tag:blogger.com,1999:blog-44904685984220950602024-03-17T07:55:14.447-07:00FOFOAA Tribute to the Thoughts of Another and his Friend<br>
<i>"Everyone knows where we have been. Let's see where we are going!"</i> -AnotherFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger481125tag:blogger.com,1999:blog-4490468598422095060.post-57504108639558794592024-03-14T22:19:00.000-07:002024-03-14T22:19:29.756-07:00Public Service Announcement
There's a new link in the side bar, to BullionStar. Most of you are probably familiar with BullionStar as a gold seller in Singapore, as well as host to bloggers like Ronan Manly and JP Koning.
What you may not know is that BullionStar recently expanded its business into the US. They now have three locations, Singapore, Texas and New Zealand. They now offer free shipping within the US, and FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.com0tag:blogger.com,1999:blog-4490468598422095060.post-43026387423423006222024-02-25T18:44:00.000-08:002024-02-25T20:21:52.995-08:00Riddle Update
Some updates from the trial (and my continuing deep dive in general):
This post is a follow-up to this post:
A Riddle Wrapped in a Mystery Inside an Enigma
So read that first. 👆
I'm putting this in post form, rather than a comment, so I can have the option of cross-posting it on the public blog. The public post has so far gotten 5,000 views in 6 days, and I didn't even promote it. Did it FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.com1tag:blogger.com,1999:blog-4490468598422095060.post-1696397607715841632024-02-19T18:33:00.000-08:002024-02-19T22:35:14.406-08:00A Riddle Wrapped in a Mystery Inside an Enigma
Every once in a while, a story catches not only my attention, but my interest, to the extent that I do a deep dive into something that I previously knew little about. I spend some time with something, draw some conclusions, then write about it and show my work. Freegold was one such story, but there have been others that I have written about, even on this blog.
Often, the story contains a FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.com4tag:blogger.com,1999:blog-4490468598422095060.post-338013553781344252023-12-31T20:32:00.000-08:002023-12-31T20:32:04.731-08:00Happy New Year!
2024
Year of the Conflagration
Know this now, the world will again, in your time,
feel value in gold as never before. And that value will be as the
"productive use of holding wealth thru the fire of change".
-Another (2/7/98)
Conflagration has a couple of different meanings. The first is a very intense and uncontrolled fire, which burns over a large area and destroys everything. It's FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-51312118953234589292023-08-23T12:47:00.000-07:002023-08-23T12:47:13.347-07:00Fifteen!
Today this blog turns 15!
At the Speakeasy, there's a new post up called Credibility Deflation, because this is also the 13th anniversary of the original post, Credibility Inflation! If you would like to subscribe to the Speakeasy, there's a link in the side bar, or just shoot me an email at fofoamail at gmail dot com.
Here, I'm giving you a short post from a couple of weeks ago, titled How 'FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-50972559240960184362023-05-18T18:48:00.001-07:002023-05-18T18:48:53.421-07:00How to Blow and then Pop an Everything Bubble for Dummies
This post was published at the Speakeasy on 3/31/23, a little over a month and a half ago. Some of the rates mentioned in the post are higher now. $IRX, or the 3-month T-Bill, was yielding 4.57%, and is now up to 5.1%. The IORB, which was 4.9%, is now 5.15%. The ON-RRP was 4.8%, and is now 5.05%. And the ECB's DFR was 3%, and is now 3.25%. Also, don't miss the bonus comments at the bottom, FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86155952212527760462023-01-01T15:17:00.001-08:002023-01-04T18:33:07.488-08:00Happy New Year!
2023
Year of the Perfect Storm
The Perfect Storm tells the story of the crew of the Andrea Gail, whose worst fears are realized at sea on Halloween of 1991, when they are confronted by three raging weather fronts which unexpectedly collide to produce the greatest,
fiercest storm in modern history. There are no survivors.
______
A perfect storm is an unusual combination of events or things
FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-72317353667611929562022-08-23T15:30:00.002-07:002022-08-23T15:30:50.005-07:00Fourteen!
I remember writing Seven! like it was yesterday. I started with a tribute to the "lucky" number seven. My public blog's view counter had recently passed 7,777,777, and I included a screenshot of that. I hadn't captured the actual moment, so it did require some photoshopping. And if you look at the post, it has exactly 777 comments under it. I wonder how that happened.
The year was 2015, and itFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39480553570528043202022-05-26T12:00:00.001-07:002022-05-26T13:00:05.517-07:00Is Bitcoin Money?
I wrote this post back in 2017, when Bitcoin was hitting new highs daily. It was at $16,501 the day I published this post at the Speakeasy, 12/9/17, and it peaked at almost $20K less than a week later. Since then, it dropped to around $3K, rose again to a new high of almost $65K, and came back down to about $29K. But even with all that exciting action, my opinion hasn't changed. So, for the FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-89912881184881951732022-01-01T16:35:00.001-08:002022-01-01T16:40:43.981-08:00Happy New Year!
2022
Year of the ________?
You'll have to go to the Speakeasy to read the New Year's post, but here I'm giving you three sample posts from earlier in the year. The first is from back in July, titled Will Basel III End the LBMA? Update!, and it is timely because the Basel III rules, which some said would end the paper gold market and usher in a physical-only market, are supposed to kick in FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-19466038869807970272021-08-23T15:31:00.001-07:002021-08-23T15:31:34.733-07:00Thirteen!
When I started my blog thirteen years ago, George W. Bush was still in the White House, Hillary Clinton had already ended her campaign and endorsed Barack Obama, and Obama had just announced his selection of Joe Biden as his VP running mate. That's right. On the very same day that I started my blog, Obama announced Biden. It's right here in Wikipedia:
On August 23, 2008, Obama announced his FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39524670134073989492021-05-28T16:25:00.011-07:002021-05-30T19:43:50.420-07:00FOFOA in the New IGWT Report
I have a new post in the new 'In Gold We Trust Report' which was just released yesterday. It's called 'My View of the Nixon Shock', because this year is the 50th anniversary of the day that Nixon closed the gold window.
The full post is 28 pages long, but there is a much shorter 8-page version in the main report. They could only fit so much in the report, so they asked for an edited version, FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-12109594545139626252021-01-01T21:15:00.000-08:002021-01-01T21:15:51.094-08:00Happy New Year!
2021
Year of ________?
You'll have to go to the Speakeasy to read the New Year's post, but here I'm giving you a post from back in June, titled The Achilles’ Heel of the Paper Gold Market...
The Achilles’ Heel of the Paper Gold Market
On 5/30, Organm999, one of the newer Speakeasy members, asked the following:
"I’m really confused by this. If physical is supposedly so tight, how on FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10917856758231121132020-08-23T18:15:00.000-07:002020-08-25T18:16:21.080-07:00Twelve!
The concept of Freegold is something that means different things to
different people. It is amazingly simple, yet curiously complicated.
We are on the path, yet the world races at a snail’s pace.
From my point of view, Freegold is not a “solution for” but will be
the “result of” the current financial mess that we are in today.
To better understand what lies ahead, one must be
willing to FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-9703512875923997942020-03-08T19:04:00.000-07:002020-03-09T13:36:08.889-07:00Bubble Meets Pin
I made only one prediction in my New Year's post this year. Here are a few snips:
"I don’t know what’s going to happen this year, but I do know that something’s gonna happen. And whatever it is, it will be big."
"Something big is going to happen this year. I know this for a fact, because…"
"Whatever happens this year, it will be big, and you will see it more clearly than anyone else by FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66702564597085584832020-01-01T00:23:00.000-08:002020-01-01T14:33:24.899-08:00Happy New Year!2020
Year of ________?
You'll have to go to the Speakeasy to read the New Year's post, but here I'm giving you a twofer. The first was posted at the Speakeasy on May 1st, 2019, and is titled Moneyness 3: MMT & AOC. The second, which kinda goes with the first, is titled Hyperinflation’ll Fix That, and was just posted a little more than a month ago...
Moneyness 3: MMT & AOC
"Modern Monetary FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61937645114964145812019-08-23T00:21:00.001-07:002019-08-23T00:21:15.681-07:00Eleven!
I can hardly believe it's been eleven years since I started this blog. To put it in perspective, it's been 22 years since the beginning of ANOTHER (THOUGHTS!), so the beginning of my blog marks the halfway point between then and now.
The hit counter here is about to roll over to 10 million, and the counter at the Speakeasy is almost to a million, so, combined, that's 11 million views in 11 FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64638195700368373082019-05-28T01:20:00.000-07:002019-05-30T18:14:33.528-07:00Freegold in the IGWT Report
I did an interview for the new 2019 In Gold We Trust Report, just out today. Here's the 7-page teaser:
Highlights: 20 Years
Later – a Freegold
Project: Interview with
“FOFOA”
Key Takeaways
• There is a group of “physical gold advocates” that have
a completely unique view on money, the energy markets
and gold. They believe, we are entering a new monetary
and financial system in which gold willFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-16451228127184632522019-01-01T00:13:00.000-08:002019-01-01T00:13:26.319-08:00Happy New Year!2019
Year of the Head Fake
After ten years, I think I finally got one right. You might disagree, but I think the everything bubble has finally popped. It's so big, however, that it may take some time to fully deflate. I thought about calling this the year of the great deflation, but I knew that would send the wrong message. I'm certainly no deflationist, but as I've said in the past, FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13619188029590738372018-10-11T17:53:00.000-07:002018-10-16T14:47:15.997-07:00Coat Check 101
This was posted at the Speakeasy on March 4, 2016, and is being reposted here by request. :D
Hello Wimms,
You obviously have a good understanding of how GLD works from a technical standpoint. But I can tell from your comment that you do not have a very good understanding of what I have been explaining.
First of all, in characterizing your perception of what I've been explaining, you used FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-2279409709995324642018-08-23T01:13:00.000-07:002018-08-23T01:13:03.778-07:00Ten!"As Another said before, it took at least ten years longer than anyone thought, but it's here."
–FOA
Today is the tenth anniversary of this blog. At the Speakeasy, I've put together a retrospective series of posts looking back at the events, people and posts that shaped this blog. If you'd like to join, you can click here to subscribe. The following is a sample post, published on June 4th, titledFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-16966536368873528052018-05-04T15:02:00.000-07:002018-06-24T15:58:29.625-07:00Comex is a Side Show
A sideshow is a secondary production associated
with a circus, carnival, or other main attraction.
Gold is now caught in a crossfire of world thought.
The traders are viewing it as a commodity and trying to
make money on its moves using various paper trading vehicles.
Their opinion of the market is flawed because the
"real value buyers" would never deal with these people
or let anyone in FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-1908762129558875752018-01-01T00:15:00.000-08:002018-04-14T13:42:30.671-07:00Happy New Year!2018
Year of the POP
If you'd like to read "Year of the POP", I'm sure you can guess where it can be found. ;D
At the Speakeasy, we discuss things like bullion, bitcoin, bubbles, banking, and much much more. As I did in Nine, at the ninth anniversary of this blog, and back in May at the second anniversary of the new Speakeasy, I have started a new tradition of sharing samples from the FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-62894441149334084712017-08-23T00:10:00.000-07:002017-08-25T03:05:33.844-07:00Nine!
Wow, I can hardly believe it's been nine years. Where the heck has the time gone, and where the heck is Freegold? ;D
A little more than two years ago, I changed format to an NFF (not-for-free) blog in order to keep me enthused and engaged, and more importantly, to keep out the trolls. I wished FOA had done that rather than quitting, so that's how I view it. I have hundreds of subscribers, andFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.com11tag:blogger.com,1999:blog-4490468598422095060.post-37764100503047013222017-05-27T00:20:00.000-07:002017-05-27T00:20:01.567-07:00What is Freegold?
Four years ago, Freegoldtube made a video titled "What is Freegold?" It evolved out of a series of events that began with the stunning collapse in the price of gold, from $1,600 down to $1,380 in first half of April, 2013. That collapse caused Jim Sinclair to email me asking about Freegold, which caused him to then make some confusing posts on his own blog about Freegold, which caused Ein FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.com