If the use of a metal in jewelry makes it "precious" then advocates for this term need to make their case.BRAVISSIMO !! The term Precious Metals needs to go. Once the population comes to the realization that we no longer need a government, they will simply stop funding it. Where is "savers" in this picture? What is the Straw Man Proposal? The revolutionaries said, so I was told in school “no taxation without representation”. Having been boxed in and forced to defend yourself you've shown how deep your thoughts run.So allow me to express great appreciation with respect to such fortuitous events askicking hornet's nests, and voice great regard for the animated and furious argumentsof so many silver "bugs" having provided FOFOA the opportunity to convincinglyswat them down, one after another. A straw man is a form of argument and an informal fallacy of having the impression of refuting an argument, whereas the proper idea of the argument under discussion was not addressed or properly refuted. Dork of CorkMy apologies for failing to properly address my previous comment. of gold. You make a good case... before I was buying 1/2 gold and 1/2 silver (in terms of fiat, not weight). He could have told the nation party was over and there'd be lots of pain in rebuilding but it would have made him look bad in 2012 so long term plan be damned, AGAIN! THEBIGEI wrote "Schiff doesn't really get it. HoldinmyownI never said that silver was not a indispensable industrial product - you miss my point.However a significant rise in the price of silver will not dramatically effect the final cost of most of these products except perhaps jewelery which is also used as a store of value especially in India.However It will effect its production and recycling.Labour and energy are the two biggest cost inputs in manufacturing with transport significant for heavy items - silver is just one tiny component of these products in many cases although vital. See what you think.The Giants own gold.The Central Banks own gold.What should I buy?Silver.--Jenn. The rest is in bullion funds CEF, and PHYS. But the Swissy is only strong relative to weak paper currencies because against real money/gold the Swiss Franc has declined 87% since 1972. However, savers regardless of their means will be encouraged to save their excess production in gold instead of being held in manipulated and constantly debased fiat currencies. ;). Senator Ted Cruz (R-TX) burned the barn to the ground with his 21 hour ‘fauxlibuster’ this week on the Senate floor. The word "sinister" is Latin for "left," because left-handed people were often thought of as suspicious, evil, or demonic. "Many people (try to) do this through pension funds; assuming that freegold manifests as per FOFOA, and gold "stands still" why wouldn't pension funds run to silver? (Part 2 of 12), Conservatives vs Liberals vs Libertarians, Eye Candy: Most popular porn categories, by country, in 2019. The silverprice we are seeing today is silver priced as it should be.. as a commodity...The silverprice we will see in a couple of years will be. Do not be fooled. The straw man is a fallacy in which an opponent's argument is overstated or misrepresented in order to be more easily attacked or refuted. And if so, to what degree. Its conclusion is cut and dried because we have identified only one set-up where such a development would be feasible: at least two major Eurozone states must be headed by political forces wishing to revive intra-European conflicts. Assange v. Visa), 2 months waiting time for conversion, levies, change the rule in the middle, etc.). Not a chance in heck. The only three words in English ending with "gry" are: angry, hungry, and hangry. Change ), You are commenting using your Twitter account. Called “The Straw Man Versus the Paper Tiger,” his frustration is masked by cheery whistling and a mid-tempo driving beat. http://en.wikipedia.org/wiki/SilverI suspect that this percentage of industrial uses of silver is much higher now than it was in 2001. @JeffThe euros will not hold much value in the long term - if you divide the Euro gold into its M1 supply you get something like 13500 euros a ounce.Even if you divide it into its physical cash you will have to multiply the Euro gold price by something like 2 and a half times.There has been a massive rise in the shadow banking sector in Europe with little rise in Goverment debt creating epic malinvestment with little long term revenue.The Euro is a dog like all the others although if we have global free gold Europe may have first call on the worlds resources using the limited central bank gold to magnify the buying power of private European gold as this is held outside the Euro balance sheet and is therefore not balanced. this were to happen there would be great suffering. a mass of straw formed to resemble a man, as for a doll or scarecrow. Dr SYM For information, documents, dates of conferences, how to take control of you’re “STRAWMAN,” contact: Dr SYM at INFO@UCC1-207.COM. Defiant, but stupid and nonsensical in my opinion. Dear FOFOA, One aspect of your posts which always makes me astonished is your ability to see into the psychic of the people/market. That fell short of discussing a much greater but hidden problem people just freeing themselves from the shackles of feudal power never thought through: can a “sovereign” elected by PART of the people actually rule the other half (or often greater part)? I realize that if everyone did this today it would immediately crash the system. Your Birth certificate trust value for your STRAWMAN, STRAW MAN, corporation identity is about 7 million dollars at birth. Fat chances. (Part 5 of 12) | Notes On Liberty, Liberal Democracies and Authoritarian Regimes: The Case for Law Enforcement. Try it free. "Is that so? I keep some silver to avoid such temptation in the moment of weakness ;). Today's submission, nicely rebutting Mish and Trace Meyer (I like and read both), shows me again what a top notch guy we have advising this tribe. However it could not gather enough bids to sterilize the whole amount that it wished to. Find more similar words at wordhippo.com! It is a draft version of the solution that a team can debate, argue, pick apart, and improve or discard. (Part 4 of 12) | Notes On Liberty, Liberal Democracies and Authoritarian Regimes: The Case for Law Enforcement. Dork of Cork,Why would the American continent do that, what with the huge amounts of gold in the ground and the coffers? To what end, so that debtors pay it back at a cost higher than when they borrow it? Let's see where we are going!" That's why I read your blog and not theirs. (Part 4 of 12), The Moulin Rouge, San Francisco, a Fragment of Memoir, Liberal Democracies and Authoritarian Regimes: The Case for Law Enforcement, part 4 – Rational Review News Digest, Liberal Democracies and Authoritarian Regimes: The Case for Law Enforcement. Because this method is often applied to solve customer problems with a more structured approach, the McKinsey consulting firm developed it over the course of several years. . The answer is clearly no. But gold is the #1, wealth reserve par excellence, no doubt. Gold and Gold Mining Shares in % of global assets. This can sometimes lead to confusion. Thus, the wealth producers become the perpetual absorber of the inflation from the world reserve currency unhindered export of inflation, because the manufacturing owners have to cut cost to stay competitive, and the one factor to cut or to keep from rising is labor, because commodities are usually priced in the reserve currency. You wrote"You know what I was trying to say regarding Schiff he was THE FIRST on mainstream TV to EXPLAIN to average citizens on what was going on.You must be a bigtime MISH guy who doesn't explain himself very well. This point, however salient, skips entirely the fact that based upon the Commerce Clause in the Constitution, the State cannot compel anyone to purchase a product or set a price in lieu of the market. I have been told by some to just liquidate the IRA, take the tax hit, and buy gold.Any thoughts out there?Thanks All,Larry, Take a look at this. Right now I don't have the time energy or means to make a large post. @HoldinmyownThere is more then just Gold on the Euro Asset side of the balance sheet.For instance the ECB to prevent rollover of its clients senior bank bonds and certain default has absorbed these loans in exchange for cash to keep dead banks in operation.Now the servile Irish have pumped government equity into these banks - this is junior to the ECBs collateral and remaining bank bond holders and will be destroyed over time - this will increase the ECBs clients relative wealth over the general population.Only if the losses go beyond the new equity will Gold balance its balance sheet.If the ECB was obliged to back its base money creation with silver it could not afford to bail out its clients in the shadow banking sector as the cash it produces would have a cost.Also there was two ECB rules to fiscal rectitude 1. Strawman is Australia’s premier online investment club. Thrifty laborers who spend less than they earn will be able to convert their excess earnings into gold, to be either spent in retirement or passed on to their heirs. Then COMEX silver and gold trading will likely not exist--at least not in current form.I still see silver being a commodity that, when freed, will have a major price increase due to it's having been held back by paper promises, as has gold. Windmill or pinwheel. One will be able to vote with gold as well as at the political ballot box. I have a win and a place, perhaps. The commentary and other contents simply reflect the opinion of the author alone on the current and future status of the markets and various economies. [1] In the main, these fallacies spring from two fountainheads:Aristotle’s Sophistical Refutations and JohnLocke’s An Essay Concerning Human Understanding(1690).By way of introduction, a brief review of the core fallacies,especially as they appear in introductory level textbooks… I'm guessing most countries track citizens that got their gold through official government entities. Are you such a fragile creature that you must make ridiculous accusations to defend your precious views?I don't think FOFOA put the strawman in the picture above as an invitation to deploy such childish tactics. Gold, and nothing to protect it? "I know the above doesn't exactly speak to freegold, but if there is to be a unified international monetary system, it will unify around one thing - gold. I see this as the ultimate form of democracy. Gold, and no shelter? What happened? FOFOA,Regarding the discussion of your statement, "Gold used as money represents debt," I would add one more point:The key component of the statement being "as money". Maybe one day the whole world divided into two camps silver and gold. Bush inherited a Nasdaq bubble from Clinton. By all means buy gold but also buy silver! No, I'm not Mish, nor do I work for Mish. Only one person could hold that dollar at any one time- there is a basic minimum amount of money that is needed for something to even function as money. "If you search for the word silver in the archives on scribd you can read answers to all your questions, Dork. What the heck, the requirement of thinking through the values in an evolving economy might help keep people busy enough so they don't have time to worry about panda bears in China or world literacy. Their clients make more profits when money is cheap. National fiat currencies will also serve as the means to satisfy the various governments' unrestrainable inclinations to "manage" their economies to the extent that they are able. (Part 3 of 12) | Notes On Liberty, Liberal Democracies and Authoritarian Regimes: The Case for Law Enforcement. Acting as Manager of the IRA's LLC, you can:• Buy gold coins and store them however you think fit – in safe deposit box at your local bank, in a Swiss depository or in a mayonnaise jar in the back of your refrigerator. My understanding of Freegold is that it does not propose an immediate solution to all the monetary problems that exist today. Why would the IMF want to bail out Ireland and help keep the Eurozone together? It changes everything! The Straw Man Proposal is a McKinsey method for problem solving. How to use paper tiger in a sentence. The specious suggestion that that taxes are anything but theft by the government goes ignored in the national dialogue, largely due to the fact that the nation has accepted the yoke of taxation for so long, though taxation was the key evil that led to the revolution. I work in the river industry. Available with an Apple Music subscription. Ad hominem is Latin for “against the man.” ... It’s much easier to defeat your opponent’s argument when it’s made of straw. "Freegold or Reference Point" allows all central banks to continue any type of monetary policy they desire. He could have told the nation that party was over and capitals had to be rebuilt but it would have made him look weak in 2004 election. Who would? Straw Man vs Flesh & Blood Man ... PAPER TERRORISM Geared toward Law Enforcement. “There is a place where everything you’ve ever said is all written down.” Yeah … we can all relate to that!" Unfortunately, many of the Tea Party Rockstars* who held great promise for the cause of liberty have proven to be paper tigers. "I agree. And here, frankly, there is a lot of context. ", "First, it should be noted that Greenspan implicitly admits the faulty argument behind, "But these individual preferences expressed through human and being revealed through the silver price does not constitute evidence of. From there on, you are in charge.As Manager of your IRA's LLC, you open a bank account for the company wherever you want. Well, in most US states private health insurance was distorted by non-libertarian regulation from both sides of the aisle for long. tell me whom to marry or not (which it even does, today though mostly limited to marrying close relatives, but before it extended to racial and other criteria). The small portion of silver's value that is used as a wealth reserve may be useful in certain situations when gold goes into hiding and only silver is available, perhaps this will drive silver into hiding as well. Your straw man (Strawman) is an artificial person created by law at the of your birth, the inscription of an ALL-CAPITAL LETTERS NAME on your birth certificate/document, which is a document of title and a negotiable instrument. One who engages in this fallacy is said to be "attacking a straw man". Not surprisingly, it only allows you to use the investments or services the institution wants to promote. I'm content paying for my cartload of groceries with X oz of silver. It was of course directed to you. The US dollar for example is down 78% against the Swiss Francs since 1972. . Well, I'm here to tell you that, by way of this little exercise in responding to the swarming and agitated arguments arising from kicking the hornet's nest, you've apparently risen to new heights of understandingand expression (to the increased admiration of devoted readers). That is precisely where you should focus your attention. The latter are dependent on the former.For more on the subject, read "The Fountainhead" by Ayn Rand. It would be theoretically divisible, though highly unconvenient to say the least.A DOLLAR IS MANUFACTURED BY MAN. You need free market Darwinism to cleanse the incompetent elements from economy so the healthy and strong thrive to grow economy. This is probably where most of the fallacy of FreeGold theories stems from - a belief in CBs having enough interest in protecting savers.The sole purpose of this "floating" (sinking to be precise) rate mechanism proposed by FOA is to make defaulting debt easier, let's face it. This voting mechanism is not restricted to a 2 or 4 year cycle. Either they strength their currency, they devalue it or they leave it stable, gold will reflect that reality. No single national currency need ever be held by another nation as a reserve currency (which "unfairly" allows the nation that issues the reserve currency to export its inflation." It functions even with a paper gold trading system. Could this dollar act as money and "lubricate" the economy? The technique often takes quotes out of context or, more often, incorrectly paraphrases or summarizes an opponent's position. Anyone traded gold to gulf nations to achieve a period of cheap oil only to run out of gold and now scramble for a gold revaluation IN ADDITION TO HAVING TO PAY THE HIGH OIL PRICE ANYWAY can only be defined as myopic, which is exactly the opposite of "big picture and long term".Would a true free market choose to trade gold that cheaply for oil? To me, that feels about right. But maybe that's just me. "The beauty of reserving Gold as an unmanipulated monetary asset is that individual local currencies can still be "managed" by the government in whatever manner is seen befitting that specific country, without having an adverse effect on the meaningful wealth held in reserves (in the form of Gold savings) among other nations and local citizens alike. I cannot see any.Quote: "but collectively they (CBs) do think big picture and long term. Sometimes more gold was found then the ratio was tilted toward silver, and vice verse.Back in 19th century when there's first a 1849 gold rush in California, silver looked more valuable. gold will be king, but silver will be more than a plebe, I think. The typical straw man argument creates the illusion of having completely refuted or defeated an opponent's proposition … Sorry. He wants a classical gold standard and would actually sell his gold at some point 'waaaaay before it gets to $10,000'. You deal with the custodian just once, when you set up the structure and roll your IRA assets into it. Adding fractional reserve lending via international lenders, the world will still IS a huge slave market (for Private CBs) under Freegold system without the power to exchange their currency into gold (which I am so sure will not be allowed or strongly hindered by using tactics such as propagating cashless (digital) society (eg. if a 'real' gold market existed on an international level, governments could not mismanage their currency as it would immediately be translated to higher gold prices. will stay out of the business of declaring the values of those bits of metal, my trading partners and I can figure out how much of each is needed for each purchase. The point is that nothing is better suited to preserve wealth than gold for a myriad of reasons FOFOA has pointed out -- and the bigger point is the Giants (big chunk of wealth in the free market) made their decision long ago. Anyone know whether 30 kg LGD silver bars usually come with assay certificates? I am not sure that I agree with FOFOA that the CBs belong in the Savers camp. You need hard money to put handcuffs on government and crazy bankers so their debt mania is under control. ( Log Out /  If the era of Freegold arrives, and currencies will be free floating against the gold, don't you think it will be natural for governments to outlaw possession of physical gold? Yet, I have discovered gold some time ago and have found my safe-heaven of the saver. If (when?) A Sumatran Tiger would be in trouble here, a Bengal Tiger may eventually fall, a Siberian Tiger will likely kill all 4 men. Imagine an economy with a single dollar bill as all the currency. They, too, will hold Gold in savings (reserves) for the same reason we do." - Aristotle (2/10/2000; 3:37:44MDT - Msg ID:24877)Also,"Gold will be saved (and will appreciate in value absent the lending/leasing of it for interest,) while national fiat currencies will circulate under the needs of the economy. My esteem for FOFOA went up some more when I read his comment (two or three articles ago) that the fans of gold and silver are usually in different "tribes". "Everyone knows where we have been. By unknowingly acting as devil's advocates and forcing you to defend your convictions in a way common blog essays could not compel, these critics have squeezed from you a distillationof understanding and conviction previously unseen. It will go to the next best solution, which could be silver, or other commodities or metals. The banking cartel’s involvement in  and subsequent manipulation of the political sphere is a common link between both ends of the popular political spectrum, and to assume that a politician’s libertarian common sense would be immune to the pressures and normalcy bias of the human condition would be naive. a fabricated or conveniently weak or innocuous person, object, matter, etc., used as a seeming adversary or argument: The issue she railed about was no more than a straw man. We didn't call the establishment of Soviet ironclad rule the expected outcome of free market's choice, did we? I mean, the governments will need that gold more then it's citizens, right? For it is quite certain that even if a motive had not been provided by the unequal marketability of the goods used as media of exchange, unification would still have seemed a desirable aim for monetary policy. A commodity used as money must be overvalued relative to its commodity value alone, and this overvaluation is the 'debt' component of the (commodity) money.Syafrin Djohan,Relative to gold, the dollar currently has 1.5 % of the purchasing power it did in 1930. Just think of this: why do debtors NOT want to settle it in gold? Each of us has but two modes of survival open to us: to control nature, or to control those who control nature. he thinks that gold would peak in a classical hyperinflationary period and fall thereafter. "Except for the first sentence of this paragraph, the exact same thing will happen in silver--that is the Keiser/ZH mantra re: killing JPM by buying physical silver, thereby breaking the COMEX. Independent sharemarket research and recommendations from Australia’s best private investors I know this is dangerous in the long term, and I don't trust the gov to leave IRAs alone. Bush's bubble didn't carry him far enough and then blew up right in front of his face started from 2007. We need to give people as much time as possible to try to get their own houses in order to protect themselves from what I fear is an eventuality. A straw man proposal is continuously refined and modified until a final document is created. (Part 5 of 12). Remember this: money is whatever the savers and producers trust the most to store their wealth in, and I guarantee there's lots of trust in silver coming once the inflation kicks in.Notice I specifically use the words "savers and producers" to leave debtors outta the picture. However, there are other games in play. I see them as enablers of easy money and solidly in the Debtors camp. The implications of this will be for US nationals to continue using dollars while holding gold (or Euros?) With the motive of bad money clear, does anyone think the value of bad money would float upward? Schiff doesn't really get it. Sorry if … . Members share research & recommendations on ASX-listed stocks by managing Virtual Portfolios and building Company Reports. I wonder how this plays into the difficulty of implementing Freegold.Gold and Gold Mining Shares in % of global assets. Mish again has no idea of FOFOAs point. It's taken me a while, but I think the red pill is starting to have its effect, and I'm learning to look at things in terms of gold instead of fiat. The value of such commodity will necessarily be driven to levels that far exceed any other uses. In the end, they will declare themselves victorious by twisting their previous statements to fit a Freegold outcome. Mish, Denninger and the like are ideologically invested in their theories, and usually have a financial interest as well (selling subscriptions, etc.) Not that I bet on horses, but that's the analogy that springs to mind.From a Feegold perspective, Silver is perhaps nothing special. It is subject to error and change without notice. PS @PatrickThe role of silver is not to cater for large banking transactions between banking buddies.It is the peoples money.It greatly improves the efficiency of local transactions removing parasitic arbitrage from one of the most basic functions of money.If we went on a moving fiat, steady true value of gold system under Freegold the fiat would have little or no stability creating chaos even when people crave some form of stability in the value of their transactional currency as even this must hold value for some period of time.If a legal tender fixed weight silver coin was revalued as high powered money was created and credit destroyed it would create some value in the transactional currency perhaps changing on a yearly basis based on published base money creation whose information is open for all to see.A daily / hourly / minute by minute moving fiat against fixed Gold would merely enrich another class of speculators who do not do anything productive such as the great armies of men who now speculate in the FX market today against moving bank fiat currencies.Note I stated that America after collapse will have to pay for oil under a Gold system.However concentrating all wealth into Gold is madness akin to the present bank fiat fiasco. Thus the wealth producers stay slaving forever, unless the central banking system is being undone, and people return to sound money, which is gold and silver. Bits of paper blew aimlessly about, wafted by a little, feverish breeze, which rose in spasms and died away. We shall not attempt to decide whether this assumption holds good of the two precious metals gold and silver. An Open Opportunity IRA changes all that. I would like to draw attention to FOFOA's savers/debtors dichotomy. We hand our sovereignty to tyrants – it cannot be taken against our consent. ***There are two angles to look at the system: as the dollar, or as the gold. Would you hold gold, and no food? Gold in fact does have some such uses. Today they are forced to accept whatever the PTB dictate. @Radix 46North America may have a significant amount of Gold both above and below Ground but it is a far bigger silver producer.The US also lives far beyond its means and so if it went back to a gold based system would rapidly loose all its remaining Gold - it needs Gold to pay for external oil but it could cool the buying power of Gold by remonetizing silver and therefore redirecting fiat - this silver could represent the internal wealth resources of North America and would be much more creditable then a pure fiat dollar.In essence although silver is a better local currency it could be used to price Canadian oil sands in a North American monetary union as Canada or Mexico would have little choice but to deal with their primary trading neighbour. Straw Man Examples . During the same period the pound has declined a massive 85% against the Swiss Franc. I think most here are in agreement gold is far superior to silver. a person whose importance or function is only nominal, as to cover another's activities; front. Ted Cruz talks a good game. Supporters of Cruz’ increasingly libertarian voice relish his statesmanship and clarity, and conversely, no doubt detractors and skeptics dismissed much of the material content addressed due to Cruz’ rhetorical devices, not limited channeling statist icon Darth Vader while lampooning Senator Mike Lee (R-UT). This download includes 20 sample Visio diagrams related to support and sales demos.A straw man document can be written by simply putting ideas onto a piece of paper and expanding them as more ideas come to mind. Could this dollar act as money and "lubricate" the economy?
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