tag:blogger.com,1999:blog-4921988708619968880.post8082637414195371303..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, June 15 2008: Free capital flows and instabilityIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4921988708619968880.post-73291631018957201462008-06-16T11:24:00.000-04:002008-06-16T11:24:00.000-04:00Anon,I agree that such commerce is likely to be fa...Anon,<BR/><BR/>I agree that such commerce is likely to be far more closely monitored and controlled we develop an ever greater resemblance to a police state. Those lucky enough to have been born here over the last few decades have enjoyed more freedom and comfort than almost any humans who ever lived, but unfortunately it's not destined to last. <BR/><BR/>In hard times, when the potential for Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72815468522314368242008-06-16T10:08:00.000-04:002008-06-16T10:08:00.000-04:00“The US & Canada have finally set their sights on ...“The US & Canada have finally set their sights on tighter control of non-dollar based transactions over the internet. They want to avoid proliferation of such commerce, first because it represents an alternative universe outside the dollars, but secondly because it avoids sales tax revenue income for the respective governments. They therefore smear such commerce as having its origin in organized Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89388092111090374172008-06-16T09:56:00.000-04:002008-06-16T09:56:00.000-04:00CJ and Bigelow,I think we're uncomfortably close t...CJ and Bigelow,<BR/><BR/>I think we're uncomfortably close to a tipping point to say the least, but it's difficult to be specific as to when we might reach it. So far we''re ratcheting down in stomach-churning lurches interspersed with periods where everyone goes back to sleep again for a couple of months.<BR/><BR/>As to timing clues from the market, the DJIA has been approaching a trendline Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38299193729541531252008-06-16T09:15:00.000-04:002008-06-16T09:15:00.000-04:00“The following letter was written to the editor of...“The following letter was written to the editor of the British newspaper, The Independent, about their article, Fade to Black: Is This The End of Oil? Mike is asking blog readers to write to the paper in support of his letter. --Michael C. Ruppert”<BR/>http://www.mikeruppert.blogspot.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-57670944530831214992008-06-16T09:14:00.000-04:002008-06-16T09:14:00.000-04:00CJ has the big question: “How soon do you think th...<B>CJ has the big question: “How soon do you think that we will see dramatic effects to show themselves relative to deflation?”</B><BR/><BR/>I haven’t a clue. Things can lurch along for longer than they possibly should …then presto! What say you two?Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90127667396585597462008-06-15T22:24:00.000-04:002008-06-15T22:24:00.000-04:00Hi AllGreat blog...I read often and with interest....Hi All<BR/><BR/>Great blog...I read often and with interest.<BR/><BR/>Re: the market speculation thread and oil prices. I have been struggling with this one myself. Mainly because of the feedback system between investment markets and commodity producers.<BR/><BR/>To be brief, higher market prices will encourage more producers to get into the market with their product, particularly if there is aEdward Lowehttps://www.blogger.com/profile/11448144003949581799noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36273482891099044892008-06-15T21:27:00.000-04:002008-06-15T21:27:00.000-04:00Hello,How soon do you think that we will see drama...Hello,<BR/><BR/>How soon do you think that we will see dramatic effects to show themselves relative to deflation? There has been some evidence, but to date it seems rather small. As long as the Wall Street gangsters have the support of the US Fed and Treasury they can for a while hide their losses, but at some point there must come a day of reckoning. It seems to me that the enormous collapse orcjhttps://www.blogger.com/profile/16547550864363110987noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-111788867629144432008-06-15T18:51:00.000-04:002008-06-15T18:51:00.000-04:00Speculator is a bad term. Appears to me everything...Speculator is a bad term. Appears to me everything in the stock and commodity market is "speculation". Speculation is not illegal, is it, unless it is done by teaming up and communication between parties etc. in ways determined illegal to manipulate. Hard to prove, but doesn't mean it does not happen.<BR/><BR/>Is there evidence of this. Probably not. Is the type of oil that many wish to buy in bicycle mechanichttps://www.blogger.com/profile/17008971495294158347noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71799989208025530582008-06-15T17:08:00.000-04:002008-06-15T17:08:00.000-04:00Shargash,When I say speculation is driving oil pri...Shargash,<BR/><BR/>When I say speculation is driving oil prices into a blow-off top, or that rapidly changing expectations are a key price driver, I am not denying the reality of peak oil. Supply and demand are tight, but as I said yesterday, that is a recipe for substantial price volatility, with prices potentially veering wildly from over-valued to under-valued. Supply and demand establish the Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37565457198569442192008-06-15T17:05:00.000-04:002008-06-15T17:05:00.000-04:00no shargashYou don't have to be digging, just payi...no shargash<BR/><BR/>You don't have to be digging, just paying attention is enough. Denying the impact of money flowing towards oil, and from other investments, is not very constructive.<BR/><BR/>And you should not words like that for our statements. It is not appreciated, and it makes you look even more foolish than your limited grasp of the situation already does.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81660330939545731742008-06-15T14:30:00.000-04:002008-06-15T14:30:00.000-04:00"Living habits don't change that quickly and, as a..."Living habits don't change that quickly and, as a result, neither does demand. The only thing that changes that quickly is expectations -- which keep on driving up prices."<BR/><BR/>What an idiotic statement. Demand doesn't change that quickly, supply does. Prices are set my demand AND supply of the commodtiy. They are not set by people buying paper. And small changes in supply can result in Anonymousnoreply@blogger.com