Haystack October 2011

[Boefke]

It's been a while now that i was confronted with your almost famous statement.

You don't own your baggage, your baggage owns you.

I must admit, at first I wasn't convinced immediately of the power of this line. Now, months and months later I realize it is the most true line concerning the understanding of Freegold. I see and experience it everyday.

What you say about public figures stating anything about whatever is happening around us everyday. But I would like to submit another thing to this. Recently I also had an email exchange with a pension fund advisor concerning the subject gold. His company is specialized in this new way of "insuring" your portfolio. I must say, I hate this word insurance.....and why insure a small part and not everything?
He had written a piece in a paper, and stated some things where I didn't agree on. So we had some conversation about gold and what did this guy tell me? We agreed on almost everything!!
But he stated ( and I Quote): If I tell them (pension funds) everything we just agreed on they will blink with their eye's.......say it sounds nice.....and probably walk away. It's too much, too quick.
It's a matter of bring the subject in, and let it do the magic.

So what I want to make clear here is that there IS a difference between for the curtain (paper articles), and behind the curtain. This was very interesting to me.

[Paul]

You don't own your baggage, your baggage owns you.

with this one I still agree
really nice

[Blondie]

But he stated ( and I Quote): If I tell them (pension funds) everything we just agreed on they will blink with their eye's.......say it sounds nice.....and probably walk away. It's too much, too quick.
It's a matter of bring the subject in, and let it do the magic.

So what I want to make clear here is that there IS a difference between for the curtain (paper articles), and behind the curtain. This was very interesting to me.

You are quite right, Boefke, there is a difference in an unknown number of instances between the curtain and that behind it. Things are seldom black and white, it seems.

[Rasta]

Happy Days are Here Again
Answering Your Questions.
3 pages pdf


Nothing new to report, he is mainly advertising his seminar now I think.

[Rasta]

Fofoa is starting to twitter

twitter.com/FOFOA999

[Rasta]

On Financial Sense Newshour: A Conversation with Martin Armstrong

Why Economists Get It Wrong
Renowned economist Martin Armstrong and founder of Princeton Economics joins Jim Puplava this week in a wide-ranging discussion covering issues such as why economists get it wrong, the European credit mess, the culmination of the sovereign debt crisis by 2015, and why the next bull market will be in volatility.

Interview page and mp3 podcast [38:30]

[Rasta]

Some interesting pictures on zerohedge: Visualizing The True Cost Of The First Bank Bailout: $3.5 Trillion And Rising At Over $1 Trillion Every Year

[Spruitje]

Blitz downgrade in EMU recession.

http://www.telegraph.co.uk/finance/fina ... ategy.html

[mcduff]

Blitz downgrade in EMU recession.

http://www.telegraph.co.uk/finance/fina ... ategy.html

Fixed that for ya;-) (missing a trailing l in the link)

From the article:

Standard & Poor's (S&P) is to warn that a double-dip recession in Europe would imperil France's AAA rating and set off a string of downgrades across Southern Europe, undermining the EU's debt crisis strategy.

[Spruitje]

Fixed that for ya;-) (missing a trailing l in the link)

Thanks! I edited the original post also. Just in case...