David Morgan: Spring May Bring “Obama Rally”

[webmaster]

Subject:David Morgan: Spring May Bring “Obama Rally”
By: David Morgan, Silver Investor

Overview: Typical pre-teen boys may be as committed to collecting coins as they are baseball cards, but to find 11-year-olds intrigued by the M1 money supply, fiat currency and the silver standard would be a rarity by anyone’s standards. David Morgan, whose interest in silver dates to that tender age, was one of the rare ones—and still is. Although his horizon has expanded considerably since those days, he now stands out among the world’s preeminent silver authorities, investment experts and worldview economists.

Link: http://news.silverseek.com/SilverInv...1229727975.php

[cugir321]

That overview seems like a little hyper........B.S.

Originally Posted by webmaster

Subject:David Morgan: Spring May Bring “Obama Rally”
By: David Morgan, Silver Investor

Overview: Typical pre-teen boys may be as committed to collecting coins as they are baseball cards, but to find 11-year-olds intrigued by the M1 money supply, fiat currency and the silver standard would be a rarity by anyone’s standards. David Morgan, whose interest in silver dates to that tender age, was one of the rare ones—and still is. Although his horizon has expanded considerably since those days, he now stands out among the world’s preeminent silver authorities, investment experts and worldview economists.

Link: http://news.silverseek.com/SilverInv...1229727975.php

[Richard]

Originally Posted by cugir321

That overview seems like a little hyper........B.S.

Just wondering... what about it seemed to you to be BS?

[cugir321]

Actually the article is fairly conservative...I take issue with "oil prices are going higher and will probably stay." Opec Arab sheiks have been saying we're driving it higher, then cut back production.....everytime recently, prices have fallen after an announcement.

March and April always seem to be the high months....nothing earth shaking about that. The only thing that worries me about march and april is "will the government still be around, and will I be able to eat, sleep, and wipe myself."

The problem I have is everything is based on the past....the only thing certain about the past is that it's really irrelavent anymore, the future will be manipulated like a craps game. The certainty is greed still exists, like in the past, and will continue to live. I have no trust in any of the systems anymore so charts and speculation mean nothing to me. Is silver undervalued presently...yes. That's all that matters to me. Everything else is B.S.

[Richard]

Originally Posted by cugir321

The problem I have is everything is based on the past....the only thing certain about the past is that it's really irrelavent anymore, the future will be manipulated like a craps game. The certainty is greed still exists, like in the past, and will continue to live. I have no trust in any of the systems anymore so charts and speculation mean nothing to me. Is silver undervalued presently...yes. That's all that matters to me. Everything else is B.S.

The problem I have is everything is based on the past....the only thing certain about the past is that it's really irrelavent anymore, the future will be manipulated like a craps game. The certainty is greed still exists, like in the past, and will continue to live. I have no trust in any of the systems anymore so charts and speculation mean nothing to me. Is silver undervalued presently...yes. That's all that matters to me. Everything else is B.S.

I thought so. That's pretty much how it all struck me. Fact is, crashes are less frequent than shenanigans as usual that miraculously work out most of the time. So they just less visible in the mirror yet. I hope we won't have to build mountains of empirical data and evidence before the lessons of fiat are learned!

Anyway, trust in the system is precisely what it is. That is what ultimately has to happen, because... Well, that's not a topic for here and now but suffice to say, I think the problem is this: there is no money supply! So inflaton, and even more so deflation, isn't really the problem. With nothing to really measure, it may indeed just be a psychological thing, an article of faith which faith can only be lost. I saw a post earlier in the market forum, which I will be posting to when my thoughts gather on the matter.

Okay, thank you for answering!