tag:blogger.com,1999:blog-4490468598422095060.post7860150584536627032..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Greece is the WordFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger200125tag:blogger.com,1999:blog-4490468598422095060.post-77532880973080490702010-02-25T13:33:19.230-08:002010-02-25T13:33:19.230-08:00@idi, you and i share much common ground, though I...@idi, you and i share much common ground, though I will still attempt to contextualize your positions for those who may not see things in such black and white terms. with that said, i'm in the middle of exams, so it will come later.SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-5154507283168773672010-02-24T14:04:31.976-08:002010-02-24T14:04:31.976-08:00One of the most important piece about gold:
"...One of the most important piece about gold:<br /><br />"Thunder Road Reports On Irregularities in The Gold Markets"<br />http://www.zerohedge.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-65367217296651324272010-02-24T12:56:54.286-08:002010-02-24T12:56:54.286-08:00http://dshort.com/articles/2010/federal-debt-rolli...http://dshort.com/articles/2010/federal-debt-rolling-estimates.html<br />Federal Debt: Rolling Six-Year Forecasts <br /><br />So the gov. think that all foreigners china, uk,japan et all.. will double or triple their holdings in the next 5y !!!<br /><br />OR may be they have some secret plan !!hmmm... something comes to mind...<br />something invented by Gutenberg but on steroids ;) ...raptorhttps://www.blogger.com/profile/11472558794377090197noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39191485539042117012010-02-24T08:32:51.404-08:002010-02-24T08:32:51.404-08:00From GATA:
Wednesday, February 24, 2010
http://in...From GATA:<br /><br />Wednesday, February 24, 2010<br />http://in.reuters.com/article/domesticNews/idINSGE61N01O20100224<br />NEW DELHI/MUMBAI, India -- India's central bank, which has increased its gold holdings to diversify its reserves, looks set to be a buyer again when the International Monetary Fund begins selling 191.3 tonnes of the precious metal amid volatility in major currencies.<Greyfox "It's the Debt, Stupid"https://www.blogger.com/profile/02320201468671472952noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-18152331819975647292010-02-24T08:06:57.718-08:002010-02-24T08:06:57.718-08:00From jsmineset.com:
"China, the world’s bigg...From jsmineset.com:<br /><br />"China, the world’s biggest gold producer, isn’t a “realistic candidate” to buy bullion from the International Monetary Fund, the World Gold Council said.<br /><br />“There has been some ill-informed comment that this move tarnished the notion that governments are adding to reserves,” Milling-Stanley said. “There are a lot of central banks out there that are Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52390483744422007482010-02-24T07:22:49.381-08:002010-02-24T07:22:49.381-08:00museice; yes, good denninger piece.
a jarring jux...museice; yes, good denninger piece.<br /><br />a jarring juxtaposition between his screamingly appropriate "to do" list and the TOTAL lack of ANY appropriate governmental procedural response along the lines of the (existing regulatory) justice dept/Bill Black/S & L template. the take down is deliberate and permanent this time. Soaring unemployment, foreclosures, bankruptcies etc. <Unknownhttps://www.blogger.com/profile/00788576858002268403noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-77681805032884422212010-02-24T07:06:21.364-08:002010-02-24T07:06:21.364-08:00This comment has been removed by the author.Unknownhttps://www.blogger.com/profile/00788576858002268403noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57943087474945656072010-02-24T05:40:14.661-08:002010-02-24T05:40:14.661-08:00Greece doesn't seem to be interested in backin...Greece doesn't seem to be interested in backing debt with its' gold. So far they are making budget cuts and going along with the austerity measures, as well as trying to sell more bonds. Of course they still want a bailout. No mention of gold, though.Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-58047060383215921242010-02-24T01:28:38.257-08:002010-02-24T01:28:38.257-08:00@ Haas: Re: Backwardation - It's certainly som...@ Haas: Re: Backwardation - It's certainly something to keep our eyes on. Let's watch the GOFO, primarily the 3 month GOFO rate. It has only gone negative once, in 1999. The one month has gone negative three times, in 1999, 2001 and 2008. The two month went neg in 2008. But in 1999 the 1, 2, 3, 6 and 12 months all went substantially negative for one day, the 1, 2 and 3 months for twoFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-60865834209956188662010-02-24T00:36:30.030-08:002010-02-24T00:36:30.030-08:00FOFOA and other contributors,
From Harvey Organ:
...FOFOA and other contributors,<br /><br />From Harvey Organ:<br /><br />"We do not know if any or all of this inventory is encumbered. Many know my theory on this: we have one inventory<br />for 3 bourses:<br /> <br />1. Comex<br />2.LBMA/physical wicket London England<br />3. GLD/SLV with the Bank of England counterparty."<br /><br />IMHO GLD and each of these other playerz do have costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-84239249231208097322010-02-24T00:12:34.964-08:002010-02-24T00:12:34.964-08:00Carbon credits to replace US $ as global currency ...<a href="http://www.commodityonline.com/news/Carbon-credits-to-replace-US-$-as-global-currency-25893-3-1.html" rel="nofollow">Carbon credits to replace US $ as global currency</a> <br /><br /><i>SCOTLAND (Commodity Online):Till now the question was whether a group of currencies would replace the dollar or even gold? Now, here comes the prediction amidst global warming and cllimate change concernsMartijnhttps://www.blogger.com/profile/10691085642452851905noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87364037563720272322010-02-23T23:34:56.577-08:002010-02-23T23:34:56.577-08:00S,
Quote from your earlier comment.
"Seems ...S,<br /><br />Quote from your earlier comment.<br /><br />"Seems the US is left with tactics but no strategy."<br /><br />FWIW 100% agree.costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-663266591955864762010-02-23T21:54:54.868-08:002010-02-23T21:54:54.868-08:00p.s. I was on an open i.d. earlier.
not4sure2p.s. I was on an open i.d. earlier.<br /><br />not4sure2noonehttps://www.blogger.com/profile/15721203163118133591noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-85331504786700226162010-02-23T21:52:23.631-08:002010-02-23T21:52:23.631-08:00Thank you very much for the direction FOFOA. I lo...Thank you very much for the direction FOFOA. I look forward to wrapping my mind around this.noonehttps://www.blogger.com/profile/15721203163118133591noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-3570792861188247052010-02-23T20:03:07.278-08:002010-02-23T20:03:07.278-08:00jimmy:
Since you brought it up- How Long Before Y...jimmy:<br /><br />Since you brought it up- <a href="http://market-ticker.org/archives/1993-How-Long-Before-You-Wake-Up,-Politicos.html" rel="nofollow">How Long Before You Wake Up, Politicos?</a><br /><br />Besides being a chilling example of what we can expect in the near future Denninger concisely shows why we are in a Depression. "Yes, I know all about the stock market rally from last Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-3434023931447077832010-02-23T19:57:46.934-08:002010-02-23T19:57:46.934-08:00Also, wasn;t browns bottom speculated to be aligne...Also, wasn;t browns bottom speculated to be aligned with the launch of the euro? also the US is not necessarily interested in preserving the euro block to protect the dollar. In fact when you consider the euro was growing as an allocation for sov wealth funds, intuition says that it was becoming more of a threat than anything else. <br /><br />while the debt domino that is greece (or spain or Shttps://www.blogger.com/profile/05174134063094011064noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-59738895521623730552010-02-23T19:50:46.576-08:002010-02-23T19:50:46.576-08:00Fofoa and others,
Do you see significance in toda...Fofoa and others,<br /><br />Do you see significance in today's COMEX gold price backwardation? <br /><br />Regards,<br />HaasHaashttps://www.blogger.com/profile/07908199324537664248noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-19324123399121720572010-02-23T19:47:36.082-08:002010-02-23T19:47:36.082-08:00fofoa,
I don't disagree and it is much specul...fofoa,<br /><br />I don't disagree and it is much speculated the US will be buying the Greek bonds if they come to market this week. The question is not so much supplying dollars rather it is more a question for malthus. supplying dollars does have a consequence after all. trading increasingly worthless dollars for the real assumes that those made whole by the dollars will remain loyal to theShttps://www.blogger.com/profile/05174134063094011064noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-74087773471174035852010-02-23T16:23:44.569-08:002010-02-23T16:23:44.569-08:00S,
Believe it or not I view the PIIGS' debt c...S,<br /><br />Believe it or not I view the PIIGS' debt crisis as more of a problem for the dollar than for the euro. And because of this, my gut tells me it is likely that the Fed is supplying liquidity (dollars) in some way behind the scenes to ease the situation. How the ECB will respond to this "foreign bailout" is a question, but not a vital one from my perspective. <br /><brFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-38877489031864455222010-02-23T15:18:36.575-08:002010-02-23T15:18:36.575-08:00Hello not4sure2,
I think the answers you are look...Hello not4sure2,<br /><br />I think the answers you are looking for are here in this blog and in the archives of Another and FOA linked in the right column. <br /><br />In brief, we are entering a phase transition which will separate the two main monetary roles, 1) medium in trade, and 2) store of value or "wealth reserve". For centuries we have been taught by bankers and governments FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-92173512942175903082010-02-23T15:11:06.787-08:002010-02-23T15:11:06.787-08:00good rant by karl D
http://market-ticker.denninge...good rant by karl D<br /><br />http://market-ticker.denninger.net/archives/1993-How-Long-Before-You-Wake-Up,-Politicos.html<br /><br />hope someone is listening.Unknownhttps://www.blogger.com/profile/00788576858002268403noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-8955659997881609082010-02-23T13:09:21.614-08:002010-02-23T13:09:21.614-08:00@S: Which article on Foreign Affairs do you means ...@S: Which article on Foreign Affairs do you means about <a href="http://www.foreignaffairs.com/author/niall-ferguson" rel="nofollow">Ferguson</a>?<br /><br />And very interesting comment.<br /><br />But one detail: Which superpower has the most goldreserves? After "the monetary big bang", Europe or India have the most purchasing power, because they've the most goldreserves... ForgetUnknownhttps://www.blogger.com/profile/09196802077456104331noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-35359095327494429432010-02-23T13:07:14.608-08:002010-02-23T13:07:14.608-08:00Stocks and bonds make the financial services indus...<i>Stocks and bonds make the financial services industry go round and round. Gold only makes one person more money. You, so the Industry hates it!</i> <br /><br />If gold were priced rightly it would not differ that much from stocks and bonds I reckon.Martijnhttps://www.blogger.com/profile/10691085642452851905noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-12038724015607453692010-02-23T12:57:58.216-08:002010-02-23T12:57:58.216-08:00gold fields reduced their production outlook this ...gold fields reduced their production outlook this am by 5% vs. previous plan. African mines and degrading ores are well telegrpahed. The better question is why BArrick is IPOing their Africa assets to focus on Core Americas exploration?Shttps://www.blogger.com/profile/05174134063094011064noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52419863338289504102010-02-23T12:03:03.513-08:002010-02-23T12:03:03.513-08:00Looks like things are taking a turn for the worse ...Looks like things are taking a turn for the worse in Greece:<br /><br />http://www.zerohedge.com/article/greeks-scramble-pull-out-€8-billion-local-banks-greece-responds-money-control-measures<br /><br />What is the ECB/BIS waiting for? For the EU to be torn to shreds? How and why is it allowing the IMF to pillage Greece?EGhttps://www.blogger.com/profile/08973732578448639483noreply@blogger.com