us money supply set to double!!, page-38

Hello BH! Nice post, long on rhetoric, short on objective discussion.

Rating your post:

Language: 6/10 – Some nice turns of phrase, but marred by other tired ones, such as ”.. He confuses battles and wars..”

Facts: 1/10

SkipperX's so-called "lesson" in Econ 101 – I was trying to move the debate along from :

Huge increase in printing of money = Huge increase in gold price.

I was pointing out the fact that there is more to money supply economics than just the printing of currency. Yes, a very basic explanation, but 100% improvement on The Faithful’s presumption above. What I want people to do is look beyond the obvious, when deciding to invest in something. There was no critical or objective discussion on the Gold Thread.

“...he has not read about gold's historic currency role...”

Yes I have. As stated in previous posts, Central Banks gave up on the gold standard last century. The currency role of gold is long finished. General gold punters (as found on HC, and I include myself) lost interest in gold over the past 30 years. Essentially, the paradigm of gold v. Inflation v. Money supply v. Etc has broken down, not finished entirely, but certainly weakened. Hence the current gold price. What's the market telling you?

I never did subscribe to “Gold’s going through the roof, because the World is collapsing” argument.

“ What his posts on this thread show more than anything, however, is that he has no more than a passing interest and education in economics...” – OK, a guess I better return my B. Econ., CPA, and my MBA.

“ He taunts and denigrates anyone who disagrees with him - treats them like children...” – You slapping me with that teddy again BH!...LOL!

That’s it for me on the Gold Thread, it's been fun...I have picked up 5,000 NCM during the dips in the past weeks. Wish me luck.

Crank up those printing presses Ben, we need you!

Cheers, Skip