tag:blogger.com,1999:blog-4490468598422095060.post5459236216286816043..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: A picture worth a thousand wordsFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger112125tag:blogger.com,1999:blog-4490468598422095060.post-44116163951154862582012-11-09T06:39:18.952-08:002012-11-09T06:39:18.952-08:00Like folks here understand Faith. Your question m...Like folks here understand Faith. Your question makes me laugh. <br /><br />Jesus and Mohammad had more in common than FOFOA, ZH & GATA ever could have. Those two guys understood honor and what liberty meant to the individual.<br /><br />You guys here are the same as ZH & GATA in that you wanna decide which DIS-honest system is best (no different than arguing between Mit the Twit and Luminous Views Photography Artisthttps://www.blogger.com/profile/05041308536292075964noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-45290004042222504002012-08-10T06:06:46.864-07:002012-08-10T06:06:46.864-07:00Hi e_r,
I have not idea what "general equiti...Hi e_r,<br /><br />I have not idea what "general equities market will die" means?<br /><br />I can let you know people don't like having words put in the mouth. Maybe a more open minded approach to matters you claim to not know about is warranted, or if its ruse, just be more direct. Its clear you are advocating for a hidden aganda, so just be honest about it. Don't try to JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-24441966621902748682012-08-09T23:22:15.076-07:002012-08-09T23:22:15.076-07:00Aaron,
IMO some good "thought food" in ...Aaron,<br /><br />IMO some good "thought food" in those ideas you inserted. Thank you. Though I'm not sure that you need to insert the word 'gold' in front of the word savers.<br /><br />As our favourite big-picture Yeti has pointed out it's the choice of savings vehicle that makes a world of difference not the saver. The action as opposed to the actor because the intentcostatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40646647942082042762012-08-09T20:23:11.947-07:002012-08-09T20:23:11.947-07:00Uncle! Uncle! *raises hand* I have a question!
Bu...Uncle! Uncle! *raises hand* I have a question!<br /><br />But first, I'd like to repost part of your comment and add a few ideas noted in [<b>bold</b>].<br /><br /><br />"<i>I have been attempting to refine and articulate my criticism of the current system of national accounting. I would like to put a few of my current thoughts on the table for discussion in response to a challenge from Aaronhttps://www.blogger.com/profile/13451592775494356839noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-65623033533297205342012-08-09T18:04:59.281-07:002012-08-09T18:04:59.281-07:00National Accounting and Capital
I have been attem...<b>National Accounting and Capital</b><br /><br />I have been attempting to refine and articulate my criticism of the current system of national accounting. I would like to put a few of my current thoughts on the table for discussion in response to a challenge from an earlier thread.<br /><br />I think the current system doesn't accurately describe the flow of <b>purchasing power</b> between costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-12699225505455939712012-08-09T17:38:55.048-07:002012-08-09T17:38:55.048-07:00jojo,
Thanks for the pointer.
JR said: Seigel&#...jojo,<br /><br />Thanks for the pointer.<br /><br />JR said: <i> Seigel's ideas are not economics, nor are they "constants" in the worlds of economics. </i><br /><br /><i> Its very important point to understand, as the premise of this blog is that the $IMFs is ending. </i><br /><br />If $IMFs ($ as the world reserve currency) is ending, does that mean that general equities market Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-41789099145245383992012-08-09T17:20:41.764-07:002012-08-09T17:20:41.764-07:00e_r,
If my comments helped to flesh out the key p...e_r,<br /><br />If my comments helped to flesh out the key points I'm glad,<br /><br />Cheerscostatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-45424127398577580292012-08-09T16:46:29.471-07:002012-08-09T16:46:29.471-07:00e_r-
Did you miss this discussion in Interview?
Go...e_r-<br />Did you miss this discussion in Interview?<br />Go to Interview (7/12) and ctrl -f for Siegel.Tommy2Tonehttps://www.blogger.com/profile/16133943613008149092noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-523728608166856322012-08-09T15:53:56.728-07:002012-08-09T15:53:56.728-07:00FOFOA,
You said (in your discussions with Ender):...FOFOA,<br /><br />You said (in your discussions with Ender):<i> If you hold your wealth in fiat, then you must invest it and be constantly aware of the return and how it relates to inflation. In the long run this will always be a losing battle for the common man. In the short run he will see wild fluctuations in either direction, but in the long run all wealth will be absorbed by the system and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52645454735760614052012-08-09T14:30:37.190-07:002012-08-09T14:30:37.190-07:00The picture above reminds me of my first a-ha mome...The picture above reminds me of my first a-ha moment after visiting this blog. It was such an eye-opening revelation, i believe i even said it out loud: "Those geeks over at FOFOA's place are right. CENTRAL BANKS DON'T OWN SILVER." <br /><br />I had to rethink everything I'd learned up until that point. This was a hard pill for me to swallow. You see, I have a cousin who is RJPadavonahttps://www.blogger.com/profile/16571203673706820886noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32075684108027871212012-08-09T14:21:59.054-07:002012-08-09T14:21:59.054-07:00Woland,
I have always enjoyed your comments and o...Woland,<br /><br />I have always enjoyed your comments and observations (especially pointing out the relevant old snippets in usagold forum discussions that are pertinent to the topic under scrutiny).<br /><br />I wish you well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-6536477393295216772012-08-09T14:18:59.361-07:002012-08-09T14:18:59.361-07:00Woland,
Thanks for the pointer.
The post Woland ...Woland,<br /><br />Thanks for the pointer.<br /><br />The post Woland refers to is <a href="http://fofoa.blogspot.com/2008/09/freegold.html" rel="nofollow">here</a>.<br /><br />The depth & breadth of the discussion between FOFOA and Ender, as well as the respect they show for each other through the course of it is a great sight to behold.<br /><br />Ender:<i><b> It is only to the saver that Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-9394016531957810882012-08-09T12:15:56.829-07:002012-08-09T12:15:56.829-07:00To All:
I think it is time for me to say good bye...To All:<br /><br />I think it is time for me to say good bye to this great forum. I <br />think it is safe to say that in conjunction with what I have read <br />in both the archives, and some of the classic posts by FOFOA,<br />no blog, or for that matter any other printed work, whether on<br />the internet or conventionally published, has contributed more <br />to an understanding of the rootsWolandhttps://www.blogger.com/profile/06562438726763165471noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-53347316352382129452012-08-09T10:05:31.351-07:002012-08-09T10:05:31.351-07:00Interesting brief from Peterson Institute on why a...Interesting brief from Peterson Institute on why a Euro breakup must be avoided at all costs:<br /><br /><a href="http://piie.com/publications/pb/pb12-20.pdf" rel="nofollow">Full paper</a>.<br /><br />The author makes a compelling analyzing costs vs. benefits and looking at history.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-33272690117904604302012-08-09T09:49:39.691-07:002012-08-09T09:49:39.691-07:00Blondie -
Agree. There is a self-similar expressi...Blondie -<br /><br />Agree. There is a self-similar expression of individual sovereignty when we look at it from the big picture (owning physical gold outright and <b> valuing it as the savings of ages </b>).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-59917872458898255452012-08-09T09:42:46.949-07:002012-08-09T09:42:46.949-07:00Costata,
From your write-up, I think I am underst...Costata,<br /><br />From your write-up, I think I am understanding that it would actually be in the best interests of all the players to play their required role and no more. If they decided to play more than their required role, then either:<br /><br />a) It won't last very long (or)<br />b) It cannot have the desired effect because they do not have complete control (decentralization effect)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-26901177148127422152012-08-09T08:21:15.571-07:002012-08-09T08:21:15.571-07:00Ah. Now I see. All electrons, but no protons. M...Ah. Now I see. All electrons, but no protons. Much lighter <br />that way, eh?Wolandhttps://www.blogger.com/profile/06562438726763165471noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-21104633730121563472012-08-09T07:14:35.773-07:002012-08-09T07:14:35.773-07:00Hi JR, thanks for the answer.
As to the mechanism...Hi JR, thanks for the answer.<br /><br /><i>As to the mechanism by the physical gold price is suppressed, the mechanism = paper gold.</i><br /><br />Are you saying that the mechanism is of demand being supplied by paper [because it is much more convenient for buyers, who are there just for the quick dollar]?<br /><br />If that's the case, I agree with you. For instance, pork bellies contractsAnonymoushttps://www.blogger.com/profile/15726020562922627346noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-29229694770927462842012-08-09T07:08:54.901-07:002012-08-09T07:08:54.901-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/15726020562922627346noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-43029315763642180392012-08-09T06:24:18.186-07:002012-08-09T06:24:18.186-07:00d2thdr,
sure, you are welcome.
Victord2thdr,<br /><br />sure, you are welcome.<br /><br />VictorAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-19698366235834772972012-08-09T06:15:38.412-07:002012-08-09T06:15:38.412-07:00Hi Woland,
The 7,575 figure referenced in Fallaci...Hi Woland,<br /><br />The 7,575 figure referenced in <a href="http://fofoa.blogspot.com/2012/07/fallacies-1-paper-gold-is-just-like.html" rel="nofollow">Fallacies – 1. Paper Gold is just like Paper Anything</a> comes form the <a href="http://www.lbma.org.uk/assets/Loco_London_Liquidity_Surveyrv.pdf" rel="nofollow">LBMA survey</a> also linked in that article.<br /><br />Good discussion of the JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-34414945097877826712012-08-09T05:40:56.052-07:002012-08-09T05:40:56.052-07:00Hi Victor,
I would like your permissions to borro...Hi Victor,<br /><br />I would like your permissions to borrow this comment you made. I will credit it to you whenever I use it.<br /><br />http://screwtapefiles.blogspot.de/2012/08/niceto-know-that-euro-is-in-such-good.html?showComment=1344500558488#c9136192503865140084Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-1693723836752065562012-08-09T03:50:00.293-07:002012-08-09T03:50:00.293-07:00Hello JR:
Can you indicate the source for the Q1 2...Hello JR:<br />Can you indicate the source for the Q1 2011 $338 Billion "demand<br />shock" figure (for gold) which you cite in an earlier comment? You<br />say it amounted (at prices prevalent then) to 7575 tons. Thanks.Wolandhttps://www.blogger.com/profile/06562438726763165471noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-75320300574214103832012-08-09T02:29:58.898-07:002012-08-09T02:29:58.898-07:00Sorry for quoting from my own comment above but th...Sorry for quoting from my own comment above but there's something I'd like to add to the discussion about the way paper gold affects the price of gold.<br /><br /><i>On CIG's turf GoldMan can only "flood" the market to the limit of the weight of gold he is holding if he wants to drive the price down.</i><br /><br />Unless he can create paper gold, or create a system that costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-70496105349914374562012-08-09T01:51:22.346-07:002012-08-09T01:51:22.346-07:00Most commentators seem not to understand the posit...Most commentators seem not to understand the position of the ECB. In case you are interested, here is something I wrote at screwtape:<br /><br />http://screwtapefiles.blogspot.de/2012/08/niceto-know-that-euro-is-in-such-good.html?showComment=1344500558488#c9136192503865140084<br /><br />VictorAnonymousnoreply@blogger.com