Silver getting crushed today

Wow, I don't use Google either. Kinda makes you want to rethink it, doesn't it?

 

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This is a lie. We have a floating exchange rate system. VERY few currencies are tied to another, but there are ties of lesser countries to larger, such as Bermuda's being literally one-to-one tied to the U.S. dollar.

 

Okay, so now it's a crackpot fringe ideology cloaked in the power interplay language of Karl Marx. Mmm. Mmm. Getting weirder by the second. Next we'll get words like "proletariat" and "workers unite" served up with Forbes' nonsense.

I'm hoping those without a dog in this fight are appreciating that extreme leftist and extreme right wing messaging and language are being chosen a la carte and mixed together like some kind of bizarre bouillabaisse of craziness, as long as it serves the one real purpose - casting aspersions at (Oooh, scary!) "the powers that be". It has an ultimate outcome, dear readers, and it has a name. That name is:

Paranoid Personality Disorder

Now go and Google THAT!

 

Dolt and a politician no less. Color me shocked.
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”― Upton Sinclair

 

None are tied to anything but the promise to tax.

 

True enough. It's called the "full faith and credit" of the nation, but yeah, the power to tax is basically it in a nutshell. As. It. Should. Be.

 

So whether it's sakata or Danjohnson or any of their buddies here, it's all the same identical riff - an anti-intellectual, anti-education, anti-government paranoid rantfest that lies at the heart of their twisted ideology and by extension, their ties to precious metals. What an endorsement!!! "Chairman Forbes" must be bursting with pride.

 

Why would "the oil barons" care to "replace natural medicines with pharmaceutical drugs", used by the gram or milligram, when they had by then already cornered the motor-fuel market, used by the gallon?

This sounds like silly conspiracy-theorist fodder. Oil companies have done plenty of terrible things; we don't need to invent nonexistent ones.

 

Gee, y'think? It's who they are and what they do. GEICO did a whole ad thing with it.

 

I think this thread is way off topic.

 

Spot prices go up, then down by the about the same amount. Feel better? These difference of opinions can be a bit interesting when there is not much else to talk about at the moment. I should mention that they can also be dreadful. Fortunately, reading them is optional.

 

Posting is optional too.

 

speaking of silver


futures don't look so hot either

 

hang tight there FARMER it will pass... got all your hay rolled up.... FARMALL TRACTOR THERE IS IT Buck?

 

I think Bahrain and most of the Caribbean Islands too

but maybe there's confusion over what Exchange Rates are versus something being "tied" or "fixed" to a particular currency. (should have another thread)

 

Oh no! Say it ain't so Kurt!

"Keynes liked to quote a remark of the 18th-century moral philosopher William Paley: 'although we speak of communities as of sentient beings; although we ascribe to them happiness and misery, desires, interests and passions; nothing really exists or feels but individuals.' He believed in the primacy of individual effort, individual self-respect and individual fulfilment. Individualism was the ineradicable core of his economic thinking..."

Was Lord John a closet Austrian?


That was from #2 of this:

https://www.google.com/url?sa=t&sou...mMAA&usg=AOvVaw3zpmlnRJ2AGsH5VAn823C7&ampcf=1

 

No, Keynes was astute enough to realize, unlike you, that there is BOTH valid microeconomic analysis AND valid macroeconomic analysis, and the analysis of one does not really affect the other very much at all.

 

I'm afraid I don't see a distinction here at all. Floating exchange rates and being "tied" to something are mutually exclusive concepts.

 

While your conjecture about what a dead economist would do, think or say is fascinating...are you for freaking real? He was talking Austrian-the most cherished tenet.
Unless the quote is inaccurate. But he really did say it didn't he and your engaging in your patented spinny talk.