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Profile and commentaries of cem
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Profile and commentaries of cem
cem
Member since February 2014
Followed by 0 member
Follows 0 member
9 commentaries,
with 2 Replies
5 replies to his comments (56%)
Average Note : 56 / 100
for 8 rated commentaries
 
29
 
23
Last commentary posted on Saturday, April 5, 2014
 
Profile
Commentaries
Followed By
Following
Mish
-
Global Economic Analysis
Venezuela Decrees "All Properties Leased for 20 Years Will Be Sold to Tenants in 60 Days at Governme
(7)
"Venezuelan president Nicolas Maduro proves once again the capacity for stupidity is virtually unlimited."
First; this is in accord with nationalization of Venezuellan oil. Maybe you've heard; Maduro is a socialist. And obviously socializm is a system as viable as the corrupt capitalizm of our day. If you call somebody stupid for he's being a socialist, he may call you stupid too for you're being a capi...
4/5/2014 at 10:25 AM
2
4
Rating :
-2
Permalink
George F. Smith
-
Barbarous Relic
Is sound money an unsound idea
(7)
"Assume that the government decides to construct a road. Rather than levy taxes to meet the expense, public officials simply start up the printing presses and run off some currency. Everyone seems to benefit. Workers get jobs. The community gets a road. No one had to pay for it. It seems like “magic.” (pp. 31-32)
But magic of this sort is just sleight of hand.It confuses money with wealth."
We...
3/28/2014 at 10:35 AM
1
2
Rating :
-1
Permalink
James Howard Kunstler
Deep State Descending
(24)
Yeah ... right ... there's oil all over US waiting to be pumped out ... and yet US still needs oil from Saudi or Cyprus or whereever ... Mideast or Saudi or Libyan oil will take much more than US can afford, and pretty soon. It was the mighty US army that secured the oil deals and the petro-dollar, and yet that mighty force had to give up in Afghanistan, Iraq, Syria, soon Turkey, and of course in Ukraine ... wak...
3/11/2014 at 10:49 AM
6
10
Rating :
-4
Permalink
Keith Weiner
-
Monetary Metals
The National Debt Cannot Be Paid Off
(9)
"They pull a few strings, sure, but are they really the puppeteers in this show?"
I think they are. If not them, who in hell have the means and the motive to stage a horror show for so long? If the barons let French government nationalize one of their banks (I don't know how many they have) they sure knew better; who cares about a bank in France when you're running the charade in the whole of Europe (or...
3/7/2014 at 10:55 AM
1
0
Rating :
1
Permalink
James Howard Kunstler
Let’s You and Him Fight
(52)
Imperialists maybe?
3/7/2014 at 8:29 AM
Permalink
Keith Weiner
-
Monetary Metals
The National Debt Cannot Be Paid Off
(9)
I understand. The problem is ... the folks in the congress are put there by the very folks I mentioned. After all, they have deprieved the printed money from it's basis; gold. They hold the gold and they print the worthless pieces of paper called dollar. In theory US Congress charter grant can be removed, and banks of the ruling families can be nationalized. But this can only be done "in theory", and mind you wi...
3/6/2014 at 12:59 PM
3
0
Rating :
3
1 Answer
Permalink
Keith Weiner
-
Monetary Metals
The National Debt Cannot Be Paid Off
(9)
US is only "trying" to control the value of dollar; once it was petro-dollar; petrol was the anchor for USD, now it is the last resort; gold-dollar. That's why they are desperately trying to rig the gold market. On the other hand, US does not owe to herself; she owes to the FED; meaning the people of US owes to Rothschilds, and Rockefellers, and JP Morgans ...
3/5/2014 at 12:41 PM
5
2
Rating :
3
1 Answer
Permalink
James Howard Kunstler
Let’s You and Him Fight
(52)
Couldn't agree more. Time is approaching for all to realise who in reality running this ugly show, surely it cannot be the voters ... or the people ... or any nation. People of the US must be aware of the fact that they are being blamed for all the ill-doings of a handful of imperialist/zionists. It's not republicans or democrats anymore, it's not commies or libertians, the war is between the people and those pa...
3/4/2014 at 12:49 PM
5
5
Rating :
0
Permalink
Steve Saville
-
Speculative Investor
Most gold bulls will be right for the wrong reasons
(14)
Steve hi, I just want to raise a point: price of gold is NOT a function of supply and demand because gold itself IS the price (of the goods and services traded). Historically gold used to be the tender for all economic activity and printed currency used to be the representative of gold until US left gold based system. So the value of gold is calculated against the goods that it can buy wheter it be printed curre...
2/26/2014 at 8:23 AM
6
0
Rating :
6
Permalink