tag:blogger.com,1999:blog-4490468598422095060.post6080343476117245767..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Forum 1800FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger206125tag:blogger.com,1999:blog-4490468598422095060.post-23855112930251216612011-08-15T11:53:39.715-07:002011-08-15T11:53:39.715-07:00Hi Ash
Hmm, let us not litter FOFOA's blog wi...Hi Ash<br /><br />Hmm, let us not litter FOFOA's blog with this nonsense. :P<br /><br />My blog or yours, as you prefer. <br /><br />Thanks<br /><br />TFMotley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-19507268068515526702011-08-15T11:48:28.063-07:002011-08-15T11:48:28.063-07:00MF,
Just to be clear, do you want me to post any ...MF,<br /><br />Just to be clear, do you want me to post any comments on Part I here, on your blog or both? I have only skimmed it right now, but I will read it more carefully later and give you some feedback re: Marx and his theories of capitalism.Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-88168166512610990452011-08-15T09:10:07.519-07:002011-08-15T09:10:07.519-07:00Hi Ash
As you wish.
Part one may be found here ...Hi Ash<br /><br />As you wish. <br /><br />Part one may be found here : <br /><br /><a href="http://blogs.fin24.com/Motley.Fool/taking-out-the-trash-part-1" rel="nofollow"> Taking out the trAsh</a><br /><br />TF<br /><br />Ps. Those who care too, are welcome to take a look.Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-27057291679346425602011-08-15T08:52:03.834-07:002011-08-15T08:52:03.834-07:00Icecream! Popcorn! Novelties! Get your souvenirs h...Icecream! Popcorn! Novelties! Get your <a href="http://cgi.ebay.com/BIGFOOT-SASQUATCH-Yeti-FAKE-POOP-Crap-Poo-Dog-Wookie-B-/270787805996?pt=LH_DefaultDomain_0&hash=item3f0c36032c" rel="nofollow">souvenirs</a> here!DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64629623265635450392011-08-15T08:42:10.711-07:002011-08-15T08:42:10.711-07:00popcorn... get your popcorn...popcorn... get your popcorn...Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-29272627850507245722011-08-15T08:02:00.811-07:002011-08-15T08:02:00.811-07:00MF,
Yeah, of course. Whatever "terms" y...MF,<br /><br />Yeah, of course. Whatever "terms" you want to establish are fine with me.Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55309147564693512512011-08-15T05:59:23.316-07:002011-08-15T05:59:23.316-07:00Ash
I realize the time is long past, but I did sa...Ash<br /><br />I realize the time is long past, but I did say I was going to reply to your set of posts. <br /><br />In the meantime Ive been on vacation, and haven't really felt like continuing. <br /><br />The first two parts are essentially done though; of the three parts I wanted in my original post.<br /><br />If you wish I will put that up so long so we can establish some things before Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-77809910234275626652011-08-15T00:34:18.211-07:002011-08-15T00:34:18.211-07:00HMO,
I don't claim to have any special insigh...HMO,<br /><br />I don't claim to have any special insights into the Canadian situation. But there are certainly similarities in the Australian and Canadian economies. As I indicated with that comment you quoted, I think Australia could experience a different set of outcomes to America (same goes for other countries as well). <br /><br />For example it is not certain that banks in this countrycostatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-24976327813880513662011-08-15T00:24:28.781-07:002011-08-15T00:24:28.781-07:00Done, here we go, enjoy!:
COUNCIL OF THE EUROPEAN...Done, here we go, enjoy!:<br /><br />COUNCIL OF THE EUROPEAN UNION<br />Brussels, 3 October 2005<br />12913/05<br />LIMITE<br />FISC 115<br />NOTE<br />from: Presidency <br />to: Working Party on Tax Questions – Indirect Taxation (VAT)<br />Subject: Proposal for a Council Directive on the common system of value added tax = Presidency compromise<br /><br />http://anotherfreegoldblog.blogspot.com/@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-4311498714198476322011-08-15T00:12:23.817-07:002011-08-15T00:12:23.817-07:00This comment has been removed by the author.@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-42151792186035596842011-08-15T00:05:04.061-07:002011-08-15T00:05:04.061-07:00@to above discussion...
I found this in one doc a...@to above discussion...<br /><br />I found this in one doc about VAT treatement in EU...<br /><br />"...Special scheme for investment gold..."<br /><br />...2. Member States may exclude from this special scheme small bars or wafers of a weight of<br />1 g or less...<br /><br />(taken out of the context, just to show that there are laws being created even about this)<br /><br />Source to@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-5342136090752009372011-08-14T20:03:22.785-07:002011-08-14T20:03:22.785-07:00I cant see how FOFOA is right on how the transitio...I cant see how FOFOA is right on how the transition to freegold will take place.<br /><br />His first assumption is that there will be a huge US debt/treasury rally because he believes that capital will flow exactly how the Exeters pyramid is written. I have seen it said here that he believes freegold is months away. Right now, the yield on the 30 year treasury is 3%. So if this is possible Mhttps://www.blogger.com/profile/14298632737279907377noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-28046952077899406452011-08-14T20:01:47.862-07:002011-08-14T20:01:47.862-07:00This comment has been removed by the author.Mhttps://www.blogger.com/profile/14298632737279907377noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-91365504227242541062011-08-14T17:25:08.359-07:002011-08-14T17:25:08.359-07:00@Costata
"In my opinion Australia could expe...@Costata<br /><br />"In my opinion Australia could experience the debt deflation that Steve Keen is expecting in the USA (but that is a topic for another day)."<br /><br />I have had similar thoughts regarding the Canadian dollar. If (rather when) the USD defaults and is devalued relative to gold and the fiat currencies of surplus nations (China) what happens to the currencies of holdinmyownhttps://www.blogger.com/profile/10481539885752098690noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-89679495481747531542011-08-14T17:00:28.323-07:002011-08-14T17:00:28.323-07:00@NoEscape
"For me, the key concept was the f...@NoEscape<br /><br />"For me, the key concept was the following:<br />If a country has smart leaders and only oil to trade, what would be the only thing a smart leader would be willing to exchange it for ?<br /><br />The conviction that gold was the only answer was like seeing light after months in darkness."<br /><br />I don't completely agree with your statement above. An oil holdinmyownhttps://www.blogger.com/profile/10481539885752098690noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66098557359706731752011-08-14T15:16:04.315-07:002011-08-14T15:16:04.315-07:00One Grain Gold Bar
Thanks M.F. (I think a certai...<a href="http://www.google.com/search?hl=en&q=one+grain+of+gold+bar&gs_sm=e&gs_upl=870l7780l0l7969l23l20l0l2l2l0l427l5066l0.5.5.5.3l18l0&bav=on.2,or.r_gc.r_pw.&biw=1400&bih=671&um=1&ie=UTF-8&tbm=isch&source=og&sa=N&tab=wi" rel="nofollow">One Grain Gold Bar</a> <br /><br />Thanks M.F. (I think a certain blog writer would enjoy one of these:)Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-5609901696226700292011-08-14T14:26:44.732-07:002011-08-14T14:26:44.732-07:00Came across this on Kitco Gold forum:
http://www.b...Came across this on Kitco Gold forum:<br />http://www.bizportal.co.il/shukhahon/bizcompquote.shtml?p_id=1116375&maavar=1<br />It is apparently the Israeli gold market and it opens before the Asians...in fact it is closed already so I guess it is a Sunday market.<br />I was not aware there was gold trading before 3PM Sunday when the far East opens.<br />Gold closed at 1730 there.Michael dVhttps://www.blogger.com/profile/12483224373093707424noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-16931849593712358312011-08-14T14:23:15.014-07:002011-08-14T14:23:15.014-07:00Looks like FOFOA is in good company, none other th...Looks like FOFOA is in good company, none other than Steve Forbes seems to think USD will be 'backed' by gold within 2/3 years because of the distrust in the currency.<br /><br /><a href="http://www.youtube.com/watch?v=R0tf30QFhOo&feature=player_embedded" rel="nofollow">Steve Forbes interviewed by UK Channel 4 News Journalist (only 2 mins+ long)</a><br /><br />See end of video.bobhttps://www.blogger.com/profile/10113400401872992624noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-79023126843728380822011-08-14T13:35:53.804-07:002011-08-14T13:35:53.804-07:00It’s the Economy, Dummkopf!
Until now the Europea...<a href="http://www.vanityfair.com/business/features/2011/09/europe-201109#gotopage1" rel="nofollow">It’s the Economy, Dummkopf!</a><br /><br /><i>Until now the European Central Bank, in Frankfurt, has been the main source of this cash. The E.C.B. was designed to behave with the same discipline as the German Bundesbank, but it has morphed into something very different. Since the start of the Goldilockshttps://www.blogger.com/profile/12520452067388070139noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47719669181485985552011-08-14T13:34:11.244-07:002011-08-14T13:34:11.244-07:00Jeff,
Why are you making erroneous assumptions wi...Jeff,<br /><br />Why are you making erroneous assumptions without any rhyme or reason? I did not once "defend Mish" in my comment. There are many things that I disagree with Mish about, including his broad theoretical perspective and his rants about how we need massive austerity in the public sector and privatization of everything under the Sun. I even posted a comment on TAE awhile Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-73671960534360933982011-08-14T13:22:28.777-07:002011-08-14T13:22:28.777-07:00I recall that someone asked not too long ago what ...I recall that someone asked not too long ago what is the smallest amount of gold you can buy at present. <br /><br />Well, here it is : http://cgi.ebay.com/1-GRAIN-24K-PURE-GOLD-BULLION-MINI-BAR-999-FINE-GIFT-/200639861481?pt=LH_DefaultDomain_0&hash=item2eb71152e9<br /><br />One grain of gold, in bar form. There are 480 grains in a troy ounce. So it's roughly 0.065grams of gold.<br /><br Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-51001643878461831692011-08-14T13:17:59.660-07:002011-08-14T13:17:59.660-07:00Mish started the fight, and continued it by repeat...Mish started the fight, and continued it by repeatedly emailing itulip. He is arrogant and ignorant, IMO, often calling hyperinflationists 'idiots'. Mish also admits that he makes a nice living selling deflation on his blog. Don't look for him to ever admit a mistake, which Jantzen has done. <br /><br />Loved the way Jantzen busted him on his housing top call in 2002. Ash, are you as Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-69877719213897056692011-08-14T12:41:35.219-07:002011-08-14T12:41:35.219-07:00Thanks for the link costata. Mish is an interestin...Thanks for the link costata. Mish is an interesting bird and during my web site climb up the ladder to FOFOA I stopped by his abode and thankfully kept moving. <br /><br /><i>"(Mish) said, I have had many feuds with Eric Jantzen (sic) at iTulip regarding deflation. He makes a distinction between deflation and debt-deflation. From a practical standpoint, in a fiat credit-based economy, Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10028372115295316632011-08-14T12:07:28.166-07:002011-08-14T12:07:28.166-07:00Happy 40th Anniversary
(yeah I know I'm 12 hou...Happy 40th Anniversary<br />(yeah I know I'm 12 hours early)Michael dVhttps://www.blogger.com/profile/12483224373093707424noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64061873802351895992011-08-14T11:16:04.310-07:002011-08-14T11:16:04.310-07:00Cont...
Also, its interesting that Jantzen's ...Cont...<br /><br />Also, its interesting that Jantzen's argument was even brought up here, since he is essentially saying that we have returned to a period of sustained consumer price <i>inflation</i>, or what he likes to call stagflation (notice that people hawking various "investment theses", who don't like to face reality, always predict "stagflation" into the Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.com