tag:blogger.com,1999:blog-4490468598422095060.post1747645588663945089..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Blondie's ViewFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger637125tag:blogger.com,1999:blog-4490468598422095060.post-48585618413015584972012-06-21T16:32:10.434-07:002012-06-21T16:32:10.434-07:00Another Fed engineered money printing exercise is ...Another Fed engineered money printing exercise is surely coming. The Wall Street boys are going to do their level best to force a major liquidity event by driving shares into the ground. Of course the stock market may not go straight down, what with the end of quarter coming up, but exogenous events may overwhelm any end of quarter tape painting that the usual suspects generally like to engage inEdwardohttps://www.blogger.com/profile/03613197383283896190noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-53122240899457699232012-06-21T16:27:39.207-07:002012-06-21T16:27:39.207-07:00Ahhhh....thank you...just took another hit of the ...Ahhhh....thank you...just took another hit of the 'Shoeshine Boy' but I'll try some of that 'Kaminska' tonight!<br /><a href="http://www.youtube.com/watch?v=J2HBdRCroks&feature=fvwrel" rel="nofollow"><br />...new FOFOA cant wait!</a>Victoryhttps://www.blogger.com/profile/05302781562606354091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-8832085999567638322012-06-21T15:27:55.199-07:002012-06-21T15:27:55.199-07:00FED did not announce QE. EJ from itulip made a sho...FED did not announce QE. EJ from itulip made a short term call 5 days ago to short stocks till previous lows of around S&P 1280. EJ is the best and it is not wise to ignore him. He has been Long Gold and Long Treasuries since 2001.<br /><br />My assessment is FED will announce QE around Aug 2012 and jawbone that the QE program will start in Nov 2012. Off we go then again.Bijuhttps://www.blogger.com/profile/02244761585623384771noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63138704987316030682012-06-21T14:40:05.938-07:002012-06-21T14:40:05.938-07:00Hello KnallGold,
You are of course referring to t...Hello KnallGold,<br /><br />You are of course referring to <a href="http://www.c-span.org/uploadedImages/Content/Images/C-SPAN_Screen_Captures/Bernanke_062012.jpg?404=a404&maxwidth=600" rel="nofollow">this</a>. Maybe he's just celebrating the solstice?Piripihttps://www.blogger.com/profile/03271512349186616514noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-19942678145849637412012-06-21T14:15:57.938-07:002012-06-21T14:15:57.938-07:00An op-ed in yesterday's MarketWatch: Gold’s va...An op-ed in yesterday's MarketWatch: <a href="http://www.marketwatch.com/story/golds-value-is-more-than-just-its-price-2012-06-20" rel="nofollow">Gold’s value is more than just its price. Commentary: A bumpy period for gold may be ahead</a>, by the World Gold Council's managing director for investment no less, appears to be an exquisitely timed primer wouldn't you say?Piripihttps://www.blogger.com/profile/03271512349186616514noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-85758470696356345102012-06-21T12:50:30.339-07:002012-06-21T12:50:30.339-07:0025% - thats a nice conversion rate.
You must be d...25% - thats a nice conversion rate.<br /><br />You must be doing something right. :)DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-21994984668953178142012-06-21T11:40:08.450-07:002012-06-21T11:40:08.450-07:00IMHO
Unless the helicopters are airborn long befo...IMHO<br /><br />Unless the helicopters are airborn long before Nov. there wont be any lawns to dump on. Just shriveled up tumble weeds blowing acrss the wilderness............enoughhttps://www.blogger.com/profile/11559197548302862165noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66510217115171507482012-06-21T11:34:09.235-07:002012-06-21T11:34:09.235-07:00This comment has been removed by the author.Gary Morganhttps://www.blogger.com/profile/09934552877086935070noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57721995349124565942012-06-21T11:28:44.473-07:002012-06-21T11:28:44.473-07:00paper gold acts like crap while the fundementals o...paper gold acts like crap while the fundementals of physcial have never been brighter<br /><br />China imports up 800% in Q1 over last year<br /><br />Discussion of physical gold used as collateral in "redemption Pact" when debt of a country is greater than 60% of GDP under maastricht treaty<br /><br />BIS considering tier 1 zero % capital weighting<br /><br />Spain and italy can only enoughhttps://www.blogger.com/profile/11559197548302862165noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52375945420387881982012-06-21T11:19:04.678-07:002012-06-21T11:19:04.678-07:00This comment has been removed by the author.Gary Morganhttps://www.blogger.com/profile/09934552877086935070noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-35063331727480669662012-06-21T10:57:39.594-07:002012-06-21T10:57:39.594-07:00Enough,
What is the trigger for your latest progno...Enough,<br />What is the trigger for your latest prognostication on the nuclear option?JMan1959https://www.blogger.com/profile/04720578580699486888noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-17636416399144293882012-06-21T10:47:45.114-07:002012-06-21T10:47:45.114-07:00Gary
I'm a doctor and I deal with the 'sal...Gary<br />I'm a doctor and I deal with the 'salt of the Earth'...no rich, plastic surgery getting, anti aging seeking rich folks round here. Trust me, folks may not be able to figure out the problem but they know things are not right and something has to change. They might not see the size of the change or the nature of the change but when something blows up there will be less Michael dVhttps://www.blogger.com/profile/12483224373093707424noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-62954987881369644792012-06-21T10:39:37.785-07:002012-06-21T10:39:37.785-07:00IMHO
this is it for paper gold..........
cash se...IMHO<br /><br />this is it for paper gold..........<br /><br />cash settlement around the corner....<br /><br />the ultimate physical collateral is about to be unleashed....<br /><br />nuclear optionenoughhttps://www.blogger.com/profile/11559197548302862165noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-73812523020198837622012-06-21T10:34:11.134-07:002012-06-21T10:34:11.134-07:00I wanna have consensus with you too Gary :)I wanna have consensus with you too Gary :)JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-76863790631080699572012-06-21T10:22:13.414-07:002012-06-21T10:22:13.414-07:00This comment has been removed by the author.Gary Morganhttps://www.blogger.com/profile/09934552877086935070noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-72424055080443842982012-06-21T10:02:33.306-07:002012-06-21T10:02:33.306-07:00Timing
I'll take a stab at the timing issue: s...Timing<br />I'll take a stab at the timing issue: soon! 6 mos or less.<br />Here, we assume the Euro must not fail. I has to be there for the world as a savior reserve currency when the dollar fails. Most are looking to the dollar failure to precipitate a calamity. That seems to be a very nebulous event and looks as it could hold on forever (at least at times it seems that way.)<br />But the Michael dVhttps://www.blogger.com/profile/12483224373093707424noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32089437261462007312012-06-21T09:58:14.761-07:002012-06-21T09:58:14.761-07:00Oh man, every time I buy 1 ounce, gold tanks 50$ -...Oh man, every time I buy 1 ounce, gold tanks 50$ - 100$. Funny! :-)Dante_Euhttps://www.blogger.com/profile/13208538005188466169noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-30878402167333251772012-06-21T08:53:46.745-07:002012-06-21T08:53:46.745-07:00FOFOA
Looking forward to what commentary you may ...FOFOA<br /><br />Looking forward to what commentary you may provide on Izabella Kaminska's articles cited. She seems to me as in a barnyard and sets about 'stepping in it' wherever she turns. <br /><br />She opens up far more avenues than she's competent to accurately address and chooses the fat target -- "goldbugs" (HMS) -- as representative of the 'gold as savingsKindofBluehttps://www.blogger.com/profile/02788029272816377812noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-5282363779814580562012-06-21T07:11:54.888-07:002012-06-21T07:11:54.888-07:00Yes Jeff, as always.
To tie it back to another an...Yes Jeff, as always.<br /><br />To tie it back to another angle Victor was looking at, one way "This deal overvalued the US currency" is via the resultant credibility inflation, or "the expanding confidence in the fiat financial system to always deliver a higher payoff tomorrow than today" that was enabled because "after 1980, "oil" started trusting paper gold JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13974448249565608322012-06-21T07:00:28.645-07:002012-06-21T07:00:28.645-07:00Awesome linkage, JR. It seems we are in agreement....Awesome linkage, JR. It seems we are in agreement.Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-5842391593277261472012-06-21T06:31:08.749-07:002012-06-21T06:31:08.749-07:00Milamber, Texan is ignoring the situation in which...Milamber, Texan is ignoring the situation in which gold is most valuable.<br /><br />FOFOA: "Gold would not be valuable if one person owned all of it. It is most valuable in its widest distribution possible, the wealth reserve, which requires a much higher valuation than it has right now. A higher valuation denominated in hard assets, not just fiat currencies!" <br /><br />Just look at Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-51095105481968613162012-06-21T06:27:55.816-07:002012-06-21T06:27:55.816-07:00cont.
So what happened after the world worked thr...cont.<br /><br />So what happened after the world worked through the Second Oil crisis - a huge credibility inflation in the $IMFS:<br /><br /><b>And thus, in 1980, began the modern era of Credibility Inflation.<br /><br />Salting the Mine<br /><br />Most simply stated, credibility inflation is the expanding confidence in the fiat financial system to always deliver a higher payoff tomorrow than JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-75192886834845622262012-06-21T06:21:46.393-07:002012-06-21T06:21:46.393-07:00JR,
Thanks for publishing those posts about Rothb...JR,<br /><br />Thanks for publishing those posts about Rothbard. I can not express how tremendously helpful that has been reading them.<br /><br />Milambermilamberhttps://www.blogger.com/profile/17412309240173757052noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-62795435669043805772012-06-21T06:20:16.911-07:002012-06-21T06:20:16.911-07:00Texan said,
“The main issue i have always had wit...Texan said,<br /><br />“The main issue i have always had with FG is that it is too valuable to ever be traded - in size - for fiat.”<br /><br />Texan,<br /><br />If I may, I think that you are missing a key element of Freegold. Think about the following items in the context of your main issue:<br /><br />June 16, 2012 1:02 AM FOFOA said…<br /><br />“Imagine barter trade at the Giant scale if you milamberhttps://www.blogger.com/profile/17412309240173757052noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64349872205537699202012-06-21T06:18:50.509-07:002012-06-21T06:18:50.509-07:00cont.
As 1980 arrived, the Saudis naturally still...cont.<br /><br /><b>As 1980 arrived, the Saudis naturally still wanted Money (Gold) for their oil, and the rest of the world was struggling with liquidity. Much currency "wealth" had already been transferred to OPEC, leaving many countries toiling to service their own debts--much of their credit existing as recycled petrodollars. Let the lending continue! Bullion banks would facilitate JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.com