FOFOA and Freegold

Discussion of the Gold portion of the Permanent Portfolio

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flyingpylon
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FOFOA and Freegold

Post by flyingpylon »

Does anyone here read FOFOA's posts at http://fofoa.blogspot.com ?  I have read them from time to time over the last couple of years and I'm never really sure what to think. I have to admit that a lot of it goes over my head, plus I don't have the time or spare cpu cycles in my brain to absorb it all.

Just wondering what other's impressions are of FOFOA and the concept of Freegold.  It all seems pretty "out there" but at least it's intellectually entertaining, unlike much of what's on the internet.
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foglifter
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Re: FOFOA and Freegold

Post by foglifter »

Thanks for sharing! I admit I had hard time understanding the post at first, since I've never heard about Another, FOA, FOFOA, "transition" etc. Then I googled "freegold" and learned that I need to do some reading:

https://en.wikipedia.org/wiki/Freegold
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
- Talmud
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MachineGhost
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Re: FOFOA and Freegold

Post by MachineGhost »

Sure sounds like what we got now!
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
systemskeptic
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Re: FOFOA and Freegold

Post by systemskeptic »

I have read Another, FOA, and FOFOA.  If you own 25% of your portfolio as Gold, you would do yourself a great favor by devoting a weekend or two to reading through:

Another (Thoughts!)

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

and Friend of Another

http://www.usagold.com/goldtrail/archiv ... ilone.html

Even if you do not believe the story is credible, it will have most certainly changed your perspective on Gold, currencies, and the monetary climate we are in today.  If you haven't even heard of them before, it should probably set off some serious alarm bells in terms of the level of information you have with respect to world markets.
Last edited by systemskeptic on Thu Feb 21, 2013 11:10 am, edited 1 time in total.
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