Friday, October 15, 2010

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    Disclaimer


    The views expressed on this site are my own and do not necessarily represent the views of the Department of Economics or the University of Oregon.












    Mark Thoma

    Department of Economics

    University of Oregon



    Folks, check this out!


     


     


    http://www.usagold.com/goldtrail/archives/another1.html

    ANOTHER ( THOUGHTS! ) ID#60253:


    All: I ask you, why did the world go off the gold standard in the early 70s? You have an answer, yes? For all the problems this created, could the countries not just revalue gold upward, to say $300 ( back then ) ? What was the real reason the world entered a period of "freely traded" "managed gold"? "


    This question has more impact on the gold market of today than it did then! In days past, it was held as good knowledge that the US stopped gold backing to protect the dollar and keep gold from leaving to other shores.


    But, in the same time frame, all central banks did sell gold to all persons, even the US. All treasuries held gold and dollars as reserves. To what end did the world financial system gain with the dollar off gold backing, and then allowed to "dirty float" against all currencies? Would the world not have been better off to find gold revalued to, say $300 and then begin a "dirty float"? Noone would have lost, and the inflation would have , at best, not have been worse!


    Truly, I tell the reason for this action. The US oil companies knew that the cheap reserves were found. The governments knew this also. The only low cost oil reserves in the world at this time were in the Middle East, and their cost to find and produce was very low. It was known, that, in time, ALL oil would come from this land. As much higher US dollar prices were needed to allow exploration and production of other reserves, worldwide. But, how to get crude prices, up, when the Gulf States were OK to pump and produce in exchange for "gold backed dollars"? I will not name the gentlemen that brought this thinking to the surface in that era, but it was discussed. It was known that oil liked gold. It was known that "local oil" would be used up without higher prices. What if, the US dollar was taken off the gold standard, and gold was managed "upward" to say, $208 per ounce? The dynamics of the market would force oil to rise and allow for much needed capital to search for the higher priced oil that was known to exist! The producers would find shelter in gold even as the price of oil was increased in terms of a now "non gold dollar"! Price inflation would rise, but gold and oil would also increase. The dollar would continue to be used as the only payment for oil, and in doing so replace gold as the backing for this "reserve currency". All would be fair.


    The war in 1973 and the Iran problem did make markets "overshoot", but all did work to the correct end. The result was "a needed higher price for a commodity that was, as reserves, in much over supply by the wrong countries"! It was known that the public would never have accepted this "proposition" as fair. To this end, we have come.



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    Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

    17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

    White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

    iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

    iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

    A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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      Disclaimer


      The views expressed on this site are my own and do not necessarily represent the views of the Department of Economics or the University of Oregon.












      Mark Thoma

      Department of Economics

      University of Oregon



      Folks, check this out!


       


       


      http://www.usagold.com/goldtrail/archives/another1.html

      ANOTHER ( THOUGHTS! ) ID#60253:


      All: I ask you, why did the world go off the gold standard in the early 70s? You have an answer, yes? For all the problems this created, could the countries not just revalue gold upward, to say $300 ( back then ) ? What was the real reason the world entered a period of "freely traded" "managed gold"? "


      This question has more impact on the gold market of today than it did then! In days past, it was held as good knowledge that the US stopped gold backing to protect the dollar and keep gold from leaving to other shores.


      But, in the same time frame, all central banks did sell gold to all persons, even the US. All treasuries held gold and dollars as reserves. To what end did the world financial system gain with the dollar off gold backing, and then allowed to "dirty float" against all currencies? Would the world not have been better off to find gold revalued to, say $300 and then begin a "dirty float"? Noone would have lost, and the inflation would have , at best, not have been worse!


      Truly, I tell the reason for this action. The US oil companies knew that the cheap reserves were found. The governments knew this also. The only low cost oil reserves in the world at this time were in the Middle East, and their cost to find and produce was very low. It was known, that, in time, ALL oil would come from this land. As much higher US dollar prices were needed to allow exploration and production of other reserves, worldwide. But, how to get crude prices, up, when the Gulf States were OK to pump and produce in exchange for "gold backed dollars"? I will not name the gentlemen that brought this thinking to the surface in that era, but it was discussed. It was known that oil liked gold. It was known that "local oil" would be used up without higher prices. What if, the US dollar was taken off the gold standard, and gold was managed "upward" to say, $208 per ounce? The dynamics of the market would force oil to rise and allow for much needed capital to search for the higher priced oil that was known to exist! The producers would find shelter in gold even as the price of oil was increased in terms of a now "non gold dollar"! Price inflation would rise, but gold and oil would also increase. The dollar would continue to be used as the only payment for oil, and in doing so replace gold as the backing for this "reserve currency". All would be fair.


      The war in 1973 and the Iran problem did make markets "overshoot", but all did work to the correct end. The result was "a needed higher price for a commodity that was, as reserves, in much over supply by the wrong countries"! It was known that the public would never have accepted this "proposition" as fair. To this end, we have come.



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      Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

      17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

      White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

      iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

      iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

      A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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      Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

      17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

      White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

      iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

      iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

      A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        Disclaimer


        The views expressed on this site are my own and do not necessarily represent the views of the Department of Economics or the University of Oregon.












        Mark Thoma

        Department of Economics

        University of Oregon



        Folks, check this out!


         


         


        http://www.usagold.com/goldtrail/archives/another1.html

        ANOTHER ( THOUGHTS! ) ID#60253:


        All: I ask you, why did the world go off the gold standard in the early 70s? You have an answer, yes? For all the problems this created, could the countries not just revalue gold upward, to say $300 ( back then ) ? What was the real reason the world entered a period of "freely traded" "managed gold"? "


        This question has more impact on the gold market of today than it did then! In days past, it was held as good knowledge that the US stopped gold backing to protect the dollar and keep gold from leaving to other shores.


        But, in the same time frame, all central banks did sell gold to all persons, even the US. All treasuries held gold and dollars as reserves. To what end did the world financial system gain with the dollar off gold backing, and then allowed to "dirty float" against all currencies? Would the world not have been better off to find gold revalued to, say $300 and then begin a "dirty float"? Noone would have lost, and the inflation would have , at best, not have been worse!


        Truly, I tell the reason for this action. The US oil companies knew that the cheap reserves were found. The governments knew this also. The only low cost oil reserves in the world at this time were in the Middle East, and their cost to find and produce was very low. It was known, that, in time, ALL oil would come from this land. As much higher US dollar prices were needed to allow exploration and production of other reserves, worldwide. But, how to get crude prices, up, when the Gulf States were OK to pump and produce in exchange for "gold backed dollars"? I will not name the gentlemen that brought this thinking to the surface in that era, but it was discussed. It was known that oil liked gold. It was known that "local oil" would be used up without higher prices. What if, the US dollar was taken off the gold standard, and gold was managed "upward" to say, $208 per ounce? The dynamics of the market would force oil to rise and allow for much needed capital to search for the higher priced oil that was known to exist! The producers would find shelter in gold even as the price of oil was increased in terms of a now "non gold dollar"! Price inflation would rise, but gold and oil would also increase. The dollar would continue to be used as the only payment for oil, and in doing so replace gold as the backing for this "reserve currency". All would be fair.


        The war in 1973 and the Iran problem did make markets "overshoot", but all did work to the correct end. The result was "a needed higher price for a commodity that was, as reserves, in much over supply by the wrong countries"! It was known that the public would never have accepted this "proposition" as fair. To this end, we have come.



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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        http://hotmiamireo.com miami beach foreclosures by hotmiamireo


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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        Failed banks can be a huge source of new contracts for smaller foreclosure cleanup businesses.

        In my meeting with an FDIC executive a few weeks back, I was urged to make direct contact with failed banks for foreclosure cleanup work in my geographic area. Apparently, many of the "acquiring institutions" (banks that ultimately takeover a failed bank's assets) are simply overwhelmed.

        The FDIC is the receiver of these failed banks, but they are ultimately acquired by other banks because everyday banking business must continue for a failed bank's customers.

        Often the FDIC and these acquiring institutions use larger property preservation companies to handle maintenance of the failed bank's real estate assets. But these big property preservation companies are, in many cases, simply taking too long to handle all the requests for foreclosure cleanup work because they are overwhelmed with the number of properties. These larger companies are increasingly behind on inspections, appraisals, yard maintenance, cleanup and the like.

        That's good news for the smaller foreclosure cleanup company that has its ducks in a row: proper registration, license and insurance.

        Where to Find Failed Banks To find failed banks in your area (with complete contact info for the acquiring banks), visit this website and follow these steps:
        1. Visit website: http://www.fdic.gov/bank/individual/failed/banklist.html.

        2. For example purposes, click on the First State Bank in Flagstaff, Arizona(as of this newsletter writing, it is the 4th bank down on the list. The bank's name is an actual hyperlink and will take you to the failed bank's info page).

        3. Then, click on "XII. First State Bank Contact Information." This is also a hyperlink and will take you to the contact info for First State Bank. But, remember, First State Bank is out of business, so we want to know who the acquiring institution is. So...

        4. When you get to the contact info page (from Step 3 above) of First State Bank, click on "1. ACQUIRING INSTITUTION(S)." This link will give you the contact info for the acquiring institution. We're almost there. If you see an 800 number, which is often the case, you may want to ignore it and simply send a mailer to the acquiring institution's street address, which will be listed. An 800 # may get you Customer Service, which may be of no help, but at least you will have a street address to which you can mail correspondence.

        5. To get to the meat of what you really want, scroll down that same page a bit until you get to Real Estate Owned (or scroll back up the page and click on Real Estate Owned, which will take you to the Real Estate Owned Contractor). This section will usually have a real person's contact name, phone, fax, and/or email. BINGO! This is what you want. Call them and ask them if you can send them some info about your company. Tell them what you do and how you can begin helping the acquiring bank immediately with their foreclosure cleanup needs.
        In some instances you will not readily see the acquiring bank's information, but poke around the website a little and find what you need.

        Build Your Roster of Failed Banks and Grow Your Business

        Start building a roster of failed banks in your geographic area and stay in touch with them to grow your business (win "mind share," remember). Visit the failed bank's website above often to find newly closed failed banks.

        Get on the FDIC's "Failed Banks" Mailing List

        To get on the FDIC's mailing list so you can be notified immediately when a bank closes, visit this link and follow the free subscription instructions: https://service.govdelivery.com/service/multi_subscribe.html?code=USFDIC.

        Failed Banks Listed by Month

        Visit this link to see which banks closed in which month: http://www.fdic.gov/bank/historical/bank/index.html.

        Failed Financial Institution Contact Search

        Visit this link to search for a failed bank by name: http://www2.fdic.gov/drrip/cs/index.asp.

        Good luck with your foreclosure cleanup business!

        by Cassandra Black, CEO, Foreclosure Cleanup, LLC and Author of Pricing Guide for Foreclosure Cleaning & Real-Estate Service Businesses: How to Price Jobs for Profit eBook and How to Invest in a Home for Under 10K and Have a $45 Per Month Mortgage Payment!



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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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        Fox <b>News</b>&#39; Brian Kilmeade: “All Terrorists Are Muslim” « Oliver Willis

        17 Responses to “Fox News' Brian Kilmeade: “All Terrorists Are Muslim””. Jay says: October 15, 2010 at 9:13 am. Of course, anybody with a rational mind could understand that Kilmeade was specifically talking about 9/11 and was saying ...

        White iPhone 4 delay due to mismatched Home buttons? | iLounge <b>News</b>

        iLounge news discussing the White iPhone 4 delay due to mismatched Home buttons?. Find more iPhone news from leading independent iPod, iPhone, and iPad site.

        iPad <b>News</b> Apps: &#39;NYTimes&#39; Revamp, &#39;New York Post&#39; In-App <b>...</b>

        A pair of New York newspapers are making news themselves today with their recent iPad app releases, with The New York Times introducing a greatly-expanded application and The New York Post rolling out.


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