If you missed the movie "Money as Debt" yesterday, here's the link. http://tinyurl.com/yjkxdel
Inflation Nation...
Who is the inflation nation? All nations. You see, the US prints like crazy, and then the US dollar drops, naturally. Then the governments call each other, and the US tells the other countries to print also, so that trade can stay "normal". So, whoever has the strongest currency is the country that prints the least.
Is that insanity. Yes, actually, it is. However, there is no rational way to figure out how to control the monetary system since the system itself is unsustainable. So, if you are a person or you know people who are all about sustainability, then what they really need to do, is focus some effort on the monetary system. That's where the Green parties always get it wrong. They don't understand Finance. I've seen debates. It's not good for the Greens in Finance. If the Greens wanted a 100% metals backed currency to compete with the paper money, then there'd be a new paradigm shift. However, other parties would steal the idea, but who cares?
Commercial Real Estate
It looks like a new trend. That is, commercial real estate to go lower. If you actually own some funds that specialize in this, I would suggest getting out NOW!
Backyard BBQ, and Home Grown Veggies
This year, more Americans have gardens in the backyards than at any time since WW2. This is soon going to be a new trend as inflation takes affect on everything. Food inflation starts it off.
Three Stages of Truth
"All truth passes through three stages.
First, it is ridiculed.
Second, it is violently opposed.
Third, it is accepted as being self-evident."
There is something however, that isn't mentioned here. A lot of the time, to be successful in trading, there is another concept, "Perception is Reality". False beliefs can often lead to temporary "truths" in the marketplace since perception becomes "truth" So, "things are great" or "buy real estate" when surely it's a bubble. You can actually trade false belief systems, since if you always try to trade what you believe is the correct assumption, you may miss a trend. HOWEVER, when your correct assumption is about to match up with the charts, then you can do exceptionally well. Always check the charts. If your assumption doesn't match up with the charts, then wait the trade out. Then, you'll be the first person who gets it right when the charts are matching up.
Good Trading
Wednesday, October 28, 2009
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