tag:blogger.com,1999:blog-4490468598422095060.post2580733791535782393..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Timing Is EverythingFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger75125tag:blogger.com,1999:blog-4490468598422095060.post-35002721031902959152010-07-08T01:45:19.070-07:002010-07-08T01:45:19.070-07:00Greyfox "It's the Debt, Stupid, its likel...Greyfox "It's the Debt, Stupid, its likely that he donated already ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-16188518703324582532010-07-08T01:12:38.904-07:002010-07-08T01:12:38.904-07:00Greyfox,
I would argue that there is a rising flo...Greyfox,<br /><br />I would argue that there is a <b>rising</b> floor price under gold that will never be breached again. Another explained that it would bring the whole game undone.<br /><br />The price of gold can never be allowed to fall below the cost of production. Another explained that this happened in the late 1990s. He explained that this could have choked off mine supply and prompted costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-41451620282596629182010-07-07T19:58:53.398-07:002010-07-07T19:58:53.398-07:00FOFOA,
That link answers my question about whether...FOFOA,<br />That link answers my question about whether or not he has been reading your blog. Most important/significant is that he has been heavily influenced by your articles as reflected in his writings. Now we need to convince/induce him to donate a cut of his writing income to support "The Blog".Greyfox "It's the Debt, Stupid"https://www.blogger.com/profile/02320201468671472952noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-8401728546175627122010-07-07T19:19:24.528-07:002010-07-07T19:19:24.528-07:00Hello Greyfox,
Did you ever read this one by Jeff...Hello Greyfox,<br /><br />Did you ever read this one by Jeff?<br /><br /><a href="http://www.gold-eagle.com/editorials_08/nielson042410.html" rel="nofollow">http://www.gold-eagle.com/editorials_08/nielson042410.html</a>FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-45078623815084005682010-07-07T18:17:37.207-07:002010-07-07T18:17:37.207-07:00Maybe Jeff has started reading FOFOA and has seen ...Maybe Jeff has started reading FOFOA and has seen the "light".<br /><br /><br />How The Banksters Serve The Gold-Buyers <br />Jeff Nielson<br />July 5, 2010<br /><br />Enter the anti-gold cabal. The same arrogant bankers who smugly once believed that they could control the gold market "forever" with the (once) vast hoards of bullion which they held are now beginning to Greyfox "It's the Debt, Stupid"https://www.blogger.com/profile/02320201468671472952noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10445817574458354352010-07-07T17:31:02.368-07:002010-07-07T17:31:02.368-07:00Eurosystem gold reserves climb by 65.4 billion eur...<a href="http://www.usagold.com/cpmforum/?p=178090" rel="nofollow">Eurosystem gold reserves climb by 65.4 billion euros</a> <br />Jul 7th, 2010 13:30 by RS <br /><br />In the consolidated financial statement of the Eurosystem <a href="http://www.ecb.int/press/pr/wfs/2010/html/fs100707.en.html" rel="nofollow">released today</a> by the ECB for the week ended Friday July 2nd, the numbers therein FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13118277463199127292010-07-07T02:05:04.227-07:002010-07-07T02:05:04.227-07:00@Tuco
thanks so much! I will read this over a few...@Tuco<br /><br />thanks so much! I will read this over a few glasses of red. All the best.dojufitzhttps://www.blogger.com/profile/00687872625753864690noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-79967349932422573802010-07-07T01:56:45.978-07:002010-07-07T01:56:45.978-07:00@dojufitz
PDF of entire book is available here:
...@dojufitz<br /><br />PDF of entire book is available here: <br /><a href="http://books.google.co.nz/books?id=VtIZAAAAYAAJ&printsec=frontcover&dq=William+Gouge.+The+Curse+of+Paper-Money&source=bl&ots=T-2wFK2bxi&sig=9wXy7rl7meTCBQcIJqF8AsodhOk&hl=en&ei=_z80TI-WGonQcdnHyM8D&sa=X&oi=book_result&ct=result&resnum=1&ved=0CBkQ6AEwAA#v=onepage&q&f=Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-51577817362038798822010-07-06T23:18:25.390-07:002010-07-06T23:18:25.390-07:00This is all an old story...lol.
http://cgi.ebay.c...This is all an old story...lol.<br /><br />http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=350294621930&ssPageName=STRK:MEWAX:IT<br /><br />Had a chuckle when i stumbled upon it out of no where....dojufitzhttps://www.blogger.com/profile/00687872625753864690noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87709386299988169492010-07-06T22:22:46.455-07:002010-07-06T22:22:46.455-07:00@ Cosata
"This would partially explain why t...@ Cosata<br /><br />"This would partially explain why they are pumping so much money into building their downstream oil processing infrastructure (petrochemicals etc). This suggests a desire to add value to the resource rather than an expectation that the raw material is going sky high."<br /><br />That makes a lot of sense.Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87018127769361038162010-07-06T18:12:08.391-07:002010-07-06T18:12:08.391-07:00GG,
If A/FOA were right the House of Saud is prob...GG,<br /><br />If A/FOA were right the House of Saud is probably positioning itself to defend its finances against LOW oil prices rather than trying to hide reserves from acquisitive Empires.<br /><br />They have always known that fiat currency is a lousy deal for long term wealth storage.<br /><br />Peak Cheap Oil notwithstanding they are pumping around 8.5m barrels a day while they have the costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61398271660436260692010-07-06T11:46:21.175-07:002010-07-06T11:46:21.175-07:00@costata:
"and he added off camera 'to m...@costata:<br /><br />"and he added off camera 'to make it even harder for anyone to make an accurate assessment of our oil reserves"<br /><br />Yup. Especially with criminals/thieves like the United States around. Perhaps they have realized that the Western powers will never stop plundering their natural resources via the fiat money system.GGhttps://www.blogger.com/profile/07903816348264785453noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-43065472158070387672010-07-06T10:13:22.103-07:002010-07-06T10:13:22.103-07:00Gold seems to be taking a pounding on comex again ...Gold seems to be taking a pounding on comex again today.<br /><br />Traded well during the Asian Markets crashing half way after londonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-17063599387443360412010-07-06T09:47:04.259-07:002010-07-06T09:47:04.259-07:00Far be it to point out the obvious, but with gold ...Far be it to point out the obvious, but with gold selling off presumably because there is deflation everywhere (money supply shrinkage), the base metals are skyrocketing today on renewed demand/inflation. SPX futures were down 10 last night around 11 and rebounded a full 22 points to indicate an +11 open. The DXY sold down because of some rumor that the stress tests mean something in europe and Shttps://www.blogger.com/profile/05174134063094011064noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-3686647839848720642010-07-06T09:47:02.664-07:002010-07-06T09:47:02.664-07:00Far be it to point out the obvious, but with gold ...Far be it to point out the obvious, but with gold selling off presumably because there is deflation everywhere (money supply shrinkage), the base metals are skyrocketing today on renewed demand/inflation. SPX futures were down 10 last night around 11 and rebounded a full 22 points to indicate an +11 open. The DXY sold down because of some rumor that the stress tests mean something in europe and Shttps://www.blogger.com/profile/05174134063094011064noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47828345908938023242010-07-06T03:48:38.680-07:002010-07-06T03:48:38.680-07:00FOFOA why are we not talking on King Abdullah'...FOFOA why are we not talking on King Abdullah's halt on further oil explorations ?<br /><br />Have they decided to stop swapping their precious oil for worthless dollars and very high prices gold ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-24563391115728736332010-07-06T00:42:58.022-07:002010-07-06T00:42:58.022-07:00Thank you guys for all your explanations, that rea...Thank you guys for all your explanations, that really makes a lot of sense.<br /><br />Another problem that I see with SDR's is that why will other sovereign nations accept IMF created SDR's, another shot at American hegemony ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40366460599840751282010-07-05T22:10:01.570-07:002010-07-05T22:10:01.570-07:00Local currencies in Germany?...
German Local Curr...Local currencies in Germany?...<br /><br /><a href="http://www.youtube.com/watch?v=ASZbSyDcS3c" rel="nofollow">German Local Currencies</a><br />.Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63264128061599868502010-07-05T19:00:04.910-07:002010-07-05T19:00:04.910-07:00FOFOA,
Is this the beginning of the debt restruct...FOFOA,<br /><br />Is this the beginning of the debt restructuring?<br /><br />"'Greece has already started to restructure its state debts,' says John Dizard in today's FTfm supplement, citing a little-noticed decision by the Greek Ministry of Health and Social Welfare to repay debts of €5.36 billion ($6.7bn) – owed to medical suppliers – with either zero-coupon bonds or a 'costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66899695121910469452010-07-05T10:34:11.700-07:002010-07-05T10:34:11.700-07:00And of course if things remain as they are today 1...And of course if things remain as they are today 1% of the population will own 50% of the wealth and 10% of the population will own 90% of the wealth.<br /><br />1% will own 2.5 billion ounces. That's about 50 ounces each. Of course it works out more per family. If your family consists of 5 members, to be in the top 1% your family will need to own 250 ounces. That's if you assume the top mikedhttps://www.blogger.com/profile/13981067672117897379noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57652825270712328252010-07-05T10:10:15.606-07:002010-07-05T10:10:15.606-07:00>>Also, when freegold kicks in, how much gol...>>Also, when freegold kicks in, how much gold do you feel a person holds will be enough to make the most of it , I mean can you hint towards a base line ?<br /><br />There is one ounce of physical gold per person on the planet and 85% is already in private hands. That should give you a baseline to start from Samix :)mikedhttps://www.blogger.com/profile/13981067672117897379noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48261147842285883512010-07-05T07:30:15.194-07:002010-07-05T07:30:15.194-07:00samix,
"I feel that to maintain the status q...samix,<br /><br />"I feel that to maintain the status quo the powers that are will try to find a replacement system like SDR/Basket of Currencies etc"<br /><br />I have been interested in SDRs for a while so I'd like to respond to this part of your question.<br /><br />I don't think that the SDR can be a viable alternative to the failing US$ as an international reserve currency costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-4925342752102026702010-07-05T05:04:25.267-07:002010-07-05T05:04:25.267-07:00@ samix,
SDR/debt-backed paper will be rejected b...@ samix,<br /><br />SDR/debt-backed paper will be rejected because the debt is unsustainable. It has already reached its maximum, and the whole world, except the US, is moving away from additional spending. The US, as much as it would like to, cannot force the ROW to spend.<br /><br /><br />How much gold a person should hold is a personal decision, with many variables. There is no "correct&Angel Eyeshttps://www.blogger.com/profile/07292792036696712295noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-20890579366013790082010-07-05T04:15:42.317-07:002010-07-05T04:15:42.317-07:00The UN has called for the dumping of the dollar, f...<i>The UN has called for the dumping of the dollar, freegold next ?</i> <br /><br />That quote is not exhaustive.<br /><br />The UN called for dumping the USD in favor of the SDR and did not mentioned gold anywhere.Martijnhttps://www.blogger.com/profile/10691085642452851905noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-17543604076624674032010-07-05T02:50:32.338-07:002010-07-05T02:50:32.338-07:00The UN has called for the dumping of the dollar, f...The UN has called for the dumping of the dollar, freegold next ?<br /><br />FOFOA: I feel that to maintain the status quo the powers that are will try to find a replacement system like SDR/Basket of Currencies etc<br /><br />Why do you feel that all this will fail and freegold will reign ?<br /><br />Also, when freegold kicks in, how much gold do you feel a person holds will be enough to make theAnonymousnoreply@blogger.com