surferonice

The End of Gold, Part Two

this guy hasen't a clue of what inflation stems from. Sorry but falling future commodity prices has nothing to do with inflation of the money supply. We do however have a serious short supply of constitutional money.

How Inflation Became the Good Guy

Deflation is a great thing for savers that have jobs. Deflation happens when you produce enough of something to make it economical to lower the price so that you can sell more of the something.
Deflation does not happen to products or services that are short in supply or are faceing an extinction of product or service due to unmanageable depletion of product or need for service.
Only government authoraties can cover up reality through mass media exposure.Or manipulate otherwise intelligent individuals with bribes of optimistic babble.
Deflations are caused by caution of the masses. A paranoid outlook of life in general brought on by circumstances not under any particular goup or persons in authorative control. Just happenstance if you will.AS far as the physical world is concerned, deflationary depressions cannot happen unless they are engineered and controled by authoratarian regiems with a quest for power weather it be rightous indignation or not. In fact Inflations cannot occurr either for the same reasons. However the ups and downs in prices are rather normal reality in a free market economy. Shortages and oversupply happens naturally.And without any help at all will disappear unless a power structure interferes with human activity to the degree that those humans are coherced into accepting someone elses rightous forsight into the future they would like to enjoy rather than recognize real change as frightening as it might be.
Therefore any group,club,political concern not in the business to produce services or products should stay the hell out of the markets and do their job defending those that do produce.These people in a real economy would be protectors
Looking out in the future you can see the Globalist point of view.One government, one currancy, and one protection team.Also you can see the problems. No one wants a big brother at least not one sticking his nose in your soup bowl. Therefore we have borders. They start with your own personal body and work up to large populations of the same culture in one area.
Course anyone who studies animals knows that.

Deep in D: The Deflation Battle Rages On

Personally I need food, water, and energy. So inflation in prices and services for such are higher due to fed printing of money. And gold is lower due to fed manipulation with that printed money interfering in a free market environment. If I had access to free unlimited amount of money,I could drive the paper market of anything down as far as I want to.So could most high school grads.


On Jan 16 01:17 PM BS Detector wrote:

> "For the first time since 1955, the consumer price index fell on
> a year-over-year basis. Last month's seasonally adjusted CPI slipped
> 0.1% for the 12 months through December, the Labor Department reports.
> On a monthly basis, the decline in CPI is more pronounced, falling
> by 0.7% last month--the third straight monthly decline."
>
> This reads awfully dire - perhaps intentionally so. Because you start
> off by highlighting these statistic, and you end by saying that in
> some part because the big declines due to energy are behind us deflation
> isn't a big worry. But you intentionally leave out perhaps the most
> important stat from the Labor report: price change for all items
> less food and energy. How did that fare?
>
> 0.0% change in December
> 1.8% change year-over-year
>
> The stats were right there. Don't bury your lead.

Gold Breakdown

Your right Chang, gold is just a commodity. A commodity like any other which is measured in a specific weights and measures catagory as any commodity is measured in except paper money which is not a commodity measured in anything but what your authoraties tell you it is worth through your Banking system which is controlled by THEN AGAIN your authoraties who do not have another job they could do well without a banker determining their needs for them.Bankers have good hearts for the needy. Knowing full well that payment comes back to them many times over if they just create enough of that credit. Why anyone would want to own gold under a system that confiscates values on the whim of any political premise is beyond my comprehension. Why anyone would want lower prices in things and money is just beyond my brain power.If you can't save because your confiscators control you why would you want something like gold money? Best to just DIDDLE around and ride the wave of communism. Much simpler and a whole hell of a lot less dangerous,don't you think?


On Jan 15 10:08 AM Chang wrote:

> You folks are funny. Yes, gold is manipulated. Yes, it is going down
> ($500, minimum). Just look around you at ALL the commodities, almost
> all of them have been slashed by at least 50%, do you really think
> gold is any different? Its not.
> I agree, the lines on the chart are not parallel, maybe we should
> chip in and get him some glasses and a ruler. LOL!!!!

Gaza War: Expect a Spike in Oil, Gold

I don't know about expectations of inflation. I look at facts of inflation. Wages are riseing. Minumum wage which is a joke is riseing . My ad in the paper for Services was raised this week. My car insurance rose for no apparent reason on driving habits. They want to raise my property tax.The latter is the best reason to expect inflation.People are not paying their credit cards off as expected,(lost jobs) traffic has picked up again,Bailing out state governments like california which is a nation in itself along with detroit autocrats is an obvious waste of time.Holding up home prices is a joke.Land prices is what is being held up.That way property tax can be raised. Homes can be built cheaply if you get rid of fees to build one. IE==liscened building contractor paper pushers,State inspectors,Architechur... salesmen,If you think these people have done anything for your wealth,your in sad denial.
See most people are non trusting of other people who don't play in the establishment's spiraling pryramid taxing schemes.They're dept leveraging games and politically correct B S.
There for long ago the media ran these normal non tax paying, work under the table,basically honest folks off their conservative non wasteing ass out of work unless they bought into the system of socially appropiate liscened slaves to a fiat money system.If your a hard worker your penalized if you work unliscened and don't pay the homey down the street.Your irresponible low life scabs who have no business wreaking a perfectly set up leveraged pryramid scheme.Your white trash,black trash,and brown trash,in the eyes of your establishment's law's of the day.
In reality your UTOPIA has a huge BLACK hole in it.And it is deflating rapidly.
This is why bankers hate goldbugs.Bankers use calculus and goldbugs use addition and subtraction. When reality bites you in your ass you cover it. Back to the beginning before calculus you must use addition and subtraction. One ounce of gold= 31.1 grams=480 grains.
There are about 2.4 trillion grains of gold in the world. How many dollars do we have in the treasury?

Pengrowth Energy, Gold Miners ETF: Value in Commodities

On Jan 02 02:22 AM sammy so wrote:

> There is a discrepancy between the price of gold (GLD) and the gold
> mining stocks (GDX). Gold is up 25% over the last 3 months while
> gold miners are up 100%. Something has to give and I bet that the
> gold mining stocks (GDX) will move down in the near term. I think
> Russia has to sell a lot of gold to support the currency because
> they are not earning the foreign currency they need.

Sell a lot of gold to support the currancy?

The Intrinsic Value of Gold

I like the one about gold and banana's.LOL. However I did not see anyone mention here that the amount of gold in the USA is never determined in these monatary to gold calculations. Rather it is the amount of gold in the world that someone wants to enter as relevant to calculating a nation's currancy value. 4.4 to 5 billion ozs of gold in the world and only half known to be in any kind of money form for exchange. Mines shutting down.Exploration shutting down.As far as I know there is only about 250 million ozs of gold in the USA .Maybe a little more outside the USA in different accounts here and there.

The Gold to Oil Ratio Does Matter

that is why silver and gold are the only money the constitution allows to be distributed by the states to its people.When economies collapse gold rises and falls depending on the demand for money which is gold and silver.The recap of the metals in paper is determined by the free market. When Roosevelt capped the price he destroyed the economy. Course most don't want to agree to that since most rich people own all the gold anyway and are largely not known. The fear of not knowing where real money is hiding is what starts wars. Not paper games.Tradeing food for oil works as long as gold is used to determine value by its wieght to energy.Sorry but that is reality.Do not let your leaders take your gold.Or you will not be able to pay their wages nor anyone else's


On Dec 30 09:19 PM R Jensen wrote:

> "The silver (SLV) to oil ratio is not nearly as extreme as gold to
> oil but silver will most likely follow gold, either up or down, at
> a faster rate of change."
>
> Interestingly, back in 1964, a gallon of gas was around a quarter
> (of a US dollar).
>
> If you have a 1964 quarter, you can still buy roughly a gallon of
> gas with it. That's because quarters previous to 1965 are 90% silver.

Soaring Silver, Stalling Gold

800 million silver oz's versus 100 million gold oz's produced per year and going down possibly soon.That to me is an 8-1 ratio. Currantly an 80 to one ration exists. If you believe that gold will crash to 100 an oz or so then I suppose you could believe Oil in the ground is infinite. If you believe that your government does not lie to you daily you could believe that your logical mathematical commonsense makes no difference eventually.
We shall see who can add and subtract eventually.