Here is Jim Willie's newest article. Maybe he watched part 4 of my bears collection? Wasn't everyone laughing at part 4? Oh but now everyone wants to write about a PM's backed currencies and I see a ton of shit about tungsten now in different articles.... Eat it bitchez.
http://www.kitco.com/ind/willie/feb232011.html
Anyone here read the FOFOA blog? I'm tired of this douchebag trash talking silver and acting like Freegold is a topic requiring one to digest a tome worth of material to understand. Maybe some of the FOFOA acolytes will stop massaging his genitals after I break it down for them in ONE SENTENCE and show them it is not a concept with depth comparable to the intricate complexities of modern theoretical physics as this guy often seems to infer in his writings. Simply put; THE BRETTON WOODS SYSTEM WITH PRIVATE GOLD OWNERSHIP AND NO FIXED PRICE...DONE END OF STORY.
ReplyDeleteSorry for that rant I just had to get that off my chest. With that said, SGS you are the man I knew it was only a matter of time before you'd be proven right.
I tend not to try and complicate things here...whats going on is not complicated it too can be summarized in one word, I don't need a sentence. Blythe.
ReplyDeleteOkay moving on. Some other blogs try to over complicate things with the movement of spot. I try to tell people that watching spot is useless if not counterproductive. Sure it gives you some sort of surety on the investment you just made, but its misleading. With no position limits, we cannot use spot as a true indicator of relative demand, as the supply is artificially increased.
Some of the shit I spew is considered highly conspiracy theory tin foil type, but I'm sure by now, if you have any idea about the markets, especially silver and gold, we are living that conspiracy now...
My blog title is "the decade of EPIC" not "the minute by minute or hour by hour movements of spot"
Decade. Lots of time here. As one of the bears says, "Be patient."
There is nothing I would rather see than a gold standard, however that is the last thing the banking cartel will allow. They will push more fiat from the IMF this time.
ReplyDeleteIf they were to allow a gold standard it would mean a complete collapse. We would welcome it somewhat at least because there would be hope for the future. They on the other hand aren't asking any of are opinions. They are working behind the scene to move the reserve currency out of US dollars and into SDR.,
diarrheaballs? Just because you don't understand something doesn't give you the right to disrespect those that do. Unfortunately, what FOFOA is trying to teach us cannot be simply stated, as you put it...
ReplyDelete"THE BRETTON WOODS SYSTEM WITH PRIVATE GOLD OWNERSHIP AND NO FIXED PRICE"
There's a bit more to it than that. You seem like a fairly intelligent person, but you have no discipline. If you took a little time and tried to understand what FOFOA is saying, you might learn something.
Try this link and try to show a little respect in the future and you might get some in return.
http://flowofvalue.blogspot.com/2011/02/simply-put.html
DDT
@Devin
ReplyDeleteI find it funny that I read the article you linked and my position is still unchanged. I also find it hilarious that the very first comment posted to this article encapsulates my position quite nicely. What am I missing? The elimination of encumbered gold and the manipulation? I was assuming that was a given with the direction of the markets and the way underlying fundamentals are looking these days..but I can tack that onto the end of my one sentence.
What is the difference between an infant and an adult? Is an infant less capable of learning than an adult? Nay, their brains are like sponges. The difference lies in the infants ability to articulate its thoughts/wants/needs in a concise manner...seemingly what FOFOA and this blogger are plagued by. So I guess I will have to remain 'diarrheaballs' in your mind and you will have to remain an intellectual infant in mine.
Good day mental infant.
Haha, I guess I overestimated you. Maybe next time you can shit out some more rhetoric in reply to me.
ReplyDeleteBesides, I don't even know what you're talkin' about with these infants and sponges..
;)
I'm not here to convince you of anything. I just didn't like your lack of respect and attitude in your first post, and I wanted you to know.
Good day, indeed.
DDT
I think some of the FOFOA ideas actually do have some merit - admittedly not the ones in the linked article. If the government decides to reintroduce a gold standard - a huge 'if' as we are all aware - then they need to get the price of gold up, say, to about 15000 US$/oz, without causing too much further consumer price inflation. So they need to lift the price of gold faster than the prices of all other commodities. If they want, it can certainly be done.
ReplyDeleteSo in some sense the biggest threat to the silver story is the reintroduction of a gold (only) standard before the present bullion banking system blows up.
Now you can say you think this is unlikely. Agreed. But everyone should be aware of this possibility.
Victor