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Jim Myrtle

Jim Myrtle
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  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "Metallic money in co-ordination with an uncontrolled free market is the only proven method of economic operation to prevent that 'mal-investment' from taking form"

    You feel there was no mal-investment, no booms and busts, during our time on the gold standard in the US?
    Feb 1 08:33 AM | 2 Likes Like |Link to Comment
  • Consumer Price Index: Headline Inflation Is Hotter, But Core Remains Well Below Fed's 2% Target [View article]
    "I tend to believe the shadowstats numbers more accurately reflect the rate of inflation. By utilizing the old methods of accounting"

    Shadowstats doesn't use the old methods.
    He collects no data of his own.
    Jan 16 05:13 PM | Likes Like |Link to Comment
  • China Lights, Global Floods, Australian Coal [View article]
    No, travel from northern Europe to Greenland would have nothing to do with the Northwest Passage, but maybe, when Greenland was that much warmer, the Northwest Passage would have been open as well. Don't you think?
    Of course if you think the weather is warmer now than it's ever been, the answer is you don't think. At least not very well.
    Jan 7 05:02 PM | 1 Like Like |Link to Comment
  • China Lights, Global Floods, Australian Coal [View article]
    "The fact that the polar ice caps are melting at an alarming rate, rising seas, and forget that the fabled Northwest passage not all that long ago opened up for the first time in human history"

    And don't forget the Vikings used to have settlements in Greenland 1000 years ago during the MWP. I wonder if the Northwest Passage was open then?

    "but the masses have declared that they don't want global warming and thus is doesn't exist"

    Maybe the masses saw the emails about hiding the decline?
    Jan 7 10:07 AM | Likes Like |Link to Comment
  • China Lights, Global Floods, Australian Coal [View article]
    "the operative principle here is that AGW causes the weather to become more extreme"

    Obviously we need to spend trillions to reduce the temperature in 2075 by 0.2 degrees.

    We could build dozens of nuke plants to produce CO2-free energy instead. Let me know when you get Reid on board with Yucca and Pelosi and Gore to support nukes. In the mean time, drill baby drill.
    Jan 7 09:43 AM | 1 Like Like |Link to Comment
  • China Lights, Global Floods, Australian Coal [View article]
    "California has mandated and will likely achieve 33% of its energy derived from renewables by 2020"

    OMG! That's funny. Only if they learn to extract energy from rainbows and unicorns. That's just what California needs, expensive and unreliable energy. Of course as they drive all industry (and more citizens) out of state, they could produce 33% of the energy a much, much smaller economy needs.

    "As for subsidies, you realize oil is subsidized too?"

    Only if subsidized means heavily taxed.
    Jan 7 09:29 AM | 1 Like Like |Link to Comment
  • China Lights, Global Floods, Australian Coal [View article]
    "If the government were to subsidize with just 1/2 of the tax breaks for big oil and gas"

    The tax breaks that end with taxes three times profits?

    "between 1977 and 2004. During this period, the 29 largest domestic energy firms earned a collective $630 billion after adjusting for inflation. These profits varied dramatically—from a low of $7.9 billion in 1995 to a high of $42.6 billion in 2004—based upon world market demand, supply, and international events.

    In contrast, the taxes paid or remitted by domestic oil companies have been consistently far greater than their profits and now total more than $2.2 trillion (adjusted for inflation) over the past quarter century. The largest share of those taxes is federal and state gasoline excise taxes. In 2004, governments collected $58 billion in gasoline excise taxes. Overall, governments have collected $1.34 trillion in gasoline excise taxes since 1977"

    source www.taxfoundation.org/...
    Jan 7 09:23 AM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    Yeah, Americans (and Canadians too?) who aren't saving nearly enough for retirement should send the government a big check just so they can buy silver (and crash JPM!). What a joke.
    Jan 3 10:26 AM | 1 Like Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    Yeah, he's a little nutty.
    Some of his YouTube postings are hilarious.
    Telling people to cash out of their 401Ks and IRAs, pay a huge penalty to buy silver. Irresponsible.
    Jan 2 11:18 PM | 1 Like Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    FDR managed to outlaw private ownership and change the price of gold how many times while we were on the gold standard?
    Dec 29 10:49 PM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "If currency is not backed by precious metals it gives government/bankers unlimited power over money supply"

    Even when it's backed by gold, government still has power over money supply.
    Dec 29 08:26 PM | Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    "now that's just willfully ignorant"

    You don't think we elect Congress every 2 years and the President every 4?

    "I seem to remember millions of people calling their senators to prevent the bailouts to no avail"

    So? We don't have a direct democracy.

    "but like I said, willfully ignorant, you don't want to know..."

    What do you imagine it is that I don't want to know?
    Dec 29 09:26 AM | Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    Yes, I'm aware that people do stupid things like carry a balance at 29%.
    Or vote for Obama.
    Dec 29 09:23 AM | 1 Like Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    I haven't carried a CC balance for at least 10 years.
    Dec 29 12:16 AM | Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    Who loans money at 0.5% to borrow at 29%?
    Sounds like an Obama voter.
    Dec 28 11:13 PM | 1 Like Like |Link to Comment
COMMENTS STATS
969 Comments
639 Likes