Interesting interview on the global economy

[TOM4CWB]

C.P.;

I thought you would have caught my comment on Gold!

1. How much currency is in the world?

2. Divide that by the total number of ounces of gold... and how much 'should' gold be worth?

3. Is there any way to even calculate how much currency... the Chinese/Indians/Asian Tigers have printed?

So how practically could a return to a gold standard be accomplished?

[classicalliberal]

Well, CP, I own "Road to Serfdom" by Freidrich von Hayek and have read it and thouroughly agree with it. I haven't learned much about that school of though per se but I know that it is very libertarian and free market oriented. I have learned mainly about the philosophies of Milton Friedman and international economics, as well as very much about risk management using derivative products as well as agricultural economics. If you are interested in some good books, "Capitalism and Freedom" by Milton Friedman and "Free to Chose" both the book and the TV series which I own are very good. The great thing about Milton is that he can argue and articulate his side a lot better than me and all those who disagree with him still like him and respect him. I just don't have that type of ability to get my opinions across without pissing too many people off.

[cottonpicken]

Wow,you read a couple of books and figuered it out eh?

Well ive spent almost 10,000 hours at it and read many,many things and i still have many things to learn.

Have you or have you not heard of austrian economics?

If you havent go to the back of the bus because you are a retard,because you know less than nothing because you think you know something.

http://www.lewrockwell.com/rothbard/rothbard43.html

I can argue at any level on the kenysian/austrian debate.But i cant have an arguement with somebody that has never heard of austrian economics.Its like babe ruth playing ball at a kids t-ball game.

Now read the link i gave you very closely and remember this-all the events that are unfolding have been PREDICTED!

And Tom in the long 4 thousand year breath of human history how was it possible the gold standard flourished(minus the last 38)?Maybe the amount of currency in the world doesnt matter at all?

[cottonpicken]

Find out about this guy to.

Americas saviour.

http://www.lewrockwell.com/paul/

[liberty]

Another good website to view is

www.mises.org

There is a new article on a current topic every day from an Austrian perspective by a variety of authors.

There is also

www.dailyreckoning.com

Peter Schiff, Bill Bonner, Mark Faber and Jim Rogers are all Austrians. Milton Friedman, however, is not an Austrian. He is an inflationist at heart.

Reading articles like this will help a person to understand what is going on in the world's economy, why current efforts to fix it via "stimulus packages" will fail, and what one can do to profit from this failure.

[Fransisco]

To answer Tom's question the following link talks about one way of returning to a gold standard. It' also got a good recount of how we got here.

http://www.realclearmarkets.com/articles/2008/12/how_to_return_to_a_gold_standa.html

[classicalliberal]

Ok CP, I guess your smarter than the rest of us and we are all retards. Thanks asshole.

[cottonpicken]

You stepped into the bear trap when you jumped on here and proclaimed your marketing genius and how you were going to save us from ourselfes.

Just what do you think has been discussed here for the past decade?

[classicalliberal]

I'll go head to head on grain marketing with anyone, anyday. I guess the problem is that I don't speculate and am constantly locking in margins which is the right thing to do rather than speculate like most do.

[Fransisco]

Cool it cotton, you guys have more in common than you might think.

[cottonpicken]

The simplest thing and only thing is to post your thoughts.

If your locking canola now or waiting,POST IT.

That way,down the road,people may or may not listen to you depending on your prior calls.

Now please answer this.

How long have you been reading angerville,how well do you know the cast of characters?

[agstar77]

No class in that Liberal. You fit right in with some of the rude people on this board.

[classicalliberal]

Our grain is already locked in for the next couple years. Someone who is an agriville blogger told me to come to this site and blog about the CWB since I was already blogging the socialists on the CBC website. Those people are even worse. Typical government owned CBC always putting up stories about how great the CWB is.

[poorboy]

How does one without a trading account go about selling next years and the year afters crop.

I have several landlords that get a share of my crop and would like to lock in a portion of their crop also, so it even for them and myself. I can't use a trading account with fees and margin calls because then I would have to chase down my landlord every time a margin call is needed, etc. which is tough to do.

Cwb will only let me price the gross price per bushel (don't know the basis yet) on 2009 crop and nothing more.

Local line companies will only price canola till Dec,2009 and no further.

Feed barley is a commodity that could be priced out a year, but now I can get a fall price for 2009 only.

Yellow peas, no one wants to price anything for new crop, unless you want to do it for $2-4/bushel below old crop levels.

I have been trying to find a way to protect my future crop prices, without making it difficult paperwork for myself, revenue canada, or the cais program.

What method is everyone using for crop pricing, for 2009, 2010 & 2011?

[cottonpicken]

Bullshit.
If you did you went with a line company at a ridiculuosly cheap rate.
Like those poor ass sugar beet growers in alberta.

Forward pricing in the greatest bull market ever is the epitimy of stupidity.