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Wall Street Journal Gold Article

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Pillar of the Community
Canada
3692 Posts
 Posted 01/06/2013  10:55 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
@yup: Since you're unwilling to accept emails or private messages:

Trust me, I don't take anything personally, even in person, let alone the internet. I'm trying to get you to step outside of your bubblish world but you're very stubbourn and you talk yourself in circles. Good day.

PS. I love America but not when it spawns zombies. There's so much wasted potential, it's quite sad. Why so anti-China? (That's rhetorical BTW, I'm done reading these tunnel-visioned responses.)
Pillar of the Community
United States
3789 Posts
 Posted 01/07/2013  01:34 am  Show Profile   Bookmark this reply Add yup7676 to your friends list
Friends and fellow hobbyists-

I will stick to my guns. China is not a world superpower as of this writing, nor will it ever become one.

Its days of rapid growth are behind it. It has fierce competition from other countries. China knows it cannot and will never be a world super power.


It is a shame that useless financial media articles are used to support a point. Not one of you even knows what the technical points make a world superpower. This forum is not for that, and I am not going to waste my time telling you, because the markets will and do me prove me right everyday that China is not a world super power. In the end that's all that matters to me. I make my living in these financial markets everyday, and it is knowing these things that allows me to trade everyday and strengthens my certainty and surety that China is not and will not be a world super power, ever.

At best, China's elite will continue to buy gold and silver. and I gotta had it to China, they do make nice silver and gold pandas :D
Bedrock of the Community
13014 Posts
 Posted 01/07/2013  01:41 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
Its beating a dead horse at this point but saying something will never change is foolish my friend.

Ill make one last point. Your mistaking individual company weakness for weakness as a whole which it does not have. If market strength is your indicator then we arent a super power either. Our markets are propped up by international companies such as apple and world players like google.
Pillar of the Community
United States
3789 Posts
 Posted 01/07/2013  01:46 am  Show Profile   Bookmark this reply Add yup7676 to your friends list
I can tell you aren't a trader nor do you understand how capital markets work, traded bonds, currencies or commodities nor worked on a prop desk etc. Your definition of markets is from the stand point of the general public and I respect that.

Its ok my tho friend, we can agree to disagree. I know what I believe in and I will be proven right and am right. :D

Bedrock of the Community
13014 Posts
 Posted 01/07/2013  02:13 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
I do understand how the markets work and I've said all along that your right at this moment we can do no wrong. However I also understand history. Rome was once the sleeping giant that no one messed with until its was deemed weaker and people started poking at it. As much as China needs our money from sales we need their goods hence the stalemate. Theres no downplaying their influence in the world or the markets though. North Koreas leaders have power solely because China says theyre untouchable, thats a minimum a quasi superpower.

As of now they buy our debt but they have resources (as of now their the worlds largest rare earth metal supplier) and they have both military and economic might. The world changes a lot over the years and circumstances change. 30 40 years from now nothing says that circumstances will be the same. Empires have risen and fallen much faster than the 200+ years weve been around and every single one of them thought they were bullet proof. We are no exception and human behavior is rather predictable hence the existence of Game Theory. Technology changes but the human behavior is largely unevolved from ancient times. The day wont be tomorrow or this year or probably the next 20 years, but the odds overwhelmingly state that one day we will fall because we do think we can get away with whatever we want economically.
Edited by basebal21
01/07/2013 02:19 am
Valued Member
United States
117 Posts
 Posted 01/08/2013  8:58 pm  Show Profile   Bookmark this reply Add Eupion to your friends list
Samsnate, I'm feeling it. LOL.

This was probably the worst debating I've read/seen/heard in a long time. Usually when one side brings facts and links to more facts, the other side is suppose to counter those facts with more facts/links to other facts to counter the arguement. Not this time.

"Never" is a strong word, and if you read into it, it's usually used by liars and cheats. I'm not saying your lying and cheating others, but you could be lying/cheating yourself.
Pillar of the Community
United States
4008 Posts
 Posted 01/09/2013  5:39 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
That said, the dollar is going to get stronger.

Only if we print less currency AND raise interest rates. While this IS possible, it does not seem likely in the near future.

As to China *never* being a super power... I bet that the Brits thought that about the US at one time. lol
Bedrock of the Community
13014 Posts
 Posted 01/09/2013  6:17 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
I can hear Cornwallace now saying theyre just farmers
Pillar of the Community
United States
4008 Posts
 Posted 01/13/2013  4:37 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
I can hear Cornwallace now saying theyre just farmers

Yes, and dratted militia too! lol

Anyway... the heck with all of youse guys! The world be FLAT because *I* believe that it be flat! !
Pillar of the Community
United States
3789 Posts
 Posted 01/14/2013  12:47 am  Show Profile   Bookmark this reply Add yup7676 to your friends list
I certainly can see the dollar working itself out of the toliet even with all the QE.

The dollar is still a king and always will be.

as far as China, my position stands they will not be nor are they a world super power. world markets will prove and back up my statement.
Bedrock of the Community
13014 Posts
 Posted 01/14/2013  01:05 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
Yup no offense but theres no reason to keep saying that. Nothing in history even remotely suggests thats whats true now will be in the future. The US wont even be a country for ever much less a superpower. At the very least if you are going to keep saying it at least try and support it with more of an argument than because you said so. Superpowers have changed throughout history and always will
Pillar of the Community
United States
3789 Posts
 Posted 01/14/2013  01:07 am  Show Profile   Bookmark this reply Add yup7676 to your friends list
oh and another thing-

using Financial media to back up your point is useless and a waste of time. "could", "perhaps" and far off supposed projections are nothing but that. I laugh my head off at all the countless and useless financial media pieces that are constantly wrong.

Also, many of you have a flawed thinking that gold and silver can only go up higher because "things are bad". again thats a common misconception among the general public. Sorry but markets evolve and correlations break apart. But I dont expect a single one of you to grasp that because none of you work on a trading desk nor on a commodity desk.

Until one has exposure to world economies and day to day dealings with financial world markets then none of you have a leg to stand on and will not understand the dynamics of why china will NEVER EVER be a world super power.

I said a statement I believe in and see at work everyday and I dont need to prove anything or debate anything. It is my opinion and I will hold strong to it and again, there is no need for me to debate it or go on and on about it.

Furthermore, this is a forum about coin collecting, not a china forum. As I have said, the china (and even the culture for that matter) elite and wealthy have always had and continue to increase their appetite for precious metals.
Bedrock of the Community
13014 Posts
 Posted 01/14/2013  01:14 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
We get it youre smarter than everyone despite not supplying a single fact
Valued Member
United States
456 Posts
 Posted 01/14/2013  01:42 am  Show Profile   Bookmark this reply Add SDCrow to your friends list

Quote:
. . . there is no need for me to debate it or go on and on about it. Furthermore, this is a forum about coin collecting, not a china forum.


Is this sarcasm? I only ask because you have said 15 times throughout this thread that China won't be a super power. And yes, I actually counted. . .

Edited by SDCrow
01/14/2013 01:47 am
Pillar of the Community
United States
4008 Posts
 Posted 01/16/2013  7:38 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
We get it youre smarter than everyone despite not supplying a single fact

LOL! I wonder if all that self-stroking is causing any wrist or elbow problems. Perhaps a good sports ointment would help.
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