francis schutte

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    • Tue Nov 25th 17:59 PM
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      The Fundamental Value of Real Estate
      The real value of Real Estate is 100 times the real or hypothetical monthly rent. A house renting for $ 500 is worth $ 50,000!
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    • Mon Nov 24th 06:43 AM
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      The End of the Gold Carry Trade
      Difficult topic to understand. What I doubt however is that Gold offers the same safety as US government debt. If this is true, I would not even consider buying it. Don't we buy Gold because we don't trust the authorities, the fiat paper money and the debt issued by them? Having said this, it is not the first time that Government repudiates its debt and the odds are that they will do it again some day.
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    • Wed Nov 19th 11:08 AM
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      Demand for gold hit an all-time quarterly high in Q3, World Gold Council says, with investment demand leading the way. It blames gold's weak Q3 price performance on hedge fund liquidations to raise cash and meet redemption requests. (ETF: GLD)
      $ 730 Gold is a derivative joke!
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    • Thu Nov 13th 13:48 PM
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      11 Stocks Selling Below Cash
      We think it is particularly dangerous to advise Banks and Financials. There is no indication yet as to how the Credit Crunch and the derivatives will affect the balance sheets. More important, we have no idea how dangerous the off-balance items can be.
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    • Thu Nov 13th 13:44 PM
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      Keeping an Eye on the Dollar, Gold
      We cannot buy the Deflation scenario sold by the Authorities. Billions have been injected both by the FED, the ECB and the UK. Monetary inflation always resul tin pice inflation whichever state the economy is in.

      Having said this, we suspect the PPTeam to do whatever is requested to keep the Chinese, Japanese and other holders of US dollars and treasuries happy as long as possible.

      Last week the Saudis bought $ 3,5 BILLION of Gold. Would they suspect something?
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    • Thu Oct 30th 17:25 PM
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      The Reykjavik Scenario (or How Interest Rates Can't Control Monetary Inflation)
      The action of volcker on the Money supply should also be commented.
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    • Thu Oct 30th 08:16 AM
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      The Reykjavik Scenario (or How Interest Rates Can't Control Monetary Inflation)
      NOT true: But if the Iceland authorities now put rates high enough, they will kill the inflation stone cold dead. It won't!

      Monetary inflation is the result of the creation of Fiat Money out of thin air. Monetary inflation ALWAYS results into a price inflation whatever the level of interest rates is...
      History shows this over and over again: Weimar, Zimbabwe, the Civil war in the USA, the american independence,...Please make your home work and get a good history book.
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    • Thu Oct 30th 07:36 AM
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      The Reykjavik Scenario (or How Interest Rates Can't Control Monetary Inflation)
      The latest figures of M1, M2 and M3 show an Increase rather than a decrease. There is NO massive decrease of M3. Authorities are in NO position to decrease the Money supply. On the contrary, they are now using the Deflation propaganda to continue to increase the total Money supply...
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    • Thu Oct 30th 07:22 AM
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      The Reykjavik Scenario (or How Interest Rates Can't Control Monetary Inflation)
      At this time, in the USA the Velocity of money is falling. This is a normal phenomenon as people start to stop spending in expectation of falling prices. The day Velocity picks up again it will because people will realize Inflation is here to stay and will get worse. This action will lead us into hyperinflation.
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    • Sun Oct 5th 11:59 AM
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      Some True Safe Havens Are Still (Surprisingly) Undervalued
      People with negative comments clearly don't understand nor even try to understand what is happening right now. Sometimes in the short run, the price of something keeps on dropping, but in the medium run, it becomes your life line (like a parachute).
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    • Sun Oct 5th 11:56 AM
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      Some True Safe Havens Are Still (Surprisingly) Undervalued
      Excellent and refreshing article. Thanks
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    • Fri Sep 5th 09:02 AM
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      Is Gold Getting Ready to Bounce?
      Friday Sept 5, 2008 ET: 08:58

      Looks like we forecasted over the last couple of days, the Dollar and gold are flipped on a dime. The Dollar Index was going up too fast and too much and the sentiment on Gold really started to be negative. Apperently, the markets are "back to reality"!
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    • Tue Aug 26th 08:45 AM
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      Precious Metals: Emotions Still Stronger Than Fundamentals
      Markets often are illogic. The Dollar sits in a correction. Even if it stays strong for more weeks or months, there is absolutely NO REASON why Gold cannot go up at the same time. As a matter of fact, this occured on several occasions during the previous secular bull market.
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    • Tue Aug 26th 08:42 AM
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      Precious Metals: Emotions Still Stronger Than Fundamentals
      This is about exactly the same opinion we have! Good work...August is coming to an end soon now...
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    • Thu Aug 14th 09:02 AM
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      Has Gold Fallen in a Secular Bear Trend?
      There is growing evidence indicating that there was unannounced intervention in support of the dollar.
      Given a sharp drop in euro holdings in the U.S. Treasury's Exchange Stabilization Fund, it seems that the U.S. Treasury may have intervened in the currency markets, possibly out of fear that a more significant run on the dollar could have resulted.
      Any intervention deal would more likely have been arranged with the Saudis during the recent Bush-Cheney visits. All that this would have required is sufficient buying commencing in mid-July to squeeze USD shorts and creating a momentum move on the upside. This action had also implications for Gold.
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