tag:blogger.com,1999:blog-4490468598422095060.post8355568955376218470..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: My Candid View – Part 2FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger31125tag:blogger.com,1999:blog-4490468598422095060.post-47728337610594474912013-08-17T15:37:17.406-07:002013-08-17T15:37:17.406-07:00Grumps
In that case, profit from our stupidity an...Grumps<br /><br />In that case, profit from our stupidity and make out like a bandit on gold stocks. In fact don't consider holding any gold at all. It is a barbarous relic dontcha know.Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-84890923439030832622013-08-17T11:54:49.183-07:002013-08-17T11:54:49.183-07:00Respublica,
The adherents to this FG premise real...Respublica,<br /><br />The adherents to this FG premise really don't understand how the world works. Don't fret about mining stocks. Much to the chagrin of the cultists much more wealth will be attained holding gold equities compared to bullion.Grumps LaBastardhttps://www.blogger.com/profile/14516927214877780910noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-23522656386909067702013-08-17T06:01:38.818-07:002013-08-17T06:01:38.818-07:00Respublica,
Even if it didn't (which it does)...Respublica,<br /><br />Even if it didn't (which it does)<br /><br />The freegold framework predicts the collapse of the paper gold market, so that the price of gold could fall well below production cost, for how long we don't know. <br /><br />Don't forget that mining companies have debts to pay, and ongoing expenses. You can't print gold, but you can print shares (have share Beer Holidayhttps://www.blogger.com/profile/05272004952129916579noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-78537916080570708772013-08-17T04:46:02.790-07:002013-08-17T04:46:02.790-07:00Respublica
"Unless the thesis involves outri...Respublica<br /><br />"Unless the thesis involves outright nationalization and confiscation of mining companies and their assets, I still don't see how mining stocks, in addition to physical gold, aren't a good way to survive the reset."<br /><br />It does.Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10647315446991507022013-08-16T07:37:26.743-07:002013-08-16T07:37:26.743-07:00Regulatory risks for miners are additional costs t...Regulatory risks for miners are additional costs that will simply be reflected in higher prices. The curve here is steep and inelastic since there isn't a true substitute for gold (and they're not making more of it:-). Unless the thesis involves outright nationalization and confiscation of mining companies and their assets, I still don't see how mining stocks, in addition to Respublicahttps://www.blogger.com/profile/04806143379178052930noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-58530364700330749352013-08-16T07:25:17.040-07:002013-08-16T07:25:17.040-07:00Phat expat
You know, a more precise explanation o...Phat expat<br /><br />You know, a more precise explanation of where I went wrong is more useful than a blanket no, which could indicate I am wholly wrong, somewhat wrong or only slightly off the mark.<br /><br />I am especially confused as in your last paragraph you again say you are looking for trading ideas. I am assuming trading ideas that will get you more gold? This implies trading ideas Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-38464250071702931172013-08-16T00:08:50.972-07:002013-08-16T00:08:50.972-07:00Part 3 is up!Part 3 is up!FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-6347445941860805682013-08-15T23:03:24.563-07:002013-08-15T23:03:24.563-07:00Thank you FOFOA great fire vs. ice analogy for the...Thank you FOFOA great fire vs. ice analogy for the forces driving the physical and paper markets. Finally my question to Victor about lease rates have been answered.<br />@MatrixSentry<br />I like your dissection of the paper market participants but you omit the play-field makers the BBs, the PPT and their holding sway over the players.<br />Bright aurumhttps://www.blogger.com/profile/16783154684850533212noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-78832857093671027652013-08-15T22:47:49.713-07:002013-08-15T22:47:49.713-07:00Res
there has been much discussion over the years ...Res<br />there has been much discussion over the years about miners. The fear is that if gold is the major wealth asset and central bank reserve that miners would be tightly regulated and their product kept for the state as happens now in China. <br />There are hundreds of blog posts but on the right are a few summaries, good luck. Most of the regulars herb have wasted a few thousand getting up Michael dVhttps://www.blogger.com/profile/12483224373093707424noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-76460005190219271692013-08-15T21:44:50.264-07:002013-08-15T21:44:50.264-07:00I discovered your site today and have to say bravo...I discovered your site today and have to say bravo. Your following is well-deserved. I had previously been in the deflationist camp but will give your hyperinflationist view more consideration. <br /><br />Regarding the endgame and eschewing "paper gold" for the real thing, I do have a question. Wouldn't stocks in mining companies and stock index funds like GDX potentially be a goodRespublicahttps://www.blogger.com/profile/04806143379178052930noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39277205044645684982013-08-15T21:42:12.448-07:002013-08-15T21:42:12.448-07:00This comment has been removed by the author.Respublicahttps://www.blogger.com/profile/04806143379178052930noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13349683205073372452013-08-15T19:03:22.958-07:002013-08-15T19:03:22.958-07:00Matrix wrote:
I would say something or two about ...Matrix wrote:<br /><br /><i>I would say something or two about an alternative currency that is simply waiting in the wings.</i><br /><br />Interestingly, Bob English is well aware of this as it was something we discussed prior to my interview- and it is evident in Bob's preamble to that interview-and yet he chose not to bring it into his interview with Mr. Maloney. One might say it was a Edwardohttps://www.blogger.com/profile/03613197383283896190noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61044422612081889432013-08-15T18:39:34.059-07:002013-08-15T18:39:34.059-07:00Jim Willie talks about UFO's as an expense ite...Jim Willie talks about UFO's as an expense item contributing to the deficit ever since Reagans Star War program, which he says is ongoing and only produces some of the UFO's, because the antigravity technology makes flying objects appear strange of course and the rest of the vehicles, by implication are way out there. I saw some, I know which are which and how it's done.Anyone michael3c2000https://www.blogger.com/profile/02603788929243707009noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-49296801398221200312013-08-15T15:11:47.677-07:002013-08-15T15:11:47.677-07:00I loved this piece and your blog in general. It wa...I loved this piece and your blog in general. It was time I plugged you so that my two readers would get redirected here. Thank for all you do. http://thecivillibertarian.blogspot.com/2013/08/the-friend-of-friend-of-another-genius.htmlBrianhttps://www.blogger.com/profile/11009623520148094685noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-29329797017203044992013-08-15T13:02:14.706-07:002013-08-15T13:02:14.706-07:00Oh man, I just realized mine comprehension skills ...Oh man, I just realized mine comprehension skills are even worse than my reading skills. Good thing I can always say English is not my first language. This gonna be 10 loooooong days.<br /><br />Very Thank You FOFOA! :-) Dante_Euhttps://www.blogger.com/profile/13208538005188466169noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13399317388538595482013-08-15T12:26:46.846-07:002013-08-15T12:26:46.846-07:00Motley Fool has that right! I am already walling ...Motley Fool has that right! I am already walling blocks of time to read the best gold analyst out there...Robert Mixhttps://www.blogger.com/profile/12141824576251526483noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63400875425911948042013-08-15T11:36:53.817-07:002013-08-15T11:36:53.817-07:00You write that there hasn't been a spike in de...You write that there hasn't been a spike in demand. But what of these articles I read about a buying stampede in Asia? Are they overstated? Or does this buying qualify as a gradual ramp up?<br /><br />On a related note, what in your opinion accounts for the difference in government attitude between India (which has banned imports) and China (which encourages gold saving)? Is it merely a KarrPoolhttps://www.blogger.com/profile/15702236311891710063noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-50032602237692073522013-08-15T10:35:42.138-07:002013-08-15T10:35:42.138-07:00@MF
From the previous thread and your attempt at s...@MF<br />From the previous thread and your attempt at summation; yeah, no. ;-)<br /><br />The primary gist is that we are seeking the flashpoint for HI. FOFOA, through this series, is touching on them, and I am grateful. I am especially grateful to those that asked the questions in ways much better than I ever could.<br /><br />At the same time, I look forward to gleaning trading ideas from Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-67885067775961315642013-08-15T10:04:39.594-07:002013-08-15T10:04:39.594-07:00@Fofoa
Best explanation ever concerning GOFO, Bac...@Fofoa<br /><br />Best explanation ever concerning GOFO, Backwardation, etc. <br /><br />Kudos!The Dow Theoristhttps://www.blogger.com/profile/05344444810007324303noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55065156929992728292013-08-15T09:57:24.100-07:002013-08-15T09:57:24.100-07:00Knall
Never heard that song before haha.
David B...Knall<br /><br />Never heard that song before haha.<br /><br />David Bowie<br /><br />https://www.youtube.com/watch?v=FEypM_BRe5YMhttps://www.blogger.com/profile/14298632737279907377noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-85531300237424969192013-08-15T09:56:32.178-07:002013-08-15T09:56:32.178-07:00http://www.bloomberg.com/news/2013-08-14/gold-inve...http://www.bloomberg.com/news/2013-08-14/gold-investors-seek-alpine-safe-haven-in-swiss-army-bunkers.html<br /><br />"World demand for gold in the second quarter fell 12 percent from a year earlier to 856.3 tonnes, worth $39 billion, as hedge funds and investors withdrew from securities backed by pools of gold, banking on a recovery of the U.S. economy, according to a report published today Sherlockhttps://www.blogger.com/profile/05123465307039558312noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86022940575741215112013-08-15T09:48:01.159-07:002013-08-15T09:48:01.159-07:00Fantastic stuff!Fantastic stuff!Samhttps://www.blogger.com/profile/01397128468234177166noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-11275043732600666372013-08-15T07:17:54.341-07:002013-08-15T07:17:54.341-07:00Thanks for another great post.
I have to go find...Thanks for another great post. <br /><br />I have to go find the DONATE button to make another small contribution.<br /><br />Thanks again.<br />Ken_Chttps://www.blogger.com/profile/00318581881084062122noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63455713305218243472013-08-15T07:11:34.880-07:002013-08-15T07:11:34.880-07:00I'm looking forward to the next 8 posts but I&...I'm looking forward to the next 8 posts but I'm not getting much work done. I probably won't finish reading this until noon then I'll have to digest it.<br /><br />Long time lurker. I had to start using your arguments before I understood them. Things are becoming more clear.Freegold Dadhttps://www.blogger.com/profile/05621320878999703837noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-83577354293389974592013-08-15T06:59:47.084-07:002013-08-15T06:59:47.084-07:00Funny, after my last post I browsed RT and watched...Funny, after my last post I browsed RT and watched the latest Prime Interest. Mike Maloney was pretty much on target, for a non-Freegolder, and mentioned why wars are often correlated with failing money systems. I guess war is on my mind today.<br /><br />Fourth Turnings always have had major wars and economic crisis. <br /><br />At the 6:05 point, he makes an interesting statement. Readers here MatrixSentryhttps://www.blogger.com/profile/09596302565970318340noreply@blogger.com