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It would appear that i was mistaken as to the meaning of the red lettered advisory no longer appearing in my comment box. My previous comment took the same 10 minutes to appear here (no big deal) and never showed up in the Latest Comments section on the main page (my chief complaint). As it took many hours before it received an arrow, i became convinced that my comment was being blocked from everyone else and th...

(17)

9/13/2013 at 3:40 AM

9 Rating :

-7 1 Answer

James Howard Kunstler

i see by the fact that the red lettered advisory in my comment window no longer is present, the moderators have reconsidered their decision and are now willing to accept my contributions on my terms.

To my detractors, let me say that what you find so objectionable with some of my pieces is no different than some of the salty language JHK uses and my put-downs are very much the same as those employed by ...

(17)

9/11/2013 at 10:43 PM

9 Rating :

-8

James Howard Kunstler

Dear Dim Wits,

Thank you for coming out of the shadows at long last. Your reply is appreciated. It would not have been necessary had clicking on the question mark symbol in the indicated space actually worked, but it never has and still does not. Well, that is only partially true. As my average grade has been below the magic mark of 50 for a very long time, i would still have been left to wonder why you...

(17)

9/11/2013 at 7:23 AM

10 Rating :

-8 1 Answer

Another very good, fact based article from Mr. Saville. It very well underscores one of the many criticisms i made when commenting on Jim Willie's latest missive; that contrary to his claim that the banks are not adequately capitalized, they are in fact swimming in cash.

Steve Saville - Speculative Investor

Do Bank Reserves Matter

(1)

9/10/2013 at 5:37 PM

0 Rating :

James Howard Kunstler

The other day i wrote to the dim wits who run this site about their comment policy. Naturally, they ignored me. And so i would like to ask those of you who post comments that i bother to read whether you have noticed the same things that i have. My comment area now comes with an advisory in red, located at the bottom right hand corner stating "Your commentary will be posted in 10 minutes." The advisory has been ...

(17)

9/10/2013 at 1:19 PM

8 Rating :

-5 4 Answers

James Howard Kunstler

Drill, baby, drill is the mantra of the intellectually destitute. It is a position which fails to recognize that actions have consequences, often of the unintended variety. In this particular case, the unintended consequences of fracking would seem to be earthquakes. Take the case of Youngstown, Ohio for example. Before 2011, there had never been a recorded earthquake in the area. Fracking operations got underwa...

(17)

9/10/2013 at 12:27 PM

8 Rating :

-2

Footnotes on Myths, Lies, Deceptions, Millstones

Jim Willie CB - Hat Trick Letter

(9)

There are quite a few problems with this article. Willie starts with the claim "The greatest myth of all is that the USDollar is money." He may not like it and it may not last much longer, but those Federal Reserve notes are money. Anyone not thinking so is utterly delusional. In the future, gold and/or silver may one day be used to represent money again, but for now, they are not. Money is the unit of account. ...

9/8/2013 at 5:31 PM

1 Rating :

Only Physical Gold and Silver Ensure Your Long-Term Financial Viability

Andy Hoffman - Miles Franklin

(1)

" Only PHYSICAL gold and silver ensure your long-term financial viability, which is why I personally made this shift more than two years ago."

So, the extraordinarily brilliant Andy bought in at the top of the market. Great move Andy. And you store "your" precious metals in a vault located in Montreal, thousands of miles from where you live. Another great move. So, when everything is collapsing from foo...

9/6/2013 at 1:52 PM

Dr. Paul Craig Roberts on Syria, World War III, Dollar Collapse and $30,000 Gold

Jason Hamlin - Gold Stock Bull

(13)

Your argument is rather unpersuasive. It matters not a whit that Russian and Chinese goods and raw materials have already been paid for. Let us just look at China. As of the last reporting period, China holds $1.316T in T-bills. Their citizens hold even more. Their own national debt stands at roughly $2.1T. China's official gold holdings are 1,054 tons. If we assume they screw their own citizens and are just int...

9/6/2013 at 7:22 AM

1 Rating :

Surge of soldiers wanting to quit prompts morale concerns - Telegraph

Charleston Voice

(4)

Poor article in that which nation it refers to is left to the imagination. You might think they would have told us that it is the Brits they are referring to.

9/5/2013 at 10:02 PM

5 Rating :

-3 1 Answer

Dr. Paul Craig Roberts on Syria, World War III, Dollar Collapse and $30,000 Gold

Jason Hamlin - Gold Stock Bull

(13)

You make some great points. However, i am not so sure about the dumping of Treasuries being an effective strategy. To be sure, doing so would wreck the balance sheets of China, Russia and Japan and while all 3 are looking to trim the size of their holdings, they all want to do so in as orderly a manner as possible. After all, the goal is to destroy America without returning your own country to the middle ages. S...

9/5/2013 at 9:49 PM

3 Rating :

0 1 Answer

Why Is the US Destabilizing One Country After Another

Michael S. Rozeff - Lew Rockwell

(6)

Amen to that brother Woody.

9/4/2013 at 11:36 PM

5 Rating :

-1

Warmongers Unite (As They Always Do); Boehner Caves In, Backs War; McCain Caught Playing iPhone Poke

Mish - Global Economic Analysis

(5)

As you have made this mistake before, let me inform you that the man's surname is Sunstein, not Susstein. From what i know of his work, it seems rather a far stretch to imagine that a simple down arrow is the mark of his work. He proposed that opposing positions be argued, not down arrows given. Down arrows on their own accomplish nothing in terms of moving the dialogue in a different direction. His idea--and th...

9/4/2013 at 11:33 PM

8 Rating :

-6 2 Answers

Dr. Paul Craig Roberts on Syria, World War III, Dollar Collapse and $30,000 Gold

Jason Hamlin - Gold Stock Bull

(13)

"Even if Assad did use chemical weapons, he did not use them against his own people. He used them against terrorists attacking his country that are not Syrian."

Unless one wishes to claim that 5, 6 and 7 year old children are terrorists from outside the country, that is a contemptible assertion.

9/4/2013 at 4:41 PM

5 Rating :

-3 1 Answer

The Most Important Article I’ve Ever Written

Andy Hoffman - Miles Franklin

(8)

Again, tons of factual errors from the bought and paid for Andy.

Fire the bum! He is worse than useless. He does real harm to the gold community with his unsubstantiated allegations, misreporting of facts and idiotic attempts at self-aggrandizement. The twit can't even read a simple chart.

His most important column will be the one telling us that he has been fired for gross incompetence.

9/3/2013 at 10:58 PM

0 Rating :

Gold Gained Back All Its Losses and Silver Rocketed Higher

Andy Hoffman - Miles Franklin

(2)

More factual errors by the bought and paid for Andy:

1) "the Rupee is collapsing to a new ALL-TIME LOW"
That is false and Andy should know better. He correctly reported only last week that the rupee was at 68.5 to the dollar and today it sits at 67.5.

2) "an absolutely moronic government proposal surfaced regarding a misguided hope of purchasing sacred gold relics from Hindu temples – for r...

9/3/2013 at 10:37 PM

2 Rating :

-1

A very good article in all respects but one. Mr. Saville failed to note that there are actually 2 types of bank reserves. There is the one he mentioned, those that banks are required to keep with the central bank. But there is also what is called excess reserves and those can be accessed at a moments notice. Were the Fed to stop paying interest on the excess reserves, they would quickly find their way into the e...

Steve Saville - Speculative Investor

Monetary-Base Confusion

(1)

9/3/2013 at 7:16 PM

0 Rating :

Between a Rock and a Laugh Track

James howard Kunstler

(32)

On Aug. 13th of this year in response to another of Jim's comments you posted: "You'll get no more response from me, you are not worth it.... Good bye ignorant little man."

i will not state what your multiple failures to keep your word say about you, for i am a decent person. But be assured, it is not anything you would want your daughter to hear. So please keep your word. Your comments without excepti...

9/3/2013 at 6:47 AM

7 Rating :

-3 4 Answers

Physical Gold and Silver Are Safe Havens

Andy Hoffman - Miles Franklin

(2)

What a mindless ditz our Andy is. Gold had risen some $250 from its low of $1,180 in June. It was time for a pullback. That is how all healthy markets work. Nothing goes only straight up or down. Anyone who tells you otherwise don't know shit from Shinola. Andy may know the difference, but he is a bought and paid for voice. You should read his "work" as i do, for its ability to provide comic relief and nothing e...

9/2/2013 at 2:00 PM

The Chinese and Russians Know Exactly What We’re Doing!

Andy Hoffman - Miles Franklin

(14)

Not to take sides, but maybe there is something to what the family member is saying. After all, you are not limited to buying in the U.K. You could buy a condo or 2 in a depressed market like Florida, rent them out and later sell when the market recovers. Housing, being near its bottom, should have considerable upside potential and there is nothing wrong with making 1-2,000 quid a month on your investment in ren...

9/2/2013 at 1:25 PM

1 Rating :

-1

Carney inspires gold investment

Jan Skoyles Real Asset Co - The Real Asset Co

(5)

"But when it comes to gold and silver allocated bullion, the decision is all yours."

Yeah lady, and pigs fly. But i guess that you feel compelled to give us such gawd-awful advice because the place you pimp for wants to store our bullion for us.

9/2/2013 at 1:03 PM

There are many competing issues at play here and there would not seem to be a single answer that will satisfy all of them. At the centre of the current situation is Syria and all it represents. There are those who look at it through the lens of morality, others through the prism of its geographically strategic location and others still through one that focuses upon what the American response will say about Ameri...

Clive Maund

Syria and the Grand Plan

(26)

9/1/2013 at 4:48 AM

2 Rating :

Bond Vigilantes Hold Upper Hand Over Central Banks

Gary Dorsch - SirChartsAlot

(1)

Another great article from Gary Dorsch. As always, he looks at what is happening in multiple markets and the light he shines on them is a multiple of times more illuminating than anything else found on this site. If you pay attention to what he says in his work, cutting through the noise generated by others, you will understand what is actually happening and you will have a better chance than most of anticipatin...

8/30/2013 at 8:04 AM

Indian Rupee Gold Has Now Risen To Its All-Time High

Andy Hoffman - Miles Franklin

(4)

"My head is literally going to explode...."

You must mean implode, for nature abhors a vacuum.

8/29/2013 at 3:44 PM

4 Rating :

-4 1 Answer

i took your advice and looked into the ACL. What i came up with was rather disappointing. There was no end to the things that they are against, but there was no statement of what they stand for, though that could be inferred from what they are against.

The entire gist of it would appear to be that they are against Agenda 21, a non-binding U.N. action plan to promote sustainable growth. It would seem to...

Chris Martenson

The Periphery is Failing

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8/29/2013 at 12:30 PM

0 Rating :

A very good article by Dr. Martenson who understands what i have been saying for years; America will not crumble until Europe and Japan have done so. The core economy is always the last one to fall. It is a most important principle to understand when trying to anticipate where capital will be moving to next.

Chris Martenson

The Periphery is Failing

(6)

8/28/2013 at 11:14 PM

0 Rating :

Beware: Ex Military Soldier’s Survival Plan Is “To Hit Preppers”

Mac Slavo - ShtfPlan

(4)

http://www.youtube.com/watch?v=u1T6l70XlqU

Thanks to vox kadavergehorsamkeit from vox kadavergehorsamkeit

8/28/2013 at 9:43 PM

6 Rating :

-6 1 Answer

Middle of the Road in Healthcare Leads to Socialism

Ron Paul

(12)

While i accept your point about diet and exercise contributing to the comparatively poor life expectancy of Americans when compared to Kiwis, it may not be quite so true if we consider Brits, who never met a vegetable they liked and are not well known for their active life styles. Be that as it may, your line of reasoning says nothing about the significantly higher costs of the American for profit system. So, ev...

8/26/2013 at 11:42 PM

0 Rating :

1 2 Answers

Middle of the Road in Healthcare Leads to Socialism

Ron Paul

(12)

If having good pictures taken of one's knee were the only criteria to judge such things by, America would be a shining example for the rest of the world. Sadly, that is not the case. A health care system that sees its citizens living longer implies that critical diagnostic tests are being performed in a timely fashion, otherwise the citizens of nations with socialized medicine would be dropping like flies. But t...

8/26/2013 at 10:21 PM

1 Answer

Andy mistakenly reported that Obama will not be attending the upcoming G20 meeting in Russia. He will be there. What he cancelled was the private meeting he had scheduled with V. Putin. That is a significant difference and one he should have been aware of. But hey, for Andy, a column with only 1 factual error is a major improvement.

Andy Hoffman - Miles Franklin

A Tale of Two Conferences

(2)

8/26/2013 at 3:10 PM

2 Rating :

-1

Let us examine the 3 listed conflicts of interest that Mr. Sutton claims the Fed has, remembering that it is a private bank whose primary objective is to increase shareholder value.

" 1) The federal reserve makes money vis a vis interest payments on the USGovt debt it holds, yet it has been allowed to have a huge influence over interest rates at both the short and long ends of the yield curve. So it ca...

Andy Sutton

Welcome to Club Fed

(5)

8/26/2013 at 1:57 PM

Middle of the Road in Healthcare Leads to Socialism

Ron Paul

(12)

Dr. Paul reveals with this article the perils inherent in being an ideologue. He advocates for health care based on a free market system. He sees the need for health insurance, but does not want the government involved. It is a position totally in keeping with Libertarian philosophy. However, to proclaim it, one must remain ignorant of health care systems in every other western nation (including Japan). If resul...

8/26/2013 at 7:26 AM

3 Rating :

-1 1 Answer

Research: Gold Acts As A Safe Haven Against USD And GBP

Mark O'Byrne - gold.ie

By and large i agree with your comment. But it does contain a particular notion that you have noted on several occasions which does not seem to fit the facts. You have asserted that "There is no such thing as a herd of predators...." If we do not get hung up on the word ''herd'' and merely think of a group of animals working together, then nature provides us with many examples of predatory animals doing just tha...

8/25/2013 at 1:37 PM

2 Rating :

-1

"JP Morgan is no longer an independent entity; but instead, a “quasi-government agency” – as ominously, Fannie Mae and Freddie Mac were deemed before being nationalized in 2008..."
Fannie and Freddie were from day 1 government agencies, created by FDR.

"It {JPM} secretly owns part of the Fed..."
Andy knows this because Jamie Dimon told him. i know this because Jamie told me he told Andy.

Andy Hoffman - Miles Franklin

The JP Morgan Mystery

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8/22/2013 at 12:34 PM

5 Rating :

-5

The Great Rotation : A Trap

Philippe Herlin - GoldBroker

(2)

M. Herlin does not seem to understand that economic recovery is not required for the stock market to go up. All that is required is the perception that the bond market is collapsing. Strong inflation will also do the trick. Has he never read any economic history?

8/20/2013 at 7:57 PM

2 Rating :

-1

The Implosion of Net Worth, and Race for Capital Preservation

Andy Hoffman - Miles Franklin

(7)

"In real terms, stocks haven’t increased all that much since I graduated college in 1992..."

Indeed, the DJIA has only risen from 3,000 to a tad over 15,000 in that time. Whereas gold has preformed brilliantly over that same stretch, rising from $350 to a bit under $1,400 today. (For those of you unfamiliar with it, i was using my sarcasm font.)

The situation in Venezuela is completely by the b...

8/20/2013 at 7:24 PM

5 Rating :

-4

There is one salient fact missed by the author that makes his talk of hyperinflation in America seem extremely far fetched and it is that never in the entire history of the world has there ever been hyperinflation in a core economy with a functioning bond market. Never. Not even once....As for the assertion that the government does not even have it on its radar, i believe he is quite mistaken. It is well underst...

FOFOA - FoFOA

My Candid View – Part 1

(2)

8/16/2013 at 4:34 PM

6 Rating :

-3 1 Answer

Is Selling Bonds the Taste of Things to Come

Mish - Global Economic Analysis

(2)

All in all, this was actually a pretty good article by Mish. What made it so is that it speaks of a developing trend in where money is not staying. As you know, i am a big proponent of following the money. i believe that what we are witnessing is the beginning of what will be a great rotation of money out of government paper as folks begin to realize that Bernanke cannot control the interest rate curve.

8/16/2013 at 2:00 PM

5 Rating :

-5

This must surely be one of the most poorly thought out articles to ever grace this site. It is filled with false assumptions and internal contradictions. Let me just point out 2 of the latter and then i will get on with my day.

HSP starts by giving us his definition of what a fiat currency is: " What is a fiat currency? It is a fictitious currency foisted and forced upon people by a government edict." I...

Hugo Salinas Price - Plata.com

Bitcoins for the Kiddies

(7)

8/14/2013 at 8:46 PM

2 Rating :

-1 1 Answer

Jim C's. latest deleted comment:

Apparently certain individuals don't like to have their favorites critiqued and automatically hit the 'abuse button.'

If Admin doesn't take the time to curb the abuse of the 'abuse button' then anything and everything might and will be so tagged.

Once again, Ron Paul is no friend of America. It is a fact, not opinion, that he accused American of being ...

Ron Paul

Why Are We At War in Yemen

(29)

8/13/2013 at 6:20 AM

12 Rating :

-10 4 Answers

Jim, i read your comment that got pulled. i did not agree with your point of view and kind of wondered where you got it into your head that Paul would nuke those who would attack America after his non-interventionist policy comes into effect. That being said, there was nothing in your comment that violated the comment policy and it most certainly should not have been yanked. i had the same thing happen to a comm...

Ron Paul

Why Are We At War in Yemen

(29)

8/13/2013 at 5:54 AM

9 Rating :

-8 2 Answers

History of Silver

Thanks for your thoughtful response. i will not quibble with some of the claims raised, such as trade going on with China before Marco Polo or whether the Dark Ages ended with the rise of feudalism or at the dawn of the Age of Enlightenment. The salient points to our discussion are that there was a period (190 years) at the start of the Dark Ages when money was not used and from the article referenced, a period ...

(9)

8/12/2013 at 10:41 PM

6 Rating :

-6 1 Answer

History of Silver

Thanks for your response. Let me deal with a few of the points that you raised: "You're saying that commodity-based currencies are doomed to failure due to the very real possibility of supply/demand dynamics. I say that paper money fails due to human miss-management and greed." You are almost completely correct. Commodity based currencies are also subject to massive fluctuations in value due to government misman...

(9)

8/12/2013 at 8:49 AM

7 Rating :

-7 1 Answer

History of Silver

"I'm just a soul whose intentions are good.....please don't let me be misunderstood."--Eric Burdon
_______________________________________________________________________________________________________________

It is rather amusing that you would have confused my 3 simple lines for arrogance. Merriam-Webster defines it as, "an attitude of superiority manifested in an overbearing manner or in presump...

(9)

8/11/2013 at 2:22 PM

7 Rating :

-7 2 Answers

French Egg Producers Smash 300,000 Eggs and Demand Government Action to Raise Prices

Mish - Global Economic Analysis

(7)

i am reminded of a quote by Real Couette: "The farmer gets up at 3 in the morning to milk his cows. The banker gets up at 9:00 to milk the farmer." Of course, you may want to substitute the word bureaucrat for banker to bring matters up to date, but there is a good deal of truth to it nevertheless.

Comparatively speaking, the egg farmers may have gotten off easily. In order to gain acceptance into the E...

8/10/2013 at 10:04 PM

4 Rating :

-2 1 Answer

History of Silver

This speech amply demonstrates what i have pointed out many times before: gold and silver make for very poor money precisely because unlike paper, with virtually no intrinsic value, they fluctuate in value, sometimes quite radically. Those who ignore history, or at best gloss over it, by advocating for a return to a gold standard, would have us repeat the mistakes from the past. Shame on them.

(9)

8/9/2013 at 12:26 AM

9 Rating :

-8 2 Answers

Currency Markets: The Next Crisis Has Begun

Toby Connor - Gold Scents

(2)

The dollar did not break through the 80.40 handle as asserted in this piece. It began the day at 81.60 and has slipped to 81.27 as this is being written.

While Mr. Connor may be correct about the dollar slipping all the way down to 72 on its index by November of this year, i just do not see it happening. My expectation is that we will see the dollar in the vicinity of 84 at that time. It will do so as ...

8/7/2013 at 10:50 PM

Libor, Euribor, ISDAfix, Energy Prices, Gold Spot Prices... What If All Prices Were Manipulated

Philippe Herlin - GoldBroker

(3)

Not to appear Mac Slavo paranoid or anything, but are you not at all concerned that your very friendly (and overly curious) uncle-- you know, the one whose likeness is found on many recruiting posters-- may show an unnatural level of curiosity in certain parts of some of your posts? i understand he has spared no expense in building a place out in Utah to preserve every detail of your life. (He must love you very...

7/27/2013 at 1:01 PM

1 Rating :

-1

The One Personality Trait that All Gold Silver Investors Need to be Profitable

JS KIM - Smart Knowledge U

(18)

It can only be assumed that 24h gold has seen fit to republish this piece by Mr. Kim to showcase what a witless wonder the man is.

The man called major bottoms in both gold and silver a year ago. Each has crashed a further 25-30%.

He told us that as investors, we need to be patient. Sorry, but as an investor, i want my investments to start paying off today, not at some hypothetical future poin...

7/25/2013 at 6:23 PM

8 Rating :

-4 1 Answer

About that Austerity in Spain: There Isn't Any

Mish - Global Economic Analysis

This would have been a far better article had Mish not displayed his ignorance of Keynesian economics at the end. Keynes advocated for a 3 pronged approach to battling depressions. The first part was to reduce interest rates, for it was felt that doing so would stimulate business investment. The second part was to have government increase its spending, primarily through infrastructure projects. And the third par...

7/23/2013 at 10:57 PM

4 Rating :

-2

Nothing Can Stop It: “An Economic Collapse that is Going to be Worse than 1929 *Video*

Mac Slavo - ShtfPlan

(3)

It is a very good interview and Denninger makes some excellent points. That being said, there was one shortcoming in his reasoning that came close to the end of the interview wherein he stated that the Fed has been increasing the credit/money supply by 6 1/2% annually, yet GDP has only been increasing by 2%, meaning that the economy is in fact declining by 4 1/2%. While there is nothing wrong with his math, ther...

7/18/2013 at 9:48 PM

0 Rating :

2 1 Answer

12 astonishing things about gold

Perth Mint Blog

(19)

To your claim that interest rates were stable and low under a gold standard, the historical chart featured in the provided link should serve to disabuse you of that particular notion. http://www.ritholtz.com/blog/wp-content/uploads/2012/01/Long-Term.png

7/17/2013 at 11:12 PM

6 Rating :

-4

12 astonishing things about gold

Perth Mint Blog

(19)

Greetings Dom,

Let me attempt to reassure you that i have never set out to make gold seem less special than it is. More accurately could some of my posts be characterized as attempts to have others not have an inflated notion of the specialness of gold. Leaving aside the fact that specialness is probably a very poor choice of words when discussing inanimate objects, allow me to explain what i mean. What...

7/17/2013 at 12:04 PM

6 Rating :

-3 2 Answers

12 astonishing things about gold

Perth Mint Blog

(19)

3 pools, not 1.

Estimate for oceans taken from Wikipedia and is way off. Most conservative (and reliable) estimate comes from NOAA and is 20 million tons. Some put the number as high as 3 billion tons.

7/16/2013 at 7:50 PM

4 Rating :

-1 2 Answers

"China Urbanization Growth Fallacy"; Trouble with Ponzi Schemes; Stopped Clock Syndrome; Wrong vs. E

Mish - Global Economic Analysis

(1)

All but this one sentence from your comment would i readily agree with; "So time-dependent predictions are pretty worthless." While they may be pretty worthless, a prediction without a time component attached to it is entirely without value. Without it there is no conceivable way to determine its veracity, or lack thereof, until and unless it comes to pass. But until that moment, should it ever come, it can alwa...

7/16/2013 at 9:23 AM

1 Rating :

-1

Tom DiLorenzo - lewRockwell

Thank you for your lengthy response. Let me respond to this by dealing with your central theme and if time permits, i shall touch on some of the peripheral matters raised in your post. If properly understood, your assertion would be that my case against Hart for being what he has defined as a troll is rather weak.

Let us examine why you think so. Your first defence of Hart's was "The three members you c...

(22)

7/12/2013 at 1:27 AM

7 Rating :

-5 5 Answers

Tom DiLorenzo - lewRockwell

Part 1

Hart.

Got home to find 4 pieces of junk email. They were all from 24h gold alerting me that a response had been made to one of my comments and not to my surprise, they all came from you. Well, 3 of them did and 1 was from Verboten. That is officially speaking. But I shall have more to say about that in a moment.

i considered whether or not to respond to your barrage of criticis...

(22)

7/11/2013 at 1:56 PM

8 Rating :

-4 3 Answers

Tom DiLorenzo - lewRockwell

Part 2

Let me take it yet one more step. In a post made some time ago using the name this response is addressed to, you claimed that your grandparents had come to Canada from Germany. Is it just a coincidence that your other 2 go by German monikers? Could be. But it could be another tell.

Let me finally focus on the most compelling evidence of all. It is the forensic evidence you have unwitting...

(22)

7/11/2013 at 1:56 PM

6 Rating :

-2 5 Answers

Tom DiLorenzo - lewRockwell

Some US history does, yes. This article and many others just like it by the same author do not. The word bank is not used even once, or had you failed to notice? These DiLorenzo pieces have no more business being posted here than the terribly misplaced articles on Verdi. They cast not a single lumen on this or any other site appropriate subject matter. Not a one. The sole objective of the site administrators in ...

(22)

7/9/2013 at 6:06 PM

9 Rating :

-5 4 Answers

Tom DiLorenzo - lewRockwell

FIRE THE SITE ADMINISTRATORS!

We are cursed with the idiots running this site. They do not give a shit about keeping this site devoted to precious metals and those matters closely related. They regularly allow articles to be posted that have absolutely nothing whats...

(22)

7/9/2013 at 9:38 AM

12 Rating :

-8 2 Answers

Stand and Deliver: How Germany Disrupted the World's Gold Market

Jesse - Le Café Américain

(15)

Ah, my dear Verboten, how sad i was made by your post. It seems that your senile dementia is progressing.

Please allow me to refresh your failing memory. i would have never made the claim to residing in the US, for i never have done more than visit and i have always found it easier to stick to the truth. The story you recall is a garbled version of what you actually read. i very purposely did not place...

7/7/2013 at 10:06 AM

6 Rating :

-6 1 Answer

Stand and Deliver: How Germany Disrupted the World's Gold Market

Jesse - Le Café Américain

(15)

Your pithy response revealed more about yourself then i managed to convey about myself to you in my post. For example, you would appear to be someone who is very comfortable making assumptions. Just why you felt confident to assume that my mall is in the US is rather a mystery. i have never said where i live and if you were really paying attention, you might have noticed that i tend to use British, not American ...

7/7/2013 at 6:25 AM

5 Rating :

-5 2 Answers

Stand and Deliver: How Germany Disrupted the World's Gold Market

Jesse - Le Café Américain

(15)

There are a number of problems with this article. First is the unfounded assertion that the NY Fed told the Germans that they would have to wait until 2020 to get 300 of the almost 2,500 tons of gold being held for them returned to their custody. The request to have the repatriation completed by 2020 came from Germany. There is no hard evidence that the Fed told the Germans that they would have to wait that long...

7/6/2013 at 10:19 PM

10 Rating :

-10 2 Answers

20 Years From Now: Gold @ $12,000 Silver @ $1,000 – ...

Willem Weytjens - Profitimes

(8)

What the author has neglected to tell us is that Marty has said that if you believe that gold will rise in isolation, then you are too stupid for words. And he is correct on that score.

That aside, only the most lame brained of the idiot class will put any stock in a price prediction that looks so far into the future. As for those that make such predictions, they can only hope that one fine day, their i...

7/4/2013 at 11:12 PM

8 Rating :

-6 1 Answer

Somebody is terrified of gold's likely message, Grandich tells Bull Market Thinking

Chris Powell - GATA

(5)

Thanks for your response. You got many things right. Most sadly, you were correct about my age.

There is more than just debt deflation going on. Both gold and bonds have been heading lower and they are both asset classes. Folks are not only getting out of certain assets to cover their asses elsewhere, some folks just see the wisdom of being in cash at times such as these. And some folks operate with the...

6/28/2013 at 4:39 AM

5 Rating :

-4

Somebody is terrified of gold's likely message, Grandich tells Bull Market Thinking

Chris Powell - GATA

(5)

Grandich has no clue of what is going on and why. His vision is restricted because he is only looking at the gold market. Is he unaware that zinc, copper, lead and a host of other commodities (to say nothing about bonds) have also been going down quite dramatically? His talk about manipulation is largely nonsense. Does he not understand that this is perfectly normal when deflationary times set in?

The ...

6/27/2013 at 10:13 PM

6 Rating :

-5 1 Answer

Poor Andy. He cannot even read a simple chart. The Jan. 25, 2011 "attack" began at 1:45 p.m. and took gold down all of $4. The Jan. 27, 2011 "attack" began at about 2:10 p.m. and took $8 off the price. The June 10, 2013 "attack" actually saw gold rise some $2 beginning at 2:00 p.m. only to lose the same $2 by the close. Moving along, on June 11, 2013 gold again went up a few bucks at 2:00 and remained steady thr...

Andy Hoffman - Miles Franklin

Crybaby Attack

(4)

6/27/2013 at 5:08 PM

6 Rating :

-4 1 Answer

Embry expects overnight transformation of monetary system with gold revalued

Chris Powell - GATA

With regard your assertion that in a deflationary collapse, "nobody will accept this funny money," nothing could be further from the truth. Never in the entire history of the world has deflation led to the currency becoming worthless. Quite the opposite is actually the case. The currency appreciates in value. We need only look at what has taken place in Japan since 1990. Back then it took about 160 yen to purcha...

6/26/2013 at 10:14 PM

1 Rating :

-1

Hugo Salinas Price - Plata.com

Part 1

As there have been quite a number of responses since last writing, my intention is to deal with some of what are viewed to be the more serious concerns raised by those of you good enough to have left more than a down arrow in your wake. Should there be both the time and energy left, an...

(19)

6/20/2013 at 11:53 PM

1 Rating :

-1

Hugo Salinas Price - Plata.com

Part 2

Let us agree that the most desirable qualities that money should possess are that it should be easily divisible, that it be accepted everywhere as final payment for all goods, services and debt, that it can be used as the unit of account in all matters and that within a very tight ban...

(19)

6/20/2013 at 11:52 PM

1 Rating :

-1

Hugo Salinas Price - Plata.com

If you would go back and read what i have already posted on this page, you would have the answer to your question. A more detailed account of my reasoning may be found in my response to the last article published by the aforementioned Nathan Lewis on gold (not cowboy movies). If truly interested, go back and read it.

You have made the mistake of confusing my belief that gold has further to fall at this ...

(19)

6/18/2013 at 5:49 PM

5 Rating :

-4 1 Answer

Hugo Salinas Price - Plata.com

i have already answered your question. Just read my post. But you have not answered mine.

i have no problem whatsoever with people valuing precious metals and do so myself. Precious metals are a hedge against government and given how enormously irresponsible governments have become in being good stewards of our money, now is the time to own them. No question about it.
That being said, many differen...

(19)

6/18/2013 at 4:32 PM

6 Rating :

-5 2 Answers

Hugo Salinas Price - Plata.com

While in general agreement with the gist of your post, there are a couple of points worth making. With regard your statement "Statistics as a tool is worthless for science, but integral to philosophy"; it would have been more accurate had you inserted the word "classical" in front of science. Since the advent of quantum mechanics, it has been necessary to employ statistical methodology when making predictions ab...

(19)

6/18/2013 at 4:16 PM

5 Rating :

-4 1 Answer

Hugo Salinas Price - Plata.com

"But that is precisely why gold is good at being money, it places a constraint on misuse that is not easy to overcome."

It has always been easy as pie to overcome. You cannot point to even a single example passim recorded history when it was not overcome.

"As for failures... yes gold has "dropped the ball" once or twice in human history...."

No Dom, gold has proved a failure each and ...

(19)

6/18/2013 at 9:59 AM

6 Rating :

-6 2 Answers

Hugo Salinas Price - Plata.com

"The science of Economics cannot develop and cannot possibly be of use to humanity, unless it takes as its starting point the fact that gold is money and the center of the economic universe."

This is no more fact than is the statement that Mickey Mouse is God incarnate. Utter pygmy twaddle!!!

HSP is out of his flippin' mind. He has ignored thousands of years of history with its myriad examples...

(19)

6/18/2013 at 5:15 AM

8 Rating :

-8 1 Answer

"Reinstatement of the Dollar: a Blueprint" (Arthur Laffer, 1980)

Nathan Lewis - New World Economics

(3)

It is rather surprising that you do not see the clear lessons history has provided. For the sake of argument, let us say that you are correct regarding just how seamlessly Spain was able to adapt to the huge influx of precious metals into the system during the reign of Phillip II. Your points regarding the US demonetization of silver--if i understand them properly-- do not hold up under close scrutiny. While the...

6/13/2013 at 11:23 PM

5 Rating :

-4

"Reinstatement of the Dollar: a Blueprint" (Arthur Laffer, 1980)

Nathan Lewis - New World Economics

(3)

It seems to me that history is actually pretty clear regarding cases where precious metals have lost their value. The instance cited by Dom is one such example. Yes, it is true that the results of the transfer of gold and silver to Spain from South America and Mexico did not take place all at once, but it is also quite true that during the reign of Phillip II, inflation rose by 500%. While not the sole reason th...

6/13/2013 at 1:13 PM

4 Rating :

-3

Is Japan Heading for Another Lost Decade

Frank Shostak

(3)

Yeah, or perhaps it had something to do with the yen nearly tripling in value from the late '80s, hurting their ability to keep their exports competitively priced.

Shostak has changed his bio. He no longer wants us to know that he was the chief economist for MF Global. His moronic decision to invest in Greek debt using the money of the firm's clients led to billions in losses for those clients. Shostak ...

6/12/2013 at 8:08 PM

1 Rating :

1 1 Answer

France Prohibits Sending Currency, “Coins And Precious Metals” By Mail

Mark O'Byrne - gold.ie

(8)

While not quite certain where, i am positive that i have read word for word large portions--perhaps all--of the section on France elsewhere. If forced to guess, i would say on Armstrong's blog.

6/11/2013 at 5:20 PM

2 Rating :

-2

Lewis is masterful at revising history to fit his narrative. The entire piece is chock-a-block full of inaccuracies. Let us just take a brief look at his delusional explanation of why Nixon ended the gold standard. According to Lewis, Nixon did it because he wanted to get re-elected. Well sure, all politicians want to get re-elected. But doing away with the gold standard 2 1/2 months before the election would no...

Nathan Lewis - New World Economics

"The Gold Standard

(1)

6/11/2013 at 3:10 PM

2 Rating :

-2

Don’t Dismiss the Possibility of Gold Confiscation

Jeff Thomas - Casey Reseach

(12)

While you are perfectly free to disagree with me, your reasoning lacks a certain clarity. You are quite correct about inflation insofar as it diminishes the purchasing power of whatever cash you hold. But that has not helped to enrich the government in any conceivable fashion. It is not like the purchasing power you lose goes into their pocket. One can only make that claim if the dollar was depreciating against ...

6/10/2013 at 9:25 PM

2 Rating :

-1

Don’t Dismiss the Possibility of Gold Confiscation

Jeff Thomas - Casey Reseach

(12)

Dec. 31, 1974 is the answer to your question.

It is rather far-fetched to believe that the US will again confiscate gold. In '33 when FDR did it, gold was the backing for the dollar. It has not been backed by gold for nearly 42 years. Nor would the Americans ever voluntarily choose to have a gold backed dollar again. That would be economic suicide on a grand scale. If America could get their hands on 20...

6/10/2013 at 10:15 AM

7 Rating :

-6 1 Answer

DHS Source Warns: “World War About to Break Out… Will Kill Millions of People”

Mac Slavo - ShtfPlan

(30)

More hysterical babbling from my favourite Preparation H abuser. While decency prevents me from telling you what has poor Mac's belly so grotesquely distended, let me just say that an enema might cure what ails him.

6/10/2013 at 9:05 AM

14 Rating :

-14

Financial Insider: “We Are Moving Into the Last Stages Before An All Out Collapse”

Mac Slavo - ShtfPlan

(7)

"The Fed over here has ordered – and I want everybody to listen because this is insider information – the Fed has ordered the U.S. pension funds to begin to acquire U.S. debt."

Pure unadulterated bovine manure. The Fed cannot order that. They lack the authority to do so. Mac has been overdosing on the Preparation H again.

6/9/2013 at 3:49 PM

4 Rating :

-4

It looks like this article got lost on its way to being posted on the DEAD COMPOSERS I COULD CARE LESS ABOUT web site. Someone should call the lost and found department. While at it, we should take up a collection for the web master to send him or her for a PET scan of their cranial cavity. I am not sure if something is growing in there that should not be, or if it has always been empty.... Buddy, wake up! Do yo...

Peter McKenzie-Brown - Language Instinct

Verdi: A Towering Genius

(2)

6/9/2013 at 3:36 PM

1 Rating :

-1

What i look at most closely is capital flows. This past week seemed quite instructive with regard the price action in gold that we are likely to experience over the intermediate term. The action on Thursday and Friday illustrate what i mean. On Thursday the US dollar was down sharply. Gold saw a modest gain of $10. On Friday the dollar was up marginally. Gold tanked, losing nearly $30. To me that is saying that ...

Adam Hamilton - Zealllc

Contrary Gold Futures 3

(2)

6/9/2013 at 3:02 PM

'Dangerous Divergences' Between Bonds and Stocks

Gary Dorsch - SirChartsAlot

(6)

Best article to appear on this site in a long time!

6/5/2013 at 7:51 PM

The Great Silver Mystery (...and the greatest secret of all time!)

Treasures and Gold Fever - Bix Weir

(21)

Weir has spun a fanciful tale. He spoke of the need of the PTB to suppress the price of silver dating back to the mid '90s. "From1995-1998 approximately 10,000 additional tons of US silver was exported to the UK to suppress the physical silver market on the LME." However, there was no need to suppress its price, as it remained remarkably stable for the entire 8 year period commencing in 1994. In the last few yea...

6/5/2013 at 9:28 AM

3 Rating :

-2

Gold market report: Abenomics coming undone

Alasdair Macleod - Finance and Eco.

(1)

PETTY PEEVES of the PERPETUALLY PERTURBED

So, let us see, when gold goes up, it is as it should be. But when it goes down, it is because of some conspiracy. Sorry, but that is pure rubbish. Gold is going down because the American dollar is going up. Let us face it, the Fed is utterly inept. They have been doing what...

6/3/2013 at 7:37 AM

5 Rating :

-5

The Longer Term Fundamentals of the Gold Market As They Are Today

Jesse - Le Café Américain

In response to your question, i believe gold has further to fall. As stated at the end of March in response to a comment from Dom 1971, i predicted that gold was likely to fall to $1,200 the ounce from where it then was ($1,600). i also stated that the $400 drop would occur by the end of September at the latest. Nothing has thus far occurred to make me think that my prediction was off.....The best thing about my...

6/3/2013 at 5:58 AM

5 Rating :

-3

They’re Going To Attempt This One Way or Another: Will You Send Your Sons and Daughters

Mac Slavo - ShtfPlan

(5)

This article by Slavo sounds like the paranoid delusions of someone who has overdosed on Preparation H. NEWS FLASH: WWIII has already been fought and China won. America is bankrupt and cannot even afford to engage in regional conflicts, much less a global war. Should America attempt anything of the kind, China could end it very quickly by dumping their massive holding of Treasuries. Or they could simply stop shi...

6/2/2013 at 6:09 PM

5 Rating :

-3

DiLorenzo's article would make a whole lot more sense if only Keynesian economics were actually being followed somewhere.... anywhere. But it is not. Yes, Keynes advocated for easy money in times such as these, it is true. However, this policy was to be accompanied by a lowering of taxes. Anybody hear of taxes going down anywhere?.... I have no idea what name the current economic practice goes under, but most as...

Tom DiLorenzo - lewRockwell

Club Fed

(11)

5/29/2013 at 9:30 PM

3 Rating :

-3

Golden Age Comes To Mankind Only After They Have Re-Discovered Gold’s Value

Aubie Baltin

(5)

Just so much more wishful thinking from the man who told us on April 1st that gold was set up for a monster rally.

Long term he is right. But there is virtually no chance of his prediction of $2400 gold for this year coming to pass.

5/29/2013 at 1:03 PM

3 Rating :

-3

Hyperinflation or Hyperdeflation

Antal E. Fekete - Gold University

(10)

Nice to see it was not 300 and done.

Your assertion may be accurate. Certainly for a time it should prove true. What remains to be seen is just how severely society gets shaken by the collapse of many, perhaps all of the debt instruments, backing the major currencies we know and distrust. Certainly it will be cause for drastic changes. There would seem to be a number of possible outcomes and much would ...

5/28/2013 at 3:19 PM

2 Rating :

-2

My Challenge To “Whistleblower” Andrew Maguire

Dan Dontrose - The Fundamental View

(20)

How very sad. You would seem to be a most confused true believer.

Let us strip away all the extraneous matter littering your position and examine the truth of the claim that YTD profits per gold contract have been $98K. The multiple trades in and out part has nothing whatsoever to do with how any particular contract performed. The cost of the contract is completely immaterial to the question under exami...

5/25/2013 at 6:51 AM

6 Rating :

-6 1 Answer

My Challenge To “Whistleblower” Andrew Maguire

Dan Dontrose - The Fundamental View

(20)

Not only do i well understand what i read, i can also do math.

Let us examine Maguire's purported claim as explained by you. Fact #1: A gold futures contract is for 100 troy ounces. Fact #2: To have made money, Maguire would have had to go short, given that gold has declined some $310 YTD. Fact #3: $310x100=$31,000, not $98,000. Ergo, either Maguire is a bald faced liar or you have not understood what ...

5/25/2013 at 12:02 AM

6 Rating :

-6 1 Answer

My Challenge To “Whistleblower” Andrew Maguire

Dan Dontrose - The Fundamental View

(20)

Cannot believe you actually received an up arrow for your comment.

The answer to your less than thoughtful question is super obvious. If you owned 3 ounces of gold and sold them at the time double D advised, you could buy back those same 3 ounces today PLUS 1 more with the proceeds. Sorry to burst your bubble, but the numbers are what the numbers are. No, let me take that back. i am not sorry.

5/24/2013 at 8:40 PM

6 Rating :

-4 1 Answer

Drowning in a Liquidity Trap

Frank Shostak

(5)

Shostak needs to update his bio. He WAS the chief economist at M.F. Global. M.F. Global no longer exists after taking his advice to buy Greek government debt with its clients' money. Along with Corzine, he should be serving a lengthy prison sentence.

That being said, the man is a fool. The so called wealth generators have been sitting on record amounts of cash. They have not been updating their machiner...

5/24/2013 at 11:37 AM

3 Rating :

-1

Time to give up on the CFTC

Bron Suchecki - Perth Mint

(9)

There was something about your post that caused me to think that something was amiss in the state of Denmark. It took me a while to figure it out. The key was in this sentence: "The Senate Banking Committee convened Tuesday’s hearing in the wake of trading losses JPMorgan Chase disclosed two weeks ago, resulting from bad bets the bank made on credit derivatives." JPM released that info a year ago. The meeting at...

5/24/2013 at 8:31 AM

0 Rating :

Hyperinflation or Hyperdeflation

Antal E. Fekete - Gold University

(10)

The primary difference between Weimar Germany and America was that W.G. did not have a functioning bond market. There has never been a nation with a functioning bond market that has experienced hyperinflation. Nor will there ever be.

The likelihood of a war with Iran leading to hyperinflation seems remote in the extreme to me. As seen from my perch in the cheap seats, the only way to bring about hyperi...

5/22/2013 at 12:48 PM

2 Rating :

-2

Bull Market Getting a Little Freakish

Rick Ackerman

(1)

Ackerman has totally lost me with this piece. At first i thought that the 1476.25 figure he used at the top of the article was a typo when the chart below it showed the target being 1647.50. But toward the end of the piece he used 1476.25 again. And why on earth is he using a chart labelled ESM13? Who the hell ever heard of ESM13? It is actually a chart of the S&P 500 as best i can tell. ESM13 would seem to be ...

5/16/2013 at 7:12 PM

0 Rating :

Not that it matters squat, but your usually flawless math is a bit off. The cube was 20 cubic meters to begin with. As 7 years have passed since the article was first published, if we assume that gold production has remained relatively consistent over this period and we remember that the layer added for each of those seven years will be a tiny bit thinner than the previous one, then we will arrive at your figure...

Mike Hewitt - Dollar Daze

How Rare is Gold

(6)

5/15/2013 at 10:21 PM

Another Nail in the Neocon Coffin

Lew Rockwell

(29)

Hart,

Methinks you are wasting your time presenting a reasoned position to this individual. It is quite obvious that no WMDs were found in Iraq. Had any been found, the war criminals would have been trumpeting this to us at every opportunity. And with the war now over and American troops out of harm's way, BDB's lame excuse for the "truth" not having been revealed is fully exposed for what it is.
...

5/15/2013 at 1:58 PM

4 Rating :

-1 1 Answer

Welcome to the Currency War, Part 9: What's Wrong With These Picture

John Rubino - Dollar Collapse

(2)

There are a few things Mr. Rubino has failed to grasp. Concerning the S&P 500 rising, it makes perfect sense when one remembers that capital does not respect national borders. Money is flowing into the American equity markets not only from the cheap cost of money in America, but from Euro users concerned about the safety of leaving their money in the bank and from Japanese investors who well understand that the ...

5/14/2013 at 11:14 AM

2 Rating :

-1

Another Nail in the Neocon Coffin

Lew Rockwell

(29)

Let me assure you that your response was quite unnecessary. Anyone who cares about what others believe of them would never resort to the sort of self aggrandizement that you have indulged in. Anyone who cares about such things would never make up such obvious distortions of the truth that only an anencephalic baby would be taken in by the lies.

As a word of advice, in future, stick to the truth. You are...

5/7/2013 at 10:18 AM

6 Rating :

-6

Another Nail in the Neocon Coffin

Lew Rockwell

(29)

What a heaping, steaming pile of hooey you have served up. You quite obviously have no understanding of the word cowardly. I suggest you look up its meaning before using it again....For your information, Dr. Paul served in the military....Contrary to your assertion that WMDs were found in Iraq, none were. Had they of found any, Cheney, Rumsfeld, Wolfowitz (all cowardly chicken-hawks) and the rest of that crew of...

5/7/2013 at 12:45 AM

4 Rating :

0 1 Answer

His math is atrocious. He also blew the gold/silver ratio. It takes 420 ounces of silver, not 560, to purchase what 7 ounces of gold will get you.

Peter Souleles

The Fate Of Fiat

(9)

4/23/2013 at 10:00 AM

6 Rating :

-5

Thanks for your response. It is appreciated far more than the lone up arrow my comment garnered.

i could not help but notice that you made no mention of my first 2 points. As you tackled the rest of them in order, am i to take it that you failed to do so because you agreed with them?

In attempting to answer my question of who was buying, you stated that you along with everyone you know were bu...

Darryl Robert Schoon - Survive the Crisis

Ambush at the COMEX Corral

(9)

4/18/2013 at 10:18 PM

7 Rating :

-4 1 Answer

Real metal isn't backing up short sales, Maguire tells King World News

Chris Powell - GATA

(5)

What pure, unvarnished idiocy! Of course there was no physical backing the naked shorting (if that is what really took place). If there was any metal to back the shorts, they would not have been naked. Or has someone changed the meaning of terms while I was not looking?

4/18/2013 at 12:28 PM

6 Rating :

-5

I've been reading the various autopsies on what happened in the gold market last Friday and this Monday and have been struck by a number of things.

1) It seems to me that nobody is pointing the finger of blame at Mario Draghi, yet it appears to me that his statement about Cypriot gold is what triggered the sell-off. In short, what he said is that Cyprus would have to sell their gold reserves if they wan...

Darryl Robert Schoon - Survive the Crisis

Ambush at the COMEX Corral

(9)

4/18/2013 at 9:00 AM

8 Rating :

-6 2 Answers

Homeschooling: The Future of Liberty

Ron Paul

(20)

You were correct in pointing out that public schools are not mandated in the constitution. However, the bill of rights makes no mention of home schooling (a point you elided) and for Burman to have based his decision to allow the Romeikes asylum based upon an imaginary right was wrong. He should be removed from the bench.

If you could actually understand what you read, you would appreciate that I did no...

4/9/2013 at 9:52 AM

18 Rating :

-17 1 Answer

Homeschooling: The Future of Liberty

Ron Paul

(20)

If anyone can tell me what this article has to do with precious metals and the things which move those markets, please tell me.

As for the article, Dr. Paul was mistaken not to take Judge Burman to task for his asinine ruling. There is no such thing as the basic human right to home school your children. He made it up. He is tasked with applying the law, not creating new ones. That is the job of the legi...

4/8/2013 at 10:34 PM

15 Rating :

-13 1 Answer

Why Michael Pento Should Just Keep His Mouth Shut

Trace Mayer - Run to Gold

(6)

With his execrable, despicable sales pitch, Mayer has presented us with the most cogent reason yet for owning a Bushmaster.

4/5/2013 at 8:53 AM

0 Rating :

Dom, i regret to hear that you are feeling as depressed as you are and could not agree with you more that the preponderance of views expressed on this site are more of the "same old dribble." Of those articles which actually deal with the precious metals, far too many are by those who have made of gold something more resembling a religion than the asset class that it is. Of those that have not, most all have con...

Dan Dontrose - The Fundamental View

Silver Has Broken Down

(5)

4/4/2013 at 7:32 AM

4 Rating :

-1 1 Answer

The bottom 10% does not have a couple thousand in personal assets as Souleles asserted. A survey done at the end of Oct. of last year revealed that 40+ % of Americans had less than $500 in savings. That will not buy a tube of silver rounds, much less a gold coin. And even if it did, they would be morons to do so. In case he has not noticed, the price of both have been going down and only those wearing rose color...

Peter Souleles

A Message To the Bottom 90

(8)

4/3/2013 at 6:16 PM

1 Rating :

-1

Krugman and the Soviet Poverty Law Center

Tom DiLorenzo - lewRockwell

(12)

DiLorenzo is a pathetic little man filled with bile. Now excuse me. i must go shower again.

4/2/2013 at 7:44 AM

7 Rating :

-4

The gold price isn't irrelevant but financial journalism is

Chris Powell - GATA

(7)

i see by your comment that you have yet to convert.

4/1/2013 at 3:20 PM

2 Rating :

-1 1 Answer

Government to regulate bitcoin -- will ESF next short bitcoin futures

Chris Powell - GATA

Your analysis is spot on. It is all about the taxes. They are in panic mode trying to keep the bond holders happy. It is the only way to continue adding a trillion plus to the debt mountain each year. They need happy bond holders to keep buying their endless stream of junk, for without them, it all collapses. The Fed cannot be seen to be buying all the debt issued by Treasury (it already buys the lion's share) a...

3/23/2013 at 11:20 PM

0 Rating :

Good old Andy, purveyor of the truth, the whole truth and nothing but the truth. Andy is not like those others he sneers at; you know, those who either have an agenda or are so dull witted, they actually believe the nonsense they spew. Andy is far too pure of heart to allow for the fact that he is employed to drum up business for a company that wants to sell us precious metals, to get in the way of him telling u...

Andy Hoffman

Fight the Fed!

(4)

3/23/2013 at 7:48 PM

1 Rating :

Gold "To Fall to $1400 by End 2013" But "Could See $2000 Next Year", Cyprus "Will Lose E

Bullion Vault

(2)

Such forward looking price predictions are without value; made by morons for consumption by fools.

3/22/2013 at 4:42 AM

1 Rating :

The Silver:Gold Ratio, 1687-2011

Nathan Lewis - New World Economics

(17)

Hello.

Nowhere did i say UNIVERSALLY. i was talking about America, as you were doubtlessly aware.

Demonetized means to lose status as legal tender. Silver was legally demonetized back then. It is an indisputable fact. It is useless to belabor indisputable facts. But don't believe me. i could be making it all up. Look it up for yourself. Should you do so, you will find that silver was not only ...

3/21/2013 at 5:55 AM

4 Rating :

-3 1 Answer

The Silver:Gold Ratio, 1687-2011

Nathan Lewis - New World Economics

(17)

Your statement that silver is superior to paper because the supply of silver is finite while the amount of paper is infinite would only hold water if (and only if) the value of our already existing paper money would take a beating because large new forests had been discovered....Oh, and by the way, Lewis was correct about silver being demonetized in 1873. You could look it up. Yes, there were coins that continue...

3/20/2013 at 11:31 PM

3 Rating :

-2 1 Answer

Cyprus the Biggest Myth of Banking Today

Adrian Ash - Bullion Vault

(5)

Those crafty Jews had for the early directors of the BIS Walter Funk and Emil Puhl (both convicted at Nurenberg after WWII), the director of IG Farben, (manufacturer of Zyklon B) Hermann Schmitz and the Gestapo's banker, Baron von Schroeder.

The reality is that nobody but those who own the PRIVATE shares in the BIS know who they are and that most certainly includes you.

If you stopped paying a...

3/20/2013 at 11:06 PM

1 Answer

The Silver:Gold Ratio, 1687-2011

Nathan Lewis - New World Economics

(17)

Mr. Lewis fed us a line of hooey, telling us that with the introduction of paper dollar bills, people just did not want to have silver ones anymore. The facts are that large new deposits of silver were found in the west and that severly depressed its value. And that is one of the chief reasons why commodity based currencies do not work. Those who advocate for a return to the gold standard never mention this dirt...

3/20/2013 at 12:19 PM

6 Rating :

-5 1 Answer

Sorry OTE, but it is my belief that your usually keen insight has missed the mark here.

My own sense of the matter is that it is up to the lender to decide what the RISKS are, to charge an appropriate amount of interest for taking that RISK and to accept things when the situation does not pan out. That is how all credit markets are supposed to operate. Were it not so, all loans would have the same nomi...

Goldmoney

Sad Cyprus

(5)

3/20/2013 at 10:53 AM

EU’s Cyprus madness should be resisted

Steve Keen - Debt Deflation

(6)

In one form or another, be it to bail out the banks or government, this will be coming to a theatre near you soon. My suspicion is that it will be in slightly different form than what the Cypriots are experiencing. In the case of banks, they will grab your cash and give you shares in the bank. With governments, they will give you a bond. And why not? It has been done before and from their perspective, it is a fa...

3/19/2013 at 7:42 PM

1 Rating :

5 Reasons Gold Will Set an All-Time Record In 2013

Aubie Baltin

(9)

Funny, i get that when i pick up a banana.

3/19/2013 at 2:48 AM

2 Rating :

-1 1 Answer

5 Reasons Gold Will Set an All-Time Record In 2013

Aubie Baltin

(9)

Not only does your math need some work, you totally ignore the fact that unlike soya beans, for the greatest part, gold does not get used up and so all 170,000 tons of preexisting gold are still available if the price is right.

The article is just so much wishful thinking. You should pay it no mind.

Now bring on those down arrows.

3/19/2013 at 2:44 AM

3 Rating :

-3

Monetary Theory: Where Is the Flywheel and other Intellectual Ponderings and Squabbles

Jesse - Le Café Américain

(1)

It is good that you have an open mind....i named more than 1 thing. You understood my points and dismissed them with your comment that the valuation of merchandise the gold is exchanged for just shifts, as the law of supply and demand still holds true. Perhaps you missed the implications of what that would mean. In the first case of not enough new gold, while good for savers, it would make it that much more diff...

3/18/2013 at 5:17 AM

Well, that depends on how you look at things. If we are to compare health care across various jurisdictions, we would have to conclude that government is far better at providing a higher level of health care to their citizens for considerably less money than private enterprise . Here is just the beginning of a lengthy list of nations with a public health system covering everyone whose citizens enjoy a longer lif...

Doug Casey - Casey Research

If I Were President

(8)

3/17/2013 at 8:48 PM

3 Rating :

-2

Monetary Theory: Where Is the Flywheel and other Intellectual Ponderings and Squabbles

Jesse - Le Café Américain

(1)

To answer the question: the constraint placed on the issuance of paper money would be the rate at which the economy is growing. Simple. Stick to it and it works. Gold, just like paper, has been abused countless times by the monetary authorities. It is not what is used as money so much as how it is managed....Gold presents problems that paper does not. If new gold does not keep up with growth, you run into one ty...

3/17/2013 at 5:57 PM

Gold price rises on monetary stimulus hopes

Goldmoney

i am far from clear why on earth the Fed would want to see gold rise 500+% within the clearly defined channel you mention. That it is part of some strategy to protect the dollar's reserve status makes little sense to me IF the manipulators can make the price reflect their desires, as you suggest they can and if they actually exist. Having gold go up like that would only serve to make gold seem the better store o...

3/17/2013 at 10:46 AM

1 Answer

Fed's Bubbles to Slaughter Middle Class

Michael Pento - Delta Global Advisors

(7)

The answer to your question, which is an excellent one, very much depends upon who you are, where you are (both geographicly and in terms of how far along in your journey through life you are) and if we are acting individually or collectively.

To begin, let me be clear that i operate with the clear understanding that the system is irretrievably broken. We are getting to witness its death in slow motion ...

3/15/2013 at 9:26 PM

3 Rating :

-1

You make some excellent points Jim and i can only imagine that the down arrows your post has generated are due to some sort of Pavlovian response people have to your posts.

P.S. A fairly simple and inexpensive defense against an EMP is a Faraday cage.

Keith Weiner - Keith Weiner Posterous

Bitcoin Crashed. Again

(5)

3/15/2013 at 7:45 AM

1 Rating :

3 1 Answer

Gold price rises on monetary stimulus hopes

Goldmoney

You have raised some most interesting questions with your post. i cannot give you definitive answers, just my own thoughts on some of your points.

To begin with, i am taking it that the control of the precious metals markets that you believe is strongly suggested has been to keep the price suppressed. If that is the case, a 10 year rise of some 500+% in gold would suggest that those who would attempt t...

3/15/2013 at 7:28 AM

0 Rating :

1 1 Answer

Andy Hoffman

Now that is a far better response. i may not agree with all of it, but at least there is some substance to it.

(7)

3/14/2013 at 5:17 PM

3 Rating :

-2

Andy Hoffman

Greetings J.,

i suspect that we may agree far moreso than you might expect. i would certainly agree that crony capitalism is the economic system of modern day America. But was that not my point that unbridled capitalism devolves into what is now being experienced? Fascism, however, is not an economic system. It is a political system. Just as unbridled capitalism devolves into crony capitalism, republica...

(7)

3/14/2013 at 3:36 PM

4 Rating :

-3 1 Answer

Andy Hoffman

Thanks for your response Jim, however, your analogy is a rather weak one. To accept it one would first have to believe that socialism and being anti-gun lead to death. If one does not accept the premise, the analogy fails.

Socialism, as i am sure you are aware, is the opposite of capitalism. The creatures of capitalism are corporations. Corporations, however, do not have human values. They have but one...

(7)

3/14/2013 at 1:10 PM

5 Rating :

-2 1 Answer

Andy Hoffman

Jim, that is your opinion. But that is all it is. And backed up by not so much as a single reason as to why you hold such an opinion, it is without value.

(7)

3/13/2013 at 9:59 PM

7 Rating :

-1 1 Answer

A good article by Mr. Lewis until he made the totally indefensible statement at the end which claimed that "The self-destruction of today’s Keynesians will lead to a new gold standard system, just as it always has in the past." Utter rubbish! Mr. Lewis is either completely ignorant of history or he has some unknown agenda.

Here is a partial list of nations that have gone through either a restructuring ...

Nathan Lewis - New World Economics

Get Your Popcorn Ready for the Coming Keynesian Self-Destruction

(11)

3/12/2013 at 11:45 AM

1 Rating :

4 1 Answer

One more thing about Mladjenovic and the slides presented; he cannot do simple math. With the assumption that you erred in saying that the 500 billion note had the same purchasing power as a 500 denominated note, meaning instead a note with the number 5 on it, inflation during that period would not have been 3.6 x 10 to the power of 22. It would have been 10 to the power of 10. If the 500 number was correct, mak...

Dennis Miller - Casey Research

Trust Your Instincts on Gold

(15)

3/12/2013 at 12:02 AM

The reality is that governments and central banks have only a limited power to support markets. The ability to do so rests entirely upon having a functioning bond market. When the sole entity buying your debt is your central bank, that ability vanishes in the blink of an eye.

To answer your question of who bails out the governments and central banks when things go awry, the answer varies, depending upon...

Tim Iacono - Iacono Research

The Power of Governments to Support Financial Markets

3/11/2013 at 11:22 PM

The author suffers from the same myopia that seems to affect everyone in the gold community. The statement was made that: "Throughout history thousands of currencies have collapsed, but precious metals hold their value." Firstly, many of those thousands of collapsed currencies were based on precious metals. It has NEVER been about what the currency is. It has ALWAYS been about how that currency was managed. Seco...

Dennis Miller - Casey Research

Trust Your Instincts on Gold

(15)

3/11/2013 at 8:58 PM

3 Rating :

-2

Mr. Kim begins by asking the question "What is money and what is not?" His reply was that gold is money and paper is not. He called paper fiat and counterfeit. Wrong answer! For Mr. Kim's information, fiat means by decree. That means that no matter what is used as money, it has always been used by decree. And that most assuredly includes gold, when it was our legal tender. As money is a mental construct, that is...

JS Kim - Smart Knowledge U

Governments Worldwide are Implementing Orwellian Gold Confiscation Today. You Just Haven

(10)

3/10/2013 at 3:17 PM

2 Rating :

-2

As this article has but the flimsiest of connections to the world of precious metals, allow me to share a few of my own thoughts on what should be the subject at hand.

The last number of years, like many of you, a good deal more of my waking hours have been taken up with trying to make sense of what has taken place in the economic and political spheres. It seemed that the more i read, the angrier i...

Steve Keen - Debt Deflation

International appeal for the protection of academic independence

(2)

3/6/2013 at 2:15 PM

S.W.,i am not quite certain where your sense of frustration is coming from. Do you not base your decisions on precious metal ownership on how Walmart has transformed America? True, it is not quite as good as a Tom DiLorenzo article relitigating the American Civil War for timely information on what the market is likely to do in the near (or long) term. But my favourite precious metals advisor is Mac Slavo. When h...

James Howard Kunstler

Reply To Gary North

(73)

3/5/2013 at 11:51 AM

2 Rating :

1 1 Answer

With apologies O.P., but Prattling Andy has rarely been able to make sense of the tidbits of information he stumbles across. The peg was lifted 8 years ago and since, the yuan has appreciated some 20%. In real terms what that means is that the $3 trillion in Yanqui paper that they hold is now worth $2.4 trillion. Was China supposed to sit by and do nothing as their foreign reserves' value was melted away by Easy...

Andy Hoffman

How China Destroys America

(4)

3/3/2013 at 9:37 PM

Thanks for your response finespecimen and welcome to the forum.

i did not make the claim that paper does not lose its value. My comment had to do with no matter what we choose to represent money, it has always been subject to depreciation due to the irresponsible management of our fiscal affairs. There is absolutely nothing special about gold in this regard and history is replete with examples where go...

Mark O'Byrne - gold.ie

Fed To Prompt Currency Crash and Return to Gold Standard

(3)

3/1/2013 at 11:08 PM

1 Rating :

-1 1 Answer

Grant, pimping for a return to the gold standard, stated that "it is important to examine our monetary affairs over the sweep of time." How true that be. i guess he missed the depression of 1807-1814. The one from 1837-1844 also got by him. He somehow also missed the one that went from 1873-1879. Oh yeah, the one from 1893-1898 also somehow slipped from memory. And i guess that the one that began in 1929 does no...

Mark O'Byrne - gold.ie

Fed To Prompt Currency Crash and Return to Gold Standard

(3)

2/27/2013 at 8:37 PM

2 Rating :

-2 1 Answer

If the Masses Lose Confidence in the Currency…

Mac Slavo - ShtfPlan

(9)

Slavo demonstrates for us yet once again that when it comes to monetary history, he skipped a lot of classes. He writes: "Yet, as we have seen throughout history, and especially in the last decade, currencies backed by nothing are always debased, eventually being worth even less than the paper they’re printed on."

Slavo has given us a partial truth. Yes, it is true that paper money (supposedly backed by...

2/26/2013 at 9:40 PM

0 Rating :

2 1 Answer

No way out for central banks

Goldmoney

(5)

Neither of your solutions seems feasible. The first one would result in no nation accepting the new currency as payment. The second is completely unrealistic in that the IMF does not have the requisite funds to bail out Yankeedoodlestan. Heck, they hardly have the resources to bail out Cyprus.

As for bailing on the U.S. dollar, that time is coming, but it is not here yet. What must be understood is ca...

2/25/2013 at 8:57 PM

Silver and Gold Continue To Bleed

Dan Dontrose - The Fundamental View

(15)

Dontrose has taken a lot of heat for this article and much of it deservedly so. However, had we followed his advice back then and sold, there is no doubt that we would now be able to purchase back more metal with the proceeds than we had before.

As for the history that you speak of--i am taking it that you are making refrence to the great depression of the 30s--it was characterized by deflation, not inf...

2/22/2013 at 11:06 PM

2 Rating :

-1 1 Answer

Why Bankers Avoid the Public Eye

Thorsten Polleit - Mises.org

(10)

Honorary Professor Polleit has again served us up a heaping, steaming pile of doggy do-do. How this man ever managed to make it beyond 5th grade is a mystery wrapped in an enigma.

Honarary Professor Polleit writes that "The logic of human action tells us that there is – in fact, there must be – for the individual an economic incentive to aggress against other peoples’ property. Two interrelated praxeol...

2/6/2013 at 10:46 PM

New Proposal Will Force Gun Owners to Store Assault Weapons At Government Authorized Storage Depots

Mac Slavo - ShtfPlan

(5)

"They’ll track the sale and transfer of all firearms through registration, with unjust punishments for anyone engaging in black-market trading."

And just what exactly would a just punishment be?

1/22/2013 at 10:53 PM

0 Rating :

3 1 Answer

Inflation Propaganda Exposed

Peter Schiff - Euro Pacific Capital

(14)

It would seem that technically, Jacob was correct when he stated that printing is a lie. Very little actual printing goes on, with most of the new money creation being done by keystrokes. Those who get the money first are the ones closest to its creation. They do so by providing some imaginatively valued asset as collateral and then they do all sorts of thngs with that money. Paying interest on previous loans to...

1/12/2013 at 9:23 PM

4 Rating :

-3

Good for you and i do mean that most sincerely....Though i continue to disagree with Jim on this and was going to present my reasoning, your comment has made me decide this is a pretty nice way to end this thread.

Have yourself a great day.

Jim Willie CB - Hat Trick Letter

The Coming Isolation of USDollar

(10)

1/9/2013 at 7:01 AM

5 Rating :

-4

Great analysis by Willie; yes. Yours, however, cannot be so characterized. Sound money and individual rights have no correlationship. If that were not so, Iceland's currency would not have collapsed and Saudi Arabia's would have decades ago. And for that matter, neither would your beloved America have experienced such a collapse shortly after the nation was founded.

Jim Willie CB - Hat Trick Letter

The Coming Isolation of USDollar

(10)

1/8/2013 at 10:29 AM

6 Rating :

-3 1 Answer

How about you; do you ever get tired of being completely wrong?

Jim has never defended Obama. And just as it should not matter to Jim whether he believes you to be a Republican or Democrat (though i have yet to read anything he has posted concerning your political allegiance) why should the opposite also not hold?

And just so as that you do not repeat the mistake you have now made several times...

James Howard Kunstler

Some Sunny Day

(26)

1/8/2013 at 10:11 AM

8 Rating :

-6 1 Answer

What gives with this? Could you not wait for Jim to post his comment on JHK? Just how much hatred for him are you filled with that you post this attack that has absolutely nothing whatsoever to do with the JHK article? Oh, and by the way, Jim has never once glorified big government. He has often stated that he favors limited government. So if you cannot help yourself, which you seem quite incapable of doing, at...

James Howard Kunstler

Some Sunny Day

(26)

1/8/2013 at 9:58 AM

9 Rating :

-7

Allow me to deal with some of what you have raised in your post. i have not asked the moderators to stop others from going after me. i fully well exected the type of responses my mocking posts have received. What i pointed out is that they are most inconsistent in how they lay down the law; providing examples. i even asked them why they chose not to remove my response to Invention's post given that it was every ...

Food for thought

Who will destroy the World

(17)

12/31/2012 at 9:21 AM

6 Rating :

-3 1 Answer

Dear Moderators,

I am writing to you to express my displeasure with the job you are doing. My sense of displeasure has to do with the utterly inconsistent manner in which you police your site. As but one example, of the five comments I posted to this page, three were deemed to not adhere to your policy guideline and so were removed. I well understand why my reply to Gypsy was not removed, but why was my...

Food for thought

Who will destroy the World

(17)

12/31/2012 at 12:02 AM

7 Rating :

-3 1 Answer

Hi lwhitney,

To answer your question, i would have to say that older is not necessarily better. The real key is desireability. That is to say, you want to invest in things that others will want to buy from you at a later date. For a coin collector, what that comes down to is both the scarcity of the coin as well as its condition. There are many good sites on the web which will tell you how many of a par...

Andy Hoffman

Precious Metals for Twenty-Somethings

(6)

12/29/2012 at 1:25 PM

6 Rating :

-2

My dear professor, your response saddened me in several regards. That you had nothing better to do on Christmas day was very sad indeed. But also, i could not help but notice that for a professor, you seem to posess minimal reading comprehension skills. Your supposed displeasure with me purportedly stems from my presentation of the case for evolution. If you actually go back and read the comments i made on this ...

Food for thought

Who will destroy the World

(17)

12/27/2012 at 6:11 PM

7 Rating :

-2 3 Answers

The Case for $136,604/oz physical silver

Bix Weir

(10)

With regard to point 6, silver pool and certificate programs, Weir made a number of errors. He mistook the Royal Bank of Canada for the Royal Canadian Mint. But that is no big deal. Far more consequential is that there is no evidence that i am aware of to indicate that the RCM, Perth Mint or Kitco use a fractional reserve metal storage system devised by Jon Nadler or anyone else. Indeed, with regard Kitco, given...

12/27/2012 at 4:26 PM

3 Rating :

-1

Hart, you are correct in claiming that there is a difference in deliberating various aspects of Christianity and being an ass and it really does not require a keenly astute mind to appreciate that i have been the latter with Invention. i have done similar with others who have tried to insert Jesus into the discussion we are attempting to have here about matters directly related to precious metals. If someone jus...

Food for thought

Who will destroy the World

(17)

12/23/2012 at 3:51 PM

8 Rating :

-4 4 Answers

Gypsy, i fear that you have drawn the wrong conclusion from your efforts; which by the way i applaud. If what you (and Einstein) were talking about was a closed system, then the second law of thermodynamics would apply. However, human society is not a closed system and so the outcome is not predetermined. What you have actually demonstrated is another saying that Einstein is well known for and here i paraphrase,...

Food for thought

Who will destroy the World

(17)

12/23/2012 at 12:39 PM

8 Rating :

-4

'Tis a lovely tale you spin Invention, so rich and full of the blarney it is. But i suppose it is not your fault. If you really knew the truth about your dear old dad, you would not be mentioning his name. He was ashamed of who he really was and so he and your mom told you this story of the wonderful work he was doing to keep America strong while in reality, a far darker truth that could not be revealed to someo...

Food for thought

Who will destroy the World

(17)

12/23/2012 at 12:04 PM

8 Rating :

-5

Invention, you were 99% correct in stating "I guess since I'm a Christian, I know to whom the bell tolls for." You kind of butchered the Hemingway title, but at least you were correct about guessing. You just did not appreciate that you guessed wrong. Dead wrong in fact. And i would like to know why Mali, Somalia and Equatorial Guinea are not on your wood shed list? Did the Rothchilds pay you to keep them off th...

Food for thought

Who will destroy the World

(17)

12/22/2012 at 8:38 PM

8 Rating :

-4 2 Answers

Sorry Chris, but this must surely be the most banal article ever to appear on this site.

Chris Laird - Prudent Squirrel

What the Gold Price Says About Dec 21 (Not joking)

(7)

12/21/2012 at 4:23 PM

2 Rating :

-1

Thank you for your two responses to my earlier posts. Allow me to attempt to answer your cavils as best i can. That you believe that you stated correctly that the very basis for evolution has been debunked does not make it so. Evolution has been proven well beyond any reasonable doubt so as that anyone who is not blinded to reality by the opium of the masses has no serious doubts. If there is any controversy, it...

James Howard Kunstler

America the Horror Show

(27)

12/20/2012 at 5:45 AM

4 Rating :

-3

It was a cute story Hart and i did smile. But of course the story was fictional and not based on any fact. And as you must realize, fictional tales based on imaginary events cannot make of me a Deist. As for being able to present me with real evidence for the existence of God, you can no more do it than any philosopher over the ages has been able to demonstrate a logical proof for the existence of God, hence you...

James Howard Kunstler

America the Horror Show

(27)

12/20/2012 at 1:34 AM

4 Rating :

-2 1 Answer

Darwin admitted that Lamarck was correct, not that evolution was wrong. And yes, anyone who teaches creation is most assuredly misinforming their children. (It would only be a lie if they themselves did not believe it.) Evolution has not been debunked as you so mistakenly claim. The only thing debunked is the notion that there is a need for God in order to explain how the universe got its start. God is a totally...

James Howard Kunstler

America the Horror Show

(27)

12/20/2012 at 1:12 AM

4 Rating :

-3 1 Answer

Jim, your use of inverted commas around the term assault weapons was misused in that they are most certainly just that.

Should American citizens (and foreign residents) be able to call in air strikes just as common soldiers can? Common soldiers also are the ones wielding heavy artillery. A bit much perhaps? Then how about land mines or grenades?

Your reasoning as to why citizens ought to be abl...

Mac Slavo - Shtfplan

US Congress To Move Against Guns: “It Will Ban the Sale, the Transfer and the Possession”

(6)

12/19/2012 at 11:28 PM

6 Rating :

-6

So then, just what is it that you are advocating James; that we should teach our children lies: that God exists, that evolution is a myth and that human values are eternal? Well, God is a myth, evolution as Lamarck explained it is real and human values do come and go. As for teaching that we will never be held acountable, what a load of nonsense. Nobody tells their kid that they can rob and murder with impunity....

James Howard Kunstler

America the Horror Show

(27)

12/19/2012 at 9:30 PM

7 Rating :

-6 2 Answers

i believe you have misunderstood what the author was getting at. He was stating that you would have to pay an assay fee when it is time to put the purchasing power of your silver bar to use. He seemed to indicate that would not be the case with a coin.

As for melting your coins to form your own bar, doing so would be counter productive. Not only would you incur a cost in melting them down, you would th...

Charleston Voice

Legislation Impacting American Silver Eagles

(3)

12/6/2012 at 11:04 PM

3 Rating :

-3

Let me quickly respond to a couple of the points you made. For your information, it was the Romans and not the Jews who killed Jesus. Yes, for centuries some Christians did believe this distortion of the facts and used that nonsense to conduct pogroms, especially around the time of Easter. And it is beyond ridiculous to think that Jews control how Christmas is celebrated in America. You provided no evidence to s...

Ron Paul

How to End the Tragedy in Gaza

(24)

11/28/2012 at 5:49 PM

8 Rating :

-6 1 Answer

Why gold is better than cash

Alasdair Macleod - FinanceandEconomics

(13)

Papli, with regard trading, i would urge caution. There are a number of things to consider before deciding if doing so is right for you. Myself, i used to trade, but no more. Now i only accumulate when i can. i had some winning trades, but there were also some that went the other way. In the short term, as you observed, who knows if gold will next go up to $1,800 or down to $1,600. It matters a great deal if you...

11/23/2012 at 5:39 AM

3 Rating :

-1 1 Answer

Why gold is better than cash

Alasdair Macleod - FinanceandEconomics

(13)

It is interesting to see how both of you view precious metals ownership. There would seem to be two main reasons. Papil sees it more as a sound investment while S W. tends to stress the insurance policy aspect. Both are valid reasons for owning precious metals. There may come a day in the not too distant future when a third reason emerges. What i am speaking of is the government, in what has become their increas...

11/22/2012 at 7:21 PM

3 Rating :

0 1 Answer

Thanks for your response Verboten. Much of what you have stated i would readily agree with. However, i think you have mischaracterised my position somewhat. i did not make the case for governments inserting themselves into the business cycle at any time other than when the economy is tanking and i certainly did not advocate that governments spend our tax dollars to beef up the military. i merely stated that ther...

Peter Schiff - Euro Pacific Capital

Patriotic Millionaires Unmasked

(6)

11/21/2012 at 5:20 PM

4 Rating :

-4

Mr. Schiff has graced us with some third rate analysis here as a result of the ideological blinders he has chosen to voluntarily don.

Mr. Obama did not win the election because of what he promised to middle class voters as alleged. Rather, the Republicans lost the election because of the deeply flawed candidate they put forward. Mr. Romney ran a campaign that proudly proclaimed that it was not going to ...

Peter Schiff - Euro Pacific Capital

Patriotic Millionaires Unmasked

(6)

11/21/2012 at 2:02 PM

4 Rating :

-4 1 Answer

This is a fine article by Rubino until the final sentence. His contention was that we will remain ungovernable until the market puts an end to fiat currencies. As whatever it is that we choose to represent money is by decree, all currency is necessarily fiat, gold included. It can be no other way. The problem has never been what has been chosen to represent money, but how that money got spent.

John Rubino - Dollar Collapse

Why We're Ungovernable, Part 4: Hollande's Short Honeymoon

(1)

11/15/2012 at 6:41 PM

4 Rating :

-4

Open Letter to Hugo Salinas Price

Keith Weiner - keith weiner

(7)

Weiner just does not get it. He does not understand what money is. Money is a mental construct, not some substance found in nature. In the world in which we live, it is governments and only governments that dictate what we will use to represent our mental construct. He can say all he wants that gold is money, but that does not make it so. And that makes his statement that governments cannot embue gold with money...

11/15/2012 at 5:07 PM

3 Rating :

-2

Five things repatriating gold bullion says about the country

Jan Skoyles Real Asset Co - The Real Asset Co

(16)

All that Pete is offering is his opinion. He does not bother to support his position with so much as a single fact. What proof can he put forth to bolster his claim? Surely there must be something. For all i know, Pete might be correct. But the presentation of his position is far from persuasive.

11/9/2012 at 10:19 PM

4 Rating :

-3

Russian General: “The USSR Collapsed and the Same Fate Has Been Prepared for the USA”

Mac Slavo - Shtfplan

(36)

Dear Hart,

i must take a moment to congratulate you for your stunningly brilliant expose of that most reprehensible Obama stooge, Jim C. i will admit that he had me fooled, proclaiming himself to be a Republican voter who backed Santorum during the primary season. However, i can now appreciate why Obama would have far preferred to be facing Santorum and so would have sent his payed minions out to do his...

10/5/2012 at 6:55 PM

35 Rating :

-28 3 Answers

Jim Willie CB - Hat Trick Letter

Tom, your response only serves to underline just how very spot on my assessment of your initial comment was. "You chose the path of the school yard bully..." You began the defense of your comment with what can only be seen as the all too typical response of a bully when called out. You only semi-meant what you said about Jim requiring weekly electro shock therapy treatments and not only did he take it with a smi...

(42)

9/28/2012 at 7:53 PM

33 Rating :

-32 2 Answers

Jim Willie CB - Hat Trick Letter

Though i do not feel that you are owed the curtesy of a civil reply, i will do so anyway.
You cannot possibly know what motivates Jim to write what he does. You might be correct, but you could just as easily be mistaken. The only thing that we have an ability to judge is the actions of others. Attempting to discern why someone has done what they have might be fun, but in the end we must realize that we are n...

(42)

9/28/2012 at 10:13 AM

31 Rating :

-28 1 Answer

Jim Willie CB - Hat Trick Letter

Yes, i was vulgar; purposefully so in fact. There are times when the word fuck has a legitimate use and like it or not, that was one of them. Tom's comment deserved nothing less in that it was pure hatred with no redeeming value whatsoever. If he does not like what Jim had to say, he should have stated his reasons for his belief, not leave some puke remark that does nothing to further any conversation. As such t...

(42)

9/28/2012 at 8:56 AM

40 Rating :

-37

Jim Willie CB - Hat Trick Letter

Tom, fucking grow up! You have nothing to say about Willie's post or Jim's comment on it. Character assassination has no place here. So either keep your comments on topic or keep your cheap shots to yourself.

(42)

9/28/2012 at 6:33 AM

53 Rating :

-38 2 Answers

A Republic, Not a Democracy

Ron Paul

(101)

i have got to say that i agree with Jim C. on this. There was no valid reason to delete his comment. He did not resort to calling Ron Paul names and the first part of his comment was about the article Dr. Paul posted. Jim did stray somewhat by offering his opinion as to where Dr. Paul's reasoning would eventually lead, but that is something he did many times before without consequence. And it is something others...

9/12/2012 at 10:42 PM

24 Rating :

-14 1 Answer

Return Of The Gold Standard

Andy Hoffman

(9)

This article demonstrates an almost total lack of understanding. To begin with, the author takes the simplistic view that all of our current problems can be solved by switching to a gold standard. Doing so would not get rid of the massive debt already incurred; it would just make it payable in gold. The problem is the debt, not what is used as money. As for what we use as money, the author does not seem to reali...

9/11/2012 at 1:59 PM

6 Rating :

-5

Update On $80 Million in Seized Gold Coins: Judge Rules They “Belong to the U.S. Government”

Mac Slavo - shtfplan

(17)

Sir James, a careful reading of EO 13603 leads me to believe that GATA got it right in that this is for the most part a rewording of previous EOs. There is nothing in it with regard bringing back the draft, aside from an instruction detailing who is to consult with whom on various aspects of doing so should it ever be deemed necessary to do so. And there was nothing at all about the formation of involuntary work...

9/11/2012 at 12:39 AM

5 Rating :

-3 1 Answer

Firestorms Currency Twisters

Jim Willie CB - Hat Trick Letter

(43)

Stunning top-notch analysis! i would give this one more than 5 stars if the system permitted it.

8/30/2012 at 1:19 PM

4 Rating :

The Gold Standard gets another look

Peter Schiff - Euro Pacific Capital

(8)

S., thanks for your reply. The supposed flaws you found in no way take away from my agrument. With regard #1, you make it seem as though had the Romans not debased their currency, we would still be paying our taxes to Rome. What you have done is to mistake effect for cause. Like Nixon, the Romans were forced to do something about their money if they wished to continue persuing dreams of empire. First they cut th...

8/29/2012 at 9:11 PM

4 Rating :

-4

The Gold Standard gets another look

Peter Schiff - Euro Pacific Capital

(8)

This article by Mr. Schiff would seem to have been plagerized from a first year economics student who was about to flunk out, so shoddy is his reasoning. To begin with, it is not a litmus test among conservatives that they must be in favor of a gold standard; but rather it is the belief of Libertarians that gold and only gold makes for sound money.

Mr. Schiff correctly points out that the use of paper m...

8/29/2012 at 2:23 PM

9 Rating :

-9

The irrelevance of currency reserves

Steve Saville - Steculative Investor

(27)

This was an interesting article to read and one that caused me to ask myself a few questions. The first question had to do with the claim made by Mr. Saville that the money we have in our pockets is not backed by anything. It is a claim i have made myself. But is it really true? On its face, it would appear to be. However, when considering the question, i came to the realization that money is actually backed by ...

8/29/2012 at 8:42 AM

4 Rating :

-4

Thorsten Polleit

While i appreciate your attempt to help clarify matters for me, i regret to inform you that the mark was missed. Not only did you miss dealing with perhaps the most salient objection that i raised (to say nothing of others) with those that you did attempt to explain, you only served to illustrate for me that you do not see the flaws in your own reasoning.

Let me remind you of what you did not answer. Th...

(18)

8/18/2012 at 5:24 AM

7 Rating :

-6

Thorsten Polleit

Let me begin by defining the term a priori: known to be true independently of or in advance of experience of the subject matter; requiring no evidence for its validation or support. That is to say that it is a non-analytic type of reasoning.

Now allow me to address your caveat that this supposed science can tell us what will happen, but not when it will or even how it will. i would then ask you of what ...

(18)

8/16/2012 at 9:25 PM

16 Rating :

-15 2 Answers

Thorsten Polleit

i had read A. E. before and did read the piece you sent along. It has done nothing to change my mind whatsoever. That there is "almost a universal opposition to Austrianism" as stated in the article should tell you something. And what it should tell you is that a priori knowledge in the field of economics is utterly and completely impossible. Things that can be understood in such a fashion are few and far betwee...

(18)

8/16/2012 at 7:53 AM

17 Rating :

-16 1 Answer

Thorsten Polleit

What utter nonsense! Poleitt has absolutely no idea of just how confused his reasoning actually is. To even imagine that we can know with absolute certainty how humans will act in a given situation without so much as even seeing how they behaved in past circumstances that were the same as those in the current situation is preposterous on its face. With very few exceptions can we know in an a priori fashion anyth...

(18)

8/15/2012 at 10:12 PM

19 Rating :

-17 1 Answer

Philipp Barton : The gold standard is absolutely inevitable

Egon Von Greyerz - Matterhorn Asset Management

(7)

As someone who holds physical gold (and silver), i am sorry to say that i must take issue with some of Mr. Barton's comments. To begin with, his assertion that all fiat currencies will collapse and that they will do so at the same time is a statement of contrafactual definiteness that cannot be based on mathematics and there is no historical precedent to give his assumption even a modicum of validity. There are ...

8/15/2012 at 1:20 PM

3 Rating :

-2

Chris Hedges: The Careerists and the Banality of Evil - The Sickness Unto Death

Jesse - Jesse's cafe

(14)

Jim C., i do not believe you have quite gotten the gist of what Hedges wrote, for if you did, you would not have taken him to task for his supposed infrence. It is quite obvious that Hedges does not think very much of bureaucrats and even less for their ability to think for themselves and act independantly. No matter the system that they are in charge of, they carry out their function without questioning its leg...

7/28/2012 at 1:30 PM

12 Rating :

6 1 Answer

Who Wants the U.S. To Make War in Syria

Michael S. Rozeff

(5)

While reading this well thought out article, i was struck by the number of individuals who are members of the Foundation for Defense of Democracies and just what a ludicrous name they have chosen for their group. What makes it so absurd is the fact that America itself is not a democracy, but a republic. (Even the CIA Factbook notes that "America is a repulic with strong democratic traditions".) Republics are the...

7/18/2012 at 8:45 PM

3 Rating :

Wiegand makes numerous mistakes in this article, as is his habit. He mistakenly claims that V. Putin is the prime minister of Russia. He is in fact the president. And he repeats his earlier mistake of claiming that Germany is to hold a referendum on bailing out the Eurozone. No such referendum is planned. Rather, the German Constitutional Court is to decide if doing so would be legal. i could go on, but hope tha...

Roger Wiegand - Webeatthestreet

Global Economics End Game

(2)

7/17/2012 at 9:00 PM

3 Rating :

-3

The question for you then Jim is why do you continue to read JHK every week?
And my question for Hart is given that you find Jim's comment to be the same old same old and so not worth the bother, why should you not take your own advice?

James Howard Kunstler

The Rising

(20)

7/17/2012 at 8:07 PM

19 Rating :

-15 1 Answer

The Ship of State Is Rudderless

Roger Wiegand - Webeatthestreet

(6)

I too had my comment deleted by those with the power to determine what crosses the line. While i was disappointed that said action was taken and did seek an explanation (none was supplied), i was shocked to see that David S.'s post had also been deleted. David, you in no way crossed any line in 24hgold's comment policy. You did not call Wiegand any names or slander him, you employed no profanity and there was no...

7/14/2012 at 8:34 AM

3 Rating :

-2

The Ship of State Is Rudderless

Roger Wiegand - Webeatthestreet

(6)

David, you were not correct in stating that Roger the Dodger (of reality) is ignorant of the actual facts. He is well aware of them. However, being a presstitute in service of the Republican party, facts do not trouble him. He has a long and sordid history of pulling this sort of crap out of his ass. i mean, where else does he get such stuff as the IMF having the ability to print their own money and bonds from? ...

7/12/2012 at 9:00 PM

3 Rating :

Lords of Finance : the bankers who broke the world

Jesse - Jesse's café

(4)

Sir James, there are no laws of physics and math that automatically come in to play to punish wrong doers and to state categoricly that there are such laws is utterly non-sensical. If i am wrong, then please be so good as to educate me as to what they are. But i am certain that you can do no such thing because you just made it all up.

7/4/2012 at 3:57 PM

3 Rating :

-3 1 Answer

The Power To Tax Is the Power To Destroy

Peter Schiff - Euro Pacific Capital

(13)

This has to be the least well thought out article ever penned by Mr. Shiff. He gives us his opinion backed up by nothing other than yet more of his opinions. He begins with, "The Supreme Court decision is devastating for the economy and individual liberty." And his substantiation for this is "It will destroy jobs, impoverish millions, and lead to much higher inflation and lower living standards."
How havin...

7/1/2012 at 3:08 PM

4 Rating :

-3

It would seem to me that Mr. Casey, having referenced evolution, has failed to note the obvious. And that would be that whether we are looking at government or biology, organisms become ever more complex. If the nation-state is to be relegated to the dustbin of history, it would appear more likely to be replaced with a body that governs the entire planet.
I would also note that not all who govern us are evil...

Doug Casey - Casey Research

End of the nation state

(8)

6/4/2012 at 10:18 PM

5 Rating :

-3

That the author has managed to draw some correct conclusions from his starting point is nothing short of amazing. As he sees it (or is paid to see it), all of the problems the world faces are due to Socialism. The 2 examples of failed Socialist states he mentions are Greece and Spain. Why does he ignore the fact that Socialist nations such as Australia, Norway, Sweden and Canada are doing just fine, thank you ve...

Aubie Baltin

The Emperor Has No Clothes

(17)

6/1/2012 at 10:08 AM

3 Rating :

The War at the End of the Dollar

Ron Hera - Hera Research

(7)

Your statement that Iran has already built nuclear weapons can mean one of but two things. Either you are a very high ranking Iranian official privy to information that the rest of the world is unaware of, or you pulled that out of your ass.

4/18/2012 at 2:31 PM

3 Rating :

-2

It’s Time to Abort Obamacare

Ron Paul

(14)

I regret having to say this, but Dr. Paul has got this one wrong and he has managed to do so on many levels. To begin with, IUDs are a form of birth control that prevent pregnancy. They in no way are used to abort a fetus. Next, while religious freedom is considered to be sacrosant, practice of this tenet has always fallen short of the theory. Just ask Mormons who had to abandon polygamy or Muslims being prevent...

2/15/2012 at 4:20 PM

7 Rating :

-5

Don’t Protect the Banks, Protect the People!

Ron Paul

(38)

You did not seem to like the length of my reply and yet you faulted me for having not been comprehensive. A list of other countries attacked beside the U.S. as a result of their foreign policy was not supplied in that it should have been inferred that such countries exist. The list i supplied was supposed to show that those countries that do not go poking their noses in where they are not wanted are in no danger...

1/15/2012 at 12:10 PM

4 Rating :

Don’t Protect the Banks, Protect the People!

Ron Paul

(38)

Nunya, while you have managed to get the odd thing right, i am afraid your response has shown that you are neither a student of history nor someone who understands human nature very well.

If you were seriously asking if America had bases in Saudi Arabia, Pakistan and Afghanistan (before some unnamed war) and not then showing mock surprise to find out that they did, the answer would be yes, yes and no i...

1/13/2012 at 11:52 PM

4 Rating :

0 1 Answer

Jim, i do not think Mr. Willie to be any more shrill or phobic than usual. Indeed, i do not find him to be either whatsoever. It may sound that way to you, but please realize, sometimes there really are things to be concerned about.

And please allow me to clear up that which seems contradictory to you regarding the Sunburn and Onyx missile systems and Iran being a threat to the world for posessing them...

Jim Willie CB - Hat Trick Letter

The USDollar Paper Tiger

(16)

1/13/2012 at 9:04 AM

3 Rating :

Don’t Protect the Banks, Protect the People!

Ron Paul

(38)

Jim, i think you are a bit too harsh in your criticism of Dr. Paul. i believe he can be forgiven for having not been present to vote on NDAA given that he was otherwise occupied with rather important business of his own. It is not like he did not make his views well known and it was never going to be a case of his being the deciding vote on the bill.

More to the point (and this i write as someone who is...

1/13/2012 at 8:02 AM

6 Rating :

9 1 Answer

COMEX: The March to Irrelevance

Jim Willie CB - Hat Trick Letter

(12)

Ann Barnhardt got this one right, but the article suffers greatly for having used her. She is a hate-filled lunatic with a raging hard-on for those of the Islamic faith who goes Terry Jones one better by marking passages in the Koran with strips of bacon before ripping them from the book and setting them on fire. And that is just for starters. There are others out there beside Barnhardt who have made the same po...

12/24/2011 at 5:03 PM

11 Rating :

-2 1 Answer

Boy, did you ever get this one wrong.

Warren Bevan - Precious Metals Stock Review

CME To Smash Gold and Silver

(2)

11/11/2011 at 8:25 AM

3 Rating :

-2