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iPath S&P 500 VIX ST Futures ETN Message Board

  • wes_w_weber wes_w_weber Feb 11, 2013 4:11 PM Flag

    Remember the DOW is 5082.

    That is is Gold was reset to its 600 level it was in 2009. So we are not up on the markets we are actually down 15% because the DOW was 6000 when Gold was 600 (roughly).

    Magic. ;)

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    • And for some reason you still have purchasing power for your milk bread and gas? Hmmmm, this is not a coincidence. This is called Deflation.

      They lie to you on television explaining to you how holding cash in your bank account actually loses you money. That is true in inflationary environments.

      In deflationary environments, like now, you benefit from borrowing as much money as you can and leveraging yourself up to your eyeballs. Cash in your hand today is worth more money tomorrow. An odd concept for most people to relate to. But it has been happening to you for almost 4 years now. This undermines Governments, reduces GDP, it is the worst possible thing to happen for the system.

      Over time society figures out it does not have to chase the carrot to achieve its goals in life and so work is reduced, effort is reduced, tax revenues get reduced. ;)

      The only way out of deflation is to devlaue the currency as fast as possible to"hopefully" create the illusion of inflation and then we begin to chase the carrot again. Incredible phenomenon.

 
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