Gold, T-bills, T-bonds or What?

[Sapiens]

There is nothing new under the Sun. For those of you wondering what will happen in the next few years, I will give you some tomes to read so you may draw your own conclusions.

On a personal note: I am tired, I am old and lack the greed to take on the City or Wall Street and choose to rather die a happy man on my hacienda. I fear for my eldest child, since he does seem to have the greed to own the Earth.

All the best to you and yours, from my heart, spirit and soul,

Sapiens

Seven Financial Conspiracies which have Enslaved the American People, (1894),

The Great Conspiracy of the House of Morgan Exposed and How to Defeat it, (1916),

The Banking Octopus, and the Silver Question, An American Financial History, (1896)

An Honest Dollar, (1894),

Free Silver and the People, A Campaign Hand-Book for the Struggling Millions against the Gold-Hoarding Millionaires, (1896),
The Conspiracy against Silver, or A Plea for Bi-Metallism in the United States, (1886),
Resumption of Specie Payments, Enforced Contraction of the Currency will cause Distress and Panic, (1868),
Our Silver Coinage and its Relation to Debts and the World-Wide Depression in Prices, (1885),
Hard Times, A Few Suggestions to the Workers and A Broad Hint to the Rich, (1885),
Real Bi-Metallism, or True Coin Versus False Coin, (1895),
American Money, (1889),
BiMetallism, (1899),
Address Delivered by D.B. Dewey before the Bankers Assocation, or Bank Credits, (1896),
Letters to Farmer's Sons on the Questions of the Day, (1891)

[Guest]

Re: Gold, T-bills, T-bonds or What?

Sapiens -

There is not enough silver left to reintroduce it as coinage. Nor is there even a volume of economically minable silver sufficient to reintroduce it as a global currency-backing asset in any realistic sense. If only for this reason, the days of silver as an asset backing currencies seem inevitably gone.

[GRG55]

Re: Gold, T-bills, T-bonds or What?

There is nothing new under the Sun. For those of you wondering what will happen in the next few years, I will give you some tomes to read so you may draw your own conclusions.

On a personal note: I am tired, I am old and lack the greed to take on the City or Wall Street and choose to rather die a happy man on my hacienda. I fear for my eldest child, since he does seem to have the greed to own the Earth.

All the best to you and yours, from my heart, spirit and soul,

Sapiens

Seven Financial Conspiracies which have Enslaved the American People, (1894),The Great Conspiracy of the House of Morgan Exposed and How to Defeat it, (1916),
The Banking Octopus, and the Silver Question, An American Financial History, (1896),
An Honest Dollar, (1894),
Free Silver and the People, A Campaign Hand-Book for the Struggling Millions against the Gold-Hoarding Millionaires, (1896),
The Conspiracy against Silver, or A Plea for Bi-Metallism in the United States, (1886),
Resumption of Specie Payments, Enforced Contraction of the Currency will cause Distress and Panic, (1868),
Our Silver Coinage and its Relation to Debts and the World-Wide Depression in Prices, (1885),
Hard Times, A Few Suggestions to the Workers and A Broad Hint to the Rich, (1885),
Real Bi-Metallism, or True Coin Versus False Coin, (1895),
American Money, (1889),
BiMetallism, (1899),
Address Delivered by D.B. Dewey before the Bankers Assocation, or Bank Credits, (1896),
Letters to Farmer's Sons on the Questions of the Day, (1891)

Sapiens: This has the tone of a final missive??? :eek:

[c1ue]

Re: Gold, T-bills, T-bonds or What?

There is not enough silver left to reintroduce it as coinage.

Lukester,

I understand where you're coming from - that the volume of non-manufacturing use silver is at historic lows - but use of a metal for coin is purely a valuation exercise.

All that needs to happen is to increase the value of silver within a given coin, and there would be enough.

Sure, there might not be much use for $1000 silver coins, but then again...

[FRED]

Re: Gold, T-bills, T-bonds or What?

There is nothing new under the Sun. For those of you wondering what will happen in the next few years, I will give you some tomes to read so you may draw your own conclusions.

On a personal note: I am tired, I am old and lack the greed to take on the City or Wall Street and choose to rather die a happy man on my hacienda. I fear for my eldest child, since he does seem to have the greed to own the Earth.

All the best to you and yours, from my heart, spirit and soul,

Sapiens

Seven Financial Conspiracies which have Enslaved the American People, (1894),The Great Conspiracy of the House of Morgan Exposed and How to Defeat it, (1916),
The Banking Octopus, and the Silver Question, An American Financial History, (1896),
An Honest Dollar, (1894),
Free Silver and the People, A Campaign Hand-Book for the Struggling Millions against the Gold-Hoarding Millionaires, (1896),
The Conspiracy against Silver, or A Plea for Bi-Metallism in the United States, (1886),
Resumption of Specie Payments, Enforced Contraction of the Currency will cause Distress and Panic, (1868),
Our Silver Coinage and its Relation to Debts and the World-Wide Depression in Prices, (1885),
Hard Times, A Few Suggestions to the Workers and A Broad Hint to the Rich, (1885),
Real Bi-Metallism, or True Coin Versus False Coin, (1895),
American Money, (1889),
BiMetallism, (1899),
Address Delivered by D.B. Dewey before the Bankers Assocation, or Bank Credits, (1896),
Letters to Farmer's Sons on the Questions of the Day, (1891)

This does have the tone of a sign-off. Hope not.

[Andreuccio]

Re: Gold, T-bills, T-bonds or What?

This does have the tone of a sign-off. Hope not.

I thought the same thing, and I also hope it's not a sign-off. I've learned a lot from Sapiens, even if he only answers my questions sporadically.

Should one of us be calling the paramedics and sending them to Sapien's hacienda?

[jk]

Re: Gold, T-bills, T-bonds or What?

I am tired, I am old and lack the greed to take on the City or Wall Street and choose to rather die a happy man on my hacienda. I fear for my eldest child, since he does seem to have the greed to own the Earth.

that's what happens when you try for world domination, if you're lucky. [if you're unlucky, you die early.] perhaps your eldest child will live a happier, less stressful life.

[Andreuccio]

Re: Gold, T-bills, T-bonds or What?

that's what happens when you try for world domination, if you're lucky. [if you're unlucky, you die early.] perhaps your eldest child will live a happier, less stressful life.

Brings to mind that scene in the Godfather, where Marlon Brando passes while playing with one of his grandchildren in the garden.

[Sapiens]

Re: Gold, T-bills, T-bonds or What?

Sapiens -

There is not enough silver left to reintroduce it as coinage. Nor is there even a volume of economically minable silver sufficient to reintroduce it as a global currency-backing asset in any realistic sense. If only for this reason, the days of silver as an asset backing currencies seem inevitably gone.

Lukester,

You irk me.

I offered the above listed tomes for edification because in them are written the history and lesson needed to cope with the present economic conditions, also, in those tomes are encapsulated great insights that may reveal to you your personal predispositions and animal spirits.

I was not writing about silver or referring to silver.

Let me share an example of what is enclosed within the above referenced works, this example from this particular volume:

Address Delivered by D.B. Dewey before the Bankers Assocation, or Bank Credits, (1896) Page 15 on the .pdf

Unsound money inflates values, incites extravagance, promotes wild schemes, is a curse because it produces false conditions, destroys stability in business and ends in disaster. The greatest sufferer is the laborer whose fortune as a rule consist chiefly of his daily earnings.

Now, let me express why you irk me. You irk me because you write, and write, and write with what seems to be the only purpose of attracting attention to yourself. Yet, again in my opinion, I find no substance to your expressed opinions. Point of fact, you are an avid voice for peak oil, yet you do not offer anything on alternative or viable solutions to the problem. For the record, I agree with you there is a problem, but I am willing to agree to disagree with those that do not hold my view, until my profits are not compromises of course.

Cheers,

-Sapiens

P.S. Thanks for pissing me off, at least you got me out of my funk.

[Rajiv]

Re: Gold, T-bills, T-bonds or What?

alternative or viable solutions to the problem. For the record, I agree with you there is a problem,

Sapiens,

Here is one possible solution to the CO2 problem -- Planktos is a company that grew out of experiments that began in the early 1980's -- the result is sequesteration of large amounts of CO2 with relatively little investment and effort. However for it to be a viable enterprise (the term is being used in more ways than one,) carbon trading has to be viable -- otherwise it can only be driven by the involvement of world governments.

Some links

http://www.planktos.com/educational/overview.htm
http://www.planktos.com/educational/carbon.htm
http://www.planktos.com/educational/eco-solutions.htm

Rajiv

[Sapiens]

Re: Gold, T-bills, T-bonds or What?

P.P.S. If you get a chance read the bottom of page 19, in reference about "Too much money dangerous."

[metalman]

Re: Gold, T-bills, T-bonds or What?

Sapiens -

There is not enough silver left to reintroduce it as coinage. Nor is there even a volume of economically minable silver sufficient to reintroduce it as a global currency-backing asset in any realistic sense. If only for this reason, the days of silver as an asset backing currencies seem inevitably gone.

great job pissing off sapiens. next time he bums out and threatens to throw up his hands in disgust, we all know exactly what to do!

[Guest]

Re: Gold, T-bills, T-bonds or What?

great job pissing off sapiens. next time he bums out and threatens to throw up his hands in disgust, we all know exactly what to do!

Yeah, well ... you do a pretty good job of pissing people off yerself metalguy, like with that "Mish" fella? Wow ... you really rolled out the welcome mat for him good.

[metalman]

Re: Gold, T-bills, T-bonds or What?

Yeah, well ... you do a pretty good job of pissing people off yerself metalguy, like with that "Mish" fella? Wow ... you really rolled out the welcome mat for him good.

well, sapiens is a major contributor here. what has mish ever contributed? nada.