Karl Denninger: Mid-Year 2009 Checkup

Original_Intent · 07-04-2009, 09:19 AM

Thanks for posting - not much to disagree with.

tmosley · 07-04-2009, 09:29 AM

I have to disagree with the deflation bit. Prices are hardly down at all. The only time you can get really cheap prices is from firesales, which are certainly plenty, but that hardly constitutes deflation. It's just a (temporary) symptom of deleveraging.

Once the next round is over, prices will probably start skyrocketing.

He can sell his PMs if he wants to, but I'm holding on to mine. I'll be investing in Agriculture ETF's as well, once I have the money to establish a respectable position.

ChooseLiberty · 07-04-2009, 09:32 AM

Nice article.

tmosley · 07-04-2009, 10:14 AM

Wow, he's a real asshole to anyone who disagrees with him (from reading through that thread from the OP).

hugolp · 07-04-2009, 10:32 AM

Quote:

Originally Posted by tmosley

Wow, he's a real asshole to anyone who disagrees with him (from reading through that thread from the OP).

Yes he is. And also he spams other blogs and forums.

07-04-2009, 08:43 AM	#1
RonPaulR3VOLUTION Senior Member Join Date: Nov 2007 Posts: 591	.. .. Last edited by RonPaulR3VOLUTION; 07-21-2009 at 02:31 AM.

07-04-2009, 09:19 AM	#2
Original_Intent Senior Member Join Date: May 2007 Location: American Fork, Utah Posts: 6,689	Thanks for posting - not much to disagree with. __________________ "The journalist is one who separates the wheat from the chaff, and then prints the chaff." - Adlai Stevenson “I tell you that virtue does not come from money: but from virtue comes money and all other good things to man, both to the individual and to the state.” - Socrates

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07-04-2009, 09:29 AM	#3
tmosley Senior Member Join Date: Jan 2008 Location: Texas Posts: 5,482	I have to disagree with the deflation bit. Prices are hardly down at all. The only time you can get really cheap prices is from firesales, which are certainly plenty, but that hardly constitutes deflation. It's just a (temporary) symptom of deleveraging. Once the next round is over, prices will probably start skyrocketing. He can sell his PMs if he wants to, but I'm holding on to mine. I'll be investing in Agriculture ETF's as well, once I have the money to establish a respectable position.

07-04-2009, 09:32 AM	#4
ChooseLiberty Senior Member Join Date: May 2007 Posts: 2,510	Nice article.

07-04-2009, 10:14 AM	#5
tmosley Senior Member Join Date: Jan 2008 Location: Texas Posts: 5,482	Wow, he's a real asshole to anyone who disagrees with him (from reading through that thread from the OP).