Korean Job Discussion Forums

[Gopher]

[kcs0001]

O'bama is America's Mugabe. He cares little what happens to the economy as long as he can forward his political agenda.
Being the beneficiary of affirmative action his whole life, he knows nothing
of competition, or what goes into creating and maintaining a small business.
It's over in the short term in the U.S. Hyperinflation is coming.

[mises]

[kcs0001]

Ludwig Von Mises I presume? Short term the flock to quality (i.e. physical Gold and Platinum) is waning. I understand what you are are saying as the "opposite." I agree that everything is deflating based on the gov't reports but this has nothing to do with 12-48 month outlook. The U.S. Treasury is broke. Asian nations are not as willing as before to buy anything issued by treasury. What does that mean? U.S. greenback Printing presses. Do what ever you want . Buying bullion gold coins may not hurt you as much as doing nothing.

[samcheokguy]

gold can be a sound investment. it is a commodity, so its prices is related to mining stocks and their preformance as well as international issues. Clearly South African politics must be taken into consideration.
-but the whole 'the end is nigh, buy gold coins' is a little bit bizarre I think.

[kcs0001]

Clearly South African politics must be taken into consideration.

What? Lemme git a hit off yer crack pipe.

[kcs0001]

[quoteOpposite.

Thanks for you opinion Mises. Any other investment tips?

[/quote]

[mises]

The trend, even into the long run (decade) is towards deflation. The extent to which organizations were leveraged was seriously under reported. The Fed could pump in trillions and trillions and we'd still have deflation. The hole is gigantic.

[RufusW]

[mises]