jetsby10's Comments jetsby10's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/179258/comments Inflation: Demand Destruction and Wealth Erosion Trump Money Growth http://seekingalpha.com/article/121833-inflation-demand-destruction-and-wealth-erosion-trump-money-growth?source=feed#comment-415939 415939 > of history; else it would be $2500+ today."

History didn't start on the day you were born. Maybe you check the 4000 years before you were born.]]>
Fri, 06 Mar 2009 10:58:03 -0500 > of history; else it would be $2500+ today."

History didn't start on the day you were born. Maybe you check the 4000 years before you were born.]]>
Gold: The Only Remaining Bubble? http://seekingalpha.com/article/121250-gold-the-only-remaining-bubble?source=feed#comment-393915 393915 Wed, 18 Feb 2009 14:41:06 -0500 Analysts Are Bullish on Gold: Should You Be Worried? http://seekingalpha.com/article/108983-analysts-are-bullish-on-gold-should-you-be-worried?source=feed#comment-393803 393803
they came down to finish at a 1000% gain. Oh the horror.]]>
Wed, 18 Feb 2009 13:37:19 -0500
they came down to finish at a 1000% gain. Oh the horror.]]>
Deflation, Monetary Velocity, and Why Gold's a Buy http://seekingalpha.com/article/107478-deflation-monetary-velocity-and-why-gold-s-a-buy?source=feed#comment-387168 387168 Fri, 13 Feb 2009 11:03:35 -0500 How the Treasury Bubble Will Burst and Why http://seekingalpha.com/article/115284-how-the-treasury-bubble-will-burst-and-why?source=feed#comment-360076 360076 Mon, 19 Jan 2009 14:18:52 -0500 Gold Loses Its Shine http://seekingalpha.com/article/114319-gold-loses-its-shine?source=feed#comment-353549 353549
Or maybe they've just answered it and you've never listened. It's rare, it's shiny, it's divisible, it served as money for thousands of years, it can't be counterfeited.

"If you need to invest in a commodity, why not skip this middle step and buy oil and corn as opposed to gold?"

Not bad advice. On the flip side, those are paper promises as well. If you want the real stuff, you would be hard pressed to store enough of it in your house. Maybe you should research what the function and purposes of money are. ]]>
Mon, 12 Jan 2009 13:24:26 -0500
Or maybe they've just answered it and you've never listened. It's rare, it's shiny, it's divisible, it served as money for thousands of years, it can't be counterfeited.

"If you need to invest in a commodity, why not skip this middle step and buy oil and corn as opposed to gold?"

Not bad advice. On the flip side, those are paper promises as well. If you want the real stuff, you would be hard pressed to store enough of it in your house. Maybe you should research what the function and purposes of money are. ]]>
Gold/Silver Ratio Is High, But It's Been Higher http://seekingalpha.com/article/113802-gold-silver-ratio-is-high-but-it-s-been-higher?source=feed#comment-350020 350020 Thu, 08 Jan 2009 15:00:45 -0500 Gold's Not the Best Investment in Inflationary Times http://seekingalpha.com/article/113502-gold-s-not-the-best-investment-in-inflationary-times?source=feed#comment-347729 347729
So tell me, why what the hell was with those recessions in the 70s while we had "runaway inflation"? ]]>
Tue, 06 Jan 2009 14:34:53 -0500
So tell me, why what the hell was with those recessions in the 70s while we had "runaway inflation"? ]]>
Is It Time to Buy Gold? http://seekingalpha.com/article/109400-is-it-time-to-buy-gold?source=feed#comment-321719 321719 Fri, 05 Dec 2008 11:28:01 -0500 Dow Will Equal Gold in 2009 http://seekingalpha.com/article/109162-dow-will-equal-gold-in-2009?source=feed#comment-320877 320877 Thu, 04 Dec 2008 12:33:20 -0500 Being Wrong for Five Years Makes Peter Schiff Right Now? http://seekingalpha.com/article/106824-being-wrong-for-five-years-makes-peter-schiff-right-now?source=feed#comment-314783 314783 Tue, 25 Nov 2008 13:27:25 -0500 Being Wrong for Five Years Makes Peter Schiff Right Now? http://seekingalpha.com/article/106824-being-wrong-for-five-years-makes-peter-schiff-right-now?source=feed#comment-314759 314759 Tue, 25 Nov 2008 13:09:48 -0500 Five Questions on Gold for the House Banking Committee http://seekingalpha.com/article/107299-five-questions-on-gold-for-the-house-banking-committee?source=feed#comment-311836 311836
if I had a farm full of food, I would certainly trade it for some gold. An acre of land can produce thousands of pounds of berries. That's more than anyone can eat. What's a farmer to do? Sell it! Right now you barter for dollars. If the dollar gets creamed, you barter for gold/silver or you just barter by trading. It's obvious you would prefer to just barter with no money. I suggest you talk to someone who's lived through hyperinflation. I know 2 people who have. 1 from Bulgaria and another from Argentina. While it's great that you stocked up on food, it wouldn't hurt you to have some real precious metals in your pocket. The world does not end when your currency collapses. In fact, a black market forms for foreign currencies and the currency that has survived for 5000 years, gold.]]>
Fri, 21 Nov 2008 12:23:30 -0500
if I had a farm full of food, I would certainly trade it for some gold. An acre of land can produce thousands of pounds of berries. That's more than anyone can eat. What's a farmer to do? Sell it! Right now you barter for dollars. If the dollar gets creamed, you barter for gold/silver or you just barter by trading. It's obvious you would prefer to just barter with no money. I suggest you talk to someone who's lived through hyperinflation. I know 2 people who have. 1 from Bulgaria and another from Argentina. While it's great that you stocked up on food, it wouldn't hurt you to have some real precious metals in your pocket. The world does not end when your currency collapses. In fact, a black market forms for foreign currencies and the currency that has survived for 5000 years, gold.]]>
Surprising Call for Return to the Gold Standard http://seekingalpha.com/article/106729-surprising-call-for-return-to-the-gold-standard?source=feed#comment-309854 309854
we weren't on a gold standard in 1929. The government printed way more bills than gold they had to back it. That's called abandonment of the gold standard and it was the primary cause of the Roaring 20s stock market bubble. When people realized this, they tried turning in their cash for gold and the government said no. They then reset the price of gold to $35. That's not a gold standard. Had they not printed any additional bills that they had no gold to back with, there would have been no stock market bubble in the 20s. ]]>
Wed, 19 Nov 2008 10:47:26 -0500
we weren't on a gold standard in 1929. The government printed way more bills than gold they had to back it. That's called abandonment of the gold standard and it was the primary cause of the Roaring 20s stock market bubble. When people realized this, they tried turning in their cash for gold and the government said no. They then reset the price of gold to $35. That's not a gold standard. Had they not printed any additional bills that they had no gold to back with, there would have been no stock market bubble in the 20s. ]]>
Gold and Silver Are Not Proven Inflation Hedges http://seekingalpha.com/article/105777-gold-and-silver-are-not-proven-inflation-hedges?source=feed#comment-305303 305303 Thu, 13 Nov 2008 12:56:28 -0500 Attention Gold Bugs: Hyperinflation or Deflation? http://seekingalpha.com/article/105823-attention-gold-bugs-hyperinflation-or-deflation?source=feed#comment-305097 305097 Thu, 13 Nov 2008 10:33:05 -0500 Attention Gold Bugs: Hyperinflation or Deflation? http://seekingalpha.com/article/105823-attention-gold-bugs-hyperinflation-or-deflation?source=feed#comment-305071 305071 Thu, 13 Nov 2008 10:21:16 -0500 Gold: Protect Yourself from Future Inflation http://seekingalpha.com/article/105031-gold-protect-yourself-from-future-inflation?source=feed#comment-304178 304178
Jesus, you could figure this stuff out googling his name.


On Nov 12 12:20 PM raytayzmd wrote:

> I am so sick of hearing about Jim Rogers and his opinions...does
> he manage any funds where we can document his performance?...none
> that I know of...does he publish his brokerage statements to verify
> the trades he claims to be making?...I haven't seen any...the guy
> made his money with Soros thirty some years ago and then retired...for
> all anyone knows he may have done nothing more than Robert Precther
> who made a few million trading twenty years and then parked it in
> treasury bills and who since then hasn't been right about much of
> anything...]]>
Wed, 12 Nov 2008 12:32:49 -0500
Jesus, you could figure this stuff out googling his name.


On Nov 12 12:20 PM raytayzmd wrote:

> I am so sick of hearing about Jim Rogers and his opinions...does
> he manage any funds where we can document his performance?...none
> that I know of...does he publish his brokerage statements to verify
> the trades he claims to be making?...I haven't seen any...the guy
> made his money with Soros thirty some years ago and then retired...for
> all anyone knows he may have done nothing more than Robert Precther
> who made a few million trading twenty years and then parked it in
> treasury bills and who since then hasn't been right about much of
> anything...]]>
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303998 303998 Wed, 12 Nov 2008 10:18:17 -0500 Some Good Finance News: The Savings Rate is Rising http://seekingalpha.com/article/103496-some-good-finance-news-the-savings-rate-is-rising?source=feed#comment-303246 303246 Tue, 11 Nov 2008 14:52:08 -0500 Jim Rogers on China and Commodities http://seekingalpha.com/article/104110-jim-rogers-on-china-and-commodities?source=feed#comment-303238 303238 Tue, 11 Nov 2008 14:47:56 -0500 Gold Price Continues Its Slide http://seekingalpha.com/article/102616-gold-price-continues-its-slide?source=feed#comment-294285 294285 Thu, 30 Oct 2008 11:11:29 -0400 Gold ETF Reaches One Dollar Per Tonne http://seekingalpha.com/article/101393-gold-etf-reaches-one-dollar-per-tonne?source=feed#comment-288690 288690 Thu, 23 Oct 2008 11:02:00 -0400 Home Ownership: The Ideal That Refuses to Die http://seekingalpha.com/article/99076-home-ownership-the-ideal-that-refuses-to-die?source=feed#comment-279141 279141 Fri, 10 Oct 2008 13:29:31 -0400 Real Price of Gold Soars http://seekingalpha.com/article/98935-real-price-of-gold-soars?source=feed#comment-277771 277771 Thu, 09 Oct 2008 11:30:46 -0400 Hank Paulson: Leading Us to the Next Bull, Soon http://seekingalpha.com/article/96113-hank-paulson-leading-us-to-the-next-bull-soon?source=feed#comment-268473 268473 Mon, 29 Sep 2008 11:31:57 -0400 It's the End Of the World As We Know It and I Own Gold http://seekingalpha.com/article/97318-it-s-the-end-of-the-world-as-we-know-it-and-i-own-gold?source=feed#comment-264969 264969 Thu, 25 Sep 2008 13:00:32 -0400 Why I Got Gold Wrong http://seekingalpha.com/article/96689-why-i-got-gold-wrong?source=feed#comment-261969 261969 Mon, 22 Sep 2008 18:52:11 -0400 Gold May Not Be Just Another Commodity Anymore http://seekingalpha.com/article/95974-gold-may-not-be-just-another-commodity-anymore?source=feed#comment-258192 258192 Thu, 18 Sep 2008 13:35:19 -0400 Gold May Not Be Just Another Commodity Anymore http://seekingalpha.com/article/95974-gold-may-not-be-just-another-commodity-anymore?source=feed#comment-258120 258120 Thu, 18 Sep 2008 12:41:32 -0400