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What does conspiracy mean? Really it means two or more people planning for their own benefit. This is the essence of the world, not something rare or deranged. Someone who does not believe conspiracy as the driving mechanism of the world (one of them at least) must be naive or psychically duped. One of the great duplicities of the Rush Limbaugh revolution in America was (past tense) the convincing of a tired electorate that conspiracy was a symptom of psychosis instead of the mandatory material mechanism of change. As if people seeking power never talk to one another and never make deals to further their own interests. Do you really believe that conspiracy is NOT a central mode of behavior in human planning and action? How can you claim that? You KNOW pepole conspire to get ahead. You don't admit to any crime by admitting that adults like to fix a game to their desired results, that adults look out for themselves in groups as well as in isolation. Price-fixing is one side of the business equation -- wage-fixing is the other. Not much idealism left in the adult world.
"Conspiracy" is when people in a position of power, especially one of public trust, surreptitiously and intentionally organize by illegal means, to subvert the normal separation of powers, or normal competition, or normal functioning of markets, and thereby effect substantial and lasting harm. For a bunch of folks to gather into a group, promoting the group's interests at the possible expense of the universal interest, is not a conspiracy… even if this is done secretively and with cunning.
OPEC, the United Auto Workers, the Free Masons, or the National Rifle Association are not conspiracies. In contrast, a conspiracy would be Obama, Putin, Merkel, Cameron and Abe secretly working together to destroy the world's stock markets, to impoverish investors and thus to prepare the way for global revolution. Sounds ridiculous? It should, because for something to qualify for being a conspiracy, it would be so enormous and so difficult, that the likelihood of it being actually possible is… ridiculous.
"Conspiracy" is when people in a position of power,... For a bunch of folks to gather into a group, promoting the group's interests at the possible expense of the universal interest, is not a conspiracy… even if this is done secretively and with cunning. is… ridiculous.
I think you made a case for a conspiracy and a serious conspiracy. It's like a house and a serious house or money and serious money among few.
Setting some level of innate power as a starting point seems rather arbitrary
Location: Was Midvalley Oregon; Now Eastside Seattle area
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Quote:
Originally Posted by C2BP
Why not? All miners were beaten up and flashing a BUY signal. I waited 5 years to buy. I think that I called a bottom in Gold (GLD) in 2016 and I'm expecting a top in 2019. How can I be sure so sure? It's all in the cycles
I understand that the miners were beaten down but why so many? Wouldn't a couple accomplish what you want? Or is it for a diversification amongst miners?
I'm in IAU 200@13.00.
I also have 3 stocks that are in or approaching bkrcy. The last $20 of each doesn't hurt as much as the first $2000 in losses.
I understand that the miners were beaten down but why so many? Wouldn't a couple accomplish what you want? Or is it for a diversification amongst miners?
I just like them all and some of them are more speculative then others. Look at the world of today. Everyone seems to be cruishing toward NIPR and beyond (BELOW?) -- which is good news for the spectre of HYPER-INFLATION. See how those gold stocks just keep expanding. Gold is a bellweather Hyperinflation product.
And let's face the truth, Janet Yellen is an Idiot. After all, she's a devout socialist who once taught Keynesian economics at UC Berkeley. Yellen has long been an advocate for central planning of the economy through government and monetary intervention - especially a weakening of the dollar and its purchasing power." Recenly even Greenspan has been worried about the direction things are going. I think even Greenspan now realizes that uncontrolled printing goes from bad to worse and he's starting to see worse. I wish he did when he was the head of the Federal Reserve because that's when it started.
When I say the Federal Reserve is anti-capitalist and it shows people look at me funny, yet no one looks at Janet Yellen's background or says, how can we give monetary policy making to a socialist who believes in a central planned economy. If you are a communist/socialist and studied well you know what to do if you want socialism, you start by corrupting and destroying the monetary system and then blame capitalism. Scary.
No. This is Conspiracy: two or more people secretly agree to engage in unethical behavior. That happens a million times/day.
You are trying to re-define a simple concept.
Quote:
Originally Posted by ohio_peasant
"Conspiracy" is when people in a position of power, especially one of public trust, surreptitiously and intentionally organize by illegal means, to subvert the normal separation of powers, or normal competition, or normal functioning of markets, and thereby effect substantial and lasting harm. For a bunch of folks to gather into a group, promoting the group's interests at the possible expense of the universal interest, is not a conspiracy… even if this is done secretively and with cunning.
OPEC, the United Auto Workers, the Free Masons, or the National Rifle Association are not conspiracies. In contrast, a conspiracy would be Obama, Putin, Merkel, Cameron and Abe secretly working together to destroy the world's stock markets, to impoverish investors and thus to prepare the way for global revolution. Sounds ridiculous? It should, because for something to qualify for being a conspiracy, it would be so enormous and so difficult, that the likelihood of it being actually possible is… ridiculous.
I'm not sure that that the gold rally will be much like the last rally. In 2008-2011, we had an unprecedented crash in the housing market due partially to giving loans to unqualified applicants. Numerous steps were taken to prevent a re-occurrence.
On the other hand many economists, and assorted others, feel that the real crash is imminent. I consider their sentiments due to the escalating debt and the loss of jobs to foreign markets. 48 million on food stamps....
Selling the house and buying gold would be quite a gamble. I'm trying to sell some real estate and buying the best commodity for "the real crash"....food and drink with ample storage characteristics. It is prudent to consider that even gold may have questionable value if the crash is big enough. A warehouse full of Jim Beam could hardly miss.
If we don't make this country friendlier to manufacturing jobs and new financial adventures, I don't see a sustainable future.
Changing the subject a bit here......I am supposed to answer ~150 questions before selling an unimproved 400 ft cabin. The government is making a lot of citizens desire greener pastures.
Quote:
Originally Posted by C2BP
All my Gold and Silver stocks are up today. SSRI up over 8% . Best performing sector this year.
Got Gold?
Got Silver?
As I have said before, Gold Bugs will have the last laugh
I'm not sure that that the gold rally will be much like the last rally. In 2008-2011, ....
I don't think C2BP is talking about the 2008-2011 period. That wasn't "the gold rally." It was a recovery within the gold bull market that lasted from early 2001 to mid 2011 where the price went up about 8x.
We are now either in a correction in an ongoing bear market in gold or at the bottom of a new bull market.
The problem with C2BP is that he would have looked just as good in early 2008 when the price went above $1,000/oz. I'm sure his "self developed trading system" would have been screaming buy! back then, just before it almost went below $700/oz.
It always takes a dump when everything looks great and shoots up when everybody is dumping on it.
Nobody seemed to be talking about $1,400 gold last Dec or Jan ( or Feb ), but now, that's almost all I hear.
never forget how fast oil fell from its run up that was supposed to go on a whole lot longer then it did .
gold , silver and oil can be so volatile that in a blink of an eye you can plunge a lot even before you can react . just this week oil fell 8% .
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