PosFCF

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 3:14 AM

Re: Price of gold: what correlates?

A somewhat better correlation is found between POG and MZM (Money of Zero Maturity, the big boyz money supply). It isn't exact because POG fell in the late 1990s while MZM rose. This was the tech bubble, when money shifted from gold to stocks, as [more]

Boards Post

PosFCF replied to the Political Asylum board. 4:14 PM

Re: IRRELEVANT

I do care why the prez whereabouts is such a mystery during the time four Americans were being brutally murdered and knowing the attack was happening.

Then I'm sure you were just as publicly incensed here on this forum when the former [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 10:38 AM

Re: money again

As you all know, I've been puzzling over just what money is.

One of the follow on questions is what makes "money" different than "currency"?

If the position is taken that there is no difference between the [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:19 AM

Re: Welcome back NO DOC Refinancing:taxpayer foo

jerryab

To be eligible, the loan must also be a first-lien mortgage that is at least 12 months old with a loan-to-value ratio equal to or greater than 80 percent.

FM is not going to go for the highest-risk loans that are [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 3:52 PM

Re: OT: Sweet spot for salt?

Have regular check-ups which include bloddwork & if your sodium levels are within normal ranges, don't worry be salty!

Poz
(from Windermere, England.....the Lakes district)

Boards Post

PosFCF replied to the Political Asylum board. 10:51 AM

Re: I HAVE LEUKEMIA .... NO BS, JUST FACT

I will keep you updated, but I did not expect to be a guinea pig for Obamacare

Thanks all you liberals who delivered this mess to me.

Bears ... NO BS

Thought you might be able to find some answers [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 7:20 PM

Re: Important Letter re: Fed Exit Strategies

I think you mean Dorothy, don't you? (chuckle)

Yep, busted for sure!

Poz

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 6:10 PM

Re: Important Letter re: Fed Exit Strategies

I don't think the real problem is whether or not the Fed holds bonds to maturity so much as it one of how does it stop being the major (only?) purchaser of the bonds?

If the theories being tested a la QEinfinity actually do [more]

Boards Post

PosFCF replied to the Political Asylum board. 5:52 PM

Re: Guns Kill Children

So you're saying that it's the rate over time that makes guns a more serious problem. I see.

Yes, 20 kids in minutes not 48 kids in a month. I wonder what your attitude would be if one of those 20 were yours, say the 19th or [more]

Boards Post

PosFCF replied to the Political Asylum board. 5:02 PM

Re: Guns Kill Children

...but swimming pools kill almost five times as many children under the age of 10 than guns do.

The next time a swimming pool kills 20 kids in a few minutes, maybe we'll need to amend the constitution....or regulate the way the pools [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:43 PM

Re: Taibbi: Everything Is Rigged

Jesse's Cafe Americain has a blurb about the Matt Taibbi article. There is a red bar at the base of that blurb which is an audio interview on the Leonard Lopate Show:
[more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 9:22 AM

Re: Taibbi: Everything Is Rigged

This article from the Rolling Stone indicates one of the premises upon which I build my positions in bullion is, if anything, perhaps understated. That premise being that when the control of the creation of money is put into the control of people [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 6:06 PM

Re: Taibbi: Everything Is Rigged

It's not just stealing by reaching a hand into your pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever's in your pocket worth less.

No worries, mate! It's just nicking a bit [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:37 PM

Re: If you had to put $1M in one symbol

jgc123

I had dropped the topic because Pos is one of my favorite posters and in fact is a much stronger contributor to this board than me. The almost passive-agressive response to my earlier post caught me by surprise and I felt this [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:17 PM

Re: Chart: gold price vs. CPI

Wendy

This good article gives several reasons why gold is in a bubble and will probably revert to the mean compared with inflation. For me, the chart is the clincher.

Find a chart comparing the price of gold to the total [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:05 PM

Re: If you had to put $1M in one symbol

No, it was "what symbol." I said "$",....That's right, you gave the dollar sign, not the symbol for any index, the dollar sign. Anyone who reads more than one of you ubiquitous posts knows that your command of the language [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:16 AM

Re: If you had to put $1M in one symbol

jgc123

And if you put $100,000 into JNJ in 1971 you would now have $8 million, not counting dividends that you could have lived on while the gold sat in a safety deposit box:

Sure, and I could cherry pick a counter company [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:32 PM

Re: If you had to put $1M in one symbol

Whafa

To everyone living on Earth, that linen has real value which is observable every day.

I did a calculation the other day that startled even me. If one had 2 safety deposit boxes and at the end of 1971 (the year is [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:23 PM

Re: If you had to put $1M in one symbol

I maintain that you have ceased to think about this whole issue objectively, Poz. Maybe to an alien from Mars, your comment would be accurate. To everyone living on Earth, that linen has real value which is observable every day. [more]

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 11:21 AM

Re: Dollar stuff

Poz has stipulated the fallacy of holding US dollars as opposed to gold. I would politely point out that the above scenario defines a liquidity crisis similar to the one we experienced in 2008-9. At that point, those who held gold needed to sell [more]