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To: TobagoJack who wrote (72894)	3/18/2010 3:40:38 AM
From: Maurice Winn	1 Recommendation Respond to of 74559

TJ, I plan to make US$, euro, yen, yuan, rupee and what have you obsolescent and gold redundant. So it seems foolish to back any of them, or hold any of them too long. My plans are proceeding apace and highly successfully at that. Mqurice

To: TobagoJack who wrote (72894)	5/18/2010 3:49:35 PM
From: Maurice Winn	2 Recommendations Respond to of 74559

TJ, Financial Relativity Theory includes the relative wealth positions of individuals, but is more a description of how money works in the same way that relativity theory is a description of how photons and movement/time affect mass in various reference frames and gravitational fields, but also how the financial gravitational fields vary with mass and relative positions. As with geometry, mass, movement, time, gravity and frames of reference, financial relativity theory is a Goedelian self referential mathematical system which disappears up its own wazoo when the going gets tough. A wazoo is a technical term in Goedelian theory. They are found inside cosmic sized black holes which encompass everything and similar wazoos are found inside financial relativity theory Black Scholes event horizons. Because some people understand financial relativity theory better than others [in simple Newtonian frames of reference if not when the going gets interesting] you are right that the many contribute to the few in the same way that large gravitational bodies accumulate even more gravitational wherewithal. Note that there is a paradoxical process as one's mass gets above a certain level - at some stage, things go a little haywire and Big Bangs take place as there is a giant reset with entropy reversed, gravity going backwards and a singularity again becomes a cosmos. We might think of the Versailles Palace as the focal point of such events and the assignat as a photon. Here is a little information about assignats.... en.wikipedia.org Hmmmm... that's odd, when reading it, there seemed more than a passing resemblance to the situation today. The absolutism of Big Brother is extensive and eminent domain wielded at will. Acolytes such as Gil and Snowshoe crowd as courtiers and minor functionaries who lend their support. But the revolutionaries are getting antsy. There has already been a Molotov cocktail and death by fire in Greece. Thailand is not harmonious and I'm sure that money is at the centre of that conflict. The Tea Party of the American Revolution was not merely people having a sit down and a nice cup of tea. It was overthrow of the realm. Nor was the American civil war too pleasant and there were some economic imperatives and desire for power at work there too. The current Tea Party and slogans like "Don't Tread on Me" and the right to bear arms are interesting components of financial relativity theory right now. It certainly stirs people up when their financial interests are harmed to the extent that they are getting hungry or even just unable to live in the manner to which they have become accustomed. Just to put the record straight, Mqurice

To: TobagoJack who wrote (72894)	5/18/2010 10:24:37 PM
From: Maurice Winn	1 Recommendation Respond to of 74559

Thanks for that excellent documentation about gold. You might recall several years ago me writing that gold would get to $2000 an ounce and in the event of money replacement would need to get to $10,000 per ounce at which time the gold culture and production craze would be ridiculous with a huge loss of economic efficiency. Digging gold is highly unproductive when the purpose of it is to dig it up, pollute the environment, cost a lot of money, only to bury it again in secure permanently guarded storage underground. The US$ is not dead yet. The competitive dilution devaluation race to the bottom has been going for 40 years with some already having bottomed out in bankruptcy and currency dissolution. It has some years to run yet. Made in China and the cyberspace revolution and technology developments in general have enabled a huge amount of dilution without it showing up in hyperinflationary prices. But as people in China get pay increases as employers compete for a dwindling number of spare employees, then financial relativity theory will see that the difference in pay between them and the median American will shrink. Big Ben will not be able to continue diluting the US$ so quickly without inflationary consumer prices showing up quickly. But there is still an enormous technological revolution underway with me having even saved Mao's minions from their state of poverty, enabling them to swan around with amazing little CDMA/OFDM devices which allow them to click into mobile cyberspace and invest in QCOM or gold or shorting either or buying millions of things from eBay, Amazon, TradeMe and whatnot, while asking Google to help with understanding about anything and using SPOT to locate themselves using GPS and email a Google link via Globalstar to anyone they like. Precision is a few metres [maybe 5 - depending on the situation]. You're welcome, Nobless oblige, Mqurice

To: TobagoJack who wrote (72894)	5/22/2010 3:00:36 AM
From: Maurice Winn	2 Recommendations Respond to of 74559

TJ, I used the $10,000 figure in relation to gold before you. Long before. You started drooling when I mentioned it. Even the $2000 I mentioned got you going pretty good. That was back in the day when I took the trouble to go to a gold supplier in Grafton Road with a view to loading up a Tonka Truckload of the stuff and they quoted me $323 per ounce [but in NZ$ and with a transaction cost which was excessive, so it seemed, at about 10%]. For 33 years, I have been acutely aware of how rapidly governments destroy money I have diligently worked for and saved so it's not as though things like gold are new to me. I was accused in 1984 of being a "bring back the gold standard" retard when I argued with BP Oil colleagues at lunchtime that money should be based on something more robust than a politician's promise. There were various reasons I didn't buy gold back then [at $323]. I would not want to have committed my spare cash and already, alternative investments have proven to be more successful... Zenbu for example. Because of our tax laws, it didn't seem like a good idea to sell QCOM at the peak and pay a capital gain tax of large proportions. But it has not been a good time over the last few years. They seem to have a propensity to gush money down the drain and royalty rates have dwindled and they have managed to lose ridiculous lawsuits costing $billions. QCOM is in the midst of a fantastically phenomenal mobile cyberspace revolution which they enabled and yet their share of the profits is derisory. They gave too much away. But smartphones and Smartbooks are just getting going and mirasol is unknown still. Gold would have been fun in my childhood thinking, as was silver [my stash of which was stolen by some envious person]. But I have moved on and can see much bigger and more glorious opportunities than prancing naked around a bonfire chanting imprecations to Aztec Gods, wailing cult incantations and moaning mystical mantras. I prefer to dabble in financial relativity theory and have now got a company established to do just that, with my JPM and WFC shorts in positive territory. Iron is the end state of cosmic processes. Gold is the end state of financial shenanigans. But getting there is half the fun. I don't want to go straight to either gold or iron. I'm happy to be made largely of hydrocarbons, some of which atoms are still radioactive. Mqurice

To: TobagoJack who wrote (72894)	5/25/2010 6:28:15 AM
From: Maurice Winn	1 Recommendation Respond to of 74559

Qualcomm expands R&D in Shanghai... yay!! <"Shanghai has become one of the global epicenters for mobile system and handset design, making it the perfect choice for Qualcomm's latest center for platform-level innovation," said Xiang Wang, senior vice president of Qualcomm and president of Qualcomm Greater China. "We are confident that our R&D center in Shanghai will help drive continued innovation of 3G chipset solutions by leveraging the expertise of our local companies and the talent of exceptional employees." > Qualcomm mines China for talent not gold. Gold is so last century. Mobile cyberspace is loved by everyone. Recommendation - sell gold, buy mobile cyberspace. HTC Desire arriving here tomorrow. I just have to pay some GST for Fedex to make the delivery. What an amazing device. engadget.com Note they mention "drool". Gold doesn't cause drool. Gold is just a manifestation of fear, a symbol of stasis, a finangling of finance, a cul de sac on the highway of life. Real men feel the fear and fly. Real men go where no man has gone before. They don't cringe, clutching their shiny little golden family jewels hoping that the maelstrom passes them by. They cast aside the atavism of the Luddites, bypass the past, and create the present from the future, out of thin air. This time 100 years ago my grandfather was in Shanghai, at 1 The Bund, bringing the industrial revolution to China via the oil industry. Now the mobile cyberspace revolution is arriving on the shores of the Huangpu river, brought by Qualcomm. By 1915 he was in France in the midst of carnage in WWI. One of my father's cousins [Ormond Burton] was there too having survived the carnage at Gallipoli fighting the Turks of the Ottoman Empire. I am hoping that the current woes such as on the border between the Koreas and with China sabre rattling over Taiwan and geopolitical shenanigans across Eurasia don't turn into something untoward. I wonder if this is the last of the good times and we'll soon be back to the bad old days. Maybe I should have kept my father's bayonet and lemon squeezer [from 8th Army days defeating Adolf's African adventure]. With the wonders of CDMA/OFDM phragmented photons suffusing the aether bringing peace, light, harmony, happiness, health, prosperity, longevity, fun and love, we can relax, she'll be right. Meanwhile, it's time to upgrade your mobile cyberspace device. You'll get a lot more out of it than buying another ounce of gold. Mqurice