tag:blogger.com,1999:blog-4490468598422095060.post7655910628591650840..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Macrofreegold'nomicsFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger432125tag:blogger.com,1999:blog-4490468598422095060.post-13607448492422395002012-08-23T05:04:19.637-07:002012-08-23T05:04:19.637-07:00Hi spaul67,
Why don’t Giants just buy physical go...Hi spaul67,<br /><br /><i>Why don’t Giants just buy physical gold in the common man market and then use it to pay off debts at the BIS? Using one dollar to pay off twenty dollars of negative trade balance sounds like a good return to me?</i><br /><br />There are two problems here:<br /><br />1. How can a giant force the BIS to buy his gold? [Perhaps offering a discount on shrimpgold price?]<br />Anonymoushttps://www.blogger.com/profile/15726020562922627346noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-67804805248427662182012-08-23T00:34:19.118-07:002012-08-23T00:34:19.118-07:00Spaul67:
"What I’m advocating is that the mo...Spaul67:<br /><br />"What I’m advocating is that the most ‘efficient’ partner for Freegold is non-debt based MoE issued by sovereign nations. Not the only MoE partner option mind you just the best one."<br /><br />Non debt based MoE is certainly possible, but only at the central bank levels. There it will be enforced by RPG. At the consumer bank levels it will always be debt based. TheyAnand Srivastavahttps://www.blogger.com/profile/15616369007370348265noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-24423992473761874362012-08-23T00:29:16.421-07:002012-08-23T00:29:16.421-07:00Spaul67:
"No banks will go back to their trad...Spaul67:<br />"No banks will go back to their traditional role of matching short term (MoE) savers with businesses (i.e. Commercial Banking; think Real Bills, Money Markets, receivable factoring on consumed goods etc.) and Investors with Innovators (i.e. Investment Banking; think speculative, potential long term gains, higher risk, venture capitalist etc.)."<br /><br />How is this 100% Anand Srivastavahttps://www.blogger.com/profile/15616369007370348265noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-30777997954832891912012-08-22T22:33:40.390-07:002012-08-22T22:33:40.390-07:00I think I am belonged to useless wealth, having go...I think I am belonged to useless wealth, having gold and money isn't an assurance you go all you want in this world, now I realized that wealth is sometimes very useless! BTW I got my blog http://www.asiapacificgoldmining.com/how-gold-is-usedAnonymoushttps://www.blogger.com/profile/06199523526815136924noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86264398404645974022012-08-22T21:52:00.306-07:002012-08-22T21:52:00.306-07:00@JR
“Spaul you are not getting freegold, you talk...@JR<br /><br />“Spaul you are not getting freegold, you talk about today's world as if it were relevant to the discussion of freegold.”<br /><br />No I ‘get’ freegold, I may not be as long winded as some but I get it. Don’t let my ‘significantly’ shortened version of the basic concepts confuse you.<br /><br />All I’m trying to do is get answers to other completely rational and logical Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32289753472943718542012-08-22T17:48:59.415-07:002012-08-22T17:48:59.415-07:00Spaul you are not getting freegold, you talk about...Spaul you are not getting freegold, you talk about today's world as if it were relevant to the discussion of freegold. Your whole tack is I agree with freegold let's talk about my ideas. That you don't get freegold is apparent because your ideas reflect today's paradigm. <br /><br />I don't know what else to say other than pretending to agree with people through empty JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-34702740029940875992012-08-22T17:29:45.898-07:002012-08-22T17:29:45.898-07:00@JR
I’m still confused by ANOTHERS two tier gold ...@JR<br /><br />I’m still confused by ANOTHERS two tier gold market hypothesis.<br /><br />Why don’t Giants just buy physical gold in the common man market and then use it to pay off debts at the BIS? Using one dollar to pay off twenty dollars of negative trade balance sounds like a good return to me? Why wouldn’t this create a bidding war between CB in the common man market until the price was Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40572180078577806652012-08-22T17:24:55.016-07:002012-08-22T17:24:55.016-07:00@anand srivastava
“By advocating for 100% reserv...@anand srivastava <br /><br />“By advocating for 100% reserve banking you are advocating for a much more powerful govt. You are actually looking for a socialist state where the govt directly controls banks.”<br /><br />No banks will go back to their traditional role of matching short term (MoE) savers with businesses (i.e. Commercial Banking; think Real Bills, Money Markets, receivable factoring Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-21130260472196715322012-08-22T17:23:35.936-07:002012-08-22T17:23:35.936-07:00Hi athrone,
You declined my invitation to GET RAN...Hi athrone,<br /><br />You declined my invitation to GET RANDY!! Your loss.<br /><br /><b>When you understand how it is that it is economically (and therefore politically) undesirable for other major currencies to appreciate against their peer currencies (which is exactly what would happen to any currency replacing the dollar’s reserve status), you will subsequently know why gold shall continue JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48844491655154861372012-08-22T17:16:02.463-07:002012-08-22T17:16:02.463-07:00One of the ideas in EMU Heads of States and Gold M...One of the ideas in EMU Heads of States and Gold Man at the BIS that is further explored in FOFOA's comment at neutralnetwriter is the key theme of the $ camp, of which the IMF is a part (the $imfs - $ international monetary and financial system) as opposed to the ECB/BIS camp.<br /><br />Learn to fish, aka to see the world from Another perspective, and what seems distant and complex may JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-71579224733416022272012-08-22T16:06:30.284-07:002012-08-22T16:06:30.284-07:001)And for the umphteenthtime&%#°§¬, Mario Drag...1)And for the umphteenthtime&%#°§¬, Mario Draghi is not stupid, and central bankers are not stupid!<br /><br />(miner49er used to insist on that repeatedly; just to add a "Knallige" voice to the choir to make a difference for a certain audience).<br /><br />2) if you like Gold- and Silverpandas, Australian Lunar coins and the likes, get your stock asap, I'm having ever more KnallGoldhttps://www.blogger.com/profile/03078549691961474276noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-31143805608769180862012-08-22T15:57:45.480-07:002012-08-22T15:57:45.480-07:00FWIW - I think the "Freegold" concept is...FWIW - I think the "Freegold" concept is not so much one of design, but one which will evolve (IS evolving) ...out of necessity.<br />The Euro architects (in their wisdom) decided upon a "system" to firstly run with the foxes ($IMFS) ...and (as global market demand dictates) can ALSO hunt with the hounds.<br />They (IMHO) had the vision to anticipate this relentless One Bad Adderhttps://www.blogger.com/profile/03595137025269992083noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57876140375390256552012-08-22T15:34:05.070-07:002012-08-22T15:34:05.070-07:00If Vic is around,
Harvey Organ is showing "r...If Vic is around,<br /><br />Harvey Organ is showing "registered gold" at comex having fallen 200,000 oz from yesterday. I believe that is 10%ish.........<br /><br />Is this true and is it important?<br /><br />I noticed GLD has recovered almost all the physical it lost since end of June.....enoughhttps://www.blogger.com/profile/11559197548302862165noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-823292960838465722012-08-22T12:37:55.902-07:002012-08-22T12:37:55.902-07:00Freegold is/will be. It is not a plan. It is happe...Freegold is/will be. It is not a plan. It is happening, been happening. <br />I recall being at a place where it seemed very important to know who knows about freegold and whether they could stop/slow it down by making a choice not considered ....I kept reading and eventually the answers came. I found my way out of that dead end.<br /><br />FWIW, I was the one who said you were thinking like a Tommy2Tonehttps://www.blogger.com/profile/16133943613008149092noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-35446399812715496942012-08-22T12:30:08.565-07:002012-08-22T12:30:08.565-07:00I'm not sure that even the venerable FOA could...I'm not sure that even the venerable FOA could have imagined how reviled the old system would become. In short, I think he is incorrect about how many, if not most, will feel about the new system.Edwardohttps://www.blogger.com/profile/03613197383283896190noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-85011940916447565922012-08-22T11:54:27.809-07:002012-08-22T11:54:27.809-07:00FOFOA: Everyone will understand this eventually, a...FOFOA: Everyone will understand this eventually, although it may not specifically be called "Freegold" in the end. Thinking for yourself pays. Seeking reassurance feels good, but it doesn't pay. Waiting for official confirmation is also rewarding, but the reward isn't money. <br /><br />"Change isn't easy. More often, it's wrenching and difficult. But maybe that'Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52731321757163317032012-08-22T11:53:22.946-07:002012-08-22T11:53:22.946-07:00If those leaders did not take the relay, then the ...<i>If those leaders did not take the relay, then the only proponents of freegold are now those residing on this blog.</i><br /><br />Purple unicorns could fly out of my butt too! <br /><br />Good thing we know the relay team did not fumble the baton!<br /><br /><b>What we learned from ANOTHER thirty years later was:<br /><br />1. The purpose of the euro was to provide an international JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64477585645139676752012-08-22T11:52:58.561-07:002012-08-22T11:52:58.561-07:00Same old argument. OMG FOFOA WHEREZ TEH FREEGOLD. ...Same old argument. OMG FOFOA WHEREZ TEH FREEGOLD. <br /><br />You ignore the evidence that things are proceeding as planned. You want to see politicians and billionaires on tv chatting about the transition. What if a giant gold meteor slams into Manhattan; couldn't that change things? Yes, yes it could. In the meantime...<br /><br />Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-64227245202541084412012-08-22T11:47:48.754-07:002012-08-22T11:47:48.754-07:00oops, Who is Draining GLD? link!oops, <a href="http://fofoa.blogspot.com/2011/01/who-is-draining-gld.html" rel="nofollow">Who is Draining GLD?</a> link!JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-6786743236876138182012-08-22T11:47:05.536-07:002012-08-22T11:47:05.536-07:001. Based on FOFOA's posts (for example the 201...<i>1. Based on FOFOA's posts (for example the 2010 post JR linked) and the perception in the media, it does not seem that any world leaders / billionaires are aware of the freegold concept.</i><br /><br />It does not seem these matters are discussed in public, yes? You would agree you do not know much of these folk's private affairs, yes? But we do know from the actions of ECB/Euro JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48369173466971046862012-08-22T11:46:00.876-07:002012-08-22T11:46:00.876-07:00athrone
1. If they were aware, would they make th...athrone<br /><br />1. If they were aware, would they make that knowledge public? Stop thinking like a ant.<br /><br />2. Probably.<br /><br />3. Some countries Are buying gold, and some countries have adopted the MTM model. This is not apparition, this is fact.<br /><br />4. In effect yes, in not in fact.<br /><br />World leaders eh? Presidents are not central bankers, nor privy to all the same Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-28760580040241901882012-08-22T11:35:19.402-07:002012-08-22T11:35:19.402-07:00As you can see, I am not basing my views on a worl...As you can see, I am not basing my views on a worldview but rather a logical combination of the arguments presented...<br /><br />To continue,<br /><br />What if Another's successors did not agree with freegold? What if they had their own ideas? What if that is why he went public on gold forums, in order to spread the message to a further audience and perhaps have other key players (world Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-72819216163309308912012-08-22T11:23:58.298-07:002012-08-22T11:23:58.298-07:00Here is my line of reasoning, which might help fra...Here is my line of reasoning, which might help frame why I am asking these questions.<br /><br />1. Based on FOFOA's posts (for example the 2010 post JR linked) and the perception in the media, it does not seem that any world leaders / billionaires are aware of the freegold concept.<br /><br />2. Based on Another's writings, his background points to being a Central Bank insider. This Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40846485690291538282012-08-22T11:23:32.104-07:002012-08-22T11:23:32.104-07:00You attack my "reading comprehension, baggage...<i>You attack my "reading comprehension, baggage, and personal agenda" yet you know nothing of my background. Making assumptions is not showing me to be the jerk, but perhaps one's self.</i><br /><br />No one is commenting on your background. They are commenting on your obvious and apparent unwillingness to listen to others. <br /><br />Your cup is too full, there is no room for JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-42953766630487180742012-08-22T11:19:37.574-07:002012-08-22T11:19:37.574-07:00We can give you a fish or teach you to fish? Dire...We can give you a fish or teach you to fish? Direct answers haven't and won't make any sense, because your baggage is apparent form the predicates built into your questions. <br /><br /><b>One of the biggest struggles I observe in newish visitors to my blog is that they instinctively try to reconcile everything they learned from the hard money camp—ZH and GATA being two bright stars JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.com