Freetruth's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/168605/comments http://seekingalpha.com/article/114575-despite-economic-headwinds-gold-will-outperform?source=feed#comment-354799 354799
Historical study of empirical evidence void of proper theoretical context is worse than worthless as it leads people to make the same mistakes over and over. Perhaps one day in the far future Austrian Economics will get its due and we can stop the folly of central banking and central planning folly. Until that day comes holding on to some gold as insurance is a good idea.
]]> Tue, 13 Jan 2009 15:44:25 -0500
Historical study of empirical evidence void of proper theoretical context is worse than worthless as it leads people to make the same mistakes over and over. Perhaps one day in the far future Austrian Economics will get its due and we can stop the folly of central banking and central planning folly. Until that day comes holding on to some gold as insurance is a good idea.
]]> http://seekingalpha.com/article/102679-gold-war-of-attrition?source=feed#comment-293844 293844
I expect that by the end of 2009 most people will think that they were successful in "unclogging" or "defreezing" the system and away we go. But it will be too late by then to stop the pumping before we get massive inflation. The Son of Bubble Monster will be bigger and badder than the little hiccup that so many just panicked over.

Finally, gold is insurance, not an investment. If you don't have any you will likely be very sorry at some time over the next five years. If it is your only investment then you could also be disappointed in the near future.]]> Wed, 29 Oct 2008 18:51:40 -0400
I expect that by the end of 2009 most people will think that they were successful in "unclogging" or "defreezing" the system and away we go. But it will be too late by then to stop the pumping before we get massive inflation. The Son of Bubble Monster will be bigger and badder than the little hiccup that so many just panicked over.

Finally, gold is insurance, not an investment. If you don't have any you will likely be very sorry at some time over the next five years. If it is your only investment then you could also be disappointed in the near future.]]> http://seekingalpha.com/article/96689-why-i-got-gold-wrong?source=feed#comment-261393 261393 Mon, 22 Sep 2008 10:29:01 -0400 http://seekingalpha.com/article/96320-gold-prices-finally-catch-fire?source=feed#comment-258935 258935 Fri, 19 Sep 2008 10:07:45 -0400 http://seekingalpha.com/article/95496-law-of-supply-demand-is-dead-for-gold-silver?source=feed#comment-257173 257173 www.strike-the-root.co...
]]> Wed, 17 Sep 2008 13:42:49 -0400 www.strike-the-root.co...
]]> http://seekingalpha.com/article/95496-law-of-supply-demand-is-dead-for-gold-silver?source=feed#comment-256333 256333
Don't worry as mitigating social institutions (including local government ala Jefferson) in America will long survive the imploding United States Imperial Federal Government and prosper after its demise ala the USSR (it will go bankrupt). The incredible mounting debt is crushing the USIFG and it can't be stopped at this point. Don't fight it, just get the hell out of the way and enjoy the spectacle of it all.
]]> Tue, 16 Sep 2008 18:25:12 -0400
Don't worry as mitigating social institutions (including local government ala Jefferson) in America will long survive the imploding United States Imperial Federal Government and prosper after its demise ala the USSR (it will go bankrupt). The incredible mounting debt is crushing the USIFG and it can't be stopped at this point. Don't fight it, just get the hell out of the way and enjoy the spectacle of it all.
]]> http://seekingalpha.com/article/95496-law-of-supply-demand-is-dead-for-gold-silver?source=feed#comment-256291 256291
You are one of the few who "get it". If I might suggest another good site it is at: strike-the-root.com]]> Tue, 16 Sep 2008 17:32:52 -0400
You are one of the few who "get it". If I might suggest another good site it is at: strike-the-root.com]]> http://seekingalpha.com/article/95496-law-of-supply-demand-is-dead-for-gold-silver?source=feed#comment-256193 256193
The Fed thus far has not been successful in re-inflating the collapsing bubbles, though not for lack of effort. I have faith that the Fed will eventually be successful in doing what it is they are trying to do (inflate the money supply with credit-money through bailouts). More bailouts are coming and not just financial firms, but auto makers, airlines, and other politically connected industrial companies. The lender of last resort is lending their little hearts out, so just give them time. Also I’d guess that another tax/energy/whatever “rebate” check will be sent out in the mail early next year, but this time much larger than the last. Helicopter Ben has only just begun to fight! It will take about 9 to 18 months before we see the fruits of his efforts and the genie of hyper-inflation will be hard to put back in the bottle.

Hobbes was a statist idiot. Try reading Rothbard and Mises for a better philosophy and more clear understanding of the Natural Order.

The economy won’t completely collapse, look at Zimbabwe, it keeps hanging on and our economy is much, much larger. The adjustment will be painful for many of course, especially those holding paper assets and lacking marketable skills. Food and water will not be a problem to get for those with real assets and/or marketable skills. Families, friends and neighbors will have a chance to again supplant the corporate-state institutions that are crumbling as we speak with local networks and age-old social institutions. This is a good thing and the start of a better free-market money system. Gold and silver has always emerged as the most popular commodity-money and will again. Then you will see what "real money" is.
]]> Tue, 16 Sep 2008 15:35:09 -0400
The Fed thus far has not been successful in re-inflating the collapsing bubbles, though not for lack of effort. I have faith that the Fed will eventually be successful in doing what it is they are trying to do (inflate the money supply with credit-money through bailouts). More bailouts are coming and not just financial firms, but auto makers, airlines, and other politically connected industrial companies. The lender of last resort is lending their little hearts out, so just give them time. Also I’d guess that another tax/energy/whatever “rebate” check will be sent out in the mail early next year, but this time much larger than the last. Helicopter Ben has only just begun to fight! It will take about 9 to 18 months before we see the fruits of his efforts and the genie of hyper-inflation will be hard to put back in the bottle.

Hobbes was a statist idiot. Try reading Rothbard and Mises for a better philosophy and more clear understanding of the Natural Order.

The economy won’t completely collapse, look at Zimbabwe, it keeps hanging on and our economy is much, much larger. The adjustment will be painful for many of course, especially those holding paper assets and lacking marketable skills. Food and water will not be a problem to get for those with real assets and/or marketable skills. Families, friends and neighbors will have a chance to again supplant the corporate-state institutions that are crumbling as we speak with local networks and age-old social institutions. This is a good thing and the start of a better free-market money system. Gold and silver has always emerged as the most popular commodity-money and will again. Then you will see what "real money" is.
]]> http://seekingalpha.com/article/95496-law-of-supply-demand-is-dead-for-gold-silver?source=feed#comment-256003 256003
Just because you don't understand the math, doesn't mean it doesn't work."

If you don't believe in National Socialist Banking then you're denying scientific progress? Don't understand the math? What a typical pompous socialist comment. If you don't understand the theory then the math is irrelevant. All the accounting tricks in the world can't change the fact that fractional reserve banking is legalized fraud and thus "moral hazard" is inherent in the system. Manipulation of financial markets is the what they do and why they were created in the first place!

Artificial booms created by credit money expansion will lead to real crashes when the malinvestments are exposed: every time. The most intelligent math whiz central planners in the world can't get around the basic calculation problem and all of the idiot formulas in the world can't overcome it in the long run. This goes for central banking as well.

I must admit that the concept of a socialist entrepreneur is creative; a loony contradiction of terms, but creative. Socialists used the USSR, Poland, et al as empirical evidence of the viability of centrally planned (socialist) economies for years; sure they worked right up until they crashed and burned. Pointing out the viability of the Federal Reserve as evidence that central banking “can fly” will turn out the same way. Try reading some Austrian Economics and get back to me when you understand.]]> Tue, 16 Sep 2008 13:01:43 -0400
Just because you don't understand the math, doesn't mean it doesn't work."

If you don't believe in National Socialist Banking then you're denying scientific progress? Don't understand the math? What a typical pompous socialist comment. If you don't understand the theory then the math is irrelevant. All the accounting tricks in the world can't change the fact that fractional reserve banking is legalized fraud and thus "moral hazard" is inherent in the system. Manipulation of financial markets is the what they do and why they were created in the first place!

Artificial booms created by credit money expansion will lead to real crashes when the malinvestments are exposed: every time. The most intelligent math whiz central planners in the world can't get around the basic calculation problem and all of the idiot formulas in the world can't overcome it in the long run. This goes for central banking as well.

I must admit that the concept of a socialist entrepreneur is creative; a loony contradiction of terms, but creative. Socialists used the USSR, Poland, et al as empirical evidence of the viability of centrally planned (socialist) economies for years; sure they worked right up until they crashed and burned. Pointing out the viability of the Federal Reserve as evidence that central banking “can fly” will turn out the same way. Try reading some Austrian Economics and get back to me when you understand.]]> http://seekingalpha.com/article/69710-next-stop-2-000-gold?source=feed#comment-132028 132028
Why? If worthless paper is revealed to be what it truly is then real money also becomes worthless? What about the Euro and other currencies? End of civilization? Wow, that is an indoctrinated world view that totally discounts society as an entity elavating bureaucratic controllers to the status of saviours. When the "full faith and credit of the U.S. government" goes to zero value this great society will be released from the biggest chains ever put on productive people. Thus we will not only survive, but thrive. The whole bunch of political junkies aren't worth saving, its time to take our lumps for being duped and move on. Let free-markets rule, not fools.]]> Wed, 26 Mar 2008 16:55:15 -0400
Why? If worthless paper is revealed to be what it truly is then real money also becomes worthless? What about the Euro and other currencies? End of civilization? Wow, that is an indoctrinated world view that totally discounts society as an entity elavating bureaucratic controllers to the status of saviours. When the "full faith and credit of the U.S. government" goes to zero value this great society will be released from the biggest chains ever put on productive people. Thus we will not only survive, but thrive. The whole bunch of political junkies aren't worth saving, its time to take our lumps for being duped and move on. Let free-markets rule, not fools.]]>