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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (21735)	9/2/2012 6:59:26 AM
From: cmg	Read Replies (1) \| Respond to of 24758

just curious, how will the fiat collapse occur, and when........is physical the only way to salvation or will the keepers, keep on running the scam?

To: ahhaha who wrote (21735)	9/2/2012 11:05:48 AM
From: Lhn5	Read Replies (3) \| Respond to of 24758

Is there no mathematical way to calculate the value of money because of the threat (promise) that the fed will just do more of the same?

To: ahhaha who wrote (21735)	9/3/2012 2:35:39 AM
From: frankw1900	Read Replies (1) \| Respond to of 24758

I posted it because it's one of the better exercises I've seen of exposing the Emperor's new clothes. Do you think the Fed will invite him back next year? I think this is a gem: Having risen to a peak of almost three in 1928, the largest US banks’ price-to-book ratios had by 1931 plummeted to below one. They remained close to these levels for several years afterwards (Chart 20). This discount implied that investors in the bank could improve their wealth by selling-off the banks’ assets separately. Investor pressures to separate began to mount. In response, a number of banks began selling off their equity brokerage affiliates, including the two largest banks, Chase National Bank and National City Bank in 1933. A number of banks delisted their shares. This response, led by the market, paved the way for the passage of Glass-Steagall in 1933. As Fuller (2009) puts it: “Divorce made a virtue of necessity and cursed and condemned bankers jumped at the opportunity to demonstrate their virtue”. The market was leading where regulators had feared to tread. Today, the situation is not so dissimilar. As then, many of the world’s global banks have fallen from heady heights to trade at heavy discounts to the book value of their assets. If anything, the discounts to book value are even greater today than in the early 1930s (Chart 20). As then, this conjunction is stirring market pressures to separate. Bankers today, many cursed and condemned, could make a virtue of necessity. The market could lead where regulators have feared to tread. ................................. By creating the facilities FED destroyed the definition of money. No one can be confident about what anything is worth, and therefore, everything is worthless except one. The psychological aspect is strong because there is a promissory component to money - it, (dollar, whatever), will buy tomorrow what it buys today - which requires trust in a abstract thing When the Tower of Basel falls the entire world redefines money by chasing after gold. Sure. Gold doesn't look abstract.