tag:blogger.com,1999:blog-4490468598422095060.post3354490195175474864..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Fair Value Gold?FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger56125tag:blogger.com,1999:blog-4490468598422095060.post-6380668498643408592009-10-19T07:19:49.220-07:002009-10-19T07:19:49.220-07:00I am looking for Chinese exporters of Bags and tra...I am looking for Chinese exporters of Bags and travel goodsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55124607065987050512009-10-17T16:19:32.511-07:002009-10-17T16:19:32.511-07:00In the analysis of the demand for dollar liquidity...In the analysis of the demand for dollar liquidity as dollar denominated assets are sold to exchange for gold, a clear distinction needs to be made between purchasing dollars to provide liquidity as transactions occur and holding dollars to have available for potential needs for liquidity. During the 2008 financial crisis, many investors attempted to hold dollars to provide for potential needs David Alexanderhttps://www.blogger.com/profile/06980963650678281323noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-42661971768827395302009-10-17T15:32:28.780-07:002009-10-17T15:32:28.780-07:00Harrods of London is now selling Gold Bullion at i...Harrods of London is now selling Gold Bullion at its store....<br /><br />http://www.theage.com.au/executive-style/luxury/harrods-moves-into-flourishing-gold-market-20091016-gzxe.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-38125331851305662072009-10-17T09:16:14.517-07:002009-10-17T09:16:14.517-07:00Van Eeeden has more confidence than competence.Van Eeeden has more confidence than competence.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32285569651562868702009-10-17T02:31:28.803-07:002009-10-17T02:31:28.803-07:00Thanks guys for explaining the Elliot Wave thing f...Thanks guys for explaining the Elliot Wave thing for me. <br /><br />Because what E.W. says sounds good, but only if you view dollars as a store of wealth. <br /><br />And who in in their right mind will view dollars as a store of wealth when this thing really gets going?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-11410925318369738612009-10-17T00:25:32.801-07:002009-10-17T00:25:32.801-07:00FOFOA,
thanks for the tip to your Exter article. ...FOFOA,<br /><br />thanks for the tip to your Exter article. Look forward to reading that. Most of what I know about is is from looking at his work directly and from Fekete's discussions.<br /><br />Another aspect of the Elliot wave analysis is that they use their tools in markets that are not free. As Chris Powell says (probably not quoting verbatim): There are no markets anymore, just Chris Tnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61704325578411768682009-10-16T21:49:01.286-07:002009-10-16T21:49:01.286-07:00Hello Chris,
Yes, my position is that of "re...Hello Chris,<br /><br />Yes, my position is that of "real" deflation. That is, deflation in real terms (gold)! What makes it so difficult for traditional "deflationists" to grasp is that it will end in hyperinflation of paper dollars, which I have shown has much more in common with their understanding of "deflation" than with commonly understood inflation. As I FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61034682233049313002009-10-16T21:18:39.642-07:002009-10-16T21:18:39.642-07:00Hello FOFOA!
A very interesting commentary, found...Hello FOFOA!<br /><br />A very interesting commentary, found it very thought provoking.<br /><br />As one, who believes that Dr. Fekete's take on gold and rising/declining interest rate structures are correct also, I try to square what I read in those terms.<br /><br />I think your point about the pass-through of wealth to gold via the dollar, is another way of showing what John Exter showed Chris Tnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-28849452443144214342009-10-16T13:25:53.923-07:002009-10-16T13:25:53.923-07:00i'm trying to think of some fabulous sources o...i'm trying to think of some fabulous sources off the top of my head. William Engdahl's book, seeds of deception covers the topic. but here are a few links:<br /><br />btw, it's important to note that GM seeds are pretty bad for a number of reasons, this is just one of the misleading claims of benefits. <br /><br /><a href="http://www.aaemonline.org/gmopost.html" rel="nofollow">Am SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-67675444779604191692009-10-16T12:45:54.200-07:002009-10-16T12:45:54.200-07:00I would love to see your research on this. Maybe I...I would love to see your research on this. Maybe I have been a victim of the hype as well :)<br />Will look into it.<br />ThnksThe Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-28213813759081511362009-10-16T12:41:41.627-07:002009-10-16T12:41:41.627-07:00MS, my studies indicate that while initially yield...MS, my studies indicate that while initially yields were up slightly because of agricultural technology, unfortunately, those yields have actually declines, to the point that yields are actually much lower now, than shortly after introduction (maybe due to resistance, mono-cropping, too many inputs into soil, dead soil, etc), and even lower than before they were introduced in some cases. in SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-90224975169565995752009-10-16T12:31:42.532-07:002009-10-16T12:31:42.532-07:00Satya, that is certainly possible and may have pla...Satya, that is certainly possible and may have played a role in keeping prices low.<br />That said, look at our yields per acre in the 1980's to now. We quadrupled our use of pesticides and fertilizers and also improved our irrigation techniques.The most high tech Monsanto seeds produce almost 5 times the yield per acre than a 1980's seed without the use of fertilizers. <br />My point is The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-6607383353961181822009-10-16T12:27:28.025-07:002009-10-16T12:27:28.025-07:00MS - don't you think that price suppression in...MS - don't you think that price suppression in the futures of these commodities is along similar (if not complete) lines as gold and silver? i.e. has paper crops artificially suppressed the price of those crops and other commodities?SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-34161984307960047282009-10-16T12:05:27.118-07:002009-10-16T12:05:27.118-07:00Satya,
I knew I should have specified. No I am tal...Satya,<br />I knew I should have specified. No I am talking about Corn, Wheat, Soybeans, oil etc. <br />Till 2005 all were below their 1980's highs. <br />Even now many are still below. <br />I have some more thoughts on Gold and Silver and the 1980's price which I should put up on my blog over the weekend.The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-79375124419518895622009-10-16T11:33:31.588-07:002009-10-16T11:33:31.588-07:00@ender:
even (especially?) for me, this paradigm ...@ender:<br /><br />even (especially?) for me, this paradigm shift can be difficult to fully digest and assimilate. I catch myself at times with feet in both paradigms, probably unaware of the times at which I either contradict myself, or leave questions that seem unanswerable. <br /><br />this is why i appreciate you all repeating things on this website too. to explain it in different terms, SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63488237092264575252009-10-16T11:14:50.843-07:002009-10-16T11:14:50.843-07:00From the article: "But in reality it will be ...From the article: "But in reality it will be causing long term pain that will be felt by the whole world, especially us in its legal tender zone."<br /><br />Ouch. I hate pain in my legal tender zone. Let's leave the tender zones alone!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-72073457026810670902009-10-16T10:49:04.590-07:002009-10-16T10:49:04.590-07:00The paradigm shift that FOFOA talks about has at i...The paradigm shift that FOFOA talks about has at its root the concept of wealth reserve. When you hold a wealth reserve, you hold the ‘art’ that is at the heart of defining what is real and what is not. When you stand side by side with two BMW owners, where one will let you touch the car and the other will only let you see the title, it is obvious with regards to who enjoys their wealth!<br /><brEnderhttps://www.blogger.com/profile/11823932849020536252noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-58809572305989908782009-10-16T10:31:14.208-07:002009-10-16T10:31:14.208-07:00@fofoa:
my calculation at 8:08PM was a mistake. i...@fofoa:<br /><br />my calculation at 8:08PM was a mistake. i re-read Paul's articles and discovered that when he valuated gold at $700 in 2002, he was using M3 as US money supply metric, but in his current article that he thinks gold over valued, he is using M2 as money supply metric. <br /><br />we know FED has stopped publishing M3 data in 2006, as it "is not accurate measure for moneyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-70475376884470086842009-10-16T09:23:06.784-07:002009-10-16T09:23:06.784-07:00@ fofoa: touche :)
@ mad scientist. are you impl...@ fofoa: touche :)<br /><br />@ mad scientist. are you implying that you believe gold and silver are simply raw commodities?SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66033063950506301622009-10-16T07:28:37.719-07:002009-10-16T07:28:37.719-07:00Satya,
Thanks for those charts.
No I had not seen ...Satya,<br />Thanks for those charts.<br />No I had not seen them. $3500 was my rough estimate.<br />I do not know shadow stats exact methodology, it is certainly likely to be more accurate than the official CPI.<br />I will say this though, considering that most commodities are below or just above their 1980 peak price, in nominal terms, some 29 years later,<br />I have to lean towards my The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57729461630651009792009-10-16T06:42:30.269-07:002009-10-16T06:42:30.269-07:00Nice one<a href="http://www.nber.org/papers/w15404" rel="nofollow">Nice one</a>Martijnhttps://www.blogger.com/profile/10691085642452851905noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87157238481921067502009-10-16T02:29:27.272-07:002009-10-16T02:29:27.272-07:00FOA: "Sir, This is your perception and perha...FOA: <i>"Sir, This is your perception and perhaps that of a few others. I and many other readers do not accept your big brother scare innuendoes and feel the prudent allocation of wealth assets will see us thru most of this."</i> <br /><br />Goodnight all, and sweet dreams!<br /><br />Sincerely,<br />FOFOAFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-75709838699815522082009-10-16T02:10:53.214-07:002009-10-16T02:10:53.214-07:00I hope for Freegold, but prepare for the Orwellian...I hope for Freegold, but prepare for the Orwellian boot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-34302537258512000702009-10-16T02:03:14.724-07:002009-10-16T02:03:14.724-07:00anon: since many of the central banks seemed to h...anon: since many of the central banks seemed to have turned to being buyers of gold, of late, woulnd't it make sense that many of them were buying it up personally, taking advantage of the end of the line of the neoliberal bus?<br /><br />i have the same question on many levels, only bc my program tells me (i think like martijn's): something's not right. it can't be this easy. SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-90509507707901624762009-10-16T01:56:27.905-07:002009-10-16T01:56:27.905-07:00Bump
Things going wrong in the gold marketBump <br /><br /><a href="http://www.marketskeptics.com/2009/10/things-going-wrong-in-gold-market.html" rel="nofollow">Things going wrong in the gold market</a>FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.com