G0ldfinger

Most vague reasoning in a long time, it seems: http://nobelpeaceprize.org/en_GB/laureates/laureates-2009/ I mean, come on, he was on no one's radar screen before running for president. What exactly did he get it for? Other laureates seem to have fought decades (or spent time in prison) for a particular cause before they get such a recognition.

George W. also didn't know a thing, but see, he successfully started two new wars... Sorry to be a cynic here, but would it really make much of a difference? Look at the incumbent intellectual, Nobel Peace Prize Laureate, how successful is he?

Look, she is not particularly well educated in an academic sense, but she is not stupid. In fact, she seems to have quite a bit of common sense. Don't forget, Todd (her husband) is behind her, and he is not stupid either. You can watch her 9-piece reality show if you want to get a (scripted) insight into the exciting Palin way of life.

Haven't watched it yet, but you know, George W. and Ronald were idiots too for all that is known.

Here is the Zulauf thread: http://www.greenenergyinvestors.com/index....4&hl=Zulauf His thesis simply is that they WILL monetize your 60T. I think so too. Exception: Palin becomes president.

Oh, yes, we had a huge crash, and it will continue. And we have those huge cycles too. Only make sure you consider all this in the right currency.

http://kingworldnews.com/kingworldnews/KWN...rinflation.html

I'd rather believe in the Zulauf scenario than in the Fed being "overwhelmed" by some mysterious dark force. EDIT: The only real scenario that could create a sharp gold sell-off would be Palin getting elected 2012 and Ron Paul being made Fed governor. I might start an own thread on this scenario (better don't laugh, it MIGHT happen).

A thought I had quite some time ago. I guess Norway or Canada would be some of the best places to live in terms of natural resources etc. But then you don't make such a decision in a vacuum.

Affordibility will always fluctuate, and so will real prices. If interest rates go up from here, there is a good chance that house prices drop considerably in nominal terms. If not, inflation will do it.

THIS is gonna end VERY badly.

Oh man!

This is what banks do: create money out of nothing and end up with real property in the end. "First by inflation, then by deflation..." -- Thomas Jefferson

Bought more for the SIPP.

Sorry for not being PC, but IMO this is borderline retarded.

It was more a correction from $1,310 to $1,360, or wasn't it?

Given that MZM is at an all time high, can you explain this in more detail and how your "sucking of money" leads to higher money supply measures? (Sounds ridiculously counter-intuitive, or doesn't it?) And you must be aware that I am not talking of literal paper notes, but the monetary base. So, what is this here then? Last time I studied the Fed's balance sheet it said "face value". Not "face value after haricut". Can you back this up? (i) What do you mean by "has gone due to refinancing"? (ii) I can't believe that they first create money out of nothing, and then they don't destroy it when it comes back! This is highly inflationary.

I use it. Call me Silverfinger. Obviously, there is so little silver in it that it is totally price inelastic and will be used no matter how high the price.

How is that a replacement if the debt is still outstanding? Makes no sense IMHO. If Deutsche Bank holds an MBS of turd quality and the Fed creates Federal Reserve Notes and buys this MBS off Deutsche Bank at an artificially high price, how can this not increase money supply? It does in itself, but now on top of that DB can increase the money supply even more as they can lever the Fed cash they get by 1:50 or so (whatever the non-existing reserve ratio is...).

In case the shorts start sweating (over at the JPMorgue), here is my recommendation (contains ionised silver):

Hoho. What happened to $17 silver?

Our proprietary stochastic model indicates a 90% probability for a bottom in the interval 2015-2020. More subjectively, I think that the descending parts of the cycle are always the steepest, so 2015 may be a good guess.

The point is that gold is one of the few goods that you can store eternally (won't go bad, won't default). For instance, wheat or oil would possibly also be a good inflation hedge (always on average, of course), but then storing them is a problem. As for stocks, they can default on you, but they're not too bad either on average I suppose. The important thing is to be in the right thing at the right time.

Credit expansion to infinity, but inflation needs to outstrip credit expansion. That's how you get a nice (hyper-)inflationary depression. That's the way they wanna play it, because I don't think any of the central banksters really think that hardship can be avoided (cf. Mervyn King's recent speech). As for inflation, they can only ever err on the upside due to their deflation phobia.

Volume is boring too. http://gold.approximity.com/since1999/LBM_Gold_Turnover.html