Search found 4773 matches

by technovelist
Sat May 18, 2019 9:29 pm
Forum: Gold
Topic: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
Replies: 22
Views: 519

Re: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880

I still don't understand why we have not had massive inflation. My inability to explain the effect of multiple rounds of QE and enormous deficits has a lot to do with why I embraced Harry Browne's market agnosticism. We have had massive inflation, but it was in the prices of housing, medical care, ...
by technovelist
Sat May 18, 2019 9:27 pm
Forum: Gold
Topic: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
Replies: 22
Views: 519

Re: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880

What about not being allowed to take your money from the bank. eg they offer 0% for liquidity, and 4% for a yearly CD. In a real gold standard, i.e., a system where the same rules against fraud were enforced on "banks" as are enforced against everyone else, you would have to pay the bank a small ye...
by technovelist
Tue May 07, 2019 8:24 am
Forum: Gold
Topic: The GOLD scream room
Replies: 2453
Views: 393674

Re: The GOLD scream room

Selling gold to buy the best bitcoin mining rig money can buy. Nice. ;) (In all seriousness, I'm very jealous) Thanks! Actually it wouldn't be very good for bitcoin mining, as it doesn't have top-end graphics cards. What it is good for is developing and testing my new key-value store, which is aime...
by technovelist
Mon May 06, 2019 7:24 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2453
Views: 393674

Re: The GOLD scream room

ochotona wrote:
Mon May 06, 2019 8:14 am
Maybe traders have to raise some cash by selling gold
I just sold some gold, but not because of trading.

It was to pay for this: Image

It's supposed to be here tomorrow. So this is like Christmas Eve!
by technovelist
Sun May 05, 2019 8:02 pm
Forum: Gold
Topic: Time to Return to the Gold Standard?
Replies: 57
Views: 1394

Re: Time to Return to the Gold Standard?

Tn, With respect, you are just flat wrong on several points concerning paper money. Financial crises were far more frequent in earlier times and usually more severe on average. Additionally, very few economic crises have anything to do with money per se. They are almost always caused by something m...
by technovelist
Sat May 04, 2019 9:12 pm
Forum: Gold
Topic: Time to Return to the Gold Standard?
Replies: 57
Views: 1394

Re: Time to Return to the Gold Standard?

The purpose of the gold standard is to allow people to have one stable point in valuing commodities and labor. What I'm referring to is an actual gold standard, not anything that could be characterized as "hybrid",r "flexible" or "fractional reserve". An actual gold-standard bank is a specialized wa...
by technovelist
Wed Apr 24, 2019 7:08 pm
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 542

Re: Tax accounting for physical metals

Try Google sheets. I was a C++ programmer too and always thought spreadsheets were complicated, especially one written by a company like Microsoft who "excels" at complicating things. Google sheets is a lot simpler IMHO. Microsoft has gotten a lot better in the last few years. My most proficient ba...
by technovelist
Wed Apr 24, 2019 7:05 pm
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 542

Re: Tax accounting for physical metals

Sounds to me like your gold holding situation is a lot more complicated than the rest of us have to deal with. So maybe you are going to have to write that spreadsheet yourself after all. Apparently so. But the only thing complicated about it is all the different coins that I've purchased over the ...
by technovelist
Wed Apr 24, 2019 7:04 pm
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 542

Re: Tax accounting for physical metals

OK I think I understand what you're looking for: a sub-list of sale dates/amounts, amount left in the lot, cost basis, realized gains/losses in what year etc, sort of like what Fidelity and Vanguard provide for position holdings. Yes it would be a programming job if you do a lot of sales in differe...
by technovelist
Tue Apr 23, 2019 7:02 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15052

Re: Will Trump be Re-elected?

Forget about impeachment or criminal charges for "collusion" or "obstruction"... why don't we start talking about stringing Trump up on war crimes? ??? ::) (Sigh) After giving up on pushing collusion he didn't do and obstruction he didn't do to chase war crimes he didn't do, maybe the Democrats wil...
by technovelist
Tue Apr 23, 2019 5:29 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15052

Re: Will Trump be Re-elected?

http://nymag.com/intelligencer/2019/04/trump-vetoes-resolution-to-end-u-s-support-for-war-in-yemen.html As a presidential candidate, Donald Trump repeatedly suggested that Saudi Arabia had orchestrated the 9/11 attacks — and that the United States should stop wasting resources on bloody Middle East...
by technovelist
Tue Apr 23, 2019 11:09 am
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 542

Re: Tax accounting for physical metals

When you posted this I thought it was for clients not for yourself. If it's only for yourself, why make it so complicated? It's just a spreadsheet with a listing of gold purchases in the order you made them. To decide on a lot to sell, you can look for the purchase with the maximum loss (if you wan...