tag:blogger.com,1999:blog-4490468598422095060.post7896049973567755634..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Flow AddendumFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger108125tag:blogger.com,1999:blog-4490468598422095060.post-75773037543695402412010-11-06T09:50:43.843-07:002010-11-06T09:50:43.843-07:00f. What is money? Alan Greenspan couldn`t answer t...f. What is money? Alan Greenspan couldn`t answer that question. For me it is the ability to liquefy (into a medium of exchange/media of exchange) one`s assets, labour, trustworthiness, special rights etc. And I don`t care what the giants might think that medium/ a of exchange should be, because this depression (just like the previous one) should reset everybody`s position in this world I think,Bright aurumhttps://www.blogger.com/profile/16783154684850533212noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-55560906124378092462010-11-06T09:49:42.539-07:002010-11-06T09:49:42.539-07:00…for silver to take its place as a monetary metal....…for silver to take its place as a monetary metal. <br />Expectations:<br />2. Silver will be UNLEASHED in a kind of a FREEgoldandsilver.<br />a. If given enough time (in a strictly regulated world where gold will be used as a collateral for obtaining resources; a guarantee of trade balance in a national/international clearing system) silver may assume its role as a monetary metal and organize Bright aurumhttps://www.blogger.com/profile/16783154684850533212noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86053693344702366052010-11-06T09:48:55.377-07:002010-11-06T09:48:55.377-07:00FOFOA, others thank you for your thoughts.
Here ar...FOFOA, others thank you for your thoughts.<br />Here are mine (and I am sorry that my English is not up to the high standard set by ANOTHER, FOA, FOFOA and others).<br />Gold and Silver proponents rejoice, your long waiting will be vindicated! And yes, it is gold and silver (other PM included for what they are - PRECIOUS) .“This speaks to a much higher monetary demand for gold than for silver, Bright aurumhttps://www.blogger.com/profile/16783154684850533212noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-82289935310299022372010-10-31T05:37:56.886-07:002010-10-31T05:37:56.886-07:00This comment has been removed by the author.costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-34504454663529899542010-10-31T03:06:43.567-07:002010-10-31T03:06:43.567-07:00... continued
As trade and GDP slows down rapidly...... continued<br /><br />As trade and GDP slows down rapidly through the summer, the PIGS are forced to exit the Euro completely and the Nord Euro is created. The Neuro formation brings to a crisis the issue of gold custody. While the PIGS are demanding return of their gold from Brussels, the Germans are demanding the return of their gold from the US. The price of gold in most currencies Desperadohttps://www.blogger.com/profile/16215858025835016523noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48060164784394610032010-10-31T03:05:32.000-07:002010-10-31T03:05:32.000-07:00This is how it might happen.
Other events would b...This is how it might happen.<br /><br />Other events would be happening around the world too. For example, as the UBS crisis unfolded, the Swiss would make a run on gold, and retail gold outlets would run out of stock. Germany would soon follow as all the Swiss neighbors would also be in severe difficulty. You see, Switzerland would not be the only country in dire straights, and as such a Desperadohttps://www.blogger.com/profile/16215858025835016523noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52596627883541214752010-10-31T00:44:16.536-07:002010-10-31T00:44:16.536-07:00Hi All,
No joking, this could be one of the most ...Hi All,<br /><br />No joking, this could be one of the most important articles that Tyler Durden has ever posted.<br /><br />http://www.zerohedge.com/article/why-downside-feds-all-attempt-spike-shadow-monetary-velocity-45-trillion-drop-gdp<br /> <br />Q. Are the US external creditors and issuers of the currencies affected by these policies going to stand for this?costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-12191184889372367492010-10-31T00:14:50.747-07:002010-10-31T00:14:50.747-07:00This seriously could be the greatest blog ever. Th...This seriously could be the greatest blog ever. Thanks to everyone for their comments, and especially thanks to FOFOA for making us think!<br />No matter what language one may speak, weather it's one or five or twelve different ones, gold is a universal language. Gold is the only true form of wealth. If/when one understands this, things will become much clearer....Davidhttps://www.blogger.com/profile/13514628815865334019noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63939340821245289242010-10-30T23:39:49.339-07:002010-10-30T23:39:49.339-07:00Freegold or a system that has its reflection, may ...Freegold or a system that has its reflection, may be inevitable when the current economic system fails.<br /><br />But personally I think that a safe, sound and honest system will be when we return to unlimited gold/silver coinage, that is when we shall truly be free.<br /><br />Also freegold or system that has its reflection will never happen before the powers that are try to somehow hold up Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-53303444144261961772010-10-30T22:11:09.424-07:002010-10-30T22:11:09.424-07:00@Max, You're right, this is about Liberty vers...@Max, You're right, this is about Liberty versus Oppression. The memes which will shred the financial matrix you serve, are already intersecting. It was always to be. Good luck with that.Warren Jameshttps://www.blogger.com/profile/00631403827559820571noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-69025294889884266132010-10-30T18:11:54.072-07:002010-10-30T18:11:54.072-07:00oldinvestor,
I think I understand your perspectiv...oldinvestor,<br /><br />I think I understand your perspective. One of the points Martin Armstrong is trying to make is that attempting to manipulate your currency is a waste of time. The huge Forex market will eventually overwhelm you.<br /><br />We have to use stats such as GDP but if you look into its composition it is a poor indicator of <b>productive</b> economic activity. As Professor costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-36799302428258350792010-10-30T17:28:30.917-07:002010-10-30T17:28:30.917-07:00Dubai Gold shop.....!!!
http://www.youtube.com/wa...Dubai Gold shop.....!!!<br /><br />http://www.youtube.com/watch?v=wRpO8nKmzCE<br /><br />come to papa...dojufitzhttps://www.blogger.com/profile/00687872625753864690noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66605102763240911152010-10-30T17:01:08.131-07:002010-10-30T17:01:08.131-07:00max,
"why don't you adress his Mexican S...max,<br /><br /><i>"why don't you adress his Mexican Silveretes post?</i><br /><br />Which post are you referring to?<br /><br />(BTW the opportunity to insult Desperado is one of the biggest drawcards for this blog. My estimate is that it accounts for at least 50% of the total traffic.)<br /><br />Hi Desperado,<br /><br />I wasn't suggesting that Dubai will lead on price discovery. costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10182169770505084092010-10-30T15:45:26.355-07:002010-10-30T15:45:26.355-07:00@Costata, English is my 5th language so please pa...@Costata, English is my 5th language so please pardon my lame attempt to be coherent. What I meant was, since you insulted Desperado with some lame rhetoric why don't you adress his Mexican Silveretes post?<br /><br />@David, I have corrected the irony, does it help?.maxhttps://www.blogger.com/profile/13083390661381769882noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-12557246983069721982010-10-30T15:34:46.313-07:002010-10-30T15:34:46.313-07:00@Max,
"Even a broken clock is right twice a ...@Max,<br /><br />"Even a broken clock is right twice a day."<br /><br />How ironic that you posted this twice...Davidhttps://www.blogger.com/profile/13514628815865334019noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86833298451258838932010-10-30T15:28:20.239-07:002010-10-30T15:28:20.239-07:00max,
you wrote:
"Costata, After insulting De...max,<br /><br />you wrote:<br /><i>"Costata, After insulting Desperado, it would be nice if you responded to the excellent rebuttal of his.</i><br /><br />Is insulting Desperado mandatory or can I just I respond to his rebuttal?costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-92121171659694925182010-10-30T14:49:43.198-07:002010-10-30T14:49:43.198-07:00This comment has been removed by the author.maxhttps://www.blogger.com/profile/13083390661381769882noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52231927092205321652010-10-30T14:49:42.356-07:002010-10-30T14:49:42.356-07:00@David, by now Im sure you've heard the news. ...@David, by now Im sure you've heard the news. Even a broken clock is right twice a day.<br /><br />@Andrew, "Then what?" Then nothing, a new currency will be ushered in which will perform from a quasi-gold standard and we reset from there. There is no "enlightenment", gold will never be free and, sorry to oblige, but neither will any of you. Get used to it, free gold maxhttps://www.blogger.com/profile/13083390661381769882noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48061374311666414702010-10-30T13:36:05.119-07:002010-10-30T13:36:05.119-07:00Eurogoldexchange on youtube talking about Gold and...Eurogoldexchange on youtube talking about Gold and Silver<br /><br />http://www.youtube.com/watch?v=VpnzqBulGPM&feature=subdojufitzhttps://www.blogger.com/profile/00687872625753864690noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-33399102858010183492010-10-30T13:08:29.919-07:002010-10-30T13:08:29.919-07:00An interesting piece by Edwin Vieira entitled “Cro...An interesting piece by Edwin Vieira entitled “Cross of Gold” at the GATA site.<br /><br />http://www.gata.org/files/Vieira-ACrossOfGold-10-21-2010.pdf<br /><br />See also a review of his monumental history of the US legal and constitutional issues relating to money, “Pieces of Eight” by James Turk.<br /><br />http://www.gata.org/node/7536<br /><br />Excerpt from Cross of Gold,<br /><br />“Whicholdinvestorhttps://www.blogger.com/profile/09702919931459797506noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-42158444345590113362010-10-30T12:03:14.512-07:002010-10-30T12:03:14.512-07:00@max, thanks for the support. Playing Colombo is ...@max, thanks for the support. Playing <a href="http://www.youtube.com/watch?v=U0Yy1pTFzsw" rel="nofollow">Colombo</a> is often a lonely job...Desperadohttps://www.blogger.com/profile/16215858025835016523noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-4648532663695146682010-10-30T11:41:28.046-07:002010-10-30T11:41:28.046-07:00@littlepeople, you wrote: "when LBMA/COMEX c...@littlepeople, you wrote: <i>"when LBMA/COMEX can no longer deliver real gold and silver, trading will be halted in those "commodities." HSBC and JPM, the big shorts in gold and silver, respectively, will not be able to deliver physical to the yearning longs, but it will not technically be considered a default. Reason being, they can be allowed to pay the longs in fiat, and/or Desperadohttps://www.blogger.com/profile/16215858025835016523noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39903713092312355592010-10-30T11:29:23.065-07:002010-10-30T11:29:23.065-07:00@costata
Thanks for the reply. Armstrong is an i...@costata<br /><br />Thanks for the reply. Armstrong is an interesting fellow though too tied to the street, imho. He also feels that a gold standard isn't possible due to the lack of physical to support an expanding population. No problem there, but as we know, both will exist and the first proverbial 'blink' will be our FreeGold. I have become comfortable with that and can't Unknownhttps://www.blogger.com/profile/13696026472862631735noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48464607209332122482010-10-30T10:29:04.801-07:002010-10-30T10:29:04.801-07:00FOFOA:
Thanks for your answers to my questions. I...FOFOA:<br />Thanks for your answers to my questions. I agree that no matter which view of the CB/gold world is correct (Another vs. GATA), physical gold in one's possession is a way to future wealth.<br /><br />You said, "And some of the conclusions that can be drawn from GATA's paradigm are antithetical to ANOTHER's story. I suppose, if you are unable to see the difference, thelittlepeoplehttps://www.blogger.com/profile/03145556519095906058noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-88091174879995626532010-10-30T10:12:11.146-07:002010-10-30T10:12:11.146-07:00@Max: Yes, it's apparent you're only readi...@Max: Yes, it's apparent you're only reading the commentaries. You might want to start reading the blog as well.Davidhttps://www.blogger.com/profile/13514628815865334019noreply@blogger.com