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  1. cya
    3,836 Posts.
    Think about it Adweb, your saying that assets will rise in price, how?

    Borrowing is limited folks cant afford it and banks dont want to lend it, so cant inject through credit.

    You cant give it away as thats politically unpalatable

    Governments might ba ble to spend a bit but for how long

    The problem is the hyperinflation has already happened, there are trillions of dollars of leverage locked up in assets, all that needs to delevarage, folks need to sell those assets to pay off debt, the more that has to be sole the more the existing debt rises in ratio to the asset as it falls

    GFC 2 is a debt based event as was GFC 1, the hyperinflation scenario is the central banks wishful thinking, they already hyper inflated the asset base through debt, this is a global version of the Japanese lose decade, do we think its credible to have assets go higher, DOW at 20,000-100,000, or worse what happens if the worlds greatest consumer does collapse and the USD is worthless

    Sinclair is a blow hard snake oil salesman, he made a call in 1980 lol and he claims to advised the Hunt Brothers (was it the time they went broke), he clealrly understands a lot about the gold market but very little about modern central bank policies, or folks like Fisher, Minksy, Schumepter on the economic front , all he does is a chant the same mantra, buy buy buy hold hold hold, hes got to be right some of the time

    a single trick pony and not a pony you can ride at all in AUD terms







 
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