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frdm45

frdm45
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  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    Oh, and if anyone has doubts whether the Oligarchy exists and its control over the corporate media, all you have to do is watch their reaction to Judge Napolitano's great speech - he was fired, for calling it like it is:

    http://bit.ly/zDvrXP

    .
    Feb 21, 2012. 07:44 PM | 2 Likes Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    So gold does have utility!
    Feb 21, 2012. 07:42 PM | 1 Like Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    Wow MaxPSA, I just counted 18 comments so far on an investment thesis you are against. I'd hate to see how many comments you'd have on an investment you were actually in to! So you are just an altruistic soul trying to educate your fellow man on the evils of gold?

    I just have one question for you MaxPSA, do you get paid by the word, the comment, or by the hour?

    Sock puppets exist, the Oligarchy has a hugely vested interest in seeing gold supressed and the US dollar boosted, the only question is which personalities on here are real and which are sock puppets just spouting off some agenda.

    http://bit.ly/xN23VD

    http://bit.ly/xjI1bX

    http://bit.ly/z7HheX
    Feb 21, 2012. 07:38 PM | 1 Like Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]

    As I said above, if gold has no utility, why was it confiscated in the 1930's by the government? Why is it the number one asset owned by many centrals banks? Why was it recognized by as money by almost every society over the past 5000 years?

    Here are some attributes sound money must have:

    1. Durability
    2. Portability
    3 Divisibility and consistency
    4. Recognizability
    5. Scarcity


    Gold has all these attributes. Unfortunately the US dollar lacks number 5. The collectibles and art you mention above are lacking many of the qualities of money, hence completely irrelevant to my argument and known as a "straw man logical fallacy":

    "This is the fallacy of refuting a caricatured or extreme version of somebody's argument, rather than the actual argument they've made. Often this fallacy involves putting words into somebody's mouth by saying they've made arguments they haven't actually made, in which case the straw man argument is a veiled version of argumentum ad logicam."

    Here are some links about the Oligarchy which controls the US, it is not a theory, it is a fact, but most sheeple don't realize it, because the Oligarchy controls the MSM:

    http://bit.ly/zbuORf

    http://bit.ly/x7F40R

    http://nyti.ms/Ayc48Q

    And this is why they hate gold:

    "Paper money works great for the rich, who can hedge their exposure to the currency and whose access to fixed-rate credit allows huge asset purchases. But it is horrible for the middle class, whose wages do not keep pace with declines in purchasing power caused by inflation. If you want to know why there’s so much discrepancy in incomes and per-capita wealth in the U.S., look no further than paper money."

    "The answer is because paper money allows the wealthy and powerful vested interests in our economy to manipulate interest rates, prices, the money supply, and credit to their exclusive advantage."

    http://bit.ly/xxYWUW

    http://bit.ly/tVyB5V

    http://bit.ly/A8Fo0E

    All fiat currencies in history have failed. Gold has never failed. You stick to paper, I'll stick to gold.
    Feb 21, 2012. 07:06 PM | 1 Like Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    No MaxPSA, we like to hear actual arguments pro/con gold, not scaremongering, ad hominem attacks, revisions to history, and logical fallacies.

    And we do have a right to question why people who profess to hate gold turn around infest articles on gold, seem to obsess about it, stalk and insult other posters who support gold.

    After all, not many of us like JPM, but you won't find us infesting JPM blogs trying to convince all the pro-JPM posters that JPM is bad. We might post the ocassional comment, but how many comments have you posted in this one article? 15?

    The ocassional anti-gold comment I can understand, but I think to try and rebut almost every point in a multitude of articles on a subject one claims to not like, one is either one of the most altruistic people out there trying to help his fellow man.... or I'll let people draw their own conclusions.
    Feb 21, 2012. 06:32 PM | 2 Likes Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    Yes, that's why they confiscated it in the 1930's and why it is the main asset of most central banks. No utility at all. Tradition! MaxPSA, I guess you missed that class in sock puppet school, the "no utility" troll argument is so 2009.

    Meanwhile, back at the ranch, US debt to GDP finally exceeded 100%. Happy day!

    http://bit.ly/x3k9nD

    .
    Feb 21, 2012. 06:18 PM | Likes Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    Just read this MaxPSA and get a clue:

    http://read.bi/wSLFVu

    This person has much more credibility than you.

    We are not brainwashed sheep here and most don't even watch the bought and paid for corporate media. So either educate yourself or take your disinformation elsewhere.
    Feb 21, 2012. 11:09 AM | 1 Like Like |Link to Comment
  • Silver Could Double By Year's End [View article]
    It will happen Charles, but when most of us are long retired or dead, and I'm speaking from having experience in the mining industry. The AVERAGE underground mine has myriad problems, look at the recent closures of the producing Goldex and Lucky Strike Mines. Combine the problems the average mine has with problems of huge pressures, depth, ocean currents, ocean storms, environmental issues. Undersea mining will not be a factor this decade.
    Feb 21, 2012. 10:44 AM | 1 Like Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    Oh, another person who likes to throw around the phrase "conspiracy theory"!

    Does using that term help you win arguments by belittling your opponents? So no conspiracies have ever existed? Okay..............

    Instead of spouting vacuous ad hominem arguments, why don't you read the book "Oligarchy" by Jeffery A. Winters that details the various Oligarchies that were fact throughout history? Or read this article:

    http://bit.ly/x7F40R

    So you are saying because I can't name someone in the US Oligarchy it doesn't exist? So following that reason, because I can't name someone from the Russian Mafia, the Chinese Triads, or even a Mason Grand Master that they don't exist either?
    Feb 21, 2012. 10:32 AM | 1 Like Like |Link to Comment
  • Silver's Potential Big Move: An Update [View article]
    Thanks Avi for the clarification.
    Feb 20, 2012. 12:04 PM | 1 Like Like |Link to Comment
  • Silver Could Double By Year's End [View article]
    Thanks indianamark. There are so many cases one can bring up, like Fluoride, artificial sweeteners, BP-A etc etc, but I just wanted to bring up the ones that were incontrovertible so as not to start any sideline debates.
    Feb 20, 2012. 12:01 PM | 1 Like Like |Link to Comment
  • Silver Could Double By Year's End [View article]
    Thank you Marco, that means a lot to me coming from you! Speaking from experience, I just hate to see newbies get messed up trying to time the market, when that is even tough for the older hands!

    Love your blog:

    http://bit.ly/totIW0

    for those of you that haven't seen it.
    Feb 20, 2012. 11:50 AM | 2 Likes Like |Link to Comment
  • Silver's Potential Big Move: An Update [View article]
    Thanks for the info Avi.

    I'm curious, I see you are playing SLV, do you see silver as just a trade, or a safe haven/protection against fiat debasement/opportunity of a lifetime? Most who agree with the former are just playing SLV, most who believe in the latter are buying quite a bit of physical silver which is under their own control, and playing some silver miners. Do you buy physical silver as well and dabble in the silver miners?

    I apologize if you have answered these questions before, and if so please feel free to just link me to the relevant articles/posts.
    Feb 20, 2012. 10:22 AM | 3 Likes Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    I just came upon an article which made me realize how much as a Canadian I have been brainwashed. It's great to be over 40 realize you don't know everything - humility is important.

    I just watched this great video on the different forms of government. To Americans who are better versed with their own political system this will come as no surprise, but to me it did. The conclusion is a republic is the best form of government, not the mob rule of a democracy (which we have in Canada):

    http://bit.ly/AtWGSc

    Of course it is clear to many paying attention that since the inception of the FED or even before that the US has increasingly been ruled by an Oligarchy, and the Republic is quickly disappearing.
    Feb 20, 2012. 10:08 AM | 3 Likes Like |Link to Comment
  • Respectfully Disagreeing With Buffett's Recent Views On Gold [View article]
    You're right Charlie, context is key.
    Feb 20, 2012. 09:56 AM | Likes Like |Link to Comment
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