the sky is falling (Some saterday rant)

[nero3]

The sky is falling the sky is falling! Listen to the folks who have been predicting peak oil since the [US] Civil war! Listen to the folks who predicted $200 a Barrel oil....by 1990! LIsten to the folks who told us Famine would crush the third world in 1975! ..um, 1985! um, 1995! Ah forget it, have a twinkie.

Listen to the people who told us Japan would rule the world, in 1985. Listen to the folks who told you how prescient it was that the Japanese bought gold, Seattle and NY real estate in 1980. Listen to the folks who said Reagaomics would never pull us out the the Jimmy Carter 20-plus misery index days.

And now the Anointed One, Carter's heir apparent, has his supplicant army of spewsters telling us we have to regulate everything from the internet to carbon dioxide emissions. Just like Carter, this regulatory scheme is collapsing (i draw your attention to the 2010 elections). Do nothing commodities like Gold will underperform.

Clinton didn't inhale. If you think carbon dioxide is a pollutant, don't exhale. Your gold will protect you.

Taken from the comment section in this thread:
http://seekingalpha.com/article/2428...on-is-nonsense , comment from cyclingscholar

[metalman]

Re: the sky is falling (Some saterday rant)

The sky is falling the sky is falling! Listen to the folks who have been predicting peak oil since the [US] Civil war! Listen to the folks who predicted $200 a Barrel oil....by 1990! LIsten to the folks who told us Famine would crush the third world in 1975! ..um, 1985! um, 1995! Ah forget it, have a twinkie.

Listen to the people who told us Japan would rule the world, in 1985. Listen to the folks who told you how prescient it was that the Japanese bought gold, Seattle and NY real estate in 1980. Listen to the folks who said Reagaomics would never pull us out the the Jimmy Carter 20-plus misery index days.

And now the Anointed One, Carter's heir apparent, has his supplicant army of spewsters telling us we have to regulate everything from the internet to carbon dioxide emissions. Just like Carter, this regulatory scheme is collapsing (i draw your attention to the 2010 elections). Do nothing commodities like Gold will underperform.

Clinton didn't inhale. If you think carbon dioxide is a pollutant, don't exhale. Your gold will protect you.

Taken from the comment section in this thread:
http://seekingalpha.com/article/2428...on-is-nonsense , comment from cyclingscholar

seeking alpha = shallow analysis + no forecasting record.

itulip 2001...gold is cheap & central banks own it... buy it correct

itulip 2006...doomers make $$$ from fear mongering... don't listen to them correct

itulip 2007... peak cheap oil cycle started in 2006.. oil back to $100 in recovery, no deflation correct

unless i missed it, itulip does not have a position on global warming yet.

[nero3]

Re: the sky is falling (Some saterday rant)

seeking alpha = shallow analysis + no forecasting record.

itulip 2001...gold is cheap & central banks own it... buy it correct

itulip 2006...doomers make $$$ from fear mongering... don't listen to them correct

itulip 2007... peak cheap oil cycle started in 2006.. oil back to $100 in recovery, no deflation correct

unless i missed it, itulip does not have a position on global warming yet.

To me investing is more about flow, here and now, the path of least resistance, not forecasting, that's to difficult. You have a set of input, then apply intuition, then you get output. Sometimes you are wrong, you get caught up, however, you can be wrong in your analysis for a long time and still be right in the market, if you loose or not depends if you are able to notice the flaw in the "fundamental" arguments, or story-line before it is to late. It's in the here and now as well. It's not in the past. You are not a world record holder today, even if you broke the world record 10 years ago. You might be thinking you are right, have a discussion, and realize you are fooling yourself. That's one of the great things about exchanging ideas like this.

[metalman]

Re: the sky is falling (Some saterday rant)

To me investing is more about flow, here and now, the path of least resistance, not forecasting, that's to difficult. You have a set of input, then apply intuition, then you get output. Sometimes you are wrong, you get caught up, however, you can be wrong in your analysis for a long time and still be right in the market, if you loose or not depends if you are able to notice the flaw in the "fundamental" arguments, or story-line before it is to late. It's in the here and now as well. It's not in the past. You are not a world record holder today, even if you broke the world record 10 years ago. You might be thinking you are right, have a discussion, and realize you are fooling yourself. That's one of the great things about exchanging ideas like this.

itulip investing is about process... what's the process? where's it taking us? for how long & how far? that's how you make $$$... not in the here & now... & intuition is worse than useless.

you can build knowledge on knowledge but cannot build knowledge on ignorance.