Manana1's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/3355721/comments http://seekingalpha.com/article/653781/comments?source=feed#comment-6539891 6539891 Mon, 18 Jun 2012 15:21:10 -0400 http://seekingalpha.com/article/653941/comments?source=feed#comment-6424641 6424641
There is a difference between monetary inflation/deflation and asset inflation/deflation. They are far from the same, if you cut the money supply by 50% and corn still doubles because of a drought or a war cutting off the supply of your import of corn, was it inflation or deflation?

Brittain was also the world economic superpower of that time and again gold is not a cure for recessions, only in keeping value in an exchange constant over the years.]]> Thu, 14 Jun 2012 13:02:22 -0400
There is a difference between monetary inflation/deflation and asset inflation/deflation. They are far from the same, if you cut the money supply by 50% and corn still doubles because of a drought or a war cutting off the supply of your import of corn, was it inflation or deflation?

Brittain was also the world economic superpower of that time and again gold is not a cure for recessions, only in keeping value in an exchange constant over the years.]]> http://seekingalpha.com/article/655311/comments?source=feed#comment-6363321 6363321 Tue, 12 Jun 2012 22:10:57 -0400 http://seekingalpha.com/article/653941/comments?source=feed#comment-6359971 6359971
Yes indeed, central banks act as the dealers at this game. Your thoughts are good.]]> Tue, 12 Jun 2012 19:12:32 -0400
Yes indeed, central banks act as the dealers at this game. Your thoughts are good.]]> http://seekingalpha.com/article/653941/comments?source=feed#comment-6359911 6359911
Gold simply needs to be the anchor of a currency's valuation in order to provide stable money. Furthermore gold standards are not simply created or decided by a group of lobbyists, politicians or bankers. The market chooses. This is nothing new, and it isn't an end of world event.

It is amazing how much "hype" this topic receives from both sides of the common argument and understanding. Both drawing from a short view of history and the impracticality of idealism that gold will solve all problems or fiat can effectively be managed by politicians.]]> Tue, 12 Jun 2012 19:09:32 -0400
Gold simply needs to be the anchor of a currency's valuation in order to provide stable money. Furthermore gold standards are not simply created or decided by a group of lobbyists, politicians or bankers. The market chooses. This is nothing new, and it isn't an end of world event.

It is amazing how much "hype" this topic receives from both sides of the common argument and understanding. Both drawing from a short view of history and the impracticality of idealism that gold will solve all problems or fiat can effectively be managed by politicians.]]> http://seekingalpha.com/article/654431/comments?source=feed#comment-6359681 6359681 Tue, 12 Jun 2012 19:01:04 -0400 http://seekingalpha.com/article/653941/comments?source=feed#comment-6357591 6357591
As you say gold was used to "fool" the public into accepting Fiat. Though it evolved naturally from gold receipts and later was seen by "opportunistic" gov't and goldsmiths as a means to spend much more than you had and was the birth of modern day fractional reserve lending.

Though I think you are right that many dealers in precious metals gladly support deteriorating economic conditions as a selling point for their precious metals. I would view gold as a constant rather than an investment for seeking appreciation. The better "hedge" against inflation is cash flow, no matter what form it flows in, it will flow.]]> Tue, 12 Jun 2012 17:46:32 -0400
As you say gold was used to "fool" the public into accepting Fiat. Though it evolved naturally from gold receipts and later was seen by "opportunistic" gov't and goldsmiths as a means to spend much more than you had and was the birth of modern day fractional reserve lending.

Though I think you are right that many dealers in precious metals gladly support deteriorating economic conditions as a selling point for their precious metals. I would view gold as a constant rather than an investment for seeking appreciation. The better "hedge" against inflation is cash flow, no matter what form it flows in, it will flow.]]> http://seekingalpha.com/article/653941/comments?source=feed#comment-6355601 6355601 Tue, 12 Jun 2012 16:58:10 -0400 http://seekingalpha.com/article/653941/comments?source=feed#comment-6355451 6355451
Gold or any other form of money is meant to hold wealth/value in an exchange. If the Shoemaker exchanged his shoes for any form of money and the baker did the same with his bread. The shoemaker could continue to buy bread with his "money" even when no shoes are being demanded because he was able to store his value in the trade. Simple application but the premise is the same.

Gold merely is the most stable form of "money" nothing more, nothing less. It is not a super currency or a world cure for recessions. Merely a way to store your wealth/value in a trade. Simply replace dollars with gold backed dollars so that they maintain a constant value as a medium of exchange.]]> Tue, 12 Jun 2012 16:55:10 -0400
Gold or any other form of money is meant to hold wealth/value in an exchange. If the Shoemaker exchanged his shoes for any form of money and the baker did the same with his bread. The shoemaker could continue to buy bread with his "money" even when no shoes are being demanded because he was able to store his value in the trade. Simple application but the premise is the same.

Gold merely is the most stable form of "money" nothing more, nothing less. It is not a super currency or a world cure for recessions. Merely a way to store your wealth/value in a trade. Simply replace dollars with gold backed dollars so that they maintain a constant value as a medium of exchange.]]> http://seekingalpha.com/article/653941/comments?source=feed#comment-6355021 6355021
Economic prosperity can be broken down in to two categories, stability of money and taxes. Stable money and low taxes have been the backbone of all major economic advances throughout time. It is a fact that gold as money has been the most stable money throughout time. Doesn't mean recessions don't happen under a gold standard.]]> Tue, 12 Jun 2012 16:42:49 -0400
Economic prosperity can be broken down in to two categories, stability of money and taxes. Stable money and low taxes have been the backbone of all major economic advances throughout time. It is a fact that gold as money has been the most stable money throughout time. Doesn't mean recessions don't happen under a gold standard.]]> http://seekingalpha.com/article/654431/comments?source=feed#comment-6354671 6354671
ABT, ADP, BCR, DOV, KO, LLY]]> Tue, 12 Jun 2012 16:32:44 -0400
ABT, ADP, BCR, DOV, KO, LLY]]> http://seekingalpha.com/article/653781/comments?source=feed#comment-6353891 6353891
Continued bailouts in the EU will likely continue as the problem is systemic throughout the entire block and fundamentally inevitable.]]> Tue, 12 Jun 2012 16:14:57 -0400
Continued bailouts in the EU will likely continue as the problem is systemic throughout the entire block and fundamentally inevitable.]]> http://seekingalpha.com/article/654231/comments?source=feed#comment-6353511 6353511 Tue, 12 Jun 2012 16:05:32 -0400 http://seekingalpha.com/article/652501/comments?source=feed#comment-6351061 6351061
Recapturing and maintaining above 1330 SPX paints a very bullish technical picture and will solidify support under the market. Major supply has been put in around SPX 1380 so there is plenty of room to move higher if short term resistance is overcome.]]> Tue, 12 Jun 2012 15:06:32 -0400
Recapturing and maintaining above 1330 SPX paints a very bullish technical picture and will solidify support under the market. Major supply has been put in around SPX 1380 so there is plenty of room to move higher if short term resistance is overcome.]]> http://seekingalpha.com/article/653101/comments?source=feed#comment-6351051 6351051
The daily reckoning had an adaptation on the "permanent portfolio" http://bit.ly/Mq1uwx you may enjoy the read if you haven't already.]]> Tue, 12 Jun 2012 15:06:32 -0400
The daily reckoning had an adaptation on the "permanent portfolio" http://bit.ly/Mq1uwx you may enjoy the read if you haven't already.]]> http://seekingalpha.com/article/631181/comments?source=feed#comment-6332011 6332011
Long term support levels are firmly in place however the downdraft in stock price has left the chart lots of overhead supply to overcome before getting bullish again is prudent.]]> Tue, 12 Jun 2012 06:00:01 -0400
Long term support levels are firmly in place however the downdraft in stock price has left the chart lots of overhead supply to overcome before getting bullish again is prudent.]]> http://seekingalpha.com/article/651871/comments?source=feed#comment-6331981 6331981 Tue, 12 Jun 2012 05:58:52 -0400