Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

[metalman]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

Those risks are in any good finance textbook. They were there in the 80's I know for sure. itulip didn't invent the personal computer or air conditioning either, I'm pretty sure.

raja said... 'EJ's article points to the dangers of TIPS, but says nothing of the dangers of gold.'

i said... no. warning about 'dangers of gold' since at least 2000 when i started reading the site... warned gov't tax the crap out of it.. 50%.

why not 100% gold? that's why.

find me warnings re 50% tax on gold as a reason not to own 100% gold... or similar to it... that predates 1999, pls. then you are right. thx.

[Bruno T]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

itulip was the first to warn about all of that. matter of fact... chances are you got the idea here 3 yrs ago but forgot... often given as the reason for a mere 30% position vs 100% like some folks here got.

google search saves time & rehashing old debate. search & recall.

Those risks are in any good finance textbook. They were there in the 80's I know for sure. itulip didn't invent the personal computer or air conditioning either, I'm pretty sure.

[metalman]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

You could take it home. :rolleyes:

uh, oh. didn't mean to hijack this thread. i'll go now to make an attractive lamp out of a real squirrel. why? because it's fun!

[tacito]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

truth... we like war. we shall have more if it.

You could take it home. :rolleyes:

[Chris Coles]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

No, No, NO,

I MEAN I BURIED IT IN BEN BERNANKE'S BACK YARD!

Yes, THAT'S where it IS!

But what if he has a metal detector and practises in his back yard???

[Serge_Tomiko]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

How is the USA not Argentina, again? (Okay, Argentina with Nukes and presently, the most capable military in the world that just also happens to have the biggest energy requirement of ANYTHING on earth).

I like your post, but this is all that really matters. In time, a coup will take place in this country with the few seizing control of our ICBM arsenal in the northern states - conveniently the most prosperous and peaceful part of the nation. Until a new, more sane regime takes control of the shattered remnants of this empire, the threat of madness will keep the system going for a while.

Demographic concerns are in my mind, most troubling. Places like California will not function has states of a unified Republic for much longer.

[metalman]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

Be careful! People might start to think you're a security risk, if you go on quoting Muslim Scholars like that!;)

people might not care for my taste in art, either...









i lke this guy mumford... his art has 'truth' in it...

Steve Mumford
"THE WAR IN IRAQ"
new paintings by Steve Mumford

These paintings are based on experiences and impressions from 11 months in Iraq. I went there four times, from April, 2003 to October, 2004, spending about half of my time embedded with various US military units throughout Baghdad and the Sunni Triangle. I also got to know many Iraqi artists in Baghdad, who I hung out with on each trip.

I was drawing and painting in watercolor throughout these trips, but looking for compositions for oil paintings that might go beyond simply recording daily life and tasks. I wanted to distill something essential about the drama of war, beyond right and wrong.

These aren't anti-war paintings. They aren't political. I'm not trying to address the morality of war, or George Bush's foreign policy agenda. I went to Iraq because I wanted to know what being in a war zone was like, and paint about it from my own subjective experiences. The events in the paintings are either things I saw or things that happened nearby.

I found being in a war zone addictive. An uneventful patrol with a platoon (99% of them were) might elicit a "That was ******* boring!" from a soldier. I always knew what they meant, that yearning for action, yet dreading it. I'm sure the young Sunni insurgents, lying in ambush, felt exactly the same thing.

The Vietnam War photojournalist Tim Page was recovering from shrapnel wounds when he supposedly got a request for a submission for a book with the purpose of "taking the glamour out of war". Page declined, telling his friends that you could no more take the glamour out of war than out of sex, or the Rolling Stones.

truth... we like war. we shall have more if it.

[jtabeb]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

Be careful! People might start to think you're a security risk, if you go on quoting Muslim Scholars like that!;)

[metalman]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

reminds me... here's a libertarian leader before his time!

who said... (no cheating with a google search!)

'the future belongs to those who prepare for it today' and 'nobody can give you freedom. nobody can give you equality or justice or anything. if you are a man, you take it'.

.
.
.
.
.
.
.
.
.
.
.
give up?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

[jtabeb]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

What? No, fell of the back of a lorry you know!!

No, No, NO,

I MEAN I BURIED IT IN BEN BERNANKE'S BACK YARD!

Yes, THAT'S where it IS!

[jtabeb]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

i get you, but you gotta admit... 99% of moms & dads with families are not in your position. americans roll over when confronted with even the weakest challenge to business as usual. heck... they've already turned in their gold at cash4gold & gold parties for pennies on the dollar. they'll happily turn in their 'gold hoarding' neighbors if they're told its good for them.

Don't give a shit.

When Living on your knees becomes DYING face down with a bullet hole to the back of your skull, you'll know it's too late.

There is a REASON that you live on your feet! It's because if you live on your knees, the above can happen to you at ANY time, subject only to the WILL of the powers that be.

Capice?

(something about

‘All that is necessary for the triumph of evil is that good men do nothing’


comes to mind)

[jpatter666]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

i get you, but you gotta admit... 99% of moms & dads with families are not in your position. americans roll over when confronted with even the weakest challenge to business as usual. heck... they've already turned in their gold at cash4gold & gold parties for pennies on the dollar. they'll happily turn in their 'gold hoarding' neighbors if they're told its good for them.

Or better still, good for the country. Turn in that gold-hoarding anarchist and get a gold star on your door as well as a mention in Oligarch's (oops! I meant Pravda...um...Financial Truth) Daily!

[Chris Coles]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

What? No, fell of the back of a lorry you know!!

[Jay]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

i get you, but you gotta admit... 99% of moms & dads with families are not in your position. americans roll over when confronted with even the weakest challenge to business as usual. heck... they've already turned in their gold at cash4gold & gold parties for pennies on the dollar. they'll happily turn in their 'gold hoarding' neighbors if they're told its good for them.

Gold, what gold, I don't know what you are talking about. ;)

[metalman]

Re: Lessons of the American Lost Decade – Part 1: The gold bugs were right - Eric Janszen

Fuck'em if they try. (plus they'd loose about 25% of the people I know in the military, INSTANTANEOUSLY)

(Fortunately, Mercenary work is one of the only global job growth opportunities.)

i get you, but you gotta admit... 99% of moms & dads with families are not in your position. americans roll over when confronted with even the weakest challenge to business as usual. heck... they've already turned in their gold at cash4gold & gold parties for pennies on the dollar. they'll happily turn in their 'gold hoarding' neighbors if they're told its good for them.