Tuesday 31 May 2011

You can keep those Ashes

Saturday 28 May 2011

Going in the wrong direction

My experience has demonstrated to me time and time again over the years, that people have a seemingly-infinite capacity to seek the most complex way to resolve simple problems.

The paradox of advanced cognitive ability.


Friday 27 May 2011

The GSR. Or "BS" as I prefer to call it.

Many people like to think about the GSR1.

They talk about a historical norm in the ratio of 16:1 (silver 1/16th the value of gold). They talk about suppression of the price of silver compared to gold, naked short selling, short squeezes, busting the banks that are the root of all this evil; over-shoot of the ratio to 1:1 or even a $silver price higher than a $gold price.

But, basically, it's all meaningless. Nobody has any idea what the GSR should be or will be. It's just trader-mentality speculation2.

Now, here's some more speculation for you. What if the GSR, for some buyers of gold, had already recently gone to and temporarily through 1:1? What would you make of that idea? You call bullshit on this idea and laugh as you reach for the X button on your browser window containing this blog post of a total idiot3, right?

1 Gold to Silver Ratio.
2 By trader-mentality speculation, I mean chasing paper currency gains hoping to beat some other market participant with your superior intellect, speed and trading prowess. These people ought to put their pimped lawnmower ride away in the shed for a while, and stop to have a think about the world instead of taking it in turns to play games of hide the sausage on each other.
3 www.federalreserve.gov/releases/bulletin/1208assets.htm

Monday 23 May 2011


Silverbugs anthem?
Freegolders anthem?

It's like two people standing together and having a completely different argument with each other.

Friday 20 May 2011

You want proof?

Who doesn't!

Many of you are thinking something like:

"OK, Freegolders, so you all believe there is going to be a massive Dollar-hyperinflation and gold (only gold) is going to multiply in real purchasing power in the course of that hyperinflationary storm during the coming years, while every other asset (specifically including silver) will just roughly maintain its present real purchasing power? Well, perhaps I would like to share in your certainty about this, but you're going to have to PROVE it to me first! Until you can prove it to me, I will continue to think you're all brainwashed members of a gold-worshipping cult".

Well, I'm sorry guys, but none of us can offer you this "proof". We will only be able to do that in hindsight; but by then you won't need us to prove it to you of course! In the meantime, you will just have to use your imagination, like we did. Suspend your disbelief and just entertain it as possible. Rather than demand us to prove to you it is happening, try from the other side: to objectively find the reason it cannot be. Contrary to appearances at times, this is what we do. We're trying to find the reason it ISN'T happening after all. But please, don't just come with all those half-baked theories you've picked up at some other site, over and over, person after person, the same stuff. (Sometimes the same person, same stuff, over and over! :-\ ) If you really can find an original and good reason it simply cannot be, please come and tell us all -- because we want to know as much as you do. We've each of us spent a lot of time contemplating the model laid out by FOFOA/FOA/Another, trying like you to find the way that "Freegold" can't or won't work. The more times we find that we can't break it, the more certain we become that perhaps, yes, this really is what is unfolding and, like it or not, is where we're going. Yes, we're all sceptics like you.

As you contemplate this post, here's a little song I hope you will enjoy.

As always, don't forget to read the ---->LYRICS
(assuming you can take your eyes off the video, that is...)

Wednesday 11 May 2011

Dottie Perry sings "Global Arbitrage Opportunity"

I bought some gold at the LBMA
For the price of their paper contracts
I bought some gold just to try it
I hope Bernanke don't mind it
It felt so wrong
It felt so right
Don't mean I'm bad right?
I sold some gold to the BIS
50 times weeee!


Out soon!

De l'argent?


It wad frae monie a blunder free us

O wad some Power the giftie gie us
To see oursels as ithers see us!
It wad frae monie a blunder free us
An foolish notion

Robert Burns

Monday 9 May 2011

"Gold AND silver"

What is gold?

What is silver? (Or any other metal except gold.)

I just do not understand how so many people can still classify "precious metals" as a single asset class. They're just so not IMO.

Tuesday 3 May 2011


Oops, he fell out of my pocket at sea

Is it just me, or did Obama jump the shark this weekend?

It's all a matter of perception.

Blondie: The current monetary system creates an artificial scarcity of value amongst some of its users and an artificial abundance amongst others via its inequities, effects which have no small impact upon the choices made and the behaviour exhibited by these users, not to mention the effect’s influence on the perceptions of all users of one another, which by extension causes further effects to be felt.

It's just history repeating. The 'elite' are just as shit as everyone else; they just up to now enjoy a significant advantage -- or perhaps it is more accurate to say they impose a handicap on the rest of us. It will be exposed in our time that there are, however, only people.

The current monetary system warps our perception of reality. But the good news is the next one won't. In case you haven't noticed already, it's called Freegold and it's slowly unfolding before your very eyes. Changes like this necessarily come around over and over throughout history. However, this time really will be different, because the response to the crisis has been designed in advance to optimise the outcome, rather than being developed as events unfold on an ad-hoc basis as a-thing-on-a-thing-on-a-thing -- which is never the best way to build a sustainable system.

We will witness disaster, but it will be worth it in the end.

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