JoeSixPack

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

Interesting article. One comment. One big difference is that the Mark was not the resrve currency of the world.

Is the Old Gold/Silver Ratio of 16 Still Alive Today?

NIce article, thanks!

The question becomes witll the ratio narrow by silver increasing in price, gold decreasing, or both?

On the Road: The Dollar, Interest Rates, and Gold

One wonders if the collapsed $1 QUADRILLION derivatives bubble may play a part in all this?

U.S. Mint Actions Discourage Gold Ownership

Keep in mind, the gold in Fort Knox is on the books at $42/ounce. They could sub out fabrication of the blanks from this gold and have plenty of margin.

As to the volumes- it is not as easy as turning a knob to double production.


On Jan 23 10:04 AM Smarty_Pants wrote:

> In their defense, US law does require the mint to use gold mined
> in the US for its coins. Given the high demand for gold coins and
> the large premiums, any new blanks which become available are probably being purchased by private concerns at prices above what the Mint is allowed to pay, leaving the Mint with a much smaller working supply of blanks.


>
> 2008 = 860,500 oz
> 2007= 198,500 oz
> 2006 = 261,000 oz
> 2005 = 449,000 oz
> 2004 = 536,000 oz
> 2003 = 484,500 oz
> 2002 = 315,000 oz
> 2001 = 325,000 oz
> 2000 = 164,500 oz
> 1999 = 2,055,500 oz
> 1998 = 1,839,500 oz
> 1997 = 771,250 oz
> 1996 = 275,000 oz

U.S. Mint Actions Discourage Gold Ownership

Welcome to the Gold-Dollar Bifurcation

Welcome to the Gold-Dollar Bifurcation.
Just in time for the Obama administration.
Competition for the dollar.
This ought to cause the Fed to holler!

Welcome to the Gold-Dollar Bifurcation.
A new trend is in formation.
Shiny beats empty, and the financial systems goin' down.
If you got gold or silver, you're goin to town!

Welcome to the Gold-Dollar Bifurcation.
Derivatives implosion lead to dollar's deprecation.
Markets down, and bonds collapse.
The world's current financial system will lapse and pass.

Gold Price and the Money Supply

How about the white elephant in the financial system: Derivatives Collapse.com

(the $1/2-1 QUADRILLION derivaties bubble).


On Dec 02 07:20 AM Roger Knights wrote:

> That last paragraph, and those last sentences, were surprising in
> the context of the rationalism that had preceded them, and indicate
> a wholesome respect for a possible black swan on the horizon.

High Premiums on Silver? Better to Buy Gold

Keep in mind that the high premiums are influenced by Microsoft's Cash back program (25% cash back, recently increased to 30%). Most sellers on ebay price this in. For gold on ebay the effect is less, because there is an upper limit of $200 per transaction.

Gold Bugs Beware

"New Demand"

Saudi Arabia is buying and China plans to buy gold. A good start.