tag:blogger.com,1999:blog-4490468598422095060.post6865455883323698636..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Debriefed #2 – RJPadavonaFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger149125tag:blogger.com,1999:blog-4490468598422095060.post-15000429695442891932012-10-07T11:28:46.406-07:002012-10-07T11:28:46.406-07:00Alan,
Thanks, maybe got a little lucky, but I fo...Alan, <br /><br />Thanks, maybe got a little lucky, but I followed my gut instincts on timing it. Things were looking a little "ripe" and I was happy with my potential return on the move, so I went for it. The main motivator for me was that I could end up with a few "free" ounces of gold and get rid of that big pile of silver...win/win:)<br /><br />I got my mom out of her Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-53419565708329034612012-10-06T11:09:50.995-07:002012-10-06T11:09:50.995-07:00Alan:
That story tells you that Silver is a bubbl...Alan:<br /><br />That story tells you that Silver is a bubble now. That would mean that it is high time to get out of silver now. Read Shoeshine boy.<br /><br />Regarding Silver:<br /><br />To me the most important point against silver is the huge weight of it. When you are considering physical storage, weight is a big detriment. Everything else being equal the heavier (in terms of value), loses.Anand Srivastavahttps://www.blogger.com/profile/15616369007370348265noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-31087794748242316732012-10-06T06:53:24.529-07:002012-10-06T06:53:24.529-07:00Hill C,
Quite a food fight started over at ZH bec...Hill C,<br /><br />Quite a food fight started over at ZH because of that article! I was excited to read the comments, although some of them left me dumber for having read them. I'm always interested in opportunities to challenge what we accept here as fact, to drive out confirmation bias.<br /><br />As far as I have gotten in those comments, no one has laid a glove on the freegold concept, byiamBYounghttps://www.blogger.com/profile/13175869237170162943noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-36040865177188128682012-10-06T06:12:23.033-07:002012-10-06T06:12:23.033-07:00Alan2102
Hindsight is always 20/20 eh? :)
The th...Alan2102<br /><br />Hindsight is always 20/20 eh? :)<br /><br />The thought of swapping my gold for silver with the hope of swapping it back in the future gives me the chills. I doubt I would be able to sleep, for as many months as the swap stays in place.<br /><br />As to DoChen...I think he follows the sage advice if this blog perfectly...he has as much gold as he understands. No man should Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-51309502126323778492012-10-06T06:00:10.115-07:002012-10-06T06:00:10.115-07:00/SleepingVillage/ said...
"I happily ditched .../SleepingVillage/ said...<br />"I happily ditched [my silver] at around $46 and switched directly into gold."<br /><br />GREAT timing, man! Perfect. I admire and envy your trading prowess.<br />Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-90944000557728766932012-10-06T05:50:48.402-07:002012-10-06T05:50:48.402-07:00Robert Mix said...
"I still hold a decent amo...Robert Mix said...<br />"I still hold a decent amount of silver. And I hold a decent amount of platinum as well.<br />I believe, big time, in diversification, even in precious metals. I believe FOFOA is right, but I cannot be sure..."<br /><br />Infernal doubter! For that apostasy you will surely be damned to eternal monetary hellfire. ;-)<br /><br />"I have not read even ONE Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-37310226986668527622012-10-06T02:27:39.746-07:002012-10-06T02:27:39.746-07:00BSB, I was going to address this issue of the GSR ...BSB, I was going to address this issue of the GSR and what the argument is for supposed reversion to the mean, but Victor did so much better than I could.<br />I'm going to assume given your interest in metals that you believe the current fiat regime is on its last legs.<br />My suggestion would then be to write down in point form each of the reasons you hold silver, and then categorize each seanhttps://www.blogger.com/profile/03383810213841234946noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-23983438354023758322012-10-05T18:59:05.127-07:002012-10-05T18:59:05.127-07:00BaronSilverBaron,
"...by how they react to s...BaronSilverBaron,<br /><br /><i>"...by how they react to someone who doubts their premise."</i><br /><br />You doubt, but you don't argue. If you want a good discussion, present your best pro silver / against gold arguments, and we can discuss.<br /><br />It's hard to go beyond "is too" / "is not" otherwise, and, as the visitor to this blog, it is on your Michael Hhttps://www.blogger.com/profile/08900572113023618278noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-73076110893663532012-10-05T18:34:52.240-07:002012-10-05T18:34:52.240-07:00Wow! Wow!! WOW!!! Absolutely brilliant FOFOA. Just...Wow! Wow!! WOW!!! Absolutely brilliant FOFOA. Just when you think “Surely he can’t top his previous greatest hits . . . . sure enough, you go out and do just that”.<br /><br />(And thanks to MS and RJP for going first. I can’t wait for all the others hopefully soon to come).<br /><br />Recently I proposed this tribute:-<br />FOFOA has explained where we are going. Now everyone needs to know whoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-11421058942551953532012-10-05T18:20:22.755-07:002012-10-05T18:20:22.755-07:00Hill C,
From the same article:
As a bonus, if go...Hill C,<br /><br />From the same article:<br /><br /><i>As a bonus, if gold was to become the worlds foremost reserve asset, would that not finally solve good old Triffins dilemma? Wouldn't gold serving as the preferred global saving vehicle and fiat continuing to serve as the worlds spending vehicle finally break the natural tension Triffin has so aptly illuminated for us? Perhaps, but givenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87262685831351561422012-10-05T17:04:31.670-07:002012-10-05T17:04:31.670-07:00If this has been posted. Sorry, I haven't rea...If this has been posted. Sorry, I haven't read the comments. Looks like someone has been reading A/FOA/FOFOA.<br /><br />http://www.zerohedge.com/news/2012-10-05/guest-post-gold-and-triffins-dilemma<br /><br />"Here at GBI, we see ourselves as a way for every investor to have the choice on how to save their stored labor. We want to make it as easy to buy and sell gold as it is to move Hill Chttps://www.blogger.com/profile/13276001705822097073noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-83980929706844528502012-10-05T16:52:59.693-07:002012-10-05T16:52:59.693-07:00BaronSilverBaron said...
"Isn't there a ...BaronSilverBaron said... <br />"Isn't there a good argument for both 'religions'?"<br /><br />Yes. There are excellent arguments for both religions. And you can embrace both without angering the Gods and being cast into the lake of fire.<br /><br />The arguments for both were strong in the late 1990s, and time has borne them out, and indeed the arguments are even stronger Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55872611665763046302012-10-05T16:43:32.712-07:002012-10-05T16:43:32.712-07:00@Alan
No. Why should it? People go to coin shops ...@Alan<br /><br /><em>No. Why should it? People go to coin shops and buy (and sell) gold and silver every day. Big deal.</em><br /><br />Intuition, in large part b/c of the quantity purchased. How could there be that much upside to this metal when unthinking people are going in and buying several kg of it? I guarantee you that guy's decision to buy silver was not based on a thorough analysis Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-3276772712269623682012-10-05T16:40:39.295-07:002012-10-05T16:40:39.295-07:00victorthecleaner said...
"speculation with s...victorthecleaner said... <br />"speculation with silver is a speculation on the failure of some derivatives rather than on a global shift of international reserves."<br /><br />It is also a bet on a lot of other things. The case for silver is very strong. It does not just rest on derivatives, or any other one thing. And the case becomes stronger, the further out you go, i.e. 5 years, Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-25409539307718817402012-10-05T16:20:33.086-07:002012-10-05T16:20:33.086-07:00BaronSilverBaron said...
"The argument on thi...BaronSilverBaron said...<br />"The argument on this site rests on the fact that Central banks are only buying Gold... So what if they are?" <br /><br />I've often asked myself the same question.<br /><br />Central bankers were, not long ago, selling their gold off at ridiculously low prices. That was when I started buying gold. As far as I was concerned, you'd have to be a Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-70672215796132914902012-10-05T16:08:17.848-07:002012-10-05T16:08:17.848-07:00poopyjim said...
"I was in the coin shop a c...poopyjim said... <br />"I was in the coin shop a couple weeks ago buying a Krugerrand. There was a scruffy looking dude ahead of me buying silver, salt of the earth type, dirt on his face, clearly engaged in some kind of hard manual labor for a living. This guy had just bought so much silver that he could not carry it out of the store in one trip. He was eyeing me suspiciously when the storeAlan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-38414328377408625682012-10-05T16:02:09.466-07:002012-10-05T16:02:09.466-07:00Indenture said...
"BaronSilverBaron: Many rem...Indenture said...<br />"BaronSilverBaron: Many remember patiently watching that magical gold to silver ratio, silently wringing hands as they anxiously waited for their own personal number to determine when to sell. You have determined that 20-1 is where you will change out of silver for gold. The important part of that process is the 'change' or trade if you will. You are trading Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47900615904203797612012-10-05T15:37:25.393-07:002012-10-05T15:37:25.393-07:00victorthecleaner said...
"Alan2102,
yes, but ...victorthecleaner said...<br />"Alan2102,<br />yes, but before that, they were on the Kitco forum. Thanks to Jeff's discovery, we have the following candidates for their debut:<br />Date: Sat Aug 23 1997 18:09"<br /><br />Yeah, I know. He was run off the kitco forum. I was not present for that incident, though I did inquire of sharefin (Nick Laird) about it, a year or so later; he Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-30420701783001674792012-10-05T14:55:26.419-07:002012-10-05T14:55:26.419-07:00Date: Sun Sep 14 1997 21:12
ANOTHER (an answer?):
...Date: Sun Sep 14 1997 21:12<br /><b>ANOTHER (an answer?):</b><br /><br /><i>This could be an answer directed to the “Red Baron”?<br /><br />The CBs are becoming “primary suppliers” to the gold market. Understand that they are not doing this because they want to, they have to. The words are spoken to show a need to raise capital but we knew that was a screen from long ago. You will find the answerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10943316723265974892012-10-05T14:53:58.557-07:002012-10-05T14:53:58.557-07:00Date: Sun Aug 24 1997 20:40
ANOTHER (REPLY TO ELDO...<br />Date: Sun Aug 24 1997 20:40<br /><b>ANOTHER (REPLY TO ELDORADO.):</b><br /><br /><i>ELDORADO: These communiqué were done at different times appxomentally two weeks ago. I received them via an indirect/secure source. I can tell by this system that others have tried to interpret and post some of this gentleman’s thoughts. The content is thought provoking to myself and I hope to others. Here Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-23038189624907546322012-10-05T14:52:09.644-07:002012-10-05T14:52:09.644-07:00Alan2102,
yes, but before that, they were on the ...<br />Alan2102,<br /><br />yes, but before that, they were on the Kitco forum. Thanks to Jeff's discovery, we have the following candidates for their debut:<br /><br />Date: Sat Aug 23 1997 18:09<br /><b>ANOTHER (thoughts not written anymore):</b><br /><br /><i>Hello to all!<br /><br />I had the opportunity to read a private reports/discussion over the last week and thought this one would Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-58171948475532991272012-10-05T14:09:01.007-07:002012-10-05T14:09:01.007-07:00BSB
I own a lot of Silver. Even I am not sure why...BSB<br /><br /><em>I own a lot of Silver. Even I am not sure why except for its manipulation and rarity. </em> <br /><br />Well, you have certainly persuaded me with this incisive bit of analysis. I have seen the light and will now sell all my gold for silver. What a fool I was for being led astray by this vile cult! XDAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-19888136928489952772012-10-05T14:00:01.557-07:002012-10-05T14:00:01.557-07:00BSB
"The argument that Gold is the only stor...BSB<br /><br />"The argument that Gold is the only store of wealth because Central Banks hold it is very flimsy."<br /><br />That argument is not flimsy, it's completely wrong. a Picasso is a good store of value, and it is neither silver nor gold.<br /><br />"If you believe that anyone who dares to question your certainty is someone to be ridiculed then you must examine your Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-70242525713179275202012-10-05T13:59:44.939-07:002012-10-05T13:59:44.939-07:00Today is an anniversary day. Today is the day, 15 ...Today is an anniversary day. Today is the day, 15 years ago, when Another first showed up on the USAgold forum:<br /><br />http://www.usagold.com/goldtrail/archives/another1.html<br />Date: Sun Oct 05 1997 21:29<br />ANOTHER ( THOUGHTS! ) ID#60253:<br />Everyone knows where we have been. Let's see where we are going!<br />snip<br />Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-83054856494102572572012-10-05T13:44:40.088-07:002012-10-05T13:44:40.088-07:00Sorry I've had a few glasses of wine so the gr...Sorry I've had a few glasses of wine so the grammar is sometimes not correctBaronSilverBaronhttps://www.blogger.com/profile/11399129917094350685noreply@blogger.com