Getting Out of Dodge…

Trust me, you don't want me as the self appointed consumer protection guy around here...mostly people should take responsibility for themselves and their actions...and don't need any more big brothers than we already have

 

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Never trust anyone who uses the word 'whilst'.......

 

Or a central banker who uses the phrase: highly accommodative monetary policy.

 

Why????? For the majority of American's it worked out just fine. There are certainly many folks that is did not help, but many, many more were. There are many now who are working when they weren't before, some folks are now actually getting raises, credit is flowing again for folks to buy houses, etc. Peoples 401k's have rocketed. This move just did not help the CEO types, main street was affected in a big time. You really need to look at the majority, "The good of the many out weigh the good of the few"

Also, "Never play poker with a man names Doc"

 

Yes, I know THE STORY.

 

Is your position that you don't believe the "Story" ????? It it pretty hard to argue that. I am not sure what type of work or industry you are in, but there probably is a good chance you might not be working. That would be true for an awful lot of Americans. I know they believe "The Story"

 

Do you really think I'd post this:

http://dailyreckoning.com/central-bankers-war-on-your-savings/

if I believed the story.

 

I just wanted to get the facts straight, since whenever I say something about your position, you claim you never said it, so no, I cannot assume.

So you think "the story" is bogus when 401k's are up without question, restaurants are full when they used to be empty, all my neighbors are going to work when they used to stay home. Malls are packed when they used to be empty, You can no longer get rooms at resort on weekends when before you had your choice, folks are buying brand new cars at record paces, and in my neighborhood, many have upgraded to Luxury models, the roads are packed going to work, when they used to be empty, etc. etc. It keeps going on, but no you don't believe "The story"

Why is that???? Your bullion go down so you are only looking at it from your own viewpoint? The evidence just does not support your position.

I also find it quite interesting, how you say you distrust everything so you don't believe the numbers, but yet you DO TRUST that salesman who wrote that garbage.

Everyone has to put their trust somewhere, there is no exception, we just don't instinctively know these things. I think I can say with certainty, the folks who put their trust in the "STATUS QUO" made out much better than those who put their trust in a bunch of salesman.

 

The reason I "claim" I never said something about my position is because you post swill such as this:
"...but yet YOU DO TRUST that salesman who wrote that garbage..."

Okay Mike show me where I said that. Or I am suppose to try and prove your claim for you by rummaging through the archives; as if I haven't already wasted too many calories on you. And what salesman are you even taking about?

News flash Mike. New Jersey is the only state that lives in New Jersey. As for what is going on in other states and how many thousands of cities? you can only be making your assumptions based on what others tell you.

Well that's what I'm doing. And one of those others is Stockman. Sorry that he's seem very much to be Austrian School. Sorry if the Austrian School has about as much in common with keynesians as Lions do with cackling jackals but you might just want to suck it up. I don't think he's going anywhere anytime soon. You should see him in some of those youtube videos. He's awesome. And the best part of all, I believe (correct me if I'm wrong) krugman called his book the rantings of a cranky old man. I can't think of a better keynesian specimen to be contrary to than krugman.

As for my bullion. I don't own enough to be concerned about it.

What about you Mike? You seem a bit testy today. Worried about dem dare daisy chains?

 

Milkem2000 is always going back and forth trying his very best-tis heee can dooo to break people in there ways or belief system. Everyday on this forum.

I have never one time seen any solid advice from him. For the most part he is a Net Troll who argues and fights and belittles all that openly disagree with him or stands up to his online bullying that the Mods should have cut off along time ago but they do not and sometime jump right in with the same Troll like ways.

People in general across the USA should own PM's period.

To bad they do not. I think less people own Physical Silver then Golf and Golfers are a low % of people, I love to golf by the way. I do own Physical Silver still buy a half pound to pound each month till the bottom then at that time will buy and buy and buy. I think based on Charts for the last 30-40 years the Bottom will be 2001 Levels.

As far as silver we pay about 55 cents to 60 cents for 1 gram of Silver in the form of a Coin or Popular Bar within the 1oz to 5oz wieght. Will it go down to 30-40 cents a gram for silver I think so.

Should one stop buying or sell out because of this 110% no its just a mater of how much extra cash one has to trade in for Physical Silver and sit on it or a overall budget for Physical Silver either way you win when you have Physical Silver.

 

He just doesn't want anyone to focus on the stock market at the moment...so he's on the offensive

 

Dow's growth was not reasonable for the last 5 years overall at all to fast paced.

Under that problem or some would say before that problem from about the late 80's to Mid 2000's over growth compared to the Dows growth in the early 1900's to 70's again over growth in the figures. Just a fact.

Problem with the Dow is this as well, when to many little fish get in on the Dow things go down hill.

Is this morally right I do not have the answer. I am not involved at all in the Dow first hand and do not want anything to do with it. What I know is way to many little fish involved with the Dow right or wrong.

Will we see another 2000 points fall, another 4000 points fall should the Dow be around 9000 I think so. Will it happen I do not know.

PM's in this case will tumble I think over just half a year to year flat line for year or less and unless the Dow goes up PM's will then climb up.

I Personally think they will Band-aid the Dow for 5 years.

Draw down PM's even more to 2001 Levels over first 1-2 years under yet another Band-aid then Flat Line PM's for 3 Years. This will allow buyers in PM's catch time for more PM's.

Based on charts we need to see a Flat line here at some point and one that last 10 or more years this is the trend over the last 30-40 plus years with a spike here and there within the last 30-40 years.

Maybe this will not happen and the times are to messed up from 2001 onward now and we will not see a flat line with PM's I think this is not likely it could be the new trend.

New trend to see is PM's go up high reaching new highs then Down 50%-75% then back up to those same highs or more because the System/Paper money is to screwy/broken in Modern times at this point.

I do not know for sure and this one factor/possible trend leads me each and every month to build no less then half pound to 1 pound of Silver. Its not much money on the down trend to do so for the safety net and I do so all year along. Most Months in the year it is only half pound to pound of Silver I buy others months more depends on the Low that is hit.

 

Welllll, I am going to take the high road here. Good luck guys, and have a great day

 

The one thing I've learned in all my investing years is that 99% of the average investors are wrong in their predictions of doom, and 100% of the analysts are wrong on the same issue. If you have to worry about it based on a magazine article written by a guy with nothing but a deadline and no credibility, you probably shouldn't be wasting money and time on it.