tag:blogger.com,1999:blog-4921988708619968880.post3745203541325437334..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: August 27 2011: Et tu, Commodities?Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger277125tag:blogger.com,1999:blog-4921988708619968880.post-49003960918625005432011-09-01T18:36:33.342-04:002011-09-01T18:36:33.342-04:00WHOOPS! DRAT! posted the above to the wrong darn t...WHOOPS! DRAT! posted the above to the wrong darn thread; sorry. Meant for it to go on the new thread. Mods: delete the above (and this) if you can or want to.Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24111915270485329272011-09-01T18:35:34.204-04:002011-09-01T18:35:34.204-04:00PP: "I'm not insulting you"
And I d...PP: "I'm not insulting you"<br /><br />And I didn't think you were.<br /><br />PP: "existential crises bearing down on modern industrial civilization."<br /><br />I think they are existential crises bearing down most hard on the U.S., and the West in general, and on the global capitalistic system that is largely sustained/perpetrated by the West, with it's centersAlan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28708062923875975142011-08-30T19:26:38.204-04:002011-08-30T19:26:38.204-04:00El G: I am not offended and I don't feel &quo...El G: I am not offended and I don't feel "persecuted". Perhaps you did not notice the jocular smiley-face at the end of my post. Yes, we toss light insults at each other, but it is just part of manly repartee. No?<br /><br />quoting El G: "Previous generations have eaten almost all the low hanging fruit, not just in terms of fossil fuels, but mineral ores, good top soil, Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34436638911819298612011-08-30T19:08:22.936-04:002011-08-30T19:08:22.936-04:00[...continued from last...]
Stable ecology? I...[...continued from last...]<br /><br />Stable ecology? I've become fairly familiar with China's environmental issues in recent years, and they are surely formidable. But equally formidable is the commitment they are making to correcting them. As just one example, you might want to google up the Chinese "Great Green Wall" project, one of the most ambitious ecological Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39799976750966520942011-08-30T19:06:55.975-04:002011-08-30T19:06:55.975-04:00Ash: "it seems your unrelenting faith in the ...Ash: "it seems your unrelenting faith in the capitalist market system exceeds that of even FGAs."<br /><br />I don't know where that came from. Perhaps you missed the passage that I wrote: "If global capital markets collapse [i.e. IF CAPITALISM COLLAPSES], they will re-organize and find another way, probably a quite creative one." Do those words strike you as coming from Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30905098452621444152011-08-30T15:48:16.679-04:002011-08-30T15:48:16.679-04:00New post up.
Europe squanders its last shred ...New post up.<br /><br /><br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2011/08/august-30-2011-europe-squanders-its.html" rel="nofollow"><b>Europe squanders its last shred of credibility</b></a><br /><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36373483646938327302011-08-30T15:11:45.123-04:002011-08-30T15:11:45.123-04:00B. Benton,
Got carried a way a bit, I meant to su...B. Benton,<br /><br />Got carried a way a bit, I meant to suggest that you compare a graph of oil against the spot price of gold they do seem to be joined at the toe hip and teeth.scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91561981791506333002011-08-30T15:06:13.684-04:002011-08-30T15:06:13.684-04:00D. Benton Smith:
Try petroleum for your frame of ...D. Benton Smith:<br /><br />Try petroleum for your frame of reference for gold. That is the stuff that makes the world chug along right now. When that becomes a thing of the past I guess we will have to measure gold against good old yankee muscle power, if there is any of that still around. Ya load 16 tons of number nine coal and whaddya get? Hmmmm possibly a coronary an no chance of a bypass scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22698832274951345662011-08-30T14:47:54.030-04:002011-08-30T14:47:54.030-04:00Alan 2102
While I don't use the term goldbug ...Alan 2102<br /><br />While I don't use the term goldbug myself, it is a common term for people who have strong faith that physical gold will allow them to withstand the coming hard times and is not particularly derogatory or defamatory. I was surprised that you took such offense at it and held the commentariat here in such low esteem because they were persecuting you, despite the obvious el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66159871160024608402011-08-30T14:42:13.422-04:002011-08-30T14:42:13.422-04:00"Sane people jump off the gerbil wheel once t..."Sane people jump off the gerbil wheel once they reach a point in life where their basic needs are not threatened."<br /><br />To add to that, a insightful quote from Lord Keynes:<br /><br />"When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral SecularAnimisthttps://www.blogger.com/profile/00391479249569818914noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47899584413800517692011-08-30T14:41:43.543-04:002011-08-30T14:41:43.543-04:00To measure anything takes a “ standard”, to measu...To measure anything takes a “ standard”, to measure it against. Our view of the world is profoundly influenced by the standard we use at any given moment.<br /><br />The standard and the view, taken together, are a 'frame of reference.'<br /><br />People once thought the sun circled the earth because that's how it looked. Their frame of reference was a viewpoint standing on the D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19266821712103176382011-08-30T14:24:59.982-04:002011-08-30T14:24:59.982-04:00@Seychelles
That ain't a rant. It's simp...@Seychelles<br /><br />That ain't a rant. It's simply a good and useful truth.<br /><br />Don't say it to the guards, though, or they'll increase everybody's meds.D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-541434735190185402011-08-30T13:50:05.730-04:002011-08-30T13:50:05.730-04:00The most important thing about money is that peopl...The most important thing about money is that people agree to use it as a medium of exchange or a social lubricant. In practice, however, money is a mirror that shows human nature at its worst. None of us will live long enough to see humanity evolve to the point where discussions of money are not unpleasant...if it ever does. All one can do is to try to honestly understand one's strengths seychelleshttps://www.blogger.com/profile/17758362037570506475noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-16519576457401623162011-08-30T13:28:33.748-04:002011-08-30T13:28:33.748-04:00Alan,
The fact that industrial infrastructure wil...Alan,<br /><br />The fact that industrial infrastructure will survive financial collapse is not a good thing for your argument. That just means there is excess capacity in the face of falling demand in already oversupplied markets. At first, I thought you disagreed with Freegold because it was too idealistic, but it seems your unrelenting faith in the capitalist market system exceeds that of evenAshvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68932523622485414562011-08-30T13:20:59.278-04:002011-08-30T13:20:59.278-04:00muchtooloose said...
Used said:]]
"...muchtooloose said...<br /><br /> Used said:]]<br /><br /> "Gold does not perform when Inflation is high ie: 1980-2001."<br /><br /> Of course it does, you big silly, it tracked oil perfectly during that timeframe! You really got to get a grasp on what real wealth is and what are mere paper proxies ... and rather absurdly inaccurate proxies as well.<br /><br />************<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35027286742456963202011-08-30T13:04:57.027-04:002011-08-30T13:04:57.027-04:00Alan2102
the fact that I am talking about the ave...Alan2102<br /><br />the fact that I am talking about the average middle-middle American<br /><br />What would characterize this US-izen as far as age, pretax gross income and overall net worth?seychelleshttps://www.blogger.com/profile/17758362037570506475noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44034363174563464332011-08-30T13:01:59.971-04:002011-08-30T13:01:59.971-04:00Used said:]]
"Gold does not perform when Inf...Used said:]]<br /><br /><i>"Gold does not perform when Inflation is high ie: 1980-2001.</i>"<br /><br />Of course it does, you big silly, it tracked oil perfectly during that timeframe! You really got to get a grasp on what real wealth is and what are mere paper proxies ... and rather absurdly inaccurate proxies as well.scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35041842935876994022011-08-30T12:53:05.760-04:002011-08-30T12:53:05.760-04:00I think the US government debt can be paid off
Al...I think the US government debt can be paid off <br />Al they have to do is play a number on the gold bugs<br />Than we might not see a depression.<br />I am just getting started in this field and already I coming up with amazing ideasJackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91692467383580675442011-08-30T12:51:54.265-04:002011-08-30T12:51:54.265-04:00Alan2012 said:
Which is -- and I am not kidding a...Alan2012 said:<br /><br /><i>Which is -- and I am not kidding about this -- why we need to start talking right now about alternative meds and tech for depression, anxiety, insomnia, panic attacks, and all the other stress and psychiatric problems that people will be having more than ever…We need to start developing affordable alternatives and services that people can grow/manufacture/do for Punxsutawneyhttps://www.blogger.com/profile/09462275239011115572noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73852751219469741692011-08-30T12:31:38.368-04:002011-08-30T12:31:38.368-04:00India,Arab countries,and many other contries peopl...India,Arab countries,and many other contries people are hoarding gold.<br />Someone here posted a video of Indonasia and over there nobody keeps money and all they do is keep gold.<br />Many people in USA and other modern countried have started to hoarding gold recently.<br /><br />That mentality is right but another factor comes into play here and that is gold on paper and wall street.<br />Jackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4854198937219590172011-08-30T12:28:06.872-04:002011-08-30T12:28:06.872-04:00Skilo: "What is the best smoking gun evidence...Skilo: "What is the best smoking gun evidence there is that unlimited money is being borrowed and thrown at the gold and silver markets?"<br /><br />I linked in past posts on this thread to gata.org items that are helpful. There's much more; gata.org is THE best source for info.Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10647689888473421012011-08-30T12:24:19.433-04:002011-08-30T12:24:19.433-04:00Ash: "I'm still not understanding how you...Ash: "I'm still not understanding how you arrive at the conclusion that prices for most consumer items will continue increasing, when you acknowledge how inflexible the current structure is"<br /><br />1. My reply emphasized the high FLEXibility of human/consumer responses to price increases and other stresses. Whether or not the "current structure is inflexible", Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80900662629220232412011-08-30T12:23:36.729-04:002011-08-30T12:23:36.729-04:00In the previous comment of mine (in referece to pe...In the previous comment of mine (in referece to petroleum) it should read:<i>if possible, to increase its rate of misuse of allocation.</i> and not ,<i>if possible, to increase its rate of consumption.</i> <br /><br />So sorry ASh Alan and used, if have confused you!<br /><br />BTWI agree with you three that production should be increased but I do not think there is any real possibility of that scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12763914216522179202011-08-30T11:31:17.657-04:002011-08-30T11:31:17.657-04:00DIYer: "Isn't it amusing that the "b...DIYer: "Isn't it amusing that the "bugs" complain so much about price suppression, when they should be saying thank you"<br /><br />Most of us DO say "thank you" for the lower prices -- from a personal interest standpoint. Not only does it allow accumulation at lower prices, but it guarantees more explosive upward movements in the future.<br /><br />But some of Alan2102https://www.blogger.com/profile/03077725184637352859noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79417073291663509422011-08-30T11:21:00.171-04:002011-08-30T11:21:00.171-04:00skilo said...
@used,
>>You can'...skilo said...<br /><br /> @used,<br /><br /> >>You can't fool the Long Bond and you can't fool Gold-<<<br /><br /> Yes, 3.52% for the 30 year bond is definitely telegraphing imminent high inflation / hyper inflation.<br /><br />********<br />You are not following what I'm pointing out-<br />There will be no "high Inflation or Hyper-inflation at least not in Anonymousnoreply@blogger.com