Assorted thoughts
posted on
Feb 27, 2011 11:41AM
We may not make much money, but we sure have a lot of fun!
for what it is worth ... Today, Mrs orgy begins the emigration process to Australia ... leaving me to orderly dispose of our assets, she begins our future life together.
I really appreciate the assorted views of the poster son this board .... I am not much of an investor, I think I am pretty lousy for a number of reasons.
Although university educated, I learned far more from a grade 6 drop out and bugs bunny.
Although I accept technical analysis apparent legitimacy, I remain skeptical since it is a mathematical/statistical/actuarial approach to identifying common trends and translating them into the future. All such models depend upon a long term consistent behaviour of the masses.
IMO nothing beats the fundamentals of a macro viewpoint. It begins with an understanding of human nature. Even models such a Maslow's hierarchy of needs which attempts to explain the motivational aspects of human behaviour has flaws.
To be a good investor, you must be unemotional, confident but accepting of your imprefections and most of all cautious of those whose love of money leads them to acts of evil.
Money supports the power to control and one's ability for conquest and supports each level of Maslow's hierarchy of needs.
Machiavelli remains amongst the greatest book for understanding the nature of government and of course the importance of military might. The objective of peace will never be desirable at a macro level since conquest is diametrically opposed to it.
Hence, stealth manipulation of the masses is the most effective way to conquer and control and thereby realize the financial benefit of such control.
I believe we must be skeptical of what swe see and hear from those in control since the vast majority of those who have everbeen in control have not done so for altrustic causes.
The promises of fiat currency is as good as the trust you have in those who issue it. Gold and silver is represents a standard worldwide value of effort, energy and resourcefulness to acquire. It is equally costly to produce internationally and represents the same value everywhere.
The movement away from the use of gold as the world's reserve currency provided and enormous benefit to a specific government who's military might was undeniable. The political effort which allowed this was both remarkable and took enormous effort.
That government has proven itself untrustworthy, constitutionalists are ridiculed and false constitutionalists are emerging to further muddy the waters of a country which has been specifically dumbed down where the masses are essentially incapable of critical thinking.
A time will come when having physical silver and gold will be required for both immediate survival and future prosperity. In the meantime they also represent the greatest opportunity to take advanatge of the volatility of the two camps ... those who wish to conquer and those wise enough to see what is happening.
Do only what is comfortable, observe everything both rationally and within the context of your specific values. Question what you don't understand and if the response makes little sense to you .. evaluate whether you lack some understanding or the explantion is not grounded in pure rationality. Be as scientific as possible, develop a hypothesis, perform experiments and draw conclusions ... do not allow yourself to be deceived, if the middle ages could called the dark ages, the current age could be called the age of the great deceptions.
orgy