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Absolute rubbish. What is so wrong with hard money, stable prices, private property and not price fixing the cost of money.... Hayek was genuis and an Austrian Economist and a Nobel Prize Winner... Keynes just before he died said of Hayeks, Road to Serfdom... "In my opinion it is a...

Ah, I see, thank you. That leads me on to the next question. However, even though these investment indexes are holding long contracts and rolling them over, surely the supply is still being consumed and the demand is still there. If world demand decreased, and the supply increased, surely this...

That second graph is scary. It makes the statements back in March by the Lehmans and Merrils of this world seem hilarious, when they denied going to the FED for money. So what are the implications of this for the future? What does it really all mean in real economic terms?

I m wondering if anyone can explain to me how these long "only" index commodity funds that are being blamed for the push up in oil price futures get around the delivery function of the commodity at the end of the future contract. I m one who does not believe that commodity prices are being...

Yes, and the USD is so much higher also now. The price of oil and commodities hasnt went up in real terms. Bloomberg and Wallstreet dont seem to understand that. Its all about ,oh the Dow is up 400 points, yippee. So what. They are all talking about commodity bubble. But its a weak dollar that...

That may be so, but in real terms the S+p is down 70% from its all time highs. Bernanke is printing so much money that he could cause the Dow to go to 25000, but at the same time cause hyper-inflation, and an eventual deep deep recession, when interest rates have to go to 15 or 20% to stop...

I m hearing rumours that HBOS may have liquidity problems. The shares in HBOS dropped nearly 20% in minutes and then trading stopped for 5mins. Reuters has some stuff on it. HBOS CEO said everything is fine and they have access to the wholesale markets...they are Britains biggest mortgage...

The reason I have heard that JP Morgan Chase "had" to do the deal with BSC is that BSC and JP Morgan are massive derivatives players. And if BSC went under then this would have had caused a collapse in JP also or at least massive write downs. The derivatives time bomb will implode in...

Human Action, Mises wrote: The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit...

Cutten, Thats a great reply to all the previous posts in this thread. Balanced and not ignorant. I really like Jim Rogers, and what I know about him, but I dont know that much about him until the last few months. He is an eccentric and if I made his fortune at that age...