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	<title>Comments on: Gold: The Barbarous Relic You Can Trust</title>
	<atom:link href="http://dailyreckoning.com/gold-the-barbarous-relic-you-can-trust/feed/" rel="self" type="application/rss+xml" />
	<link>http://dailyreckoning.com/gold-the-barbarous-relic-you-can-trust/</link>
	<description>Covering the economy, global markets and world politics.</description>
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		<title>By: mt</title>
		<link>http://dailyreckoning.com/gold-the-barbarous-relic-you-can-trust/#comment-1850</link>
		<dc:creator>mt</dc:creator>
		<pubDate>Fri, 06 Mar 2009 03:11:24 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=11966#comment-1850</guid>
		<description>Re;  &quot;&quot;Just as you can’t explain the positions of the planets with Copernican methods&quot;&quot;

Really, this is ludicrous. Strike out all mangled references to physical sciences and stick to economics.</description>
		<content:encoded><![CDATA[<p>Re;  &#8220;&#8221;Just as you can’t explain the positions of the planets with Copernican methods&#8221;"</p>
<p>Really, this is ludicrous. Strike out all mangled references to physical sciences and stick to economics.</p>
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		<title>By: The Millennium Fractalist</title>
		<link>http://dailyreckoning.com/gold-the-barbarous-relic-you-can-trust/#comment-1338</link>
		<dc:creator>The Millennium Fractalist</dc:creator>
		<pubDate>Fri, 27 Feb 2009 03:22:59 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=11966#comment-1338</guid>
		<description>Got Gold?

I am the central banker. I create credit from nothing and collect interest on all of my electronic credit fabrication. I run the big people Monopoly Game where real people do real labor and create real things and pay me interest in real work units on the imaginary credit I create. I run the show. I encourage the illusion that the workers own Broadway and Park Place - but what they really own are my annual interest payments and the politicians&#039; annual real estate taxes. The worker&#039;s work; I get a percentage of all of it. I run the show. I control the politicians. I am the rule maker. I am the real decider. If I want to give my friends who also deal in electronic fabrication of credit: 500, 1000, 1500 billion credit units, I can and simply tell my politician colleagues that the system and their retirement packages are syllogistically dependent on the continuation of the system. I can also empty out my vaults of gold to absorb worker credit units and thereafter confiscate gold by decree. I can place a wealth tax on gold. Five percent, ten percent a year - nothing to it. Politicians tax real estate and cars: things that are useful that the workers don&#039;t even own; why not gold?  I can pass a law and place the illegal owner of gold in jail for simple possession. I can tell the mob where the gold owners live....  Got Gold?</description>
		<content:encoded><![CDATA[<p>Got Gold?</p>
<p>I am the central banker. I create credit from nothing and collect interest on all of my electronic credit fabrication. I run the big people Monopoly Game where real people do real labor and create real things and pay me interest in real work units on the imaginary credit I create. I run the show. I encourage the illusion that the workers own Broadway and Park Place &#8211; but what they really own are my annual interest payments and the politicians&#8217; annual real estate taxes. The worker&#8217;s work; I get a percentage of all of it. I run the show. I control the politicians. I am the rule maker. I am the real decider. If I want to give my friends who also deal in electronic fabrication of credit: 500, 1000, 1500 billion credit units, I can and simply tell my politician colleagues that the system and their retirement packages are syllogistically dependent on the continuation of the system. I can also empty out my vaults of gold to absorb worker credit units and thereafter confiscate gold by decree. I can place a wealth tax on gold. Five percent, ten percent a year &#8211; nothing to it. Politicians tax real estate and cars: things that are useful that the workers don&#8217;t even own; why not gold?  I can pass a law and place the illegal owner of gold in jail for simple possession. I can tell the mob where the gold owners live&#8230;.  Got Gold?</p>
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	<item>
		<title>By: Dennis Roubal</title>
		<link>http://dailyreckoning.com/gold-the-barbarous-relic-you-can-trust/#comment-1337</link>
		<dc:creator>Dennis Roubal</dc:creator>
		<pubDate>Fri, 27 Feb 2009 02:54:31 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=11966#comment-1337</guid>
		<description>Comparing this secular bear with the bear of the 30s is interesting and probably reasonable.  But I don&#039;t think 2008 or 
2009 compares with the year 1929. This bear started in 2000.  This year compares therefore is comparable to 1937 the second down leg of the Great Depression. That depression ended in 1942.  If this one turns out to be comparable it would end around 2013.</description>
		<content:encoded><![CDATA[<p>Comparing this secular bear with the bear of the 30s is interesting and probably reasonable.  But I don&#8217;t think 2008 or<br />
2009 compares with the year 1929. This bear started in 2000.  This year compares therefore is comparable to 1937 the second down leg of the Great Depression. That depression ended in 1942.  If this one turns out to be comparable it would end around 2013.</p>
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	<item>
		<title>By: thye usual suspect</title>
		<link>http://dailyreckoning.com/gold-the-barbarous-relic-you-can-trust/#comment-1334</link>
		<dc:creator>thye usual suspect</dc:creator>
		<pubDate>Fri, 27 Feb 2009 02:11:38 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=11966#comment-1334</guid>
		<description>Why has the Discussion board been turned off
and no mention of it??</description>
		<content:encoded><![CDATA[<p>Why has the Discussion board been turned off<br />
and no mention of it??</p>
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