Fekete Answers Me & the Debate Continues

[webmaster]

Subject:Fekete Answers Me & the Debate Continues
By: Jason Hommel, Silver Stock Report

Overview: In the end, grain trading is nothing like silver trading, because grain spoils, and must be eaten. Silver never spoils, and cannot be eaten. Therefore grain must be delivered before it spoils, and those who go short grain contracts are trying to extinguish thier liability to holding rotting grain by delivering grain into their contracts. This does not take place in the silver markets, where less than 10% of contracts, and often sometimes only 1% of contracts, results in any delivery.

Link: http://news.silverseek.com/GoldIsMoney/1213880004.php

[cassowary]

Story just out that Quatari SWF may take a stake in Barclay's.

[cassowary]

Widely thought that among the silver shorts' baby games, they have long made MF Global an inverse pairs trade with CDE.

MF Global just took a 30 percent hit for foggy reasons beyond the obvious.

Ergo, CDE . . . ???

(In my opinion, there are THREE problem commodity short positions for the "Allianz Alliance," including MF - silver, wheat, and nat gas. Note how hard it is for the Powers That Be to allow all three to go up at once!

(For this group at least, Gold is just an afterthought.)

[daman4455]

These gentlemen make a living out of their debate and readers get their productivity wasted.

[FedFixNix]

Originally Posted by daman4455

These gentlemen make a living out of their debate and readers get their productivity wasted.

Apparently one reader did. Those who do not find value in what they are reading should try doing something else.

[balou2]

Ding ding ding. Next round coming for sure. I didn't find the remark particularly appropriate, but who am I to judge.

Yours very sincerely,

Antal E. Fekete
Gold Standard University


P.S. In the January 17, 2008, issue of your silver stock report you took me to task for writing that the monetary metal with the higher specific value is more portable both in space and time. In particular, silver is less portable than gold because it costs more to ship as the unit of value. This fact is one of the main reasons why gold has been, is, and will likely to remain more valuable than silver. You concluded that “Fekete has stuck his foot into his mouth”. Further down in the same article you include your own calculation showing that silver costs about 2.8 times as much to ship as gold which proves my claim. Whose foot in whose mouth?

AEF

[balou2]

That (my last) post came off in poor taste. I found the first couple exchanges between Mr. Hommel and Mr. Fekete well-played, but for some reason I read this article as more personally-driven than previous missives. I enjoy the dialog between two very knowledgeable men who do not meet in the middle, but I hope to see the dialog retain its original context.

[research24]

I'm afraid I must agree with Mr. Fekete on usury. I find Jason's position to be odd since Jesus clearly had no problem with it as revealed in the parable of the talents. Fekete makes the point that we will never know the truth about many of these questions as we don't exactly know who is doing what. Jason suggests that Antal's answer is evasive: I didn't think so.

From looking at the daily graphs it is pretty obvious that there is a lot of coordinated manipulation that in the stock market they call carpet bombing and take-downs. This is criminal activity and should be stopped. It surprises me that Antal doesn't see it as such.

[pkrebaum]

"From looking at the daily graphs it is pretty obvious that there is a lot of coordinated manipulation that in the stock market they call carpet bombing and take-downs. This is criminal activity and should be stopped. ....."
-research24

The FED has 360 billion dollars (over 1/3 trillion !) invested in the equities markets. Anyone who thinks this money is not being used to benefit their banker and Wall Street buddies, IMHO...., has a screw loose.

As for the usury debate, you can find my opinions here:

http://forums.silverseek.com/showthr...?t=1032&page=2

http://forums.silverseek.com/showthr...?t=1032&page=3