[partypup]

[quote=Eugene][quote]In early 2008 food riots broke out all over the third world because oil IS food.[/quote]

Wrong. Food commodity market was manipulated by the same forces that caused bubbles in zinc and palladium. There’s ample supply of arable land on Earth to feed twice or more the current population at even $100/bbl oil.

[quote]too funny – comparing zinc, palladium and gold and expecting them to follow the same trends[/quote]

Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?

[/quote]

Eugene,

I’m just curious: where do you see the dollar heading? Specifically, it now hovers at 76.49 on the USD index, which represents a 3.67% loss in one month.

1. Where do you think the dollar will sit on that index by Dec 2010?

2. Do you believe the U.S. will retain its sole reserve currency status by Dec 2010?

I pose these questions because your answer will provide some insight into the soundness (or lack thereof) of your analysis above, and it will determine whether further discussion on this topic is even warranted.

And as for food…there is this little issue called “climate change” that you should probably prepare yourself for.

[partypup]

[quote=Eugene][quote]In early 2008 food riots broke out all over the third world because oil IS food.[/quote]

Wrong. Food commodity market was manipulated by the same forces that caused bubbles in zinc and palladium. There’s ample supply of arable land on Earth to feed twice or more the current population at even $100/bbl oil.

[quote]too funny – comparing zinc, palladium and gold and expecting them to follow the same trends[/quote]

Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?

[/quote]

Eugene,

I’m just curious: where do you see the dollar heading? Specifically, it now hovers at 76.49 on the USD index, which represents a 3.67% loss in one month.

1. Where do you think the dollar will sit on that index by Dec 2010?

2. Do you believe the U.S. will retain its sole reserve currency status by Dec 2010?

I pose these questions because your answer will provide some insight into the soundness (or lack thereof) of your analysis above, and it will determine whether further discussion on this topic is even warranted.

And as for food…there is this little issue called “climate change” that you should probably prepare yourself for.

[partypup]

[quote=Eugene][quote]In early 2008 food riots broke out all over the third world because oil IS food.[/quote]

Wrong. Food commodity market was manipulated by the same forces that caused bubbles in zinc and palladium. There’s ample supply of arable land on Earth to feed twice or more the current population at even $100/bbl oil.

[quote]too funny – comparing zinc, palladium and gold and expecting them to follow the same trends[/quote]

Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?

[/quote]

Eugene,

I’m just curious: where do you see the dollar heading? Specifically, it now hovers at 76.49 on the USD index, which represents a 3.67% loss in one month.

1. Where do you think the dollar will sit on that index by Dec 2010?

2. Do you believe the U.S. will retain its sole reserve currency status by Dec 2010?

I pose these questions because your answer will provide some insight into the soundness (or lack thereof) of your analysis above, and it will determine whether further discussion on this topic is even warranted.

And as for food…there is this little issue called “climate change” that you should probably prepare yourself for.

[partypup]

[quote=Eugene][quote]In early 2008 food riots broke out all over the third world because oil IS food.[/quote]

Wrong. Food commodity market was manipulated by the same forces that caused bubbles in zinc and palladium. There’s ample supply of arable land on Earth to feed twice or more the current population at even $100/bbl oil.

[quote]too funny – comparing zinc, palladium and gold and expecting them to follow the same trends[/quote]

Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?

[/quote]

Eugene,

I’m just curious: where do you see the dollar heading? Specifically, it now hovers at 76.49 on the USD index, which represents a 3.67% loss in one month.

1. Where do you think the dollar will sit on that index by Dec 2010?

2. Do you believe the U.S. will retain its sole reserve currency status by Dec 2010?

I pose these questions because your answer will provide some insight into the soundness (or lack thereof) of your analysis above, and it will determine whether further discussion on this topic is even warranted.

And as for food…there is this little issue called “climate change” that you should probably prepare yourself for.

[partypup]

[quote=Eugene][quote]In early 2008 food riots broke out all over the third world because oil IS food.[/quote]

Wrong. Food commodity market was manipulated by the same forces that caused bubbles in zinc and palladium. There’s ample supply of arable land on Earth to feed twice or more the current population at even $100/bbl oil.

[quote]too funny – comparing zinc, palladium and gold and expecting them to follow the same trends[/quote]

Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?

[/quote]

Eugene,

I’m just curious: where do you see the dollar heading? Specifically, it now hovers at 76.49 on the USD index, which represents a 3.67% loss in one month.

1. Where do you think the dollar will sit on that index by Dec 2010?

2. Do you believe the U.S. will retain its sole reserve currency status by Dec 2010?

I pose these questions because your answer will provide some insight into the soundness (or lack thereof) of your analysis above, and it will determine whether further discussion on this topic is even warranted.

And as for food…there is this little issue called “climate change” that you should probably prepare yourself for.

[partypup]

[quote=Arraya]Fiat is a grow or die system and their is NO MORE growth. 1 year or 10 years it’s over.[/quote]

That, in a nutshell, sums up just about everything and explains why we are all completely f****d. Thanks, A.

[partypup]

[quote=Arraya]Fiat is a grow or die system and their is NO MORE growth. 1 year or 10 years it’s over.[/quote]

That, in a nutshell, sums up just about everything and explains why we are all completely f****d. Thanks, A.

[partypup]

[quote=Arraya]Fiat is a grow or die system and their is NO MORE growth. 1 year or 10 years it’s over.[/quote]

That, in a nutshell, sums up just about everything and explains why we are all completely f****d. Thanks, A.

[partypup]

[quote=Arraya]Fiat is a grow or die system and their is NO MORE growth. 1 year or 10 years it’s over.[/quote]

That, in a nutshell, sums up just about everything and explains why we are all completely f****d. Thanks, A.

[partypup]

[quote=Arraya]Fiat is a grow or die system and their is NO MORE growth. 1 year or 10 years it’s over.[/quote]

That, in a nutshell, sums up just about everything and explains why we are all completely f****d. Thanks, A.

[partypup]

[quote=Eugene
Gold should have crashed below $600 last winter, in proportion with other metals, but the fact that there’s virtually no industrial demand for the metal, and the fact that the existence of GLD allowed gold bugs to scoop up the excess gold on the market (absorbing 500 tons in 6 months), postponed the inevitable crash.[/quote]

I love it. Gold “should have fallen” last winter. Or rather, you THINK it should have fallen. The Plunge Protection team has clearly lost control of the metals markets now. Their manipulation efforts are seriously unraveling. I always knew this day would come – just wasn’t sure when. Eugene, I bid you good luck with your gold short positions. In about 6-12 mos, you are really going to take it in the shorts 😉 COMEX has sold more paper metal than it can possibly keep track of, and when deliveries are called for en masse that can’t possibly be accommodated – when the numbnuts on CNBC finally realize that the dollar is dying and it ain’t coming back – you will see metals rise to new highs. Frightening highs.

I didn’t think you’d take my bet, BTW. That is telling, IMO. I, on the other hand, was willing to put $300 down via PayPal, and am still willing to do so. We can talk and talk to till the cows come home, but the strength of your conviction (or lack thereof) in a coming gold crash is belied by your unwillingness to put any money on the line with me.

[partypup]

[quote=Eugene
Gold should have crashed below $600 last winter, in proportion with other metals, but the fact that there’s virtually no industrial demand for the metal, and the fact that the existence of GLD allowed gold bugs to scoop up the excess gold on the market (absorbing 500 tons in 6 months), postponed the inevitable crash.[/quote]

I love it. Gold “should have fallen” last winter. Or rather, you THINK it should have fallen. The Plunge Protection team has clearly lost control of the metals markets now. Their manipulation efforts are seriously unraveling. I always knew this day would come – just wasn’t sure when. Eugene, I bid you good luck with your gold short positions. In about 6-12 mos, you are really going to take it in the shorts 😉 COMEX has sold more paper metal than it can possibly keep track of, and when deliveries are called for en masse that can’t possibly be accommodated – when the numbnuts on CNBC finally realize that the dollar is dying and it ain’t coming back – you will see metals rise to new highs. Frightening highs.

I didn’t think you’d take my bet, BTW. That is telling, IMO. I, on the other hand, was willing to put $300 down via PayPal, and am still willing to do so. We can talk and talk to till the cows come home, but the strength of your conviction (or lack thereof) in a coming gold crash is belied by your unwillingness to put any money on the line with me.

[partypup]

[quote=Eugene
Gold should have crashed below $600 last winter, in proportion with other metals, but the fact that there’s virtually no industrial demand for the metal, and the fact that the existence of GLD allowed gold bugs to scoop up the excess gold on the market (absorbing 500 tons in 6 months), postponed the inevitable crash.[/quote]

I love it. Gold “should have fallen” last winter. Or rather, you THINK it should have fallen. The Plunge Protection team has clearly lost control of the metals markets now. Their manipulation efforts are seriously unraveling. I always knew this day would come – just wasn’t sure when. Eugene, I bid you good luck with your gold short positions. In about 6-12 mos, you are really going to take it in the shorts 😉 COMEX has sold more paper metal than it can possibly keep track of, and when deliveries are called for en masse that can’t possibly be accommodated – when the numbnuts on CNBC finally realize that the dollar is dying and it ain’t coming back – you will see metals rise to new highs. Frightening highs.

I didn’t think you’d take my bet, BTW. That is telling, IMO. I, on the other hand, was willing to put $300 down via PayPal, and am still willing to do so. We can talk and talk to till the cows come home, but the strength of your conviction (or lack thereof) in a coming gold crash is belied by your unwillingness to put any money on the line with me.

[partypup]

[quote=Eugene
Gold should have crashed below $600 last winter, in proportion with other metals, but the fact that there’s virtually no industrial demand for the metal, and the fact that the existence of GLD allowed gold bugs to scoop up the excess gold on the market (absorbing 500 tons in 6 months), postponed the inevitable crash.[/quote]

I love it. Gold “should have fallen” last winter. Or rather, you THINK it should have fallen. The Plunge Protection team has clearly lost control of the metals markets now. Their manipulation efforts are seriously unraveling. I always knew this day would come – just wasn’t sure when. Eugene, I bid you good luck with your gold short positions. In about 6-12 mos, you are really going to take it in the shorts 😉 COMEX has sold more paper metal than it can possibly keep track of, and when deliveries are called for en masse that can’t possibly be accommodated – when the numbnuts on CNBC finally realize that the dollar is dying and it ain’t coming back – you will see metals rise to new highs. Frightening highs.

I didn’t think you’d take my bet, BTW. That is telling, IMO. I, on the other hand, was willing to put $300 down via PayPal, and am still willing to do so. We can talk and talk to till the cows come home, but the strength of your conviction (or lack thereof) in a coming gold crash is belied by your unwillingness to put any money on the line with me.

[partypup]

[quote=Eugene
Gold should have crashed below $600 last winter, in proportion with other metals, but the fact that there’s virtually no industrial demand for the metal, and the fact that the existence of GLD allowed gold bugs to scoop up the excess gold on the market (absorbing 500 tons in 6 months), postponed the inevitable crash.[/quote]

I love it. Gold “should have fallen” last winter. Or rather, you THINK it should have fallen. The Plunge Protection team has clearly lost control of the metals markets now. Their manipulation efforts are seriously unraveling. I always knew this day would come – just wasn’t sure when. Eugene, I bid you good luck with your gold short positions. In about 6-12 mos, you are really going to take it in the shorts 😉 COMEX has sold more paper metal than it can possibly keep track of, and when deliveries are called for en masse that can’t possibly be accommodated – when the numbnuts on CNBC finally realize that the dollar is dying and it ain’t coming back – you will see metals rise to new highs. Frightening highs.

I didn’t think you’d take my bet, BTW. That is telling, IMO. I, on the other hand, was willing to put $300 down via PayPal, and am still willing to do so. We can talk and talk to till the cows come home, but the strength of your conviction (or lack thereof) in a coming gold crash is belied by your unwillingness to put any money on the line with me.

[Author]

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