NOT a political movement)
http://financialsense.com/editorials/casey/2009/0622.html "...When is the Best Time to Buy Gold?..." - - Is bullion going to fall below the 915 barrier? some resistance at 920.... Will it climb to break the UP resistance and crack 975, to zoom up on a fairytale ride to temporary happiness/reprieve?
Whatever else I find has the usual pattern of;;; "buy my product", "markets will remain confused", "markets are variable" - so dear players, short term gambling seems to be the go - so all you "day-traders" be careful and play on the short term trend as it could turn at any time, then play it back again..... - - - - **** this dithering about gives me the willeys.... - I want to see some ACTION in the markets, Players buying whole islands as retreats, or jumping from above the 13th floor... Where is all that passion and excitement? - - - Where is the DRAMA, - don't tell me that there is nothing left but re-runs of old "soaps"? - - Although I used to like watching that quirky one called "soap" of occasion - interesting writing and the end had a twist... better than the current crap that is sooooo predictable.... Bugger, waiting is so boring....
On the local news, an item from the World Bank presents a rather gloomy prospect, http://www.abc.net.au/news/stories/2009/06/23/2605753.htm?section=justin but please read carefully, as the old adage "forewarned is forearmed" applies and is apt...
Herewith, http://financialsense.com/fsu/editorials/bloom/2009/0622.html a lesson for sober reflection, - what will the post depression world look like? - - -
Definitely NOTHING like the past 2000 odd years.... hopefully something more considerate and peacefully as a series of neighborly communities.... (as a way of life - NOT a political movement)
http://financialsense.com/editorials/casey/2009/0622.html "...When is the Best Time to Buy Gold?..." - - Is bullion going to fall below the 915 barrier? some resistance at 920.... Will it climb to break the UP resistance and crack 975, to zoom up on a fairytale ride to temporary happiness/reprieve?
Whatever else I find has the usual pattern of;;; "buy my product", "markets will remain confused", "markets are variable" - so dear players, short term gambling seems to be the go - so all you "day-traders" be careful and play on the short term trend as it could turn at any time, then play it back again.....
- - - - **** this dithering about gives me the willeys.... - I want to see some ACTION in the markets, Players buying whole islands as retreats, or jumping from above the 13th floor... Where is all that passion and excitement? - - - Where is the DRAMA, - don't tell me that there is nothing left but re-runs of old "soaps"? - - Although I used to like watching that quirky one called "soap" of occasion - interesting writing and the end had a twist... better than the current crap that is sooooo predictable.... Bugger, waiting is so boring....On the local news, an item from the World Bank presents a rather gloomy prospect, http://www.abc.net.au/news/stories/2009/06/23/2605753.htm?section=justin but please read carefully, as the old adage "forewarned is forearmed" applies and is apt...
just stopped in for a moment before I crash
read the first and yes
that was definitely talking my language
I dont have the energy for the rest, sorry mass, I know you put a lot of time into that and Im sure they are a great group of links but I am just on for a minute. Am about half way done with setting up the red stone for the foundation of that Victorian Im working on. Its back breaking but I suppose good for me since Ive not done any real work in so long. The walk is next and then I can start the frame. Lots to do and glad of it. I actually find trading a poor excuse for working and prefer to be outdoors anyway.
best of luck with your trading
I wont be back in town till sometime Thursday so I will have to do some catch up reading then
best
B
read the first and yes
that was definitely talking my language
I dont have the energy for the rest, sorry mass, I know you put a lot of time into that and Im sure they are a great group of links but I am just on for a minute. Am about half way done with setting up the red stone for the foundation of that Victorian Im working on. Its back breaking but I suppose good for me since Ive not done any real work in so long. The walk is next and then I can start the frame. Lots to do and glad of it. I actually find trading a poor excuse for working and prefer to be outdoors anyway.
best of luck with your trading
I wont be back in town till sometime Thursday so I will have to do some catch up reading then
best
B
This advice is CRITICAL to USA as well as Australia (and every-other country - and I bet China is doing it now) - ensuring critical infrastructure is in place - ready for when it is needed in recovery - up to date roads, railways, PORT facilities, fuel systems, electric generation, telephones, high speed Internet, potable water, low input farming systems, public transport to and from work/home, distributed electric power with PV panels on every rooftop feeding into the grid (one area is shaded another is not - don't put all your eggs in the one basket), facilitate locally grown vegetables and other produce... The list goes on and is only limited by ones imagination...
http://financialsense.com/Market/wrapup.htm has another version...
http://financialsense.com/Market/wrapup.htm has another version...
the old S&P is tanking again
down to what 893 from a high about a week ago (ok maybe a week and a half ) of 960
as I said a few days ago it looks like the first come back round is about over and pull back from the recovery is in the cards
will be interesting to see if it descends past the previous bottom or not and what kind of magic bullets the administration can rip out of there buts
that biz about infrastructure is critical Mas
problem is that the red tape surrounding stimulus money is so thick no real work is getting done
Im going to take some of the left overs from this latest build and make a few of those vertical wind turbines
we get plenty of wind round here and I want to see how well they really work for myself
oh
China's infrastructure is going full tilt
thing is what they are finding is that building so fast has prevented the type of oversight that is needed to ensure quality
so from what I gather things are falling apart as fast as they are getting built
down to what 893 from a high about a week ago (ok maybe a week and a half ) of 960
as I said a few days ago it looks like the first come back round is about over and pull back from the recovery is in the cards
will be interesting to see if it descends past the previous bottom or not and what kind of magic bullets the administration can rip out of there buts
that biz about infrastructure is critical Mas
problem is that the red tape surrounding stimulus money is so thick no real work is getting done
Im going to take some of the left overs from this latest build and make a few of those vertical wind turbines
we get plenty of wind round here and I want to see how well they really work for myself
oh
China's infrastructure is going full tilt
thing is what they are finding is that building so fast has prevented the type of oversight that is needed to ensure quality
so from what I gather things are falling apart as fast as they are getting built
Don't look too closely at the many bridges about to fall down in USA from what I hear? and the railways are drastically in need of attention and electrification? and the electrical grid is overloaded and lacks maintenance? and? and? it is a common problem demonstrating the stupidity of humanity too accustomed to - "redundancy" - and - "temporary fix" - - and other labels for poor quality control?...
from what I hear? and the railways are drastically in need of attention and electrification? and the electrical grid is overloaded and lacks maintenance? and? and? it is a common problem demonstrating the stupidity of humanity too accustomed to - "redundancy" - and - "temporary fix" - - and other labels for poor quality control?...I cannot believe the American fixation and faith in pieces of paper instead of the metal? "...Future Inflation Fears Fuel Price of Gold Shares and Warrants..." http://financialsense.com/fsu/editorials/wilson/2009/0623.html - - - There is nothing quite so reassuring as a bar of gold or silver or platinum etc.... Nearly all the gold that has been mined is still recoverable, but I cannot trust paper certificates promising a share/equity in a corporation when there is so much "legal" and "NAKED" short selling often far and above the value it purports to represent... Why a piece of paper saying "IOU" why not the original piece of paper? - to my simple mind - that is fraud condoned???
Also, when shares rely on inflation to justify their exorbitant pricing, and not the dividends paid, something is wrong - it is like the employees of cafes/restaurants needing "tips" to survive... Why, is the restaurant so unprofitable, and inefficient, that they cannot afford to pay a respectable wage? - I do not dine there again.... Those loyalty programs offered by Woolworths and others leave me cold and where possible I shop locally - but sadly that option is being denied through market dominance. I want local food in season not the CRAP that was harvested immature to keep in transit and has no flavour or inner goodness. To get good stuff, (which is usually a lot cheaper), one has to dig around and find the producer, then BINGO - for example http://www.farmerdavedirect.com/index.php for the - Brisbane / Gold Coast / Sunshine Coast region - ...
Also, when shares rely on inflation to justify their exorbitant pricing, and not the dividends paid, something is wrong - it is like the employees of cafes/restaurants needing "tips" to survive... Why, is the restaurant so unprofitable, and inefficient, that they cannot afford to pay a respectable wage? - I do not dine there again.... Those loyalty programs offered by Woolworths and others leave me cold and where possible I shop locally - but sadly that option is being denied through market dominance. I want local food in season not the CRAP that was harvested immature to keep in transit and has no flavour or inner goodness. To get good stuff, (which is usually a lot cheaper), one has to dig around and find the producer, then BINGO - for example http://www.farmerdavedirect.com/index.php for the - Brisbane / Gold Coast / Sunshine Coast region - ...
Boston, - Is this useful? http://financialsense.com/Market/wrapup.htm
another TOTAL DISCONNECT, absolutely no connection with reality when Moodys continue to give USA a "AAA" credit rating commentary here - http://financialsense.com/fsu/editorials/straka/2009/0624.html
another TOTAL DISCONNECT, absolutely no connection with reality when Moodys continue to give USA a "AAA" credit rating commentary here - http://financialsense.com/fsu/editorials/straka/2009/0624.html
So, is anyone prepared to put their credibility on the line and declare their tips for near future economic situation? lets keep the prophesying to 2009... What is your take - copy&paste someone else's essay - so long as you acknowledge the author, website, and you agree with that view....
I feel sorry for the many good usanians, as many seem of the view that the **** will hit the fan there big time soon, and US paper will not be sought after, so a safer bet may be in silver or gold metal - which makes nice ballast for a mono sail-boat.... - - - - Wanna buy a small W Pacific Island?
I feel sorry for the many good usanians, as many seem of the view that the **** will hit the fan there big time soon, and US paper will not be sought after, so a safer bet may be in silver or gold metal - which makes nice ballast for a mono sail-boat.... - - - - Wanna buy a small W Pacific Island?
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