Comments on: Marc Faber, Jeremy Grantham Warn Of Global Bubble

By: Editor

Editor — Tue, 02 Dec 2008 03:34:35 +0000

Thanks for the reply john of sparta. Great points!

By: john of sparta

john of sparta — Fri, 28 Nov 2008 04:08:25 +0000

money changes everything….old song title.
there’s gonna be lots of USD in circulation
during 2009, that’s the #1 reason.
up to now, the banks have been hoarding.
#2 it’s the old “buy low sell high” with dollars.
time to sell. (is this a Dollar Bubble?)
#3 domestic tax increases across the board.
everywhere and on everything in 2009.
#4 finally, commodities are low due to a sell-off
to raise cash for 2008, because selling Gold
got more money than selling Lehman Brothers.
those positions are now gone. when i see
“baby steps” up the inflation stairs with
Food and Metals, that’s enough for me.

By: Editor

Editor — Tue, 18 Nov 2008 15:54:00 +0000

Thanks for the comment john of sparta.

“the winds have changed.
it was deflation, now inflation.”

Care to share with us what made you change your forecast?

By: john of sparta

john of sparta — Tue, 18 Nov 2008 04:24:57 +0000

thanks for the love above.
the winds have changed.
it was deflation, now inflation.
bottom line:
for the rest of 2008…deflation.
for all of 2009…inflation.
Nov 08 gas was under $2/gal.
Nov 09 gas could be $4/gal.
(double)
gold in the $2000’s.
(double+)
buy low (now), sell high (later).

By: Editor

Editor — Mon, 03 Nov 2008 22:29:53 +0000

Thanks for the comment john of sparta.

By: john of sparta

john of sparta — Mon, 03 Nov 2008 00:45:56 +0000

it’s now November.
in August i said Deflation.
oil is down 50%.
gold/silver down 20%.
houses/cars? who needs ‘em?
the Dollar is King.
“they can’t make it cheap enough.”

By: Editor

Editor — Tue, 19 Aug 2008 14:33:32 +0000

Thanks for the comment paul. Back on June 30, I noted that Dr. Faber saw gold as a good investment.

“Marc Faber Would Rather Buy Gold At This Stage Than Oil”
http://www.investorazzi.com/2008/06/30/marc-faber-%e2%80%98would-rather-buy-gold-at-this-stage-than-oil%e2%80%99/

By: paul

paul — Tue, 19 Aug 2008 06:43:30 +0000

In Faber’s latest (August 1) commentary(paid subscription) the only thing he was bullish on was, in fact, gold coins. He did say they would be a good buy at $800/oz, which they have now fallen to.

Cash is king only if they don’t monetize their way out of this, and the dollar doesn’t crash because of all the govt. debt and increased social, credit liabilities heading into a recession or worse.
I’d prefer Swiss Franc “cash” (like the eft, FXF).

By: Editor

Editor — Fri, 15 Aug 2008 14:57:17 +0000

Thanks for the comment john of sparta.

“here’s my ‘take’: deflation. across the board.”

Interesting. I wonder if we’ll be hearing a lot more of the inflation/deflation debate again, like we did a few years ago?

By the way, I love the moniker— reminds me of something out of an ancient Greek tale.

By: john of sparta

john of sparta — Fri, 15 Aug 2008 03:53:32 +0000

since last time Gold went from 9xx to 8xx USD.
here’s my “take”: deflation. across the board.
gold, gas, houses, whatever. King Cash.
to paraphrase: “Got Cash?”