tag:blogger.com,1999:blog-4490468598422095060.post4655557391988948744..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: What is Freegold?FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger458125tag:blogger.com,1999:blog-4490468598422095060.post-47197855264144310022013-07-11T04:57:26.378-07:002013-07-11T04:57:26.378-07:00The problem is that TPTB will not give up the powe...The problem is that TPTB will not give up the power to print money without a fight, a massive WW3 style fight.<br /><br />That won't stop me from stacking though.Mikehttps://www.blogger.com/profile/01391093281372678535noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-18296004517469896142013-06-22T07:59:01.748-07:002013-06-22T07:59:01.748-07:00Floesh,
Before I answer, can you tell me what you...Floesh,<br /><br />Before I answer, can you tell me what you think the free in Freegold means?<br /><br />Milambermilamberhttps://www.blogger.com/profile/17412309240173757052noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-53663565178162746192013-06-21T17:33:53.825-07:002013-06-21T17:33:53.825-07:00How free is freegold if those who hold it now are ...How free is freegold if those who hold it now are still in power after we get "free"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86689833444531814862013-06-09T13:45:01.378-07:002013-06-09T13:45:01.378-07:00Dumbass
"My whole point, and one that is obv...Dumbass<br /><br />"My whole point, and one that is obviously above the capacity of our resident fool, motley or otherwise, is that it’s net energy that moves ‘through’ gold just like gold moves ‘through’ paper."<br /><br />I don't think this was anywhere near the points you thought you made thus far, but hey let's look at it.<br /><br />One way to consider the way gold moves Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-88218636876917259812013-06-09T10:23:29.704-07:002013-06-09T10:23:29.704-07:00lola said...
Spaul67
You say, "After all i...lola said... <br /><br />Spaul67<br /><br />You say, "After all if you produce the king of energy why not be paid in the king of SoV. But at no point should you place gold ‘above’ energy, its energy that prices gold not the other way around because energy is essential for life. This is why gold and energy can’t flow in the same direction regardless of whether it’s human energy (past) or oil Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55081942992764163742013-06-09T01:17:04.241-07:002013-06-09T01:17:04.241-07:00Spaul67
You say, "After all if you produce t...Spaul67<br /><br />You say, "After all if you produce the king of energy why not be paid in the king of SoV. But at no point should you place gold ‘above’ energy, its energy that prices gold not the other way around because energy is essential for life. This is why gold and energy can’t flow in the same direction regardless of whether it’s human energy (past) or oil energy (today)."<br lolahttps://www.blogger.com/profile/05722926030437607917noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-73207839016211645922013-06-09T00:59:28.320-07:002013-06-09T00:59:28.320-07:00spaul
"In short you confusing cause with ef...spaul<br /><br /><br />"In short you confusing cause with effect."<br /><br />Irony...gotta love it.<br /><br />Yes, stores of value is a proxy for energy. That was not being disputed. What I did dispute was your nonsense about banana's, aka your imaginings that net energy producers have the sole discretionary power of choice about what that store of value is. They don't.<br /><Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55197889877828680392013-06-08T16:37:12.683-07:002013-06-08T16:37:12.683-07:00Aaron said...
spaul67 said:
"At one time go...Aaron said... <br /><br />spaul67 said:<br />"At one time gold and silver where almost exclusively produce using ‘human’ energy. Thus they were a perfect proxy for ‘human’ energy"<br /><br />“This sounds a lot like Labor Theory of Value.<br />Spaul, how do you feel about Capitalism?”<br /><br />I’m all for ‘market’ based capitalism and don’t agree at all with the Labor Theory Value of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64731275987037607432013-06-08T16:14:30.992-07:002013-06-08T16:14:30.992-07:00Motley Fool said...
spaul
"In short you con...Motley Fool said... <br /><br />spaul<br />"In short you confusing cause with effect."<br /><br /><br /><br />“Irony...gotta love it.<br /><br />Yes, stores of value is a proxy for energy. That was not being disputed. What I did dispute was your bullshit about banana's, aka your imaginings that net energy producers have the sole discretionary power of choice about what that store ofAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86790486445462466632013-06-08T09:02:02.517-07:002013-06-08T09:02:02.517-07:00Column five avg price of goldColumn five avg price of goldGrumps LaBastardhttps://www.blogger.com/profile/14516927214877780910noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-84556225029140502642013-06-08T09:00:56.821-07:002013-06-08T09:00:56.821-07:00Column one date of bond
Column two ann yiel...Column one date of bond<br /><br />Column two ann yield<br /><br />Column three total yield after 10 years<br /><br />Column four subtotal upon maturityGrumps LaBastardhttps://www.blogger.com/profile/14516927214877780910noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-65959534496973497962013-06-08T08:56:57.050-07:002013-06-08T08:56:57.050-07:0018.92 (1 oz of Au) invested in 10 year treasury w/...18.92 (1 oz of Au) invested in 10 year treasury w/ coupons sent to zero certificate until maturity of bond, so compounding rate is 10 years.<br /><br />Date of Annual Total Total at Avg Au<br />Bond Yield yield Maturity Price@Mat 1/1/1913 4.45% 44.5% 27.33 21.32<br /><br />1/1/1923 4.31% 43.1% 39.11 26.33<br /><br />1/1/1933 3.31% 33.1% 52.05Grumps LaBastardhttps://www.blogger.com/profile/14516927214877780910noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-23585586510742809122013-06-08T08:16:25.036-07:002013-06-08T08:16:25.036-07:00@athrone: Is housing easily divisible? No. Is hous...@athrone: Is housing easily divisible? No. Is housing low maintenance? No. Is housing portable. No. Does housing have low transaction costs? No. <br /><br />Gold has all of these characteristics AND *AND* a "supply overhang". That's why it's the monetary metal. AThttps://www.blogger.com/profile/06347668287413314992noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-26890304609055542162013-06-08T03:56:07.004-07:002013-06-08T03:56:07.004-07:00Check out CSPAN, they've got this Sino-America...Check out CSPAN, they've got this Sino-American meeting at Palm Springs. The US side looks like a bunch of whipped dogs. Terms of a default being ironed out? Grumps LaBastardhttps://www.blogger.com/profile/14516927214877780910noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-4129610063488912032013-06-08T02:33:41.961-07:002013-06-08T02:33:41.961-07:00spaul
"In short you confusing cause with eff...spaul<br /><br />"In short you confusing cause with effect."<br /><br />Irony...gotta love it.<br /><br />Yes, stores of value is a proxy for energy. That was not being disputed. What I did dispute was your bullshit about banana's, aka your imaginings that net energy producers have the sole discretionary power of choice about what that store of value is. They don't.<br /><br />Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-50604789089682892122013-06-07T20:06:37.678-07:002013-06-07T20:06:37.678-07:00...also, it would be helpful to know, what are you......also, it would be helpful to know, what are your thoughts on Socialism?<br />Aaronhttps://www.blogger.com/profile/13451592775494356839noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-71641589269626560482013-06-07T19:27:42.810-07:002013-06-07T19:27:42.810-07:00spaul67 said:
"At one time gold and silver w...<i>spaul67 said:</i><br /><br /><i>"At one time gold and silver where almost exclusively produce using ‘human’ energy. Thus they were a perfect proxy for ‘human’ energy"</i><br /><br />This sounds a lot like Labor Theory of Value.<br /><br />Spaul, how do you feel about Capitalism?Aaronhttps://www.blogger.com/profile/13451592775494356839noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-56704338964945641002013-06-07T15:36:51.213-07:002013-06-07T15:36:51.213-07:00Nand,
Love the chart. Nice work!
Here's a s...Nand,<br /><br />Love the chart. Nice work!<br /><br />Here's a suggestion, what if there were a few lines, based on different theories of how these things play out? For instance, you could look at the waterfall effect (from the FOFOA post of the same name), and another line drawn on patterns observed in various collapses from history (Weimar? Zimbabwe? Argentina? etc?).<br /><br />I byiamBYounghttps://www.blogger.com/profile/13175869237170162943noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-14428411051156484542013-06-07T15:17:44.415-07:002013-06-07T15:17:44.415-07:00Motley Fool said...
Spaul67 said….
"Gold is...Motley Fool said... <br /><br />Spaul67 said….<br />"Gold is the ‘focal’ point because the net energy producer says it is."<br /><br />“No.<br /><br />It was a focal point before oil. And will remain so after.<br /><br />This is not the reason it is the focal point. “<br /><br />At one time gold and silver where almost exclusively produce using ‘human’ energy. Thus they were a perfect Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13018350458677742002013-06-07T15:07:12.453-07:002013-06-07T15:07:12.453-07:00Nand,
Well done, I've been thinking of doing ...Nand,<br /><br />Well done, I've been thinking of doing something similar, or graphing other correlations with GLD data. Good to see another open source developer following the trail.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61807156236167310642013-06-07T14:16:28.842-07:002013-06-07T14:16:28.842-07:00A silly little project I did on some time misalloc...A silly little project I did on some time misallocation ;) Timing is pointless in a critical transition, especially this scale, but it's always fun to try to guess!<br />Please share if you have ideas of stuff to put in it.Nandhttps://www.blogger.com/profile/14316182694439874740noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40181213180889486572013-06-07T13:42:20.448-07:002013-06-07T13:42:20.448-07:00Just noted that:
http://www.freegoldclock.org/
,...Just noted that:<br /><br /><a href="http://www.freegoldclock.org/" rel="nofollow">http://www.freegoldclock.org/</a><br /><br />, now links to this post and FGT's video! Nice! Thanks Nand!burningfiathttps://www.blogger.com/profile/15830817879033179597noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-11514505127504887952013-06-07T13:16:37.952-07:002013-06-07T13:16:37.952-07:00Franco
Let me allow FOFOA to answer. :P
http://g...Franco<br /><br />Let me allow FOFOA to answer. :P<br /><br />http://goldchat.blogspot.com/2011/12/my-thoughts-on-freegold.html<br /><br />Also relevant this section "Gold lending and collateral use in Freegold"<br /><br />from : http://fofoa.blogspot.com/2013/05/glimpsing-hereafter-2.html<br /><br />as you contemplate what gold futures contracts are exactly.<br /><br />TF<br />Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-16340073039869989572013-06-07T13:11:39.585-07:002013-06-07T13:11:39.585-07:00Dave Kranzler with a nice long term chart and some...Dave Kranzler with a nice long term chart and some current fundamental attributes and "discrepencies" that fit in...<br />http://truthingold.blogspot.com/2013/06/the-revival-friday-chart-porn.htmlmichael3c2000https://www.blogger.com/profile/02603788929243707009noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-14959137985730886112013-06-07T13:09:40.474-07:002013-06-07T13:09:40.474-07:00Motley Fool:
Let me ask you this question, then: ...Motley Fool:<br /><br />Let me ask you this question, then: can freegold exist as FOFOA formulated it, and still have a futures market for gold (even physical settlement only), or does freegold require no gold futures at all?Francohttps://www.blogger.com/profile/17571279881368495955noreply@blogger.com