Comments on: Pay attention http://www.greaterfool.ca/2009/08/04/pay-attention/ Book and Weblog - Authored by Garth Turner Wed, 08 Feb 2012 18:56:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tom @ Canadian Finance Blog http://www.greaterfool.ca/2009/08/04/pay-attention/comment-page-3/#comment-38057 Tom @ Canadian Finance Blog Fri, 07 Aug 2009 19:27:56 +0000 http://www.greaterfool.ca/?p=3085#comment-38057 I put up a post yesterday with an Economics professor that looks at the phases of a bubble and what might be still to come. http://canadianfinanceblog.com/2009/08/06/is-the-current-market-a-return-to-normal.htm I put up a post yesterday with an Economics professor that looks at the phases of a bubble and what might be still to come.

http://canadianfinanceblog.com/2009/08/06/is-the-current-market-a-return-to-normal.htm

]]> By: conan http://www.greaterfool.ca/2009/08/04/pay-attention/comment-page-3/#comment-37929 conan Thu, 06 Aug 2009 23:38:03 +0000 http://www.greaterfool.ca/?p=3085#comment-37929 Re: 113 "September 31 2009 that agreement is done!" And why do you think Governments will stop selling gold? LOL Re: 113

“September 31 2009 that agreement is done!”

And why do you think Governments will stop selling gold?

LOL

]]> By: DD - Do Your Due Diligence http://www.greaterfool.ca/2009/08/04/pay-attention/comment-page-3/#comment-37893 DD - Do Your Due Diligence Thu, 06 Aug 2009 18:53:12 +0000 http://www.greaterfool.ca/?p=3085#comment-37893 110 Bailing in BC "I don’t believe this poster was being facetious, just honest. If you re-read #9, she noted her frustration at not being able to buy. She was being facetious, and certainly was not admitting to selling drugs. Who in their right mind would openly admit on a public forum that requires the submission of an email address that they were drug dealers (yes, you can put a fake email address but your IP address is recorded). My whole point was that any 26 year old with 100k in the bank making 60k has been living with their parents. This trend of delayed social development allows people to amass larger DPs than those without such forms of parental assistance, even with mediocre salaries/wages. These large DP's facilitate the continued buying frenzy. And since Metro Vancouver has the highest percentage of these individuals, the frenzy could go on for some time. That was the point 110 Bailing in BC

“I don’t believe this poster was being facetious, just honest.

If you re-read #9, she noted her frustration at not being able to buy. She was being facetious, and certainly was not admitting to selling drugs. Who in their right mind would openly admit on a public forum that requires the submission of an email address that they were drug dealers (yes, you can put a fake email address but your IP address is recorded).

My whole point was that any 26 year old with 100k in the bank making 60k has been living with their parents. This trend of delayed social development allows people to amass larger DPs than those without such forms of parental assistance, even with mediocre salaries/wages. These large DP’s facilitate the continued buying frenzy. And since Metro Vancouver has the highest percentage of these individuals, the frenzy could go on for some time.

That was the point

]]> By: Davinci http://www.greaterfool.ca/2009/08/04/pay-attention/comment-page-3/#comment-37850 Davinci Thu, 06 Aug 2009 14:08:30 +0000 http://www.greaterfool.ca/?p=3085#comment-37850 "Ever heard of Bretton Woods, sailor? — Garth" Yes! Have you heard of 1971 Nixion Nixed the gold standard thus ending Breton woods? Surelly your are old enough to remember that? lol :D Have you heard of 1999 central bank "gold agreement"? I'm sure you have not so just google it or let me explain... The gold agreement in a nutshell is that central banks must sell a minimum of 500 tons of gold (total) anually for ten years. September 31 2009 that agreement is done! “Ever heard of Bretton Woods, sailor? — Garth”

Yes!

Have you heard of 1971 Nixion Nixed the gold standard thus ending Breton woods? Surelly your are old enough to remember that? lol :D

Have you heard of 1999 central bank “gold agreement”?
I’m sure you have not so just google it or let me explain…

The gold agreement in a nutshell is that central banks must sell a minimum of 500 tons of gold (total) anually for ten years. September 31 2009 that agreement is done!

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