Oldtent Archives 2007 - 2008

“So what about gold? A revived gold standard is out of the question. In the nineteenth century, governments spent less than ten percent of national income in a given year. Today, they routinely spend half or more, and so they would never subordinate spending to the stringent requirements of sustaining a commodity-based monetary system. But private gold banks already exist, allowing account holders to make international payments in the form of shares in actual gold bars. Although clearly a niche business at present, gold banking has grown dramatically in recent years, in tandem with the dollar’s decline. A new gold-based international monetary system surely sounds far-fetched. But so, in 1900, did a monetary system without gold. Modern technology makes a revival of gold money, through private gold banks, possible even without government support.”

tinyurl.com/yssnry

LOL

Well the dumb ninnies apparently didn’t interview a died in the wool tru blue AU girl such as myself  or the article would have come to a different conclusion 

When do these people run out of paper bullets

……….keep looking ..you’ll find your stash…….just a little deeper

your assumption is correct .. but .. the IRS is watching .. so ..

in Kanadistan back some years ago .. there was alot of MSM pumping the Government NEED to Tax the underground economy

The Enemy is the STATE .. .. whatever State They Offer

2_p

ps [ add ] .. in the above Pumping “they” always spoke of those that did not PAY their Fair Share ( those being the barterers ) .. the Dogma of the State ( and its Media Oulets ALL ( by privilege ) ) is that all members must understand that all partakers of The State must pay The State, and any others must be heavily ridiculed ( at ALL cost )

(ie) if you know someone that is not paying thier fair share of taxes it is your patriotic duty to inform the Government

Back in the USSR

2_p

<<I am a mechanic checking to see if the inflation engine will start and run from here.>>

Count on it…within 2 1/2 weeks…when Saturn in Virgo opposes Uranus in Pisces (water sign)…and all that liquidity.

 Moggy

i think what you are saying is? why not just barter for things? Maybe just to many drinks on my part? Sure do enjoy your posts.

according to a news headline on Kitco that says, “For today’s woman, the allure of gold is on the wane”.

That’s unfortunate if modern ladies dont care much for gold anymore.  

if adopted implies a STATE doing the adoption ..

.. The STATE remains under “alternate” Dogma ( nominal fiat )..

The Enemy is The State arbitrary of its Dogma

2_p

inflation is an increase of monetary aggreates more fiat

deflation is a decrease of monatary aggreates less fiat

prices going up or down does not in the equation signal inflation or deflation it is prices going up and down assets pricres for homes going down .. in the austrian language is not deflation .. the fiat has been spent it is in they system causing more dollars to chase fewer goods

so the language needs to be specified,,, and applied,,

the 11 th time

www.shadowstats.com/article/292

www.shadowstats.com/article/335

folks either do not read these articles or they like to make things up lol or dismiss it out of hand ..

believe the spin not the graphs and actual reality

rather .. ” it is ALL in the STATE  ”

..

“  I should have stayed on the farm,  I Should have listen to my old man  ..”

GoodBye Yellow Brick Road - Elton John

… I did not have such an old man .. and am in the process of getting educated via other than government school .. but I have to start somewhere .. too bad I didn’t start 40 - 50 years ago

2_p

  sure garners alot of emotion in these parts.

  I still don’t see why we can’t have both at the same time.

  This de-leveraging has been highly deflationary and that’s been across the board - you name it.

  However, it seems to me that when the de-leveraging ends the dollar should begin it’s descent, which should be highly inflationary, but only in the necessities - ex housing.

  I think everyone might likely agree that inflation will be the result of a falling dollar. Again inflation being energy, food, etc. but still deflation in the things we can wait for like electronics, auto’s, housing etc. Where supply will still outstrip demand.

   Interesting that 30 year mortgages rose to their highest level in 21 years this week according to my local rag. This at a time when the only thing that could possibly help the USE is a reflation of the housing market.

  Suffice to say “it’s all in the dollar”?

..breakouts with retests…..good bulls no ?

better not look at them after this immediate past week - they are well off the highs!  Maybe he was talking about week before last. 

http://arch0708.goldtent.net/2008/02/23/gold-around-the-world-8/