View of Investing on September 8, 2009
It is the velocity of money that counts.
The FED can now pull money out of the system at will.
No inflation problem seems looming.
When Bernanke gives a news conference he is always asked the ‘inflation question’ and he always answers
it satisfactorily by saying he can always pull the money out quickly.
Ron Paul may not believe him but then Ron Paul is an MD, not an economist.
Long term bonds are predicting a lack of inflation. Statistics report that deflation is occurring.
Long term bond traders are not stupid.
If you think that the current deflation means ‘buy gold’, then you have it backwards.
People who listen to gold touts are in for a surprise. “Gold has never been worth zero” is a marketing phrase
aimed at mental retards.
Since the majority of investors are retards, gold may go up further in price. It is already at prices only
retarded people can believe in.
Economy should be fairly flat but gain from the usual advances in productivity (the robots are here and more
are coming) www.robotsarehere.com
Since interest rates should stay low, you can buy things like AGNC with its high rate of return. The AGNC
stock will not come down in price until the economy recovers and interest rates rise. That will be awhile
given that people remain under water on their home mortgages.
Buy real estate and sell gold. This logic should be the opposite of what “you emotionally feel like doing”.
The market is the place where logical investors take money away from emotional investors.
Consider buying your retirement home or vacation home now or in the next two years.
don
Next
Index to minutes
It is the velocity of money that counts.
The FED can now pull money out of the system at will.
No inflation problem seems looming.
When Bernanke gives a news conference he is always asked the ‘inflation question’ and he always answers
it satisfactorily by saying he can always pull the money out quickly.
Ron Paul may not believe him but then Ron Paul is an MD, not an economist.
Long term bonds are predicting a lack of inflation. Statistics report that deflation is occurring.
Long term bond traders are not stupid.
If you think that the current deflation means ‘buy gold’, then you have it backwards.
People who listen to gold touts are in for a surprise. “Gold has never been worth zero” is a marketing phrase
aimed at mental retards.
Since the majority of investors are retards, gold may go up further in price. It is already at prices only
retarded people can believe in.
Economy should be fairly flat but gain from the usual advances in productivity (the robots are here and more
are coming) www.robotsarehere.com
Since interest rates should stay low, you can buy things like AGNC with its high rate of return. The AGNC
stock will not come down in price until the economy recovers and interest rates rise. That will be awhile
given that people remain under water on their home mortgages.
Buy real estate and sell gold. This logic should be the opposite of what “you emotionally feel like doing”.
The market is the place where logical investors take money away from emotional investors.
Consider buying your retirement home or vacation home now or in the next two years.
don
Next
Index to minutes
 | |  | |  | |  |