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Gary Oppewall

In Xanadu Did Kubla Khan
A stately pleasure dome decree
Where Alph the sacred river ran
thru caverns measureless to man
down to a sunless sea

Coleridge...Rhyme of the Ancient Mariner (I think)

Buffalo Ken

Just a bit of philosophizing here, but why not...its Friday and I'm on my lunch break.

Infinity, just like zero, is a concept fraught with danger, but in my opinion, it is only an idea and exist only in the realm of imagination. In mathematics and physics, zero and infinity cause the relationships to break down and become utterly nonsensical, wildly unpredictable, and quantum-shift triggering. I don't think zero or infinity actually exist (perhaps they did in the "beginning", but not anymore), but they do balance each other off and are the ultimate limits guarded by Libra and never reached by anything. Never ever.

Maybe all of this is ridiculously obvious, but it seems to me the money tricksters are starting to play with forces they do not understand. Their irreverence will have dire consequences, but perhaps it has to be this way because perhaps it is time for a quantum shift within humanity if you know what I mean. All the energy seems to be building towards this.

Anyhow, enough of my rambling.



Yeah I have to agree on this.

There is supply, demand, and there is currency.

right now we know "supply" and demand" are stable. But there is excess hot cash floating around wrecking havoc. Prices are going wild.

This has nothing to do with supply and demand. Everything to do with too much funny paper floating around.

Food product doesn't suddenly collapse, nor people suddenly want to eat so much more food. But price of food is driven by "currency" being moved around to make more currency. (same with oil.)

Elaine Meinel Supkis

Or as in 'the Meaning of Life' by Monty Python, 'Just one more thin mint....'


As a child I too once meditated on infinity, while gazing at a beach full of sand. The physical sensation was one of falling into a bottomless hole. I too stopped doing that. Equating zero to infinity sounds about right to me. I'm reminded of a philosphy course I took where we read David Hume. He had a discussion about cause and effect and gave the example of a pool cue hitting a ball...the notion being that one could never really isolate the exact cause of the ball's motion when the pool cue hit it because the moment could always be divided by two....into infinity.


People are getting philosophical because they subconsciously realize they are going to die.

Let me simplify this for everyone dreaming about sand and heaven and a 'better place'.


While you were sleeping the US Mint started restricting sales of Silver Eagles, the pure silver $1 (hahaha, worth $17++) that is real currency still..


Losing a Mint: Curb on Coin Sales Angers Collectors
By Ianthe Jeanne Dugan
Word Count: 1,142

The government rationed food during World War II and gasoline in the 1970s. Now, it's imposing quotas on another precious commodity: 2008 dollar coins known as silver eagles.

The coins, each containing about an ounce of silver, have become so popular among investors seeking alternatives to stocks and real estate that the U.S. Mint can't make them fast enough. In March, the mint stopped taking orders for the bullion coins. Late last month, it began limiting how many coins its 13 authorized buyers world-wide are allowed to purchase.

"This came out of nowhere," says Mark Oliari, owner of Coins 'N ...

Gary Oppewall

Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it. -

Mark Twain


"The most formidable weapon against errors of every kind is Reason. I have never used any other, and I trust I never shall.
Your affectionate friend and fellow-citizen," THOMAS PAINE


Elaine: is this the reason for Chief privacy
officers, to watch over business beast?


Just to remind everybody: Inflation is not "caused by floating currency rates." Nor is it caused by "rising prices." Prices are the visible indicators of inflation, which is the excessive expansion of credit beyond the amount required for the growth of real (non-financial) investment. Both inflation and deflation can and do occur with floating or fixed interest rates, but excess credit creation always IS inflation.

As the total amount of derivates held on the books of various financiers approaches $1,000,000,000,000,000.00 (one quadrillion dollars) - and you know that there is much more out there than is counted in official reports, just like all other bad "assets" - it's fascinating how the danger from this asteroid racing toward our planet is minimized by the financiers and their media: "These are just insurance policies on possible losses on loans which have been made - and the loans' total value is 1/10th that of the derivatives - for the purpose of increasing the safety of those loans as investments."

Talk about reassuring the passengers on the Titanic!!

In the first place derivatives are insurance policies on insurance policies on insurance policies, on...etc,etc, which is why their aggregate value is 10 times that of the underlying loans they are insuring. Why so many policies covering policies convering policies? Because speculation in these insurance policies is now the biggest economic activity on Earth (no exaggeration), and creating more and more such policies allows room for more and more speculation.

Also, because the underlying loans are inherently unsound (speculative), financiers can't talk anyone into giving them money to make them unless they are "insured" with derivatives - but the derivatives are no more "sound" than the loans they insure, so they try make this speculative game "safer" with more and more layers of derivative "insurance". The fact that "only" 62 Trillion dollars in "real money" (more than all the U.S. Treasuries in existence) is the sum of the underlying loans is not reassuring; that just re-affirms that each bad loan has been further leveraged 10 times (1,000 per cent) it's value in derivative money at risk being carried by someone somewhere.


Be afraid, be very afraid.

Elaine Meinel Supkis

You are half correct, Michael. The floating currencies have introduced a NEW WAY FOR MAKING FUNNY MONEY APPEAR OUT OF THIN AIR. Aside from lending! See? This is very insidious. So, when lending FALLS, the NEW WAY VIA FLOATING CURRENCIES rising or falling rapidly as lending dies, floods even more money into the system which, in the past, would contract.

It is totally weird and the practitioners of this system even express wonder over this new force. We have to understand, classic economics no longer apply. Not even slightly. Read carefully the older news articles that fretted about this.

Elaine Meinel Supkis

Thanks, GK, for the silver story! I missed that! Wow.

Buffalo Ken

Well, I think the time is coming. I know that I have invested in silver, but not too much because I don't have too much. Anyhow, I don't want too much capital. I just want to pay off my debts, and I'm close. What about you?

Much of the crud out there is probably more trouble than it is worth. Who needs it. Such as plastic. So much is just a waste.


Elaine Meinel Supkis

Correct move, Ken. If you owe nothing, they can't come and evict you. And as someone who lived for 10 years in a tent in order to get rid of all debts while owning land, I can heartily say, it was well worth it.


I think I've come to understand how these derivatives work, maybe. First they sell you a lousy mortgage, which you got because real estate must increase in value forever. Except we know now, it didn't. Then they sell you like a mutual fund or something, I think that would be a derivative. This derivative consists of thousand of things like mortgages, and is "insurance" in the sense that if some of the mortgages fail, the fund will be supported by all the good mortgages. In fact, your own mortgage is in the fund. So first they sold you that lousy mortgage, then they sold it to you AGAIN as part of your lousy mutual fund.

But the "insurance" provided by the fund only works if only a few of the mortgages go bad. But if the price of oil goes up, and the economy tanks, and the price of real estate goes DOWN (how did that happen?), then MOST mortgages fail. So you loose your home AND the mutual fund that you thought was "insurance." Kind of like a flush-toilet effect.

Them Harvard economists were so very helpful!


This amounts to nearly $100,000 of derivatives per every human being. Totally insane! Too bad we can't export the bankers and their magical money games to the Sims or Second Life and let the booms and busts explode there. It is the proper home for such a system so remote from the physical realities it is based on.

Buffalo Ken

OK, then. Lets say we are each "worth" $100,000". That is quite a bit and this seems correct to me. We are each of value. We ought then appreciate this value. We ought pay off our debts and then make ourselves of value.

Elaine Meinel Supkis

Via what? Slavery?

Royal Dutch


Elaine Meinel Supkis

OK, Royal Dutch: there are many web sites out there that won't tell the truth. Fact: the gold standard was NOT dropped in 1933, it was ALTERED. From $20 an ounce the dollar was devalued to $34 an ounce. This was the "new standard" until the gold standard was dropped in 1972.

I am very much against this sort of simplification put out by some people online! The gold coins held by savers WERE confiscated in 1933 and this was pure evil! But gold wasn't dropped until the failure of the Vietnam War and Nixon going to Mao for help. We must keep things straight.

Buffalo Ken

Listen - none of us know "the truth". None of us.

Elaine Meinel Supkis

True. Good thought to keep in mind at all times.

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let's join our hands together to stop this kind of wrong doings. It may risk lives in the future if we just let them continue.


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