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Jake

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Posts posted by Jake

  1. Van- I like you A LOT. But I would implore you to read around Gails site some. The cure for low price HAS BEEN low prices. Basic economics 101. But the future may not look like the past for reasons she well expounds.

    I haven't heard any $10 oil analysts. But I am neither an expert. You may be right re the next bull market. You have been right so many other occaisions. I read your posts with great interest and hope. Dr Bubbs, too. But I do think you both need a wider reading. Not just the short term. Tverberg is a good place to start, IMHO. There are some very thought provoking posts there. Plus she doesn't have an agenda to push or pay for. I would relish a rebuttal but so far there is little of substance. Only rear view mirror stuff.

  2. So the interviewer should ask him what he left out of his perfect biblical cycles in 2014 and'15 before salivating over the "dates" for the next big kahuna. That's the kind if info which would be useful. Don't get me wrong though, I like the basic thesis, just not the zeal.

    Jeff Christian, much hated by the gold community, has a better record and no subscription. Not that he goes in for cycles prediction or, if he does, he doesn't harp on about them.

  3. So. The bible got it wrong in 2014, 2015. Will it be third time lucky in 2016. Or a case of "thrice thy denied me". I dunno. He doesn't really explain anything and the exuberance of the interviewer doesn't exactly fit in with Jesus' teachings.

    Also how can uk housing crash, bottom and then be a buying opportunity between now and June/July? Uk housing is like a HGV to slow down and reverse.

    The guy reminds me of Dent in that they are married to their theories. But their game is all about subscriptions. A guy like Van is a far safer pair of hands if you ask me.

     

    I like what Boloney has to say but I think he needs to chalk up a few points on the old IQ unless he is talking to the converted religios out there.

  4. "cars both made and destroyed Detroit"

     

    Insightful comment. Detroit sounds like a model for many places, yet unique also. Whatever happens if is going to be a lot smaller. Maybe they can reinvent the bicycle industry again?

    Too many poor, desperate people by the sound of it. And the weather...

    Salvage as many beautiful homes as possible, move them to other parts using the big roads.

    Or offer the city to retiring aliens and their spaceships can race along those expressways. Just don't waste any more money trying to do a makeover. The guy buying the downtown skyscrapers must be seriously rich and delusional. He should tune into JHK and smell the coffee.

    And for the rest of humanity, Detroit should remain a museum piece of how not to live.

  5. Why did Detroit become a city in the first place? (honest question I don't know the answer to). It would seem to me that places without a reason to exist today will disappear as simply as they appeared. Well maybe not quite as simply. Destruction is far harder to take than construction.

     

    I have seen smaller towns in Japan disintegrate as their reason to be (exist) has disappeared. People still live there clinging to their 'roots' but really if a town is not growing-or maintaining itself doing what it has alays done, then it is simply a matter of time until the weeds win out.

     

    Maybe Detroit will revert to what it was before the automobile industry. In fact I think a lot of places will revert to whatever their reason to be was. ie a major city which was once simply a fishing port will become a simple fishing port again.. Towns built up by a river running through it will revert to becoming a natural place to do agriculture and wash ones clothes.

     

    Good places will be natural, old market towns which have provided, wey hey, a market for outlying villages. They will be defined by their geography, topography, walkability, transport etc...

     

    So about 150 years ago what was Detroit?

  6. Conspiracy theories haven't been able to predict the price of gold for the last 3 years. I'm really pissed off with myself for not seeing the top in 2011 and I'm prepared to admit a lot of what I described as sinister shadows controlling the gold market, was actually a lack of knowledge and putting too much "faith" in others. I'm of the opinion that unless we work out where we all went wrong in 2011, we're likely to make the same mistake at the next peak.

     

    Doesn't that worry you?

     

    3 years is nothing. The situation is worse than before. Just some string pulling going on. Zero rates and money forced into houses and stocks. I dont think 2011 was 'the' top, just 'a' top. But I was forced to cash out some and buy a house which has since gone up in 'value' as gold has crashed. I was lucky. But that could easily be reversed. So I am not smiling. Maybe Ian Gordon needs some re-reading or maybe Precher was right and it is a case of cash now then gold later after it all crashes. Or maybe just keep on with the physical, chip chipping away. Same with the dollar. Same with silver. Just rack and stack 'em all up. Has debt peaked yet? No it is getting worse. Same old same old. I'm just glad we haven't had any aliens show up.

    Looks like Japan is slowly going tits up. But slowly is the operative word. 3 years is nothing...

  7. So,

    What do HK buyers want? Spurting volcanoes, thousands evacuated monstrous typhoons, dangerous floods, poor maritime record (a

    Nation of islands), a woeful lack of disaster information, a hinterland of shantyesque abodes and a few dangerous Muslim groups knocking around just for good measure. All they need is some alien Disclosure and we are rocking.

    Maybe HK buyers just want to ignore all that and focus on the promise

    of rental yields?? And infrastructure in the pipeline, excuse the pun.

    "Pie" in the sky, perchance?

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