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Perhaps I ignored it, but to be fair, you ignored the important and rather lengthy link that I provided on the theory of endogenous money creation.
I apologise as I didn't see your link. I don't normally engage in battle of link type discussions but I went back and read it to see what it says. I don't disagree with any of it except for these two things. The initial analysis ignores discontinuities caused by legislative changes and there have been plenty over the last 25 years. The second is in the attempt to explain the economy meltdown. Where it makes the mistake is in the assumption that finance is the cause of the problem when it isn't. It a symptom of a problem that goes well beyond the subject of money creation.
LOL I have a little bit of Gold but the bulk of what I have is Silver which is currently 13 dollars an ounce.
Silver currently 17 dollars an ounce which is a nice little gain of 31% since the posting. Also my short positions are starting to have some really nice gains as well The market top is already in as I have posted and its only down down down from here.
Silver currently 17 dollars an ounce which is a nice little gain of 31% since the posting. Also my short positions are starting to have some really nice gains as well The market top is already in as I have posted and its only down down down from here.
I just wish you would have lunch with me and explain to me how to make money at this point, lol.
Silver currently 17 dollars an ounce which is a nice little gain of 31% since the posting. Also my short positions are starting to have some really nice gains as well The market top is already in as I have posted and its only down down down from here.
Silver hasn't moved moved much in the last month or so and was in fact higher in mid Oct.
It's gold that is screaming to the stratosphere. New high yet again today. Seem my earlier topic on gold coins.
In any case, I suspect that both will continue to move significantly upward. I wish Charlotte had a decent bullion dealer but none to be found here. However I recommend that everyone reading this go out and get some American Buffaloes or Eagles. Still plenty of time to make some money on this.
Silver hasn't moved moved much in the last month or so and was in fact higher in mid Oct.
It's gold that is screaming to the stratosphere. New high yet again today. Seem my earlier topic on gold coins.
In any case, I suspect that both will continue to move significantly upward. I wish Charlotte had a decent bullion dealer but none to be found here. However I recommend that everyone reading this go out and get some American Buffaloes or Eagles. Still plenty of time to make some money on this.
Very true Gold has been going up steadily and is an excellent investment. I just think that the percent return on Silver will be far greater in the coming months/years than it would be if one owned Gold.
I just wish you would have lunch with me and explain to me how to make money at this point, lol.
He can't ani. He having lunch with Carleton Sheets!
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The market top is already in as I have posted and its only down down down from here.
