Profile and commentaries of dom1971
dom1971
Member since August 2011
Followed by 0 memberFollows 0 member
90 commentaries, with 37 Replies
48 replies to his comments (53%)
Average Note : 51 / 100 for 73 rated commentaries  187  181 
Last commentary posted on Friday, February 1, 2019
 
 Profile Commentaries Followed By Following 
 Robert P. Murphy
The Upside-Down World of MMT
Fascinating
2/1/2019 at 4:18 AMPermalink
 Mish - Global Economic Analysis
EU Buffoonery: Brexit Divorce Bill Upped to €100 Billion  (1)
Hmmmm... maybe the EU is secretly run by the Church of Scientology?
5/5/2017 at 9:36 AM  1  1  Rating :  0 Permalink
 Franklin Sanders - The Money Changer
The parable of the cards  (8)
Please let me take this a step further if I may... because I see an opportunity to highlight a particular concern of mine.

Let us ignore for the moment that Government and Industry are not powerless tools of the Banker. They exert considerable influence over Everyman in their own right. And by exercising these, can secure for themselves a much more favorable position than that available to Everyman. In ...
4/28/2017 at 8:14 AMPermalink
 Antal E. Fekete - Gold University
How to stop the Depression  (6)
A manual financial reset like this? I'm no expert but I can't imagine such a move would be wise.

Firstly, anybody with prior knowledge of such an event would be able to accumulate free assets limited only by their borrowing capacity. We would have a cacophony of corruption and abuse preceding the "event" that dwarfs what we're seeing nowadays. This can't just be "sprung" on the world economy, it needs ...
2/10/2017 at 1:28 AM  7  2  Rating :  5 1 AnswerPermalink
 Hugo Salinas Price - plata.com.mx
The Matrix of Power  (40)
"Life ALWAYS evolves and unfolds from the inside towards outside, from the finer to the gross. Not the other way round."

I'm not sure I agree with this statement. Looking at nature we see both sides of this coin.

On the one hand we have life and biology unfolding "from the finer to the gross" - microorganisms feed on raw materials, which are in turn consumed by larger organisms, right up the f...
12/18/2016 at 3:33 AMPermalink
 James Howard Kunstler
Your Call Is Important To Us  (29)
"Your call may be monitored for quality control and training purposes"

:)
5/20/2014 at 4:07 PM  3  5  Rating :  -2 Permalink
 James West - Midas Letter
Canada Fluorspar, Colossus Minerals: Proof Positive that U.S. Quantitative Easing is Undermining Can  (4)
Not one rebuttal? you're usually full of arguments and opinion V. I'm asking a question... so that's a fairly good opportunity to pose an intelligent counter argument. Your lack of any real response speaks volumes. Perhaps somebody else can offer something of actual value?

Right now I'm loving the debasement from where I sit. All I have is mortgage debt, and that debt is being reduced in real terms with...
4/11/2014 at 3:00 AM  1  7  Rating :  -6 Permalink
 James West - Midas Letter
Canada Fluorspar, Colossus Minerals: Proof Positive that U.S. Quantitative Easing is Undermining Can  (4)
"The only way to offset that is to print money at exactly the same rate. All else being equal in terms of future economic prospects, to NOT print money at this point is to sell the country into voluntary bondage."

Is it any wonder, then that that's exactly what most of the world is doing? Printing money to keep up? But we've lived with mandated inflation targets every single year for generations - world...
4/10/2014 at 2:34 AM  1  7  Rating :  -6 1 AnswerPermalink
 Mike Maloney - Goldsilver
How to Hide Your Gold and Silver  (20)
I find it amusing that Americans seek to explain English to others in the world. You have bastardized the language and asserted simplified spellings on thousands of words to assist your moronic population in passing a basic education test. In doing so removing much of the cultural and historical value behind the words.

With such a track record, Americans have neither the right nor the ability to questio...
4/3/2014 at 2:09 AM  0  4  Rating :  -4 Permalink
 Mike Maloney - Goldsilver
How to Hide Your Gold and Silver  (20)
Still haven't got a job yet?

The article incidentally, was talking about hiding gold from thieves, not killers. There is a difference (though maybe not in the USA).

You don't pay a damn cent for me you plebeian. I've payed good tax every year of my working life and never been on any kind of benefit. Oh, and don't live in your dying try-hard empire of a nation (thank you very much).
3/31/2014 at 3:50 PM  1  5  Rating :  -4 Permalink
 Jesse - Le Cafe Américain
Martens: Ghouls of Wall Street - JP Morgan Bets BillIons On the Death of its Workers  (7)
What's to stop these companies engineering "accidents" on buildings full of their own workers for profit?
I just had an awful, terrible thought.
911.


3/26/2014 at 12:28 AM  1  3  Rating :  -2 1 AnswerPermalink
 Nathan Lewis - New World Economics
The Silver:Gold Ratio, 1687-2011  (17)
Yes, historically 16:1, and around that (maybe 19:1) in the Earth's crust. But does that mean silver is under-valued relative to gold or that gold is over-valued relative to silver? That's the question.

To be fair the talk had a lot of focus on China and Britain, where it seems silver played a part in the coinage of those countries until much later than 1870. To have the context shift suddenly to the US...
3/24/2014 at 1:02 PM  0  1  Rating :  -1 Permalink
 Mike Maloney - Goldsilver
How to Hide Your Gold and Silver  (20)
He's come out swinging like a true intellectual!

I'm glad you understood. Low level English can be useful when speaking to abusive fools like yourself.

btw I advocate productive work and reward, not sitting on a bit of gold betting for the world to end... and certainly not stealing.

Your mind is quick to jump to thoughts of theft and violence (seemingly from nowhere) and yet you clear...
3/9/2014 at 9:14 AM  1  8  Rating :  -7 2 AnswersPermalink
 Food for thought - 24hgold
An Answer to Warren Buffet on Gold  (18)
To those who down-arrow me consistently:

1. You could try to post an intelligent response... if you have one, that is. Your previous attempts at such have been most amusing.

2. I couldn't care less what "score" I have... but you show that you do! Thanks for the heads up.

;)

3/9/2014 at 6:46 AM  2  7  Rating :  -5 1 AnswerPermalink
 Food for thought - 24hgold
An Answer to Warren Buffet on Gold  (18)

Without wanting to sound like I'm high on my horse... I put it to you that it is possible that any investment is an attempt to make something from another's loss. Indirectly through ETFs and shares or directly through speculation of some sort or another.

Its interesting how as a society we differentiate this behaviour so strictly. People like Warren Buffet are elevated to "hero" status while at th...
3/7/2014 at 2:48 PM  0  8  Rating :  -8 1 AnswerPermalink
 Mike Maloney - Goldsilver
How to Hide Your Gold and Silver  (20)

Aww did he give away your stashing spot?

Roman soldiers used to bury their money in the ground too... I guess some of us haven't advanced much in the past 2000 years.
3/7/2014 at 2:06 AM  1  7  Rating :  -6 1 AnswerPermalink
 Keith Weiner - Monetary Metals
The National Debt Cannot Be Paid Off  (9)
England called on the Rothschilds to help fund not just one but TWO major wars. France Nationalized the Rothschild Bank based in their country in 1981 - not that long ago. They renamed it Compagnie Européenne de Banque. Not just a theory, it happens often enough.

Old money does its best to survive the political upheavals over time. They pull a few strings, sure, but are they really the puppeteers in th...
3/7/2014 at 1:20 AM  0  3  Rating :  -3 1 AnswerPermalink
 Keith Weiner - Monetary Metals
The National Debt Cannot Be Paid Off  (9)
Of course the system is more complex. Debt is held in the form of treasuries outside the country but the Fed is the largest holder of US debt.

It operates under a charter granted to them by the U.S. Congress and the Treasury which can be taken away easily enough. The Rothchilds know full well how easy it is for their banks and money to be "nationalized" by government.

The US dollar can be contr...
3/6/2014 at 12:21 PM  0  5  Rating :  -5 1 AnswerPermalink
 Keith Weiner - Monetary Metals
The National Debt Cannot Be Paid Off  (9)
US debt is nominally very high, but as a fraction of GDP its not nearly as high as some other "well to do" western nations.

I don't think its right to compare Greek and US national debt. Greece can't print Euros and they certainly can't spread the debt burden to the rest of the trading world in the way the US can since it controls the global reserve currency.

The US owes money *to itself*. It...
3/5/2014 at 12:21 AM  2  7  Rating :  -5 1 AnswerPermalink
 James Howard Kunstler
Let’s You and Him Fight  (52)
Not that he mentions any of that. I guess you couldn't resist having a shot at HK for that stance.

"finance another's nation's freedom". Do you honestly think throwing money and guns at a region yields freedom for it's inhabitants? You really think this is about wanting to help people on the other side of the world keep safe and warm? As always it's about power, influence, resources.... an empire doing ...
3/4/2014 at 1:38 AM  8  5  Rating :  3 Permalink
 Richard Mills - Ahead of the Herd
Dawn of the Dead Watershed  (7)
Thanks for the education. I didn't know the great new hope for future oil was poisoning us so badly.

Looks like our deadline to come up with an alternative to oil (should it exist) just moved too close for comfort.
3/2/2014 at 11:59 PMPermalink
 Mike Maloney - Goldsilver
Financial Times Reports - London Gold Price Fix May Be Rigged
A small group of men deciding the fate and fortunes for the rest of us behind closed doors.

The question is really "who imagines for a second that it is NOT rigged?"

2/26/2014 at 4:02 PM  1  0  Rating :  1 Permalink
 Chris Powell - GATA
Rule sees 'God-given moment' for monetary meals investors
Monetary meals?

A bowl of silver nuts and gold nuggets with drinks, molten gold soup to start, tossed 100 dollar bill salad, tenderloin "wads of Yen" steaks garnished with ....
2/26/2014 at 3:57 PMPermalink
 James Howard Kunstler
Savagery for All  (25)
I agree. Unfortunately, the sad thing is that some *have* learned from those conflicts. They've learned how to turn a profit out of war and to pull off a Mafia-style protection racket on the whole world - serviced by a global tax that is a debased reserve currency.

The warmongers that pull the strings won't (and never have) given the slightest damn about the consequences seen at the ground level. At the...
2/26/2014 at 12:34 AM  1  1  Rating :  0 Permalink
 Mish - Global Economic Analysis
Humorous Quote of the Day  (3)
What? There's no tooth fairy? Santa has been lying to me all these years!
1/12/2014 at 4:53 AM  1  0  Rating :  1 Permalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
No in fact I was fairly sure I'd get a few crackpots like yourself having a go. Hook line and sinker anybody? I can't say I'm not amused, myself.

LOLs. "New world order" - I threw that out there as one of the more hair-brained "buy gold" themes. If it does happen I doubt a few chunks of yellow metal will make life any easier. Even brave keyboard warriors who had the balls make the commercials richer all...
12/10/2013 at 5:53 PM  0  3  Rating :  -3 Permalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
Btw... don't suppose you know me or my motivations. I'm not asking for pity at all. After all my losses in PMs I'm still not an unhappy guy. Certainly not to the point where I need to get online and hurl abuse at people for having an opinion that differs to mine, or to do things that I might disagree with.... this is the "land of the free" at its best I suppose?

Good luck to you with your foul-minded ex...
12/10/2013 at 3:54 PM  0  4  Rating :  -4 1 AnswerPermalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
Yes I though that might raise a spark. Get over it clown. I do what I want with what I work for. And no its wasn't "all" of it... it was a symbolic amount... maybe 5% of what was lost to market prices.

A liberating act, cleansing me of a miss-placed trust and putting too much value into a metal and not enough into people. Maybe you should do the same.
12/10/2013 at 9:40 AM  0  6  Rating :  -6 Permalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
I wish I was a government shill, then I could enjoy some kind of payoff from the subject. :) I didn't say a word about barbaric... I acknowledge the history and I'll still argue that gold is a better money than paper.

And I think my point is valid. For every person's neck that was saved by gold in Weimar Germany, there were probably at least as many that were cut for the very same reason.

But I...
12/8/2013 at 9:05 AM  0  6  Rating :  -6 1 AnswerPermalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
Are you expecting your current government to start a crazy conquest of all its neighbours any time soon? If you live in the USA then I find it even stranger that you expect your nation to be the loser in such a catastrophic event, since the winners get trainloads of gold to divvy up as the axis powers did after WW2. Is it really so safe to be a holder of gold in a conquered nation, even if you did survive the co...
12/5/2013 at 6:16 AM  1  7  Rating :  -6 1 AnswerPermalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
This windfall change that we're all waiting for with the $ can't happen with complacent populations that are incapable of keeping their governments accountable, let alone of revolution. Even then you'd probably still need to survive for a generation or two before order is re-established and you can spend your gold safely.
12/5/2013 at 2:23 AM  1  7  Rating :  -6 1 AnswerPermalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
Oh I regret my past decisions alright, my decisions to buy gold and silver in the first place. It's a mugs game.

I know, lets all have a game of monopoly... I'll be the banker and I'll manipulate the property prices on every roll... anybody want to play?

12/5/2013 at 2:07 AM  1  7  Rating :  -6 Permalink
 Jeff Clark - Casey Research
Time for Goldbugs to Admit Defeat  (14)
We were defeated a while ago, now we just lick our wounds and wait for them to come finish us off.
I won't be fooled into the gold market again in this life time thank you very much.

... and to think that I also looked at bitcoins way back when they were $10 and dismissed them as nothing but hot air.
Last time I looked they were 800 bucks. Sigh.
12/4/2013 at 1:32 AM  0  9  Rating :  -9 2 AnswersPermalink
 Jason Hamlin - Gold Stock Bull
Dr. Paul Craig Roberts on Syria, World War III, Dollar Collapse and $30,000 Gold  (13)
"Even if Assad did use chemical weapons, he did not use them against his own people." I would also add that it is quite beside the point whether they are his own people or not.

Serious chemical weapons (not milder deterrents like mace etc. but ones meant to kill or maim) are expressly forbidden by the Geneva Convention in WAR - i.e against those who are considered a mortal threat that is politically, re...
9/4/2013 at 7:06 PM  4  1  Rating :  3 Permalink
 Dennis Miller - Casey Reseach
What’s the Point of Owning All This Stuff  (6)
Completely agree. We still have boxes in the garage of "stuff" that we moved from the last house 5 years ago and they haven't even been opened.

I'd like to add that if any of this stuff is "tech" (TV's computers, phones, appliances etc etc.) then it VERY QUICKLY becomes obsolete junk. What was once "good stuff" quickly becomes "bad stuff" as we upgrade our devices like phones etc. If you don't sell the ...
8/23/2013 at 5:52 AM  4  1  Rating :  3 Permalink
 Ron Paul
Why Are We At War in Yemen  (29)
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8/13/2013 at 10:35 AM  1  1  Rating :  0 Permalink
 History of Silver
August 8, 1893 : The Repeal of the Silver Act  (9)
Fair enough. I wasn't claiming that Europe was trading with China before Marco Polo. I was saying that the withdrawal of the Roman empire from much of Europe didn't affect other parts of the world. When we look at the use of money in history we could probably find similar events elsewhere. For example when the Mongols invaded China not only did they massacre the people but I think their gold currency was replace...
8/13/2013 at 5:08 AM  4  0  Rating :  4 Permalink
 History of Silver
August 8, 1893 : The Repeal of the Silver Act  (9)
Hmmm... no coins for 600 years? Historians generally agree that the dark ages was the period between the end of the roman empire (5th C) until the beginning of feudalism in Europe (9th C) so that's 400 years, not 600.

http://www.numsoc.net/darkages.html

This article sites many examples of existing coinages at the time and gives us a window of no more than 190 years where coinage was not minted....
8/12/2013 at 11:05 AM  7  0  Rating :  7 1 AnswerPermalink
 History of Silver
August 8, 1893 : The Repeal of the Silver Act  (9)
Vox I kind of agree with you on paper. Gold mining is a very ugly business, it uses nasty chemicals and trashes landscapes. I'm not a fan of it and I hate to think how much worse the situation would get if gold were officially money again. I'm not a die-hard gold or silver fan. What I do like about these metals is their broad and undying acceptance as a most liquid asset.

I acknowledge and accept your c...
8/12/2013 at 6:01 AM  6  0  Rating :  6 1 AnswerPermalink
 History of Silver
August 8, 1893 : The Repeal of the Silver Act  (9)
What you're saying is Vox, that this natural gravitation towards gold as money as demonstrated by the human race for thousands of years is in fact wrong... they were all making a terrible mistake... virtually the entire human race, for hundreds of generations were actually poor misguided souls who didn't know what was good for them.

Without having lived a single life you would put your knowledge and ex...
8/10/2013 at 6:58 PM  8  0  Rating :  8 1 AnswerPermalink
 Dennis Miller - Casey Reseach
5 Point Test for Every Investment  (1)
I'm in Australia and we have no such thing as mortgage interest tax deductions! I mean seriously? Wow.... just WOW.

The US gov. gets its taxpayers to subsidise other people's property investments? So we have low income earners renting who pay higher taxes so that richer homeowners can get deductions on their McMansion payments? Without knowing much else, on the face of it, that seems like a good conten...
8/2/2013 at 6:37 PM  1  0  Rating :  1 Permalink
 JS KIM - Smart Knowledge U
The One Personality Trait that All Gold Silver Investors Need to be Profitable  (18)
Come on people. Vox may be a little negative toward PM's but the poor guy gets needlessly down-arrowed consistently for everything he says. We are all human and we all suffer from some form of delusion we call our opinion. None of us are "right" about everything but we can only hope to get closer to the goal by remaining open-minded. We may not like to hear things that contradict our own opinions but any reasoni...
7/26/2013 at 5:02 PM  2  2  Rating :  0 1 AnswerPermalink
 Charleston Voice
BREAKING NEWS - "Massive Fire" JP MORGAN NYC gold deposit - Seen as False Flag to Create Force Majeu  (11)
Well its obvious isn't it? This isn't a security guard carelessly disposing of a cigarette. With gold being so volatile in the markets of late it is natural to assume it is also now chemically volatile. Prone to spontaneous combustion at any moment! People wearing gold jewellery will be next! ;)


7/24/2013 at 7:12 AM  1  0  Rating :  1 Permalink
 Perth Mint Blog
12 astonishing things about gold  (19)
Yes the interest rates as presented here do look less stable than I had imagined... and yet....

* The rates look to be on a declining multi-century trend until the 1960s.
* The 1980's peak in interest rates dwarfs any previous move under a gold standard.

An investor looking to preserve wealth for a long period after WWI would have observed an historical average of somewhere around 6% and a ...
7/18/2013 at 5:37 AM  2  0  Rating :  2 Permalink
 Perth Mint Blog
12 astonishing things about gold  (19)
OK I'm getting a better picture now. I have heard you use the phrase "hedge against government" before also. I agree that much of what can be read about gold is untrue, or worse still 98% true with some false misdirection or conclusion.

I think it was Greenspan that said "gold is money in extremis" and I think that is a fair statement. That's happening right now with Iran and Turkey. Gold is THE most l...
7/17/2013 at 8:00 PM  4  0  Rating :  4 1 AnswerPermalink
 Perth Mint Blog
12 astonishing things about gold  (19)
If there were 3 billion tons of gold in the ocean it would be profitable to extract it. Even at 20 million tons one would only need to process 1% of the oceans in order to extract more above-ground gold than already exists on the planet. That's 8 trillion dollars at market rate. With the existing ocean currents a lot of the "heavy lifting" would already be done, leaving only the matter of extracting the gold as ...
7/17/2013 at 7:33 AM  2  0  Rating :  2 1 AnswerPermalink
 Perth Mint Blog
12 astonishing things about gold  (19)
Yup. Something in the ballpark of an Olympic swimming pool was what I heard.
7/16/2013 at 11:35 AM  3  0  Rating :  3 1 AnswerPermalink
 Tom DiLorenzo - lewRockwell
What Americans Used To Know  (22)
Ok now we're going beyond grammar. Its a pretty good case.
7/12/2013 at 3:52 PM  1  2  Rating :  -1 Permalink
 Tom DiLorenzo - lewRockwell
What Americans Used To Know  (22)
Ah HA!

(more LOLs)

I must say that is is a VERY common error today. I see it more often than not.
* your, you're
* its, it's
* where, we're
I see these all the time.

Vox, A court of law wouldn't entertain this as "evidence" for a second. Coincidence at best perhaps.

Either way it seems to have gained a most animated response which I think is part of your game....
7/12/2013 at 3:47 PM  8  2  Rating :  6 Permalink
 Tom DiLorenzo - lewRockwell
What Americans Used To Know  (22)
I read with much amusement and, dare I say it, agreement.
Folks I'm not taking any sides here.... I'm from Australia with an outsider's view of US history and politics

I've had a couple of "run-ins" with Vox myself but from what I've seen this is a fair take on matters.

Give credit where credit is due I say and keep the laughs coming.
:)


7/12/2013 at 3:34 PM  3  3  Rating :  0 Permalink
 James Howard Kunstler
We Are the Pea  (23)
A fine writer indeed. Great command of the language. Communicates his point well.
One can disagree with the subject, the sentiment, and even with the man himself but we can't deny the guy can write.

His articles get a lot of comments - so he's inspiring thought and discussion in his audience and should be proud of that fact alone.
I see a lot of long (boring) articles fly by this site without so...
7/3/2013 at 3:09 AM  4  0  Rating :  4 Permalink
 Warren Bevan - Precious Metals Stock Review
Things Just Got Ugly  (2)
I don't really need to. I don't have any "wealth" to store any more.
6/26/2013 at 9:10 AMPermalink
 Warren Bevan - Precious Metals Stock Review
Things Just Got Ugly  (2)
If this refers to the "yellow brick road" of PM investment then yup, count me out. I will never spend another cent on gold or silver for investment. I will not even glance longingly in their direction should they ever recover. If there is one thing I've learnt its that faith can be a dangerous thing in the world of money - it makes for predictable behaviour, which will always be capitalized on by the "players".<...
6/25/2013 at 5:01 AM  1  5  Rating :  -4 1 AnswerPermalink
 Warren Bevan - Precious Metals Stock Review
Things Just Got Ugly  (2)
As for the markets, we were on top of the reversal Wednesday and had several great short trades that worked out well.
....
Life really is great. Be thankful for everything you do have every day and the money will come. With a little hard work thrown into the mix.



Your gains are somebody else's loss, remember that. Life rarely looks bad when you're winning. The flipside is that somebody...
6/24/2013 at 11:06 AM  1  2  Rating :  -1 1 AnswerPermalink
 Peter Zihlmann
Silver: Will it Drop to $ 10/ounce  (8)
10% since 1964 ???? Wow that certainly seems to contradict my own experience. Can you site me some examples?
I wasn't alive in 1964 but I can remember back as far as 1977.

In Australia: 1977 / 2013

Candy Bar: 30c / $2.50
petrol (gas) per litre: 25c / $1.50
Milk per litre: 40c / $1.50
Loaf of bread: 50c / $3.50
Sydney ...
6/19/2013 at 8:54 PM  2  0  Rating :  2 1 AnswerPermalink
 Hugo Salinas Price - Plata.com
Copernicus, Galileo and Gold. Part II  (19)
If Vox was a wealthy individual he'd be more interested in money being a store of value.
6/19/2013 at 8:28 PM  4  0  Rating :  4 Permalink
 Hugo Salinas Price - Plata.com
Copernicus, Galileo and Gold. Part II  (19)
Well the irrefutable facts here are that whether you like it or not people have strayed and returned to gold time and time again... thus the analogy holds well enough and I continue to like it. Gold is and has been a monetary sun for humanity.

How frustrating it must be for you that you cannot change history to fit your view of the world. You seem to form opinions first and then try to make the facts fi...
6/19/2013 at 8:22 PM  4  0  Rating :  4 1 AnswerPermalink
 Hugo Salinas Price - Plata.com
Copernicus, Galileo and Gold. Part II  (19)
Vox, your opinions are as ugly and twisted as your avatar picture.

So long as your siting the worst examples here, lets look at Zimbabwe not so long ago. I am holding a wad of 100 trillion dollar bills that I bought on eBay for 20 bucks. That's 99.999999998% loss of value in just a few years. Clearly orders of magnitude greater than Phillip II. When confidence is lost in fiat it becomes worthless while ...
6/19/2013 at 5:21 AM  5  1  Rating :  4 Permalink
 Hugo Salinas Price - Plata.com
Copernicus, Galileo and Gold. Part II  (19)
Gold - the monetary Sun. Nice.

Gold need not be the centre of our monetary universe, true. However I believe it does possess the intrinsic requirements of money better than almost anything. The analogy here is fitting in some ways since the orbiting currency planets DO follow an elliptical path - i.e drifting further away from some form of gold standard and then returning closer to it. Historically curr...
6/18/2013 at 6:53 AM  7  0  Rating :  7 1 AnswerPermalink
 Nathan Lewis - New World Economics
"Reinstatement of the Dollar: a Blueprint" (Arthur Laffer, 1980)  (3)
"I wonder what Laffer would consider a historical case of a major monetary event being caused by some gold-centric factor. I've never really found one. "

How about the Spanish conquest of the new world that brought a steady stream of gold from South America? Europe underwent such inflation that the prices of some staple goods rose by a factor of 600%-700% during that period. So much for gold always bein...
6/13/2013 at 5:07 AM  2  0  Rating :  2 Permalink
 Sam Kirtley - Sk Options Trading
Only One Thing Matters For Gold Prices: There is No More QE  (5)
1. In order to appear somewhat credible and scientific one does need to entertain the options once in a while. Otherwise you can appear fixated. It doesn't surprise me in the least that after trillions in QE over 4 years, the Fed has said this. They get to see the market's reaction and at the same time get some credibility.

2. Lets say for a minute that the Fed does what it says and *tapers* QE. Lets s...
6/6/2013 at 8:24 PM  1  0  Rating :  1 Permalink
 Richard J. Greene - Thunder Capital
Just Remember… They’ve been telling your Gold is a barbaric relic for decades now !  (15)
"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is...
5/30/2013 at 7:13 AM  3  0  Rating :  3 Permalink
 Clive Maund
Gold Market Update  (6)
I haven't seen Clive this bullish in a long time!
5/22/2013 at 10:36 AMPermalink
 Mark O'Byrne - gold.ie
Silver Surges 6.8 From Lows After Slammed 10 Lower In 4 Minutes
... and now its higher than it was before the takedown. Gold is back up too.

Go figure. Support this strong is unexpected and a little weird to be honest.

5/20/2013 at 7:14 PM  1  0  Rating :  1 Permalink
 Mish - Global Economic Analysis
EU Emissions Trading in Tatters (As It Should Be)  (1)
Global warming or not we treat this planet atrociously. At least the EU tried to do something about it.

What does the US do? They TRASH their once awesome and beautiful land for monetary gain so that they can spread their political disease to any country weak enough to listen, via war mongering and outright theft. and then laugh at the EU for making an effort to do something right?

Oh well, ho...
5/17/2013 at 3:42 AM  1  1  Rating :  0 Permalink
 John Browne - Euro Pacific Capital
Germany Under Pressure To Create Money  (2)
"However, the German elite has long seen the EU as an opportunity for acquiring the empire Germany has for so long desired."

This is a bit rich. Germans, for the most part are a hard working and disciplined lot who just happen to be very good at what they do. They made a commitment to the EU and the true test of any commitment is how it fares during a crisis. To their credit Germany has been quite good ...
5/12/2013 at 12:31 PM  1  0  Rating :  1 Permalink
 Dan Dontrose - The Fundamental View
Gold And Silver Suffer Major Technical Damage: Updated Charts  (5)
You got your wash today. There will be more. It won't stop at 1300.

My offer still stands.






4/15/2013 at 12:29 PM  1  2  Rating :  -1 Permalink
 Dan Dontrose - The Fundamental View
Silver Has Broken Down  (5)
Cudos to anybody who can buy a large amount of anything and afford to sit on it for 4 years.
:)

In fact, well done to all of you for doing so much better than me at everything. Pretty soon you'll have one less loser to push around.

4/4/2013 at 6:49 PM  0  3  Rating :  -3 Permalink
 Dan Dontrose - The Fundamental View
Silver Has Broken Down  (5)
THE ROCK? no I don't build on ex-wrestlers who think they can act.

I researched into property for 2 years before buying. For my entire life I watched property double in value consistently roughly every 10-15 years. I observed and absorbed information for a good year before buying into PMs. In both cases I probably got the wrong advice but at the time historically both had done very well. I made decision...
4/4/2013 at 6:42 PM  2  2  Rating :  0 Permalink
 Dan Dontrose - The Fundamental View
Silver Has Broken Down  (5)
I'm not an investor... I don't own shares or have a portfolio. I don't even have any superannuation (401K) due to being "self-employed". I bought PM's because I was seeing a 40% drop in my US dollar salary (in AU dollars) over the past 5 years. I tried to protect myself against the crashing value of money, at least as I saw it.

My property needs maintenance before selling which I can't afford of course...
4/4/2013 at 3:41 PM  2  1  Rating :  1 Permalink
 Dan Dontrose - The Fundamental View
Silver Has Broken Down  (5)
Thanks for your comments. I'm based in Australia and sitting on top of a property bubble that everybody thinks is "different here" when the rest of the world has dealt with theirs. Pretty much resigned to the fact that I'm just a sheep who is going to get fleeced, fleeced some more and then skinned for good measure. Oh and I lost my job 3 months ago so there won't be any treading water... just sinking like a sto...
4/4/2013 at 9:09 AM1 AnswerPermalink
 Dan Dontrose - The Fundamental View
Silver Has Broken Down  (5)
Sorry but to my ears thats the same old dribble that kept me seeing "buying opportunities" instead of selling when I wasn't under water. Over it. The sooner that talk stops the sooner people can make better informed decisions in my opinion.

As for "other tangible investments" yeh there's the family dump that the bank owns 80% of thats lucky to be worth the same as what we payed 6 years ago... and... no...
4/3/2013 at 8:49 PM  3  6  Rating :  -3 1 AnswerPermalink
 Dan Dontrose - The Fundamental View
Silver Has Broken Down  (5)
Well the PMs got slammed again yesterday.... I'm guessing I'll be feeding my bullion to the pigeons by years end. Unless of course I can manage to suicide before then. I'm done.


4/3/2013 at 2:38 AM  2  3  Rating :  -1 Permalink
 Mish - Global Economic Analysis
Windows 8 Adoption at Standstill; Microsoft Slashes OEM Bundle Price to $30 from $120  (2)
Sad, but I think Microsoft has had a pretty good run - they dominated PCs for decades.
Time to move aside - especially if they can't keep they're lead after such a big head start.
3/12/2013 at 11:25 PM  1  0  Rating :  1 Permalink
 Food for thought
Who will destroy the World  (17)
FFS people this is a gold/silver site! Do you really think the topic of evolution vs creationism can be hammered out here? Or are we all watching an intellectual arm wrestle between a couple of sweaty bar flys drunk on their own egotistical dribble?
1/3/2013 at 1:16 AM  3  5  Rating :  -2 1 AnswerPermalink
 Jim Willie CB - Hat Trick Letter
Immutable Gold Laws  (19)
"permanent ZIRP policy" - isn't this like the "ATM machine" joke?

"zero interest rate policy policy"

sorry I couldn't resist.
:)
11/29/2012 at 1:21 AMPermalink
 Gold Forecaster
Gold and Silver Market morning, September 06 2012  (4)
heartening indeed
:)
9/7/2012 at 8:52 AMPermalink
 Andy Hoffman
One Giant Leap  (59)
Wow Andy... if I hadn't read it here I never would have known. If such an important contributor to America and the world can die with so little acknowledgement... it sadens me to think how we have lost our way. Well said btw... I was moved.

9/4/2012 at 12:22 AM  1  1  Rating :  0 Permalink
 Lew Rockwell
Ron Paul and the Future  (45)
I'm 7000 miles away in Australia and Dr. Paul is an inspiration even to me. America - and the world - need more men like him.
8/28/2012 at 1:50 PM  27  2  Rating :  25 Permalink
 Jesse
Chris Hedges: Brace Yourself, the American Empire Is Over  (4)
Wow, this guy is switched on.

I don't agree with everything he says, but his depth of analysis is superb. We need more minds like this man on the planet.
7/20/2012 at 8:58 AM  6  0  Rating :  6 Permalink
 Andy Hoffman
They Want You Dead!  (9)
Comon Andy, this is going a bit far. :)

TPTB are smart enough to realize that killing everybody off doesn't make them richer. It simply reduces demand in a big way for what would be a massive glut of availble "wealth". Everything from property to gold and silver would lose value in direct proportion to the numbers being "culled".

To extend this theory towards an extemity (something I always do ...
7/12/2012 at 12:42 PM  3  0  Rating :  3 Permalink
 Keith Weiner
In Defense of the Corporation  (6)
Great read... and some of my ill-will towards the corporate system has been dissolved. I now have a better appreciation for both sides.

However... The corporation is often owned by a faceless group of investors, usually via managed funds. They are slaves to the demands of share-holders slamming their fists for ever-increasing profits. The shareholders are drawn to invest in ever-increasing hoards as fia...
6/8/2012 at 6:57 AMPermalink
 Perth Mint Blog
Interesting Sales Trend Emerges - What’s Your View  (1)
I'd be interested to know if the trend is reflected in gold. Are the smaller 1/10 gold coins becoming more popular? Yes I've got about 10% of my silver stack in 1/2 oz coins.

Why? I buy gold and silver for 2 reasons:
a) Investment / Inflation hedge
b) Catastrophe insurance

I buy larger, cost-effective portions to satisfy a).
I buy smaller 1/2oz and 1oz lots for reason b).

6/7/2012 at 10:41 AM  2  0  Rating :  2 Permalink
 Clive Maund
Gold Market Update  (2)
Always enjoyed your analysis Clive. I find it refreshingly impartial, unemotional and most importantly, honest. Being "spot on" or at least "close to the mark" most of the time doesn't hurt either. ;)

Of all the articles contributed to 24hr gold, I find yours the best. Keep up the good work! I missed your commentry for the past couple of months... hope you had a nice break.
1/18/2012 at 5:16 AM  1  0  Rating :  1 Permalink
 John Rubino - Dollar Collapse
Precious Metals: Just a Squiggle  (11)
Hi Bill,

Thanks for your response. Wow I really was spitting the dummy at this point wasn't I? Ha ha. So thats what I said at the time, but what did I actually do? I bought more (sly grin). I sold one of my guitars and juggled the family budget to make room for another purchase. I needed to look at the big picture, and for the most part I'm in this game for the long-haul.

I watched the charts a...
9/27/2011 at 8:39 AM1 AnswerPermalink
 John Rubino - Dollar Collapse
Is the Eurozone Crisis a British-American Fantasy  (1)
I completely agree. Check out this chart of currency indexes...

http://www.forex-central.net/currency-indexes.php

... go to the "weekly" view showing 2003 to present. Can you see the euro drop below the 0% line EVER? No. It rises 25% and then takes a few tumbles in recent years, but despite all of this hallabaloo about the death of the Euro, its still worth more today than it was in 2003.
...
9/25/2011 at 4:52 PMPermalink
 John Rubino - Dollar Collapse
Precious Metals: Just a Squiggle  (11)
PM as a store of wealth? Yeh whatever. Unless you're already wealthy enough to take big losses, to have lots of funds to hold you out while you wait for things to recover then its a waste of time. Anybody who was going to make money out of PM's bought them years ago... and then promptly started drumming up the hype. The rest of us are just pawns in their game.

$10,000 gold? $500 silver? The world finan...
9/25/2011 at 7:16 AM1 AnswerPermalink
 Gary Tanashian - Biwii
To the newly minted gold bugs  (3)
Could an ounce of gold buy you a nice men's suit back when it was $300?
8/19/2011 at 1:18 AMPermalink