alexreeve

I put in a spreadbet about a minute before it popped, trying to bottom fish. Thought it had stopped out but hit the limit in unbelievable time! Was very confused for a few seconds, now very happy.

Don't forget to post when you see it. I hope they do the reduced VAT 1 kg libertads again soon...

They didn't follow Cicero though and the republic collapsed. The followed the populist demagogues and ended up with imperial rome where wealth inequality was probably the greatest ever known by mankind.

History goes back a lot farther than 1997. Since the Norman conquest land in the UK has been unaffordable for the majority of households, for the majority of the time. I see nothing to indicate the (re)consolidation of wealth/power into the hands of a minority is being reversed at present. It may welll be that home ownership becomes more affordable, but maybe history shows that it can remain unaffordable for the masses for many hundreds of years.

Spent all the money on shoes, handbags and nice holidays. Worry about the future when it happens.

Thanks to HPC I, too, sold in 2007. Thanks to GEI, I bought gold (Goldmoney) with the proceeds and have more than doubled up. I am completing tomorrow on a slightly better house mortgage free. My wife still doesn't believe I know what I'm doing though

Do you have any citation for this different classical interpretation? I'm genuinely interested (though very doubtful).

No, they are just two uncorrelated statements. Agreed. Is this a good example?

That isn't an example of an ad hominem (although it is a logical fallacy). Ad hominem is the discrediting of a proposition, not by logically attacking the merit of the proposition but by discrediting the proposer personally. The most common example on this boards is the dis-regarding of propositions by people in the media because they have a (assumed) "vested interest". http://en.wikipedia.org/wiki/Ad_hominem

Presumably this is the result of a short squeeze on the euro because of the sudden liquidity withdrawal by the ecb?

Could you give a single example (not including Wolf's repost of Schaublin's comment from the israel-palestine thread), please? I just looked back through again and I'm still not seeing it.

On an effectively isolated island with only ten apples and a fully implemented banking system and well enforced contract law and the total absence of coersion, the price of an apple in dollars is potentially infinite. This is totally irrelevant to the real world though.

Which are you talking about? I cannot see any that are not (re)posted by Wolf, who seems unable to differentiate between a wariness of a specific banking dynasty and rabid anti-semitism.

The fact of $500 in circulation on the island is completely irrelevant to a maximum theoritical price although potentially significant to a likely price range. You could easily price $700 paid over a number of years, or $500 + some other asset. The price will be somewhere between the maximum anyone is prepared to pay for it, and the minimum anyone who owns one is prepared to sell it for (in the absence of coersion). If there is no overlap the market can be deemed illiquid, it does not imply an infinite price. Assuming the island is effectively isolated, i suppose the maximum price of an apple is the sum total wealth on the island excluding the other apples. It is irrelevant to the real world though because of the assumption of a lack of coersion.

Prechter is a fair target, but Mish is very bullish on gold.

It seems Gold has re-established its inverse correlation with USDX. Has the Euro terror subsided with the unfunded bailout?

Aimless strings of perjorative adjectives? That's got to be a well balanced and insightful exploration of the complexities of money. Why not read something that challenges your preconceptions rather than searching out works you feel will reinforce them? What value will you have gained by reading it, if you know the conclusions and already wholeheartedly agree?

I'll take that back.

It's Friday, it's 3 o'clock... Smackdown!!! EDIT: OK that was weak...

CGNAOs call of £900/toz for this leg up is looking a lot more likely suddenly.

If the supposed CGT changes come in, ie that CGT moves from flat rate of 18%, to being the marginal rate of income tax, has anyone given any thought to what is the best move if you have an STR in GM/BV sitting on a large capital gain. Can you just sell out and rebuy the next day and pay CGT on all capital gains accrued up to this point? Would you need to declare it now, orat the end of the tax year for this to work? Any expert opinion (or pointers of where to look) would be highly appreciated.

Seems kind of appropriate in light of the election. The levellers - Sell out From:

I went to ats to get some Brits this week as well, but security said I had to queue in the lobby because the office was too crowded with customers! I didn't have time on my lunch break and decided to go back next week. Big mistake. Strange that none of the newsletters are talking about how busy dealers are. Maybe it's only in the uk/Europe.

Not just the silver page, no 1oz gold Brits, eagles, maples, krugs or libertads