Haystack October 2011

[Blondie]

Nobody really knows who is the poster behind ‘Another’ be some believe it is Ferdinand Lips.

Ferdinand Lips was not Another.
I have read Lips' book. He was a dedicated hard money socialist. Completely at odds with the writing of Another.

[Indiana Jones]

Nobody really knows who is the poster behind ‘Another’ be some believe it is Ferdinand Lips.

Ferdinand Lips was not Another.
I have read Lips' book. He was a dedicated hard money socialist. Completely at odds with the writing of Another.

it really doesn't matter who he was or who he is.
it's another man behind the curtain. the golden curtain.

[Rasta]

Is the Zurich Alleged Global Super-Entity Real?


The “Club” I have fought against for 25 years is a LOOSE association. They are traders that pile up on the same trade. There are NO formal bylaws, nor is there even direct coordinated links between the top management of the entities making the agreement. You have to realize that such underhandedness comes with also the inherent distrust of one another. What if you begin to buy thinking you are part of the “Club” and find
out that they are the one’s selling clandestinely to you behind the scenes? Suddenly, you are the patsy.

[Talking about conspiracy, one global private entity to rule the world] We need not create SUPER-ENTITIES to distract us from the real threat. After Salomon Brothers was nearly destroyed by the scandal, Goldman Sachs I believe adopted a strategy to do a reverse takeover of government where more employees “alumni” infiltrated governments worldwide (1) to get business, and (2) to ensure that government would NEVER again go after a Wall Street firm. That strategy worked and today nobody is ever criminally charged for anything from a PRIMARY DEALER. Government now is
so dependent upon debt; it dare not look at those who keep the game going.

[Rasta]

On KWN: James Turk Report - Why Gold Will Go Above $11,000

[Paul]

http://en.wikipedia.org/wiki/Luminiferous_aether

I see similarity with reference point gold here,
seems logical, since value is also relative ...

(can value travel faster than light ? )
http://itgrunts.com/2011/09/23/lhc-upda ... ns-theory/

[Boefke]

I see some difficulties in calculating the price of gold by only the Central bank foreign exchange reserves. This means IMO that you compare a wealth consolidator (gold) with projected wealth consolidators (Foreign exchange reserves). Gold is the antithesis of debt. Debt is not only the foreign exchange reserves.....it is much much bigger than that.

To solve the debt-tsunami we are now facing the consequences of is simply reach an equilibrium of assets and liabilities. What we now see as assets are nominated in a debt driven currency. The value of assets is IMO almost impossible to predict, as during our lifetime we have nothing else witnessed as being priced by currency. Numbers are not a part of this......it can be 1, 100 or 1 trillion, whatever. So $11,000 says nothing to me about the future value....

[Rasta]

I see some difficulties in calculating the price of gold by only the Central bank foreign exchange reserves. This means IMO that you compare a wealth consolidator (gold) with projected wealth consolidators (Foreign exchange reserves). Gold is the antithesis of debt. Debt is not only the foreign exchange reserves.....it is much much bigger than that.

To solve the debt-tsunami we are now facing the consequences of is simply reach an equilibrium of assets and liabilities. What we now see as assets are nominated in a debt driven currency. The value of assets is IMO almost impossible to predict, as during our lifetime we have nothing else witnessed as being priced by currency. Numbers are not a part of this......it can be 1, 100 or 1 trillion, whatever. So $11,000 says nothing to me about the future value....

Only some [difficulties]? I do agree with Turk here, that according to the "old rules", this is the formula for getting the correct price, expressed in fiat issued by a particular central bank. It does not take into account a lot of other factors, and ultimately, the price is just the distrust in a fiat currency issued by a central bank.

I did rather post it, as we get more and more people stating that the price should be over 4 digits, measured in purchasing power of today.

[Boefke]

Right I see your point of view here.

Here steps the Little Rascal (Boefke) in, So when the gold price reaches $11,000 or higher......you might sell all your gold because it's overvalued .

Hard question, i know...just curious.

[Rasta]

Right I see your point of view here.

Here steps the Little Rascal (Boefke) in, So when the gold price reaches $11,000 or higher......you might sell all your gold because it's overvalued .

Hard question, i know...just curious.

No no, 5 digits measured in purchasing power of today. If we finally reach those 5 digits, it might represent the purchasing power of 6 digits of that particular moment. It is a moving target.... (fata morgana)

[Paul]

When gold will trade somewhere at it's cyclic top, the exponential phase, I will probably trade most of it for some other commodity. preferably one that trades around it's cyclic low. could well be a currency. I don't know which one yet.

will be a hard choice between Guilder and Dmark