Golden Oxen
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@ TheTrivium4TW For a harmless metal that evolved to become money to many, you sure give it a lot more powers than I ever imagined it had. Possible reason for the Revolutionary War was quite a revelation, thanks. Due to your unique input I can now better understand why the alien reptiles allowed the Egyptians to discover it in order for the TPTB group of hybrids to maintain control of colony earth. I just threw the tiny amount I own in the waste basket and washed my hands of it for good. Thanks again for the amazing revelations, I had no idea.
Golden OxenParticipant@ TheTrivium4TW They lost control of the gold market nearly half a century ago when Nixon gave the finger to the French. If you prefer bankster created credit and fiat that is certainly your choice. Some like myself, long for a return to the sound, honest money of integrity. Your accusation of Von Mises being a promoted stooge of the Rockefeller Foundation is absurd. Do you place Hayek, Menger, Rothbard, in the same camp?
Golden OxenParticipantJapan sell gold for what? Paper they have been printing since their great bust? The paper fiat is the problem, selling gold is not the solution, utilizing it is.
Golden OxenParticipantSell to whom Jack? The broke public, or another bankrupt country? Better to mobilize it, enhance it’s value, and hold on to it. Isn’t that why the have it? The asset of last resort. You will also notice that the US, Germany and Italy have the most of it. Hardly a coincidence in my opinion.
Golden OxenParticipantJack, There is no doubt a lot of gold selling by people who need some quick cash. My feeling is that the central banks of the world have run out of bullets and public confidence in them has eroded significantly. The only asset they have that still has the public’s confidence is their gold hoards. My feeling is out of desperation they will raise the price of it substantially and back their bonds and currencies with it to restore confidence. I think such a move will give the financial system a new lease on life. I realize it is very small minority view, but I do see it that way.
Golden OxenParticipantJack, I think it is going up because of attempts to stop the de-leveraging. I guess that’s what makes markets. I agree with you about TAE however, it is a wonderful site, very happy that I came across it; we see eye to eye on somethings.
Golden OxenParticipantWhat were they saying about gold when it was 300 ??
Golden OxenParticipant@ Ashvin I am hoping and expecting gold to make an appearance somewhere in this period you write about; as an anchor or stabilizer, being the historic asset of last resort. Most likely in the form of a gold backed bond or currency, perhaps both, to restore public confidence in the confetti.
Golden OxenParticipant@eugene I hear you loud and clear eugene, great post.
Golden OxenParticipantLet’s not get carried away with whales and ants, although most of what is said about different perspectives is certainly true. We have a lack of respect for our fellow citizens, and a loss of morality and self reliance to blame for this current state of affairs. Simple enough and ugly enough.
Golden OxenParticipant@ pipefit That is exactly what goldmoney.com is.
Golden OxenParticipant@ RE No doubt when the term is used broadly: in the particular site mentioned however their credentials are impeccable IMHO. In no way am I suggesting that gold in the hand is not the only way, I merely point out that this is a trustworthy site for someone desiring a gold or silver checking account.
Golden OxenParticipant@ pipefit Would most likely be gold and silver, worked well in the past and are real. Digital system using both already in place via goldmoney.com.
Golden OxenParticipantI had thought the Fed said QE 3 was on the back burner UNLESS the economy weakened again. It was the only truthful comment they made IMHO.
Golden OxenParticipantThe quicker they go clean the better. Nothing could be more beneficial to the youth of today. Perhaps they will learn to read a fine work of classical literature, or develop a love for the game of chess, play a musical instrument, enjoy Issac Waltons world of angling, mimick Thoreau and try some solitude with nature, anything but the imbecility and wothlessness of the entertainment industry and its endless corrupting commercials.
March 28, 2012 at 10:27 pm in reply to: US employs Vinne the Kneecapper to collect student debt #2144Golden OxenParticipantYes RE, a religious order of scribes to preserve the best of our culture’s books. I recently came upon a gorgeous leather bound set of Harvard Classics on E-bay which I purchased for the hoped for use of my grandson. It was gorgeous and in like new condition. I bid 600 dollars for it and won the auction at 115 dollars which shows you how much books are revered these days. I have wrapped each volume in a plastic baggie and covered the entire set with plastic protectors. I wonder if I am leaving him a gift of knowledge or a precious antique from a civilization destroyed by debt. Whatever the case I marvel at what a dollar will still buy in the book market of today and get a real bad vibe from what it probably means.
March 28, 2012 at 9:19 am in reply to: US employs Vinne the Kneecapper to collect student debt #2130Golden OxenParticipant@ Re Books and libraries are still here RE, and are still quite adeqate for someone looking to self eductate. They are rapidly losing their importance and funding however, and will soon cease to function as they have historically. I am from and still live in the Boston area, a university area for sure, and the libraries are becoming run down terribly and hardly ever replenish classical fiction or subscribe anymore to material that exists online. In the suburb where I live the public library, which I frequent almost daily, has most everybody sitting around staring at their laptop with a few senior citizens present reading newspapers, hardly anyone is ever seen reading a book. Then of course there is encyclopedia Britannica’s announcement last week that they will no longer publish a print edition. I am afraid our beloved libraries and books will be the next thing to go to pay for the ever growing police force and their pensions as well as the other government workers we can no longer afford.
March 28, 2012 at 7:41 am in reply to: US employs Vinne the Kneecapper to collect student debt #2128Golden OxenParticipant@RE There certainly is a massive change coming. The road from Oxford to today has most certainly ended, thanks in large part to our bankster friends. The universities went along with the easy debt for all game also, and should have known bettter or did. Same old short term pleasure over the long term consequences story. Free or inexpensive internet education might be some sort of solution for many of our poor but knowlege seeking youth?
March 27, 2012 at 8:31 pm in reply to: US employs Vinne the Kneecapper to collect student debt #2111Golden OxenParticipantLooks as if a college education will be something only the 1% can have soon. What else is new?
Golden OxenParticipantA debt will always be paid, either by the lender or borrower.
Golden OxenParticipantNot even bankruptcy can clear you from student loan debt. What a sad situation indeed, not even adults yet and the banksters have signed them up for a life of bondage and servitude, and paid off the politicians to change the laws so there is no escape. Something is terribly wrong about this mess, and it will not end on a happy note.
Golden OxenParticipantJittery signals down your spine from the gold bugs. Sorry to give you the jitters Ilargi, we are only trying to practice what you preach. Moving in with the Intuit just isn’t a solution for many of us, and doesn’t seem like a wise idea from the latest AE posting. Why you berate the people who are trying in some fashion to hide from the credit horrors you describe so well is bewildering. Perhaps if you parted with some of your fiat tissue paper and purchased some of the shiny yellow you might be able to relax when the gold bugs are chanting credit collapse, currency controls, phoney government statistics, hyperinflation, bank closings, peak oil etc, the entire litany of cacaphonous sounds. Who knows,you might even get bitten by the gold bug.
Golden OxenParticipant@”Public execution of the banksters.” How about bringing back the ever popular Guillotine, with a large steel replica of a credit card for a blade; and a bucket full of foreclosure notices for the gentlemen to peruse as they prepare for the blades descent?
Golden OxenParticipant@ Reverse Engineer. I am surprised at you RE. Berating someone that has fed billions of poor and impoverished fellow human beings. I hope you are not going to volunteer for work on the new government death panels. Would like to suggest you delete that post for the sake of your previous reputation.
Golden OxenParticipantPlease make the Smiley’s click and add if possible. This current set up is not working well.
‘Golden OxenParticipant“What can we do about it?” Seems pretty hopeless, the entire thing has gone on for far too long. They are drunk with their power and are now declaring themselves the legal owners of all things tangible if they deem it to be an emergency. It had to be nipped at the bud to prevent it. I try to remain hopeful, but I know better. Could a strong magnetic patriotic leader arise and save us in this, “who can raise the most money to win,” political system we are in?
Golden OxenParticipantI keep waiting and hoping for an internet People’s Bank. One with total integrity and transparency that offers us savings, checking, loans and mortgages at fair rates. One that has no derivative exposure, no trading, no lice with outlandish offices, salaries, and political contributions to cronies. Perhaps run by a universally respected religious, or charitable organization, that wishes to rid us of these bankster turds that have done so much to harm and demoralize so many.
Golden OxenParticipant[https://theautomaticearth.org/components/com_kunena/template/default/images/emoticons/ermm.png]
Golden OxenParticipant[:cheer:], test
Golden OxenParticipant@ Reverse Engineer, Now that you mention him, I always figured Newton was a Hybrid.
Golden OxenParticipanttesthttps://theautomaticearth.org/components/com_kunena/template/default/images/emoticons/dizzy.png
Golden OxenParticipantAfter reading Mr Smith’s post I went back and read el g’s post again and cannot find anything anti-semitic. Israel and Iran are universally recognized enemies. Huge over reaction to el g’s typical very colorful style of writing IMHO. Appeared to be an article about the implosion of the worlds supply of credit and how an attack on Iran might be the final nail in it’s coffin from the ensuing spike in the oil price’ to this reader anyway.
Golden OxenParticipantel g Thanks for the post on Goldman’s letter to clients, no matter who wrote it. Cannot stop laughing, just hilarious!!
March 15, 2012 at 11:51 am in reply to: Are You Going to Believe Your Masters or Your Lying Eyes? #1695Golden OxenParticipant@ e g Sir, I agree completely with you on your S%P corrupt rig analysis and think it extends to other markets as well. My refernce as to a greater number think it has passed was referring to the US economy. I can assure that if a number, just approaching 95%, feels the worst has passed for the economy, then the apocalaypse will indeed be delayed for a while. I agree with you on the outcome, just the timing and route are out of sync. My instincts tell me we are in for a good dose of hyper inflation before Humpty Dumpty falls off the wall. Just a guess that I discern from watching the purchasing power of my fiat dollars over the last six decades.
March 14, 2012 at 10:19 pm in reply to: Are You Going to Believe Your Masters or Your Lying Eyes? #1674Golden OxenParticipantWe may think it is under way, but a greater number think it has passed. S&P over 2000 would sure be one hell of a final scene. Talk about the fat lady singing!
March 14, 2012 at 9:10 pm in reply to: Are You Going to Believe Your Masters or Your Lying Eyes? #1670Golden OxenParticipantPerhaps the funny money and promises of years of zero interest rates are finally having the intended effect? Postpone the apocalypse again? It has been going on for quite a while.
Golden OxenParticipantSpeaking of Vegas e g the handle on the strip has been rising rather impressively of late. One of the more reliable statistics IMHO since the states tax revenue is dependent on it. I suppose it could be foreigners, but something is fishy about an improving Vegas handle and the unemployment picture.
Golden OxenParticipantThe stock market rally could be seen as people fleeing non yielding savings instruments into something with a higher yield and perceived inflation protection. Especially with the spin doctors screaming higher employment and happy days are here again. Would seem doubtful that it has long term economic meaning behind it; but it could take on a life of its own and we start hearing the wealth effect song again. ???
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Golden OxenParticipantThese poor kids starting their adult life with burdensome student loan debts is a sad situation indeed; especially when all the adults in their life, whom they look to for help and guidance, tell them it is the only way to go. Starting life in the grip of the banksters, how horrible.
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