patrick.net

Reality says

the Chinese Yen is artificially trading at a level much higher than what a free float would land it:

That would be the Chinese Yuan, Yen is Japanese.

underwaterman says

It is a counter-currency against all other currencies that are being devalued worldwide in currency wars at this moment.

Gold isn't a counter currency, and never will be. We are shipping Germany's gold because Germany needs gold to prop up their own currency, the same as the Chinese are doing.

It's a trick for the feeble minded who think gold has value.

The United States on the other hand has energy resources. The United States has a robust economy which is what you are trying to say, but you don't know what you are saying.

Fighting wars economically is a Viet Nam era 1970s theory. We have engaged in economic warfare ever since then.

Currencies fell by the wayside with the creation of the Euro, the fall of Russia, and the rise of the rupee in India.

underwaterman says

Those are the ones that had a benign ending. I worry about the ones like the Weimar Republic currency fiasco setting the stage for a Hitler to rise to power.

This is the ultimate nut job, Glenn Beck, rational for gold.

Kevin says

Why are you people still debating under waterman?

Because underwaterman is everywhere you don't want him, or her.

He, or she throws up six comments to make some random points, and kills any thread he, or she, goes to.

You can ignore him, or her, but that leaves the threads disjointed.

The purpose of the rantings is unclear, but it might as well run it's course.

underwaterman says

my study of the stupidity and danger of war

That's rich. The military has been a profession since time began.

You're now trying to fit military terms into your conspiracies about the economy, or more specificly about currencies compared to gold.

underwaterman says

I'm now ignoring you

Then ignore me so I can attack your crazy ideas all I want without having you responding to it.

underwaterman says

He is quite intelligent and I know this because I've been following him for over 2 years now

Really not a great recommendation.

underwaterman says

We are currently in a currency war

You haven't presented any facts to that, just opinions about a "currency war." That currency war concept died in the 1990s.

Just look at what was the Yuan, Ruble, or Euro before the economic crisis, and the rise of the Rupee since then.

There is no currency war. There was some saber rattling about the petro dollars, and reserve currency, but that faded with the lack of economic ability of countries like Russia, or China, or Europe for that matter.

Face it, we are in a global economc contraction which blows your theories to heck.

underwaterman says

I think if terrorists can think outside the box and turn 2 airplanes into weapons and bring down two large skyscrapers in New York they can figure out how to build a dirty bomb or construct a home made drone with a bomb or find a way to blow up a nuclear plant.

That sure sounds like a conspiracy theory to me.

At the same time there is nothing to say that with the proper cooperation governments can't fix the global economy so that "terrorists" don't feel the need to attack.

Give it a bloody rest, why don't you?

underwaterman says

And James Rickards is neither an idiot nor a propagandist. He is quite intelligent and I know this because I've been following him for over 2 years now.

This is a joke, right? I have read James Rickards articles for over a decade. The guy has been a metal bull for a long time, but the war nonsense is recent. Here's some clue for you: I bought bulk silver for the first time in the year 2000, at around $4 per ounce. First purchase was a 1000oz bar off someone disappointed by the Y2K Nothingburger.

underwaterman says

I think if terrorists can think outside the box and turn 2 airplanes into weapons and bring down two large skyscrapers in New York they can figure out how to build a dirty bomb or construct a home made drone with a bomb or find a way to blow up a nuclear plant. You can over-analyze why they couldn't all your want but it doesn't affect the reality and risk of it happening.

Even "terrorists" have to operate within the laws of physics. The "terrorists" don't do original inventions. They follow the scenarios already laid out by the likes of Rand Corporation and Tom Clancy novels. Using airliners as flying missles was a plot element for nearly a decade before being carried out for real.

"Dirty Bomb" is an idea for the the really gullible. If you believe that, you might believe the "walking dirty bomb" where the "terrorist" swallows highly radioactive material and irradiates others on public transportation through his guts. LOL. That will work even better than selling overly sensitive explosive material to bomb makers . . . at killing wannabe terrorists. That will teach them a lesson: don't become a terrorist, the government doesn't like competition.