Haystack January 2012

[Rasta]

Earlier months in this thread:
Haystack December 2011
Haystack November 2011
Haystack October 2011

[Rasta]

Ivo Cerckel: The Chamber-Pot of Wim Duisenberg

In his 9 May 2002 Acceptance speech of the International Charlemagne Prize of Aachen for 2002,
Dr. Willem F. Duisenberg, President of the European Central Bank,
said that
“what Sir THOMAS MORE said of gold five hundred years ago – that it was MADE FOR MEN and that it had its VALUE BY THEM – applies very well to the euro.” (1)

“When THOMAS MORE, for example, endows the criminals in his utopia with golden chains and the ordinary citizens with gold and silver CHAMBER POTS, it is in something of the spirit that leads primitive mankind to wreak vengeance on lifeless images and symbols”,
says Ludwig von Mises in his “The Theory of Money and Credit”, (2)

Thomas More mentions the being-made-for-and-valued by men
and the chamber-pots
in the same Book 2, of his “Utopia”, (3)

Whose interpretation of Thomas More’s “Utopia” is correct?

That of Wim Duisenberg or that of Ludwig von Mises?

[Adamus]

Ivo Cerckel: The Chamber-Pot of Wim Duisenberg

In his 9 May 2002 Acceptance speech of the International Charlemagne Prize of Aachen for 2002,
Dr. Willem F. Duisenberg, President of the European Central Bank,
said that
“what Sir THOMAS MORE said of gold five hundred years ago – that it was MADE FOR MEN and that it had its VALUE BY THEM – applies very well to the euro.” (1)

“When THOMAS MORE, for example, endows the criminals in his utopia with golden chains and the ordinary citizens with gold and silver CHAMBER POTS, it is in something of the spirit that leads primitive mankind to wreak vengeance on lifeless images and symbols”,
says Ludwig von Mises in his “The Theory of Money and Credit”, (2)

Thomas More mentions the being-made-for-and-valued by men
and the chamber-pots
in the same Book 2, of his “Utopia”, (3)

Whose interpretation of Thomas More’s “Utopia” is correct?

That of Wim Duisenberg or that of Ludwig von Mises?

LvM
Don't know about Duisenberg, did he ever talk about "severed from....." later? Marketingtalk to sell us the euroshit? Maybe Gretta can tell us.

[Rasta]

Ivo Cerckel: EU harmonisation is no model for anything

[Rasta]

Ivo Cerckel: Manneken Pis, ECB, and Ludwig von Mises

[Adamus]

http://www.24hgold.com/english/news-gol ... bie+Baltin

[Gwyde]

Miners' performance relative to precious metals

The focus of this article is on the gold and silver miners from a tactical point of view: how do PM miners perform relative to the price of gold or silver. Data used are 2011 end-of-year.
Special attention is paid to the miners covered by the database 'Canadian gold and silver mining', for which a capital weighted index of gold- and silver miners is calculated. Aggregated performance is one thing, it's also very illustrative that miner and explorer performance has been diverging from outperforming the metals by a wide margin to losing ground completely.

http://gwyde.blogspot.com/2012/01/miner ... cious.html

[Paul]

[Paul]

http://www.zerohedge.com/news/sarkozy-t ... euro-fails

It was always the French.

have only one thing to say to this small dicked little man.
vas te faire foutre

[Rasta]

Worth listening: Ann Barnhardt: The Financial System House of Cards Is Ready to Topple

mp3 interview [38:38]

The insurance funds were there, but they decided not to backstop, to set a president. Because if they would have, it would have been revealed there wasn't enough money to cover everything. A legal Ponzi scheme!