Mahant!

The Money Masters: How International Bankers Gained Control of America http://users.cyberone.com.au/myers/money-masters.html . :) Falkor

Why Did Warren Buffett Buy all of that Silver Anyway? The Stock Market & Dollar Bulls today, would have you believe that Warren is too smart to buy his silver for any old time traditional belief about money, gold, or silver, rather that he must know of some wonderful new technology that will arrive, and which will require plenty of silver in its applications. This may be true, but an aggressive move like that would contradict his decidedly more conservative modus operandi, and besides, it would make more sense that he corner the palladium market then. Let's consider that Mr. Buffett has always tried to stay away from timing the market, on the premise that he is not a market timer or speculator, but rather, an investor. His recent withdrawal from the stock market coupled with no real reported change in his silver holding then, remains a conundrum. On the surface, it would seem too risky to buy into such an ...

What is the Question Then The fiat money of the day has a price, but it is only redeemable for other fiat money at the going rate. It has no anchor and its only value lies in its currently accepted role as a medium of exchange and in its "ability" to measure value (note that I've excluded "a store of value"). It is not fixed in supply, and political necessity has often created a volatile "price," which is why its ability to reliably measure value is in question. For the purpose of this essay, I will refer to the exchange rate as a price, in order to make a point. Anything that is infinite in quantity has no material price and no value, except in its use. Water is necessary for our survival so it has a value, yet where it is abundant, it is generally free to consume as one pleases. Where its marginal utility1 can decline to a theoretical zero, it has no price. In the case of money, ...

A Simple Perspective Will Do The date is 2000-05-28. Don't you get tired of all the bad news bears reminding you of all these instabilities, excesses, and 'potential' tensions in the global economy? After all, hasn't it always been like that? Yes it has, but not in money it hasn't. Increasingly, investors find it harder to know where to put their savings. What about Government Bonds? Wrong. Their recent record of capital losses have wiped out your guaranteed yields, probably because the stock market keeps crowding them out, and this even in a strong dollar and low inflation environment. Furthermore, there is no reliable liquidity and potentially poor quality debt in the corporate sector. Foreign assets? Wrong. Most of the world's economies are riskier, have been under performing, and also, there is this thing called currency risk. Like how is the average person gonna cope with currency...

One of the mistakes that should count as one of the most frequent and most inflicting is the "it is different this time" syndrome :) Falkor