SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Chas. who wrote (70019)12/27/2010 4:00:06 PM
From: TobagoJack1 Recommendation  Respond to of 217712
 
:0) you are disturbing the fishies

While we wait, can watch this, just in in-tray
 
youtube.com

And read this discussion

On Dec 28, 2010, at 3:31 AM, M wrote:

hope all of you enjoyed a peaceful christmas. best wishes for the next year!
 
maybe a topic for 2011?
 
Demanding the Mark Back

Opposition to the Euro Grows in Germany

Surveys show that many Germans are worried about the future of the euro, but the country's political parties are not taking their fears seriously. The number of grassroots initiatives against the common currency is increasing, and political observers say a Tea Party-style anti-euro movement could do well.
spiegel.de

From: H
Sent: Monday, December 27, 2010 7:53 PM
Subject: Re: Comments - Week of December 20
 
 
"I didn't propose a gold standard, which is an important distinction because it would directly link currency to gold," said Zoellick"

it's amazing that he even has to point that out. the reaction of establishment economists to his little speech was astonishing in its unbridled hostility considering he never proposed anything even remotely looking like a gold standard. at best his idea is a whishy-washy-version of the supply sider 'gold price rule'. the reason why there is so much hostility to even that modest idea is obvious enough, but in the end Zoelick is only trying to prepare everyone for the inevitable collapse of the current system. He simply sees the menetekel - the 'writing on the wall' - and is looking for a way to somehow save the unworkable system of fiat currency. it's a bit like Gorbachev's failed attempt to save communism by slightly 'reforming' it. 

On Sun, Dec 26, 2010 at 11:56 PM, B wrote:
From Peoples Daily Online, 12/23/10:
 
english.people.com.cn
 
World Bank reaffirms gold as "reference point" to monetary system reform
08:14, December 23, 2010      
 
 
World Bank President Robert Zoellick reaffirmed his proposal to use gold as a "reference point" to reform the current international monetary system on Wednesday in Paris.
 
"What I suggested is that gold serves as a key reference point to allow people to assess the relations between different currencies," Zoellick told the press here at the end of his meeting with French President Nicolas Sarkozy in the Elysee Palace.
 
"It's an approach that we can take, others also estimate that we can establish a benchmark against prices of principal commodities," the World Bank president said in response to a journalist's question.
 
"I didn't propose a gold standard, which is an important distinction because it would directly link currency to gold," said Zoellick, denying reports that he had called for a return to the " gold standard" to modify the present monetary system, which he called "Bretton Woods II." ....