Which Is Better, Short Selling Or Investing In Gold?
Monday, 3. November 2008, 16:15:45
I ask, are you a buy and hold investor, or speculator, like Tim Knight who writes the Slope Of Hope and who favors opportunistic short selling.
The 5 day ongoing Yahoo Finance chart of LVS, MGM, WYNN and PUF, reveals that the sin stocks, such as Las Vegas Sands, MGM Mirage, and Wynn Resorts, rose sharply on Wednesday October 29, 2008; these are manifesting now as short selling opportunities.
Which is better, short selling these or investing in gold which is up today trading at 726.20?
Elaine Meinel Supkis in article Fed Reserve Built America Into Giant Debtors Prison, writes: "Every day is trick or treat day for the gnonmes", that is the bankers, and provides the Keith Taylor illustration of a terrified child running from the open front door of a middle class home, where the Zombies Ben Bernake and Hank Paulson are seen standing holding a Trick or Treat holding bag, with the word Treat crossed out.
And she comments on the Trick of Inflation: "Proof (of inflation): even the strongest currencies with interest rates above 6% saw inflation! More proof: even Japan, with severe suppression of wages of 80% of the population, still saw inflation over 3% a year! Now, inflation seems to be receding but it is not. It is continuing to grow in the darkness. The reason we don't see it temporarily is simple: all the investors are removing their money from hedge funds and investment funds and HIDING it! And they are hiding it from the Derivatives Beast.
Anyone stupid enough to keep their money in the system is seeing it lose value faster than gold or oil is dropping. So we have lots of cash sitting idle. And it will sit idle until the Beast is done eating. And it has barely begun. The fact that all the major investment banks on earth are rapidly going bankrupt or have ceased growing, isn't due to there not being enough money. THE MONEY IS BEING HIDDEN RIGHT NOW! People are waiting to see what item can be turned into an instant bubble."
Yes hiding one's money is a good idea; like hiding it away in gold.
Despite the deflationary decline in gold seen in the Privateer's $US 2 x 3 chart of gold, and being an investor who perceives an ongoing investment demand for physical gold, I recommend that one buy gold and put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins ... $US 2 x 3 Gold Chart
You know, there are no guarantees, but it sure looks to me, from the INO chart of $GOLD , that a bottom has been made in gold at $720.
It's as Ned W Schmidt relates in Market Oracle: U.S. Money Supply Growth to Lead to Higher Inflation and Gold Price
The 5 day ongoing Yahoo Finance chart of LVS, MGM, WYNN and PUF, reveals that the sin stocks, such as Las Vegas Sands, MGM Mirage, and Wynn Resorts, rose sharply on Wednesday October 29, 2008; these are manifesting now as short selling opportunities.
Which is better, short selling these or investing in gold which is up today trading at 726.20?
Elaine Meinel Supkis in article Fed Reserve Built America Into Giant Debtors Prison, writes: "Every day is trick or treat day for the gnonmes", that is the bankers, and provides the Keith Taylor illustration of a terrified child running from the open front door of a middle class home, where the Zombies Ben Bernake and Hank Paulson are seen standing holding a Trick or Treat holding bag, with the word Treat crossed out.
And she comments on the Trick of Inflation: "Proof (of inflation): even the strongest currencies with interest rates above 6% saw inflation! More proof: even Japan, with severe suppression of wages of 80% of the population, still saw inflation over 3% a year! Now, inflation seems to be receding but it is not. It is continuing to grow in the darkness. The reason we don't see it temporarily is simple: all the investors are removing their money from hedge funds and investment funds and HIDING it! And they are hiding it from the Derivatives Beast.
Anyone stupid enough to keep their money in the system is seeing it lose value faster than gold or oil is dropping. So we have lots of cash sitting idle. And it will sit idle until the Beast is done eating. And it has barely begun. The fact that all the major investment banks on earth are rapidly going bankrupt or have ceased growing, isn't due to there not being enough money. THE MONEY IS BEING HIDDEN RIGHT NOW! People are waiting to see what item can be turned into an instant bubble."
Yes hiding one's money is a good idea; like hiding it away in gold.
Despite the deflationary decline in gold seen in the Privateer's $US 2 x 3 chart of gold, and being an investor who perceives an ongoing investment demand for physical gold, I recommend that one buy gold and put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins ... $US 2 x 3 Gold Chart
You know, there are no guarantees, but it sure looks to me, from the INO chart of $GOLD , that a bottom has been made in gold at $720.
It's as Ned W Schmidt relates in Market Oracle: U.S. Money Supply Growth to Lead to Higher Inflation and Gold Price
WIDGETIZE