A while back you pointed out some consoldation in copper and other commodities into a few or less hands. A big chunk of coaca beans was just purchased by a single buyer. The previous post points to the redistubution of wealth - is this going to be the norm, with very few players with unbelievable amounts of wealth controlling commoditities - or is it already happening.
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Cotton - coaca beans??
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Its a paradigm shift.
The global debt thing can only go one way.
It has to be inflated away,its going to be bad but
maybe better than a deflation scenario.Those
pensioners in Frans thread will get paid every
penny,they just wont be able to buy much.
This has happened before,and even in the us.
Back in the thirties Roosevelt changed the price of
gold from 20 to 35 dollars.Overnight he reduced
americas debt obligations buy 75%.He also
confiscated it-funny story eh?
I believe the same thing is going to happen and
soon.
Overnight the dollar will lose 75%,this solves a lot
of problems.
Some very big money is positioning itself to
capitalize.Because all at once people are going to
want to get out of paper and into hard assets.
Copper has sort of surprised me,i thought it had
established its trading range so wheat going past
25 dollars is a real possibility.
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I won't soon be bartering off my cash for more hard assets (stuff) based on what this thread has dart boarded. Mark me down in the coluum that says none of this will happen the way you have mapped it out. You will have to do a better job of listing the sustained disasters necessary of tomorrow, and tomorrow that need to line up for me to believe in your speculations.
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Will happen?It did happen,you are just to clueless to
see it.
Look at the ten year charts in all the commodities,your
buying power with your cash you have squirrelled
away has evaporated.
Let me guess,you watched that duffus that did
that"accent of money"program and you figured you got
things cased?
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There you go getting nasty again. I thought I had you weaned, but apparantly you're back sucking those opposing security thumbs.
I truly do hope you convince your cash rich friends to flee from their devaluing paper.
I will say you have a racket going with what - a 300% gain by now - that overnight will lose 75% of its value in the big plunge you know will happen. Where does that leave you? I'd say no better off than where you started.
Sigh!, all those wasted hours chart gazing.
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Tis the season so ill play nice.
I would never bother trying to talk anybody into
anything,Furrow asked for an opinion and i gave it.
And lets not forget who started the "nasty".
Wasted hours?7 years of being absolutely correct on
market direction is not worthless,my dear.
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