Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Maurice Winn who wrote (96777)	11/28/2012 9:54:36 PM
From: Robin Plunder	Read Replies (2) \| Respond to of 217574

Maurice, here is an interesting prediction... kingworldnews.com is he right? seems like maybe so, based on the experience of the 1970s, but after the last 4 years this seems like a very gutsy call.... rp

To: Maurice Winn who wrote (96777)	11/29/2012 7:58:04 AM
From: TobagoJack	1 Recommendation Read Replies (2) \| Respond to of 217574

Wonderfully corroborated by CNN edition.cnn.com , lovingly championed by Krugman and kindly looked upon by New York Times krugman.blogs.nytimes.com As brought to our attention by the privateer ... "On the lighter side, here are two suggestions made in 2011 by a Constitutional scholar at Yale Law School to “solve” the debt ceiling crisis. First, he pointed out that the Treasury has the power to issue platinum coins in any denomination. The Treasury could solve the debt ceiling crisis by issuing two platinum coins in denominations of $US 1 TRILLION each, depositing them into its account in the Federal Reserve and writing checks on the proceeds. The other idea was for the federal government to sell the Fed an option to purchase government property for $US 2 TRILLION. The Fed would credit the proceeds to the government’s checking account. Then, once Congress lifted the debt ceiling, the president could buy back the option for a dollar - or it could simply be marked to expire in 90 days. Neither of these “suggestions” was implemented in 2011. We have no idea if they will be considered again in 2013." I know some people w/ useful amount of platinum (that essential metal which is not Au, Ag, or Pd), and was wrong to believe platinum was only good for strategic noble tech industrial energy uses, while in truth Pt hold the answer to saving the universe. I always figured my graduate school focus, option pricing, holds the key to many seeming problems, and now we see that my faith in platinum and trust in optionality were not misplaced. We shall be saved by those that I adore.