What Ever Happened To.........

[damnotagain]

So usaone, central banks are buying gold for political reasons and not economical ?   Interesting take.

What might those political reasons be since they are not economical ?  

[damnotagain]

                                                                     

[frankq]

Feb 6, 2013 15:24:28 GMT -5 @gdgyva said:

frank

wow...good to see you

hope all is well

Thanks gd. All's well. We'll be talking for sure...

[usaone]

Feb 6, 2013 16:02:53 GMT -5 damnotagain said:

So usaone, central banks are buying gold for political reasons and not economical ?   Interesting take.

What might those political reasons be since they are not economical ?  

Who in Germany wanted the Gold back?
What are the details?
 Why isnt Gold going up?

If everything you say was true Gold would not be down 20% from its high. Smart money got out of Gold almost a year ago.

[damnotagain]

Usaone ,  none of you have answered one question. Where would the markets be today without the QE to infinity brought about by the fed ?  When you answer that question as well as the two above . I'll do your homework on Germany. 

[usaone]

Feb 8, 2013 11:58:32 GMT -5 damnotagain said:

Usaone ,  none of you have answered one question. Where would the markets be today without the QE to infinity brought about by the fed ?  When you answer that question as well as the two above . I'll do your homework on Germany. 

Who is denying that Fed liquidity hasnt helped? Of course it has. We had a panic in 2008 and a run on the banks.

[damnotagain]

Down 20% is sure a lot better than " stocks back to 2007 levels . "  on the back of American taxpayers. Europe is is wonderful shape. Unemployment is in the 20% range .

What happen to Portuguese gold in 1990 as Drexel/ Lambert collapsed? 17 tons poof . Germany wants is Deutschmark backed by more than promises .

Did you  run on the banks ? I don't think most Americans had a clue what happened. I didn't run to the bank , how many people here ran to the bank in 2008 ? Bankers were the only one running    ......  To the fed . Privatizing gains and socializing debt is the new norm.

[frankq]

Wow........With the exception of the usual Road to nowhere/Gold nonsense, it's really dead out here these days.........Shame........

[texasredneck]

Stock market is kind of like watching paint dry.

Unless you owned CLF, last time I looked it was down 19% today.

[Aman A.K.A. Ahamburger]

Ah, there it is Mr. Z, the million dollar question. Why the "what if's" all the time. That's why I always have fun with these conspiracy artists, they base their stories on historical events but, they add their "what if" scenario in like they have a fact no one has.

They are able to spin the lie because most, if not all, the conspiracy stories that are out there are rooted in some type of prejudice.

The story of Henry Ford is a great example. He decided to raise wages for the common man, at the same time in history as the Federal Reserve was created. Some conspiracy artist point the this as proof of collusion between all these big players to create inflation, in which they have been stealing our wealth/freedom.

The fact is that Henry Ford was a rabid anti-semite and helped support the National Socialists Party in Germany during the 30's.

The fact is the reason H. Ford raised wages was because line work in an early 1900's American factory, was worse than any sweat shop that exists today in the developing world.

The only way Ford could stop the massive turn over was to pay twice as much as any other job out there was paying. When Ford upped the salary of all these workers, the fact is he pissed a lot of the other industrialist off at the time.

The byproduct of Ford's move was of course that a consumer class was created that could afford to buy his cars, forever changing the way business operated world wide.

Thank GOD that at this time in history a system was created by a bunch of guys that was actually able to support an economic shift of this magnitude. And yes, the fact is that the people that started the Federal Reserve believed in the God of Israel.

It's also a fact that these guys that created the Federal Reserve were associated with people that were associated with people that were on a messianic mission, that is actually in the factual timeline that dates back to the messiah himself.

Sorry for the rant Mr. Z, I just find it all very interesting is all.

[usaone]

Nice post A.

[sunrnr]

"Now you know ... the rest of the story"

Nice to hear from you A 

[Aman A.K.A. Ahamburger]

You don't have to apologize to me Mr. Z, great points btw.

It's good to get things off your chest, IMO.

I just like posting on this thread on this board. I have tons of fun pointing out how badly all these conspiracy artists try to deceive us. False profits and home grown terrorists comes to mind. I luv the truth.

Feb 14, 2013 9:26:27 GMT -5 usaone said:

Nice post A.

Thanks usawon!

the rest of the story"

Sun, it's funny you say that. I was just saying to a good friend the other day that I should have been a reporter, I really enjoy writing. .

It's nice to hear from you as well, keep up the good fight my friend.

[frankq]

Usaone , none of you have answered one question. Where would the markets be today without the QE to infinity brought about by the fed ?

Nobody can obviously say for sure, but the markets would most certainly be up from 2008 and quite nicely. In spite of everything, business is still moving on and profits are still being made. Housing is recovering as we knew it would all along, because when everyone rents, rents go up. When rents rise too high, it makes economic sense to buy again. We've seen the cycle before. Yes, the MBS debacle put quite a wrinkle in the cycle for sure, but a cycle it is. Economic activity is what sustains markets in the long run. You guys make it sound like the only economic activity is QE. Damn, the FED must be buying a lot of cars and such too eh? Most developed nations are on some form of QE. Pretty much everyone is in the same boat so it's all relative. These debts will never be paid back in full by anyone.....China can take it in the ass for stealing our tech and patents. Who cares is we don't pay them off? I bet the debt will be reworked down the road and as I've said before, some degree of debt forgiveness will happen, just like in Greece. China won't jag with their biggest customers, and how could they? What will they do? Stop selling their cheap shit that the Chinese government has been subsidizing for decades, here and in Europe and destroy their economy? China is not the nation of barefoot peasants it used to be. China is one recession away from revolution. The fact is, I would rather owe you trillions of dollars than have you owe me. Whose holding the short end of the stick in that case?.......If government gets out of the way, markets are up hugely. All you people that retired from investing in 2008 missed one of the biggest rallys in history. Sour grapes all around.......

[Steady As She Goes]

Look up "The Butterfy Effect" or "Chaos Theory"

Statements suggesting that we go “back in time” and change a specific event, erases all the FACTS that have been lived and experienced up until the current point in time. It substitutes REALITY and KNOWN FACTS or TRUTHS with BIASED or DISTORTED SPECULATION based on the personal views or WHIMS of the person MAKING UP their own NON-FACTUAL, completely UNSUBSTANTIATED, “alternate reality”. (ala STAR TREK). One can argue what “they think” MAY happen, or what decisions “they think” others MAY make, but it is only SPECULATION and no longer based on anything REAL or FACTUAL. TRUTH is no longer an option or a consideration. You simply cannot use any known information “after the fact” of the original decision which was based on the original event because in the alternate timeline, those previously known “after the fact” decision would now be skewed by altered consequences and experiences.  

So the correct and responsible answer to “what if we did “this” X number or years ago?” is in FACT … WHO CARES! (because it DIDN’T happen and it’s virtually impossible to POSITIVELY, ABSOLUTELY, UNEQUIVOCALLY, know the outcome of something that didn’t happen).

[frankq]

Wow....the way gold is dropping, I'm seriously thinking about buying some GLD shares in the near future.......LOL!!

[damnotagain]

Lol , slow over at fed watch. You boys must be tired of patting each other on the ass , I mean back. 

Russia , China and Turkey. Making big bets against that dollar. 

Duffminster Times .....  you can find real information from people that understand what's really going on.

[frankq]

Lol , slow over at fed watch. You boys must be tired of patting each other on the ass , I mean back.

And you guys must be tired of taking it ......uh ....we'll let that one go.....If I want to know what's going on, I just check the balance in my Schwab accounts.
Yeah, go check out the experts over there. Say hi to Midwesterner for me.

[sunrnr]

Feb 15, 2013 14:24:42 GMT -5 Steady As She Goes said:

Look up "The Butterfy Effect" or "Chaos Theory"

Statements suggesting that we go “back in time” and change a specific event, erases all the FACTS that have been lived and experienced up until the current point in time. It substitutes REALITY and KNOWN FACTS or TRUTHS with BIASED or DISTORTED SPECULATION based on the personal views or WHIMS of the person MAKING UP their own NON-FACTUAL, completely UNSUBSTANTIATED, “alternate reality”. (ala STAR TREK). One can argue what “they think” MAY happen, or what decisions “they think” others MAY make, but it is only SPECULATION and no longer based on anything REAL or FACTUAL. TRUTH is no longer an option or a consideration. You simply cannot use any known information “after the fact” of the original decision which was based on the original event because in the alternate timeline, those previously known “after the fact” decision would now be skewed by altered consequences and experiences.  

So the correct and responsible answer to “what if we did “this” X number or years ago?” is in FACT … WHO CARES! (because it DIDN’T happen and it’s virtually impossible to POSITIVELY, ABSOLUTELY, UNEQUIVOCALLY, know the outcome of something that didn’t happen).

 

[sunrnr]

Feb 15, 2013 15:44:41 GMT -5 damnotagain said:

Lol , slow over at fed watch. You boys must be tired of patting each other on the ass , I mean back. 

Russia , China and Turkey. Making big bets against that dollar. 

Duffminster Times .....  you can find real information from people that understand what's really going on.

 

[Aman A.K.A. Ahamburger]

Feb 15, 2013 23:12:27 GMT -5 sunrnr said:

Feb 15, 2013 14:24:42 GMT -5 Steady As She Goes said:

Look up "The Butterfy Effect" or "Chaos Theory"

Statements suggesting that we go “back in time” and change a specific event, erases all the FACTS that have been lived and experienced up until the current point in time. It substitutes REALITY and KNOWN FACTS or TRUTHS with BIASED or DISTORTED SPECULATION based on the personal views or WHIMS of the person MAKING UP their own NON-FACTUAL, completely UNSUBSTANTIATED, “alternate reality”. (ala STAR TREK). One can argue what “they think” MAY happen, or what decisions “they think” others MAY make, but it is only SPECULATION and no longer based on anything REAL or FACTUAL. TRUTH is no longer an option or a consideration. You simply cannot use any known information “after the fact” of the original decision which was based on the original event because in the alternate timeline, those previously known “after the fact” decision would now be skewed by altered consequences and experiences.  

So the correct and responsible answer to “what if we did “this” X number or years ago?” is in FACT … WHO CARES! (because it DIDN’T happen and it’s virtually impossible to POSITIVELY, ABSOLUTELY, UNEQUIVOCALLY, know the outcome of something that didn’t happen).

 

[Aman A.K.A. Ahamburger]

Feb 15, 2013 15:44:41 GMT -5 damnotagain said:

Lol , slow over at fed watch. You boys must be tired of patting each other on the ass , I mean back. 

Russia , China and Turkey. Making big bets against that dollar. 

Duffminster Times .....  you can find real information from people that understand what's really going on.

 Personal attacks, no facts, typical. Things are great at SFW, as usual, thanks for asking.   China 3 Trillion in USD's, who cares though right?  

Exclusive: Turkey to Iran gold trade wiped out by new U.S. sanction
www.reuters.com/article/2013/02/15/us-iran-turkey-sanctions-idUSBRE91E0IN20130215?feedType=RSS&feedName=topNews&rpc=986

Whatever happened to the death of the Euro Zone?  It's not like trillions of dollars are owed to the UST from the ECB.. Oh wait... Also, whatever happened to.... all economic was going to come only from the east? Was that something about the US being an oil exporter?  No USD going to be needed to pay for US natural gas though right?  Just like there will be no USD's needed for any of the transactions that will take place in this deal. Nope. 

EU and US to talk biggest trade deal in world history
rt.com/business/news/eu-us-free-trade-agreement-142/

[damnotagain]

Feb 8, 2013 14:02:58 GMT -5 damnotagain said:

Down 20% is sure a lot better than " stocks back to 2007 levels . "  on the back of American taxpayers. Europe is is wonderful shape. Unemployment is in the 20% range .

What happen to Portuguese gold in 1990 as Drexel/ Lambert collapsed? 17 tons poof . Germany wants is Deutschmark backed by more than promises .

Did you  run on the banks ? I don't think most Americans had a clue what happened. I didn't run to the bank , how many people here ran to the bank in 2008 ? Bankers were the only one running    ......  To the fed . Privatizing gains and socializing debt is the new norm.

 Facts what facts ? The pack is back ! 

[usaone]

Feb 15, 2013 23:13:37 GMT -5 sunrnr said:

Feb 15, 2013 15:44:41 GMT -5 damnotagain said:

Lol , slow over at fed watch. You boys must be tired of patting each other on the ass , I mean back. 

Russia , China and Turkey. Making big bets against that dollar. 

Duffminster Times .....  you can find real information from people that understand what's really going on.

 

The RatPack is out enjoying life and family, not wallowing in Doom and Gloom. There is obviously many more negative issue's going on in the lives of most of the Doom n Gloom Crowd than the economy.



We will NEVER be dragged down to your level.

[frankq]

All I know it that I had one of the best gains I've ever made over the last few months, and this has been the longest Bear market rally I've ever seen........

[mmhmm]

Okay, folks.  Let's tone it down.  If you can't interact in a civil manner, don't interact.  The insults and finger-pointing are to stop now.

mmhmm, Administrator

[Aman A.K.A. Ahamburger]

You bet mmhmm! Hope things have been well with you mam'!

Feb 17, 2013 6:09:55 GMT -5 damnotagain said:

Feb 8, 2013 14:02:58 GMT -5 damnotagain said:

Down 20% is sure a lot better than " stocks back to 2007 levels . "  on the back of American taxpayers. Europe is is wonderful shape. Unemployment is in the 20% range .

What happen to Portuguese gold in 1990 as Drexel/ Lambert collapsed? 17 tons poof . Germany wants is Deutschmark backed by more than promises .

Did you  run on the banks ? I don't think most Americans had a clue what happened. I didn't run to the bank , how many people here ran to the bank in 2008 ? Bankers were the only one running    ......  To the fed . Privatizing gains and socializing debt is the new norm.

 Facts what facts ? The pack is back ! 

The facts the we contiunally put out there. How about you try now.

What does potugal's gold have to do with the FRB's gold?

You do realise that the treasury has exited citi bank now right? More PROFIT from TARP, not loses.

The Fed has paid the UST record amounts over the last three years, and will contiune to put trillions back into the UST as the years go on.

The bat pack was never gone, only growing stronger.

[damnotagain]

Feb 17, 2013 13:28:01 GMT -5 usaone said:

Feb 15, 2013 23:13:37 GMT -5 sunrnr said:

 

The RatPack is out enjoying life and family, not wallowing in Doom and Gloom. There is obviously many more negative issue's going on in the lives of most of the Doom n Gloom Crowd than the economy.



We will NEVER be dragged down to your level.

Yes it's so low down here in gloom and doom land   ..    I'll let you know how the fishing is when the family heads to the Bahamas for some cold Amstel Bright , sunshine and good friends , ya man. 

[damnotagain]

Aham

The gold question was in reply to why Germany wants its gold in its banks. 

With the fed buying 3 trillion of securities that pay them interest and you do not have to pay any interest on the money used to buy those securities. .. Could they be making a lot of money ?

Last years on the books PROFIT for the fed was @ 90 billion. That's with fresh money too.

[mmhmm]

Thanks, aham!  All's well here, hon, and I do hope everything's just as good for you and yours.