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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (56767)10/22/2009 9:31:26 AM
From: bull_dozer  Respond to of 217561
 
Wow ! Muchas Gracias !!!



To: TobagoJack who wrote (56767)10/22/2009 2:12:13 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217561
 
Piffle. Meanwhile, the FCC votes to cause netilepsy, meaning epileptic seizures in cyberspace, with their "net neutrality" ideology which will be as successful as their "Help the poor and melanin rich buy houses with or without an income to pay the mortgage, hosted by Fannie and Freddie government backed 100% mortgage neutrality, funded by US$ savers and trusters, backed by the full faith and credit of those sub-prime mortgagors voting us into power and look, we have even written "In God We Trust" on the banknotes so it must be good. It's internally consistent and ideologically pure". finance.yahoo.com

<Despite the concerns of telecommunications companies and the agency's two Republicans, the Federal Communications Commission voted to begin writing so-called "network neutrality" regulations. Proponents say the rules would prevent phone and cable companies from abusing their control over the market for broadband access.

FCC Chairman Julius Genachowski said regulations are needed to ensure that broadband subscribers can access all legal Web sites and services, including Internet calling applications and video sites that compete with the broadband companies' core businesses.

"Internet users should always have the final say about their online service, whether it's the software, applications or services they choose, or the networks and hardware they use to the connect to the Internet," Genachowski said.

The FCC's two other Democrats voted to support his plan. The agency's two Republican commissioners voted merely to start the formal rule-making process, but said they are opposed to the substance of Genachowski's proposal.

Republican Commissioner Robert McDowell said he remains unconvinced that broadband providers are engaging in widespread anticompetitive behavior that requires government intervention.

"I do not share the majority's view that the Internet is showing breaks and cracks, nor do I believe that the government is the best tool to fix it," he said.

Next up for the FCC is to actually craft the rules, with a vote on whether to adopt them expected to come by next summer.

That would culminate a five-year debate in Washington that has pitted Internet companies such as Google Inc. against some of the biggest phone and cable companies -- including AT&T Inc., Verizon Communications Inc. and Comcast Corp.

The broadband providers insist they need flexibility, free from government intervention, to keep their networks running smoothly. They want to ensure that high-bandwidth applications such as YouTube videos don't hog too much capacity and impede other traffic, like e-mail and online searches. They also say that net neutrality regulations would discourage them from expanding and upgrading their networks.

"We continue to hope that any rules adopted by the commission will not harm the investment and innovation that has made the Internet what it is today and that will make it even greater tomorrow," Comcast Executive Vice President David L. Cohen said in a statement.

But companies such as Google, Amazon.com Inc., eBay Inc.'s Skype and Facebook Inc. argue that without such rules, the broadband companies will become online gatekeepers that can prioritize their own online services or those of their business partners -- and potentially put others at a disadvantage.
>

In which case people can cancel their service with their ISP and choose somebody who does a better job. For example, a while ago, Telstra stopped their customers accessing Zenbu's IP addresses. After their customers kicked up a big stink, they managed to figure out that they had better change that quickly.

Telstra gets no recommendations from Zenbu as a reliable ISP>

Mqurice



To: TobagoJack who wrote (56767)10/22/2009 4:36:18 PM
From: energyplay2 Recommendations  Read Replies (4) | Respond to of 217561
 
60 k $ per ounce ? Maybe with a 20:1 (95%) drop in the value of the USD...

But even with a 75% drop in the US Dollar value, so gold would be at 15 k in today's dollars - that price would be the extreme tail of the extreme tail, and even a 10k price could not last more than 3 days.

World GDP per person is about 7k (2006)
There is about 0.8 ounces of gold per person.

Someone working streams in Northern California with a tiny dredge can recover about 0.5 - 1 ounce per month.

I expect that the independent miners in Brazil, Africa, China, etc. can recover 0.20 to 2.0 per month - Let's use 0.5 ounce.

So in one or two months the average gold miner would recover value equal to 15,000 current USD. A multiple of the per capita income in most countries.

These high prices would result in 250 to 500 million people mining world wide...and about 100 million ounces recovered each month. At 60,000 per ounce, that would be 6 Trillion dollars.

Even at 15,000, that would be 1.5 Trillion.

About 3 months of this (1.5 T) would equivalent all of China's USD bond holdings.

*******************

You are getting 60k by taking a YEAR's GDP etc. and dividing by
the gold available. Assume that gold, or a gold backed currency, circulates...a reasonable turn over of 6 times per years means $10k, and 12 times per year means $5 k .

*******



To: TobagoJack who wrote (56767)10/25/2009 9:55:24 PM
From: Maurice Winn5 Recommendations  Read Replies (8) | Respond to of 217561
 
QCOM vs NEM: finance.yahoo.com

<i.e. never mind that qcom can be bought for usd 40+/- per share; how many ounces of gold does it take, sorry days after tragic nights, by wastrel maurice or prime evil cb ilaine >

That's how many ounces of gold it takes.

And there is a subtle difference too = gold just sits there, but mobile cyberspace is the future and billions of people are benefiting from it now [even if some indirectly rather than directly, until they also connect].

It has also been much more fun to create the future than to hide in a cave clutching some family jewels, chanting imprecations to the Gold Gods hoping for a revival of the barbarian Aztec past.

Ho hum, plus ca change,
Mqurice