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Profile and commentaries of NGUAM
NGUAM
Member since January 2013
Followed by 0 memberFollows 0 member
3 commentaries, with 0 Reply
0 reply to his comments (0%)
Average Note : 57 / 100 for 2 rated commentaries  4  3 
Last commentary posted on Monday, January 7, 2013
 
 Profile Commentaries Followed By Following 
 Antal E. Fekete - Gold University
The Myth Of The New American Gold Standard  (8)
"The success of the Greenspan standard was due to Mr. Greenspan's steadfast refusal to authorize plans to sell U.S. gold. The downfall of the Bernanke standard will follow Mr. Bernanke's decision to authorize it when he finds, much to his chagrin, that hyper-inflation is no cure for deflation".

I thought that perhaps most of it has been leased out already. Technically still owned - but is it?

I...
1/7/2013 at 3:54 AM  2  1  Rating :  1 Permalink
 Antal E. Fekete - Gold University
An Unhappy New Year  (4)
Labour has become irrelevant, or has it?
Society has relevance. Financiers (and Government) evidently disdain society in the current feeding frenzy on both accumulated Capital and freshly minted 'hollow' bonds.
Antal is not optimistic so maybe we can only let them play their games with monopoly money. In the end the strength is in society that protects and looks after itself. Eventually it will be clear ...
1/7/2013 at 1:59 AM  2  2  Rating :  0 Permalink
 Antal E. Fekete - Gold University
The Marginal Utility of Silver  (4)
I want it to be true that the Chinese will revolutionise silver but am suspicious they will not as the fiat game is the only game right now and China wants to stay 'competitive'. Can they have two currencies? A trading currency and a home precious metal currency for preserving wealth and commercial gain. Perhaps they have already!
1/7/2013 at 12:25 AMPermalink

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