Tuesday, August 23, 2011
Yay for Forum 1900, but now I have a much more significant milestone for y'all to celebrate. As of today this blog is three years old. I can hardly believe it. Here's what a chart of FOFOA might look like:
The only secret to writing this blog (which is obviously not a secret) is that I stand on the shoulders of Giants. To me, the archives linked over there to the right have been a gold mine. They contain more deep truth than all the books I've read since getting interested in gold and money back in 2008. And in my opinion, they have more relevance to our future than any of the contemporary analysts I read today. And that's because they contain the paradigm for what is unfolding. All I do is test and retest it through this blog.
For the last two years, ever since I first put up the donation button, there are a select few of you that have faithfully and consistently supported me in my effort to continue unwinding complex but vital concepts. You guys (and a few gals) are the only reason I'm still here doing this for free. Thank you! For the rest of you, please click on the three tonnes of gold if you'd like to send me a little blog birthday present and help keep this thing going for another year:
My gift to you for now, until my next big post, is the following. These are my favorite song choices from the last nine months of posts. I call it FOFOA playlist #2. Playlist #1 can be found here.
FOA on Currency Styling, Currency Management, Dollar Hyperinflation and End Game Scenarios
From FOA on Currency Styling, Currency Management, Dollar Hyperinflation and End Game Scenarios last November, here's 'Boulevard of Broken Dreams' by Green Day. The reason I chose this song was partly for the chorus line "I walk alone" as it relates to FOA's parting words. But I also liked this song because I could relate to the lyrics myself as the Freegold foundations explored here are not very popular in the precious metals community for various reasons:
"I walk a lonely road
The only one that I have ever known
Don't know where it goes
But it's home to me and I walk alone…
Freegold in the Proper Perspective
From Freegold in the Proper Perspective in early December, here's 'Firework' by Katy Perry. A Friend heard this song for the first time and quickly sent it to me as a contender for the Freegold theme song. I agreed and put up a poll at the end of the post pitting Perry against Petty. But Firework was a brand new song at the time and it lost the poll. Since then, many others have come to agree with me and my friend that this song really strikes a relevant chord to those that get what I'm writing about: why you should follow in the footsteps of Giants through a monetary transition. Here's Firework with lyrics:
Focal Point: Gold
From Focal Point: Gold later in December, here's 'We are the Champions' by Queen. Focal Point: Gold is about the game theory concept in which there can be only one winner, and I thought the lyrics fit the post:
"…it's been no bed of roses
No pleasure cruise
I consider it a challenge before the whole human race
And I ain't gonna lose…
Kicking the Hornets' Nest
From Kicking the Hornets' Nest also in December, here's 'In the End' by Linkin Park. Hornets' Nest was a post about the "silver warriors" (hornets) that didn't like my Focal Point: Gold post. Perhaps you remember them; those people that were going to crash the TBTF bank JP Morgan by buying used silverware and bidding it all the way up to $36 per ounce which was the magic price that would bankrupt one of the largest global banks. I thought the lyrics were befitting these toy soldiers:
"…even though I tried, it all fell apart
What it meant to me
be a memory of a time when
I tried so hard
And got so far
But in the end
It doesn't even matter
I had to fall
To lose it all
But in the end
It doesn't even matter…
Reference Point: Gold - Update #1
From Reference Point: Gold - Update #1 in January, here's probably the greatest gold-related movie soundtrack ever. 'The Ecstasy of Gold' by Ennio Morricone is a classic from the 1966 film 'The Good, the Bad and the Ugly' starring Clint Eastwood. Reference Point Gold (RPG) is another name we use for Freegold. It comes from an FT editorial by Robert Zoellick, president of the World Bank:
From Freegold Foundations here's 'The Way' by Fastball. I had just finished writing this post and was thinking about some song choices. I play music while I shower in the morning and this song came on. I hadn't heard it in years, but the lyrics really struck me:
"But where were they going without ever knowing the way?
Anyone could see the road that they walk on is paved in gold…
From Indicium in March, here's 'Crazy' by Gnarls Barkley. I guess you just have to really understand what I write about to see how Crazy is probably one of the great Freegold theme song contenders. I ended the Indicium post with this line from ANOTHER: "And gold? You will never know its price. It will stop all trading as it slices thru $10,000+." And as Cee Lo Green said in the song:
"…it wasn't because I didn't know enough
I just knew too much
Does that make me crazy?
Deflation or Hyperinflation?
From Deflation or Hyperinflation in April, the post that inspired 30-year deflationist Rick Ackerman to write a response titled "Hyperinflation vs. Deflation: I Concede", here's 'Wake Up' by Arcade Fire. This is one of my favs of the bunch. Admittedly Arcade Fire takes a bit of getting used to, but it's well worth the effort. I thought this song was perfect for a hyperinflation post (check out the lyrics at the post), but this particular performance at Coachella was even more perfect. It was shot only 7 days before my post went up, and I loved the glowing balls falling on the fans as a visual analogy to FOA's front lawn dump:
The Return to Honest Money
From The Return to Honest Money in May, here's a great live version of 'It's the End of the World as we Know it' by R.E.M. TEOTWAWKI has many connotations today ranging from Mad Max to Mayan Apocalypse. But the way I meant it is the end of FOFOA's dilemma, which is… the world as we know it. That'll be enough! Trust me. ;)
From the Treasure Chest
From From the Treasure Chest in June, here's 'Not Afraid' by Eminem, a must-listen:
From Forum 1600 on July 18th, the day gold closed over $1,600, here's 'Under Pressure', a collaboration between David Bowie and Queen. I hope that more explanation is not necessary for this one:
And finally, from Forum 1800 just a few days ago, here's a fantastic Metal version of Ennio Morricone's 'The Ecstasy of Gold' by Metallica:
GLD puked again today.
8/24/11 - Another puke today. Two days in a row. First such cluster since the 2008 lows.