Jim Willie's latest - Inflation/Deflation

ksammut

Jim WIllie - Deflation Rebuttal & Reich Economics

Baley

That is one of the longer advertisements for gold... look, gold on sale today, new lower price!

Kip

Just more "he said-she said" BS and guessing ala Sinclair

ksammut

<< <i>Just more "he said-she said" BS and guessing ala Sinclair >>



No one can claim they know when things will hit the fan but I believe within the next couple of years, the Willies and Sinclairs will be proven right.

Baley

<< <i>

<< <i>Just more "he said-she said" BS and guessing ala Sinclair >>



No one can claim they know when things will hit the fan but I believe within the next couple of years, the Willies and Sinclairs will be proven right. >>



folks been sayin that the past couple of years and for many years before that.

Of course, everyone defines "things" and "hitting the fan" differently. But by the commonly accepted definitions, not going to happen IMHO

We'll have our bubbles and crashes, our bull and bear markets, and local disasters like specific companies going bankrupt or hurricanes destroying cities... like we have for the past 200+ years. Some participants will win the games, some will lose, some will tie, and some will sit on the sidelines either cheering or booing.

your mileage may vary

derryb

Thanks for the link. I enjoy reading all opinions (including Baley's) before I form my own. I continue to agree with JW. Don't let the bashing of an opinion prevent you from adding it to your mental data base. Knowledge is the basis of valid opinion.

MilesWaits

<< <i>Thanks for the link. I enjoy reading all opinions (including Baley's) before I form my own. I continue to agree with JW. Don't let the bashing of an opinion prevent you from adding it to your mental data base. Knowledge is the basis of valid opinion. >>



Oppositional behavior typically amuses and entertains me, Derry! The predictability is reinforcing.

cohodk

Opinion should never be confused with knowledge. Unfortunately people who carry heavy emotions such as fear regularly confuse the two.

derryb

<< <i>Opinion should never be confused with knowledge. >>


Then don't. What I said was "knowledge is the basis of valid opinion." Ya really, really, really gotta start reading things the way they were written.

cohodk

Interesting as just above you write that you use opinion to form your own. I use facts. Forming opinion from others' opinions often makes one paranoid. Formation of logical thought based on reasoning and probability can alleviate that condition.

ricko

I read all of these articles with interest. They all help me to understand PM markets to some extent. Many seem to be fundamentally sound, while others are (IMO) brashly pie in the sky opinions with no real foundation. Cheers, RickO

roadrunner

<< <i>

<< <i>Just more "he said-she said" BS and guessing ala Sinclair >>



No one can claim they know when things will hit the fan but I believe within the next couple of years, the Willies and Sinclairs will be proven right. >>




I think so as well. There won't be any real warning when the financial SHTF occurs again, making 2008 look like the warmup act. Those that have been pooh poohing the warnings of guys like Willie, Sinclair, Fekete
and others to get out of the system or at least reduce one's exposure will wake up one day and realize these guys were right all along. While it won't happen exactly like they say, it think it will happen.

derryb

<< <i>No one can claim they know when things will hit the fan but I believe within the next couple of years, the Willies and Sinclairs will be proven right. >>




<< <i>I think so as well. There won't be any real warning when the financial SHTF occurs again, making 2008 look like the warmup act. Those that have been pooh poohing the warnings of guys like Willie, Sinclair, Fekete and others to get out of the system or at least reduce one's exposure will wake up one day and realize these guys were right all along. While it won't happen exactly like they say, it think it will happen. >>


I agree. Warnings of pending economic crisis are always met with skepticism. And, the skeptics never seem to learn. Some very experienced and knowledgable individuals, who correctly warned of the previous crisis, continue to be ridiculed. As in 2008 they will get the last laugh. Seems like every time I watch a Peter Schiff interview he is already laughing at them.

pf70collector

I am still mostly in cash and PMs. Very little in the market now. They say don't fight the fed, but the market is too risky now being pumped with all that QE and low volume. Its not a true market.

derryb

"Buy low, sell high." Probably a good time for the stock market bugs to become gold bugs. Many of us here did this a bit too early, but better to be early than late to the party.

cohodk

<< <i>"Buy low, sell high." Probably a good time for the stock market bugs to become gold bugs. Many of us here did this a bit too early, but better to be early than late to the party. >>



Relative value between the two assets classes has made PMs a more compelling investment than 2-3 years ago.3

cohodk

<< <i>

<< <i>

<< <i>Just more "he said-she said" BS and guessing ala Sinclair >>



No one can claim they know when things will hit the fan but I believe within the next couple of years, the Willies and Sinclairs will be proven right. >>




I think so as well. There won't be any real warning when the financial SHTF occurs again, making 2008 look like the warmup act. Those that have been pooh poohing the warnings of guys like Willie, Sinclair, Fekete
and others to get out of the system or at least reduce one's exposure will wake up one day and realize these guys were right all along. While it won't happen exactly like they say, it think it will happen. >>



Yes, fortunately time is the great equalizer. Someday they may be right, but for the last few years they have been terrible wrong.

jmski52

for the last few years they have been terrible wrong

Only if you gotta jump into the stock market thinking that there's no risk involved with QE. But there is.


Just more "he said-she said" BS and guessing ala Sinclair

Nope, he and Sinclair never reference each other, and their paths haven't really crossed, nor are their backgrounds similar. I consider their perspectives to be arrived at independently.


I would point out that Willie got some wrong information though. Some of his speculation based on Prince Bandar having been assassinated was based on that wrong supposition. That doesn't mean he's necessarily on the wrong track.

I do agree with him about inflation and deflation occurring on different fronts. It's been confusing at times to read that these would occur sequentially, rather than simultaneously. But his analysis makes sense.