Will the Fed inject whatever liquidity is required into the world monetary system?
*JSMineSet, by James Sinclair, December 12, 2007
“The Shortest Bluff In The Art Of Bluffing
You have now witnessed the shortest bluff in the art of bluffing. The Fed cuts 1/4 point and the Dow gets hit 300 points. The Fed then announces liquidity injections as a means of apologizing for the attempted and failed bluff.
Learn the lesson. There is no PRACTICAL solution to the present meltdown in credit and default derivatives. In fact they are as close to worthless as you can get. What ever liquidity is required will be produced and injected into the world monetary system. Since the housing market will not bottom and turn positive the problem is infinite and therefore the amount of liquidity needed might be infinite as well.
Turn off your self destructive expectations and emotions. Expect success, not that other thing. The beauty of the human mind is that it can only hold one though at a time. If fear enters do not try to push it out, just think of the greatest moment of your life. At first this will be tough as the other kind of thought will try to come back, but rest assured negativity gets tired fast. If you do this then you will have control of your emotions as they are what give birth to the negative scenarios unfolding in your mind. Learn to control this and you then can make REALLY BIG money. Nobody has to be a loser; loss is attracted to oneself by anticipating it.
To objectively see what is out there without emotion is positive.
There is no way to lose in gold as gold is headed to $1050 and $1650. Everyone should get on the bandwagon and know, not think, gold is headed to these numbers faster than even the most bullish bull expects.”
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.