saveyourassetsfirst3 |
- But who is going to buy silver or gold when it gets to $xxxx per oz?
- Talk to me about your exit strategy, specifically taxes
- Update 05/09/2011
- Beijing Embassy Cable; Chinas Gold Reserves
- FLASH: China knows about gold price suppression, and U.S. knows China knows
- Get the h..eck out of GLD and SLV now and use alternative gold and silver bullion investments
- European Equities Hammered; German DAX Down 5%; US Futures Down 2%; Gold Hits 1900 Again
- Historic event as gold surges while stock markets tumble, Turk tells King World News
- Gold Reaches $1,900 Again - Supported by Risk of U.S. Recession…
- Gold price back to $1,900 per ounce
- Capstone Continues To Bank Large Orders, Demonstrate Growth Prospects
- Is Buffett's Bank Of America Investment A Signal Of A Positive Future For U.S. Equities? Probably Not
- The Big Move: Playing The Corn Bubble With These 2 Dedicated ETPs
- Eric, Catherine and Kid
- India Markets Monday Wrap-Up: Energy, IT Stocks Lead The Decline
- James Turk - Expect a Big September for Gold & Silver
- 7 mREITs With Liquidity, Currently Yielding Over 15%
- Mining stocks – On the runway, ready for take-off
- Can gold save the PIIGS?
- US Finances Are A Mess But Europe Sells First
- Gold & Silver Market Morning, September 5, 2011
- Goldrunner: The “GOLDEN PARABOLA” & “SILVER ROCKET” Update
- This past week in gold
- Governments Buying Gold
- Chinese investors driving gold prices higher
- Investing is For the Birds
- Commanding a Recovery
- The Principle Of The Gold Standard
- The Principle of Productivity of Labor and Capital
- The Principle Of Productivity Of Debt
| But who is going to buy silver or gold when it gets to $xxxx per oz? Posted: 05 Sep 2011 05:50 AM PDT Do anyone else get this question when they are talking to people that are uneducated in PMs? I have gotten this question quite a few times from people, either afraid that if they buy PMs they will be stuck with an unusable "commodity", or not understanding that PMs are a preservation of wealth: But who is going to buy silver or gold when it gets to $xxxx per oz? My answer usually goes something like this: Well, when silver was at $4/oz, don't you think people were saying "But who in the world is going to buy silver at $40/oz?", or a similar statement with gold. Obviously there is still plenty of buying/selling going on at $40/oz. That would seem to close the case, but instead they usually just get a glazed look over their eyes. |
| Talk to me about your exit strategy, specifically taxes Posted: 05 Sep 2011 05:43 AM PDT First post here. Newbie to buying pms as of this spring. It's apparent most people here have the buy and hold, maybe forever, strategy but I can't say I'm there yet. If you have an exit strategy, what is it? Where do you sell? Are transactions recorded if they're large? Does one pay capital gains on the sale of pms? I've read a lot on the boards but haven't found anything about taxes... Feel free to comment or point me in the right direction. Thanks! |
| Posted: 05 Sep 2011 05:26 AM PDT
In the meanwhile: new target = 1990. Support = 1795.  |
| Beijing Embassy Cable; Chinas Gold Reserves Posted: 05 Sep 2011 03:49 AM PDT |
| FLASH: China knows about gold price suppression, and U.S. knows China knows Posted: 05 Sep 2011 03:48 AM PDT |
| Get the h..eck out of GLD and SLV now and use alternative gold and silver bullion investments Posted: 05 Sep 2011 03:32 AM PDT |
| European Equities Hammered; German DAX Down 5%; US Futures Down 2%; Gold Hits 1900 Again Posted: 05 Sep 2011 03:06 AM PDT |
| Historic event as gold surges while stock markets tumble, Turk tells King World News Posted: 05 Sep 2011 02:03 AM PDT |
| Gold Reaches $1,900 Again - Supported by Risk of U.S. Recession… Posted: 05 Sep 2011 01:43 AM PDT |
| Gold price back to $1,900 per ounce Posted: 05 Sep 2011 01:30 AM PDT Gold is back near record nominal highs with spot gold trading around $1,900 per troy ounce and close to euro1,350 per troy ounce. With US markets closed for Labor Day, the focus has been on the ... |
| Capstone Continues To Bank Large Orders, Demonstrate Growth Prospects Posted: 05 Sep 2011 12:54 AM PDT By VFC: Capstone Turbine (CPST) has become a perpetual member of the 'Weekly Stock Watch' list since rising to over the two dollar mark earlier this year and then dropping back down to a buck on heavy short interest as the broad market declined. That's not to say, however, that positive developments have continued to materialize, even as the stock dipped to pre-runup levels. This past Wednesday, for example, Capstone announced that it had secured another large order from Pumps and Service, a long-time distributor of the company's, for 30 C65 microturbines. The 30-unit order should be considered significant for Capstone, as it proves that Pumps and Service continues to deliver, with full accounting now at 150 units ordered in the past 12 months. It's also a pretty good indication that Capstone's products continue to make headway in multiple markets, especially in the oil and gas fields. The units from this Complete Story » |
| Posted: 05 Sep 2011 12:40 AM PDT By Avi Gilburt: Everyone is heralding Warren Buffett's 5 billion dollar investment in Bank of America (BAC) as a major expression of investor confidence in a significant sector of the American economy; our banking industry. However, can the average investor make money in following the decision that Mr. Buffett made from his bathroom in Omaha? Warren Buffett has become known as the world's greatest value investor over the last 5 decades. He has made billions of dollars during the 70's, 80's an 90's by buying companies that are priced below their intrinsic value, or, as he now puts it, buying a company at their intrinsic value with the expectation that it can increase its intrinsic value. He is quoted as saying this is buying a "wonderful business at a fair price." But, if we take a step back, and look at the environment in which Mr. Buffett has made his legendary purchases over Complete Story » |
| The Big Move: Playing The Corn Bubble With These 2 Dedicated ETPs Posted: 05 Sep 2011 12:22 AM PDT The Big Move is a new series that I plan to periodically post exclusively at Seeking Alpha. Over the past several years, I have closely studied and played big moves. As evidenced by my public track record , I have a knack for calling 'em right most of the time – Silver, Biotech, Oil, and now Corn. ETF Long and Short Ideas: (1) Teucrium Corn (CORN) or (2) PowerShares Agriculture Double Short (AGA) click to enlarge I know - corn isn't sexy. For this reason, many investors don't follow it and most won't even look at it. That's crazy. When a good opportunity presents itself, who cares whether it's sexy or not? That said, investors really need to sit up and pay attention here. A potentially very good opportunity exists right now with corn. In this article, I will briefly try to state my case – again. In addition, I will Complete Story » |
| Posted: 05 Sep 2011 12:22 AM PDT I forgot to mention I'd left some comments/speculation to this excellent article that looks at the Sprott three months to get my silver story, which includes some graphics of what 600t of silver looks like. I also liked this blog post by Catherine Austin Fitts, keeping things in perspective: "Gold is a metal. If everyone takes all their money out of operating enterprises and puts it in gold and pays people to watch their gold or dig up the earth to get more gold, the economy will stop. The top guys bubbled real estate and used the money to buy up gold and silver cheap while imploding the emerging markets and forcing their way into big real estate and equity positions there. Now they will allow gold and silver to rise and shift their money back into real estate and land. The emerging markets will continue to rise. And of course there will be interim pumps and dumps along with the way. And technology, including of weaponry, is the wildcard. Our current economy is operating on 50-100 year old technology. Of course, without law, that which can be stolen and protected rises in value. Operating enterprises require the rule of law or expensive private armies to retain value when times are lawless. Hence, there is no one answer, no magic bullet. If there is a core, it is certainly not a metal. It is, rather, intelligence both human and divine. "Happy is the man that findeth wisdom, and the man that getteth understanding. For the merchandise of it is better than the merchandise of silver, and the gain thereof than fine gold." Great economies are raised one healthy child at a time. Sound currency certainly helps." Kid Dynamite's post on the Gallup finding that "Thirty-four percent of Americans say gold is the best long-term investment" is also worth a read along with Adrian Ash's take on it, where he notes "that the gold bubble comes far more in media coverage than in actual investment decisions to date".  |
| India Markets Monday Wrap-Up: Energy, IT Stocks Lead The Decline Posted: 04 Sep 2011 10:55 PM PDT By Equitymaster: While the markets came off the day's lows during the closing hours, they were unable to move into the positive and as a consequence, indices in the Indian stock market closed the first day of the week on a negative note. The BSE-Sensex edged lower by around 110 points whereas NSE-Nifty was seen shedding close to 20 points (down 0.45%). The BSE Mid Cap and BSE Small Cap indices bucked the trend though and closed marginally higher today. Two stocks declined for every one that gained on the Sensex today. Complete Story » |
| James Turk - Expect a Big September for Gold & Silver Posted: 04 Sep 2011 10:49 PM PDT |
| 7 mREITs With Liquidity, Currently Yielding Over 15% Posted: 04 Sep 2011 10:30 PM PDT By Zvi Bar: The fall of mortgage-backed securities (MBSs) caused a major financial crisis three years ago. The low-rate environment that followed the bursting of the Internet bubble, combined with lax mortgage practices by a historically strict group, fueled the ballistic rise of MBSs. Their consequent collapse brought down almost everything else, including interest rates. Now, the companies that hold these securitized mortgages occupy the highest yielding corner of the market U.S. equity markets. There are many REITs that manage portfolios of these securitized mortgages (mREITs). These companies buy the mortgage paper as an investment, or in order to re-securitize them and sell them to another REIT or some other entity that is investing in real estate loans. Many of these mortgage REITs that have a longer track record performed very poorly through and following the real estate collapse, largely due to their using leverage to purchase paper and make money off the Complete Story » |
| Mining stocks – On the runway, ready for take-off Posted: 04 Sep 2011 10:15 PM PDT September 5, 2011 Gold has been rising faster than the price of mining stocks. Here are some statistics to prove this point. In the twelve months ending August 31st, gold has risen |
| Posted: 04 Sep 2011 09:30 PM PDT Politicians from the euro-core countries are raising more cries that further loans and rescue packages to the periphery be backed by collateral of some kind, there have even been calls that if any ... |
| US Finances Are A Mess But Europe Sells First Posted: 04 Sep 2011 09:05 PM PDT "Euro Weakens Amid Speculation on Extension of Short-Selling Ban in Europe." The Euro weakened against the dollar and pared gains versus the Yen on concern regulators will need to extend a ban on short-selling in European equity markets to prevent the region's sovereign-debt crisis from worsening." "The Yen fell versus most of its major peers as a decline in bets that Federal Reserve Chairman Ben S. Bernanke will signal new stimulus measures fueled demand for the safety of U.S. Treasuries. The greenback dropped earlier this week against the Yen and Euro on speculation Bernanke might announce in a speech tomorrow further steps to bolster the economy, including a third round of debt purchases under quantitative easing." "The Euro is breaking down on the back of the stock-market drop," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman & Co. in New York. "The short-selling ban expires today in Italy, Spain, Belgium and France. Talk is that they may renew it." "The Dollar Index, which Intercontinental Exchange Inc. uses to track the greenback against the currencies of six major U.S. trade partners including the Euro and Yen, gained +0.3% after declining -0.3% earlier. Stocks retreated as panic selling pushed Germany's DAX Index down 4 percent in 15 minutes. It pared the loss to 2.1%. The Standard & Poor's 500 Index fell -0.8% after earlier climbing as much as +1.1%." -Catarina Saraiva 8-25-11 Bloomberg.net The Euro currency and the Euro-land grand experiment is cracking-up as Germany and France cannot decide how to fix the mess. It's un-fixable and will deteriorate quickly ruining the global bond market in a massive slow motion slide.         This posting includes an audio/video/photo media file: Download Now |
| Gold & Silver Market Morning, September 5, 2011 Posted: 04 Sep 2011 09:00 PM PDT |
| Goldrunner: The “GOLDEN PARABOLA” & “SILVER ROCKET” Update Posted: 04 Sep 2011 07:07 PM PDT
By: Goldrunner www.GoldrunnerFractalAnalysis.com Gold has been rocketing up to, and through, the price levels that we laid out many months ago (although a couple of months later than we had expected). This is the equivalent move for Gold that we have recently seen Silver making. As Gold starts to rise more parabolic on the log chart, it creates a very important consequence for the Precious Metals (PM) stock indices since they are heavily weighted in Gold Producers. Suddenly, the price of Gold is rocketing up through, and above, the mining costs of the Gold Producers and triggering heavy leverage for the earnings of those Gold Miners. Early in the week of August 8th we laid out for subscribers to our service (see here for subscription details) our expectations for a major double bottom in the HUI index and the GDX ETF at around the 100 week exponential moving average – the start of the first of three major Precious Metals Stock momentum moves to come. Since that time both the HUI and the GDX have created the important sequence of price rises and re-retests to confirm the start of the momentum move, resulting in a very important break-out in both indices this past Friday. THE GOLDEN PARABOLA We can see on the chart of Median Line Log Gold below, Gold started a sharp rise right about the time that the debt ceiling was raised. That announcement provided the need for further debt monetization via further aggressive dollar inflation. The timing of the start of the higher angled rise came right on time per the 70's chart for Gold. Many have been looking for Gold to re-trace heavily from this run, but we believe that we are seeing the early start of a more parabolic move for Gold that will take Gold much higher by year-end, or into early 2012. The next upside target for Gold will likely be up to around the $2250 target we have already laid out, then up much higher after a short correction, before Gold takes a bit of a breather for a few months. So far, Gold has shot up to $1915, then re-traced to our first support line on the arithmetic Elliott Wave Channel chart that we have shown in the past. We expect that line of support to hold since Gold has barely scratched the surface of the similar rise that Silver recently made as it busted upward from $17.50 to rocket up to $49.50. The next Gold chart is a log chart showing that the top dotted angled line that lies in the area of $2250 is analogous to how far Gold fell out of the main channel during the deflation scare back in late 2008. We expect that top dotted line to serve as the next upside resistance level where we will see a bit of a correction before Gold continues to explode higher into year-end, or into early next year. All of the metrics of Gold's rise up to this point are mute once Gold busts out in a parabolic form on the log chart as seen in the late 70's. THE SILVER ROCKET Back when Silver was trading around $30 we laid out targets for Silver in a multiple topping process as seen in the late 70's and in 2006. At the time we laid out a range of $48 to $49 for the first resistance line for Silver into May/June with the potential for Silver to spike up to as high as $56. Silver hit that first line of resistance with traders coming in overnight on a Sunday in April to hammer Silver down to a very similar percentage reaction as we saw in 2006. At this time Silver is rising back up as it did in 2006 to reach for the next high in the expected multiple top formation. In the 2006 chart of Silver, below, we can see the sharp correction that is very similar to the recent price reaction. In fact, the RSI and price pattern for Silver are almost identical twins in the two periods as Silver moves back up to expected new highs toward the $52 to $56 area. 2006 SILVER
THE CURRENT SILVER ROCKET CHART SUMMARY/ REVIEW The nature of the price rise for Gold, and for Silver, are somewhat different as seen in the current and 1970's charts for each. The chart of Silver tends to rip higher in sudden emotional price drives whereas the rise of Gold tends to be a much smoother parabolic form. The price of Gold is the true reflection of the amount of dollar devaluation in progress as we have often noted in the past so the US Dollar Index becomes a fairly impotent guide to dollar inflation in this part of the cycle where global competitive currency devaluations are in full swing. At this point, we believe that the parabolic rise in Gold and in Silver still have a very long way to go as measured directly off of the late 1970's Charts. In fact, we expect the arithmetic ratio targets for Gold and for Silver, based on the late 1970's rise for each, to get blown away since we are seeing a logarithmic rise in dollar inflation compared to the late 1970's. We have just hit the point where the more parabolic rise in Gold set off the leverage for the Gold Stocks in the late 1970's. Therefore, we expect the real parabolic PM Stock Index Bull is just now commencing. We expect that the break-out last Friday will eventually be seen as the first of three PM Stock momentum runs yet to come. Fasten your seatbelts! To keep abreast of daily developments in what is happening with physical gold and silver, various PM indices and specific gold and silver mining and royalty stocks please subscribe to our service here. To read more of public access articles please go here. Please understand that the above is just the opinion of a small fish in a large sea. None of the above is intended as investment advice, but merely an opinion of the potential of what might be. Simply put: the above is a matter of opinion and is not intended as investment advice. Information and analysis above are derived from sources and utilizing methods believed reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Comments within the text should not be construed as specific recommendations to buy or sell securities. Individuals should consult with their broker and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions. In the interest of full disclosure, GOLDRUNNER is personally invested in the Precious Metals sector including various Precious Metals and other individual stocks. GOLDRUNNER reserves the right to modify or eliminate any or all positions at any point in time.
|
| Posted: 04 Sep 2011 06:21 PM PDT By Jack Chan at www.simplyprofits.org GDX – on buy signal. Summary Disclosure End of update
|
| Posted: 04 Sep 2011 05:50 PM PDT Gold Forecaster |
| Chinese investors driving gold prices higher Posted: 04 Sep 2011 05:49 PM PDT |
| Posted: 04 Sep 2011 05:07 PM PDT --The office was nearly empty on Friday evening and your editor was just about to head for the door when a head popped around the corner. The head belonged to Diggers and Drillers editor Alex Cowie. The head then spoke. "Did you see the gold price?" --We hadn't. But we looked. And it was up. Silver was up nearly two per cent as well. Meanwhile, thanks in part to some lousy US employment numbers, the Dow Jones Industrials fell 2.20%. The gold price closed at US$1889. --More from Alex below on silver. But the jobs data from the US was actually lousier than it first appeared. No new net jobs were added in the US economy. None. The official unemployment rate is 9.1%. But if you included people who had dropped out of the employment pool altogether and those who are marginally attached to the workforce, the unemployment rate is more like 16%. --As we wrote last week, this is a structural problem. It's one Australia is starting to encounter. When government policy favours the financial industry with unsound money and low interest rates, it creates ideal conditions for banks and their shareholders and for industries that depend on cheap finance, like real estate. --But the manufacutring jobs that have disappeared thanks to a globalised work force are awfully hard to get back. They certainly won't come back by Monday. Monday is a US public holiday. The hangover from the US jobs report will afflict the Aussie market for at least a couple of days. --Something else happened on Friday worth noting. Wikileaks got tired of waiting for the mainstream media to sift through all those US diplomatic cables. Some 65 gigabytes of uncensored US diplomatic cables were set free on the Internet late Friday afternoon. The data mining has begun. --One interesting item that's been published already is that China views gold as a weapon against the US dollar. A US diplomatic cable from April 28th, 2009 - gold closed at $906.20 in New York that day - quotes Chinese media on the subject of currency warfare and gold. Under the subject, China increases its gold reserves in order to kill two birds with one stone, the cable reads (emphasis added is ours):
'The China Radio International sponsored newspaper World News Journal (Shijie Xinwenbao)(04/28): "According to China's National Foreign Exchanges Administration China's gold reserves have recently increased. Currently, the majority of its gold reserves have been located in the U.S. and European countries. The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold's function as an international reserve currency. They don't want to see other countries turning to gold reserves instead of the U.S. dollar or Euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency. China's increased gold reserves will thus act as a model and lead other countries towards reserving more gold. Large gold reserves are also beneficial in promoting the internationalization of the RMB.' --This cable reveals that one primary method of intelligence gathering for US diplomats is to read the local papers. If the papers are good, then maybe the intelligence will be better than nothing. --But God help American diplomats reading Australian financial journalists! They would have to conclude the country is ruled by economically ignorant elitists. GK Chesterton defined journalism as, "writing badly on an enormous scale" and the journalist as, "one who is vastly ignorant about many things, but who writes and talks about them all." --Perhaps now we know why American intelligence gathering has been so poor in the last 20 years. It's taking its cue from the media. But it's not surprising that the first step in open-source intelligence gathering is to see what's in the papers. That tells you what the social mood is. --In fact, some traders are even trying to harness "social mood" as a predictor of stock market prices. There are products out there now that promise to track Twitter trends and issue you buy and sell alerts derived from social media trends. Check out Wall Street Birds. Prepare to laugh. -- Other products are based on the same idea but sound a lot more complex. They are based on artificial neural networks - computer networks and software designed to mimic the structure of the human brain. The programs claim to be self-learning and adaptive and, of course, predictive. They claim to help you anticipate future stock behaviour by analysing rapidly evolving social trends. --The idea sounds plausible. It appeals to a kind of emotional logic that if you collect enough real-time data about what other people are doing and saying, the right algorithm can tell you what they're about to do. Now that social media like Twitter and Facebook are producing so much output, you just need to aggregate the data, crunch it, trade it, and rake in the dough, baby. --But we're not sure there's any real advantage in knowing what other people are thinking, especially if they're not thinking. The social media aggregator/neural network stock prediction theory promises to operate the same way a price does in a free market. That is, it promises to communicate useful information by reducing millions of different individual sentiments into one. --A price IS useful information, as long as it is not distorted by, say, easy credit. Easy credit causes people to spend more money than they have. Producers of goods and services react to this and overestimate consumer demand. Real resources are misallocated based on bogus price signals. --But a neural network that tells you what people are Tweeting about can't possibly tell you what BHP stock is worth, can it? No. Why? Because what people are thinking about is not the same as what they are actually doing with their money. Prices measure human action. Indicators that measure sentiment are useful. But sentiment fluctuates. It's subject to manipulation. And basing your financial decisions on the quality of other people's aggregate thinking is the same as not thinking at all. --That was a long diversion from China and gold. But really both subjects - gold and neural network/Twitter stock prediction theory - are about absolute vs. relative value. The Chinese know that the consensus belief in the US dollar as a reserve currency requires the suppression of the gold price. The rising gold price communicates useful information to investors: fiat money is a fraud. --In the Chinese view, gold has a real value no matter what people think about it. It has absolute value. This is why China is planning for a new world reserve currency in which gold is remonetised. Our guess is that they are aiming for a 2015 launch, in which the Yuan is partially internationalised and included in the IMF's special drawing rights basket of currencies. --This brings us back, in a roundabout way, to Alex and silver. The logical end of a monetary crisis is a reissuing of currency and a revaluation of that currency relative to gold and silver. This was the point Alex made over the weekend when talking about Isaac Newton and silver in 17th century England. --Alex pointed out that English silver was underpriced. That is, the silver content of English coins was worth more as silver on the Continent than it was as a sovereign coin. Arbitrage ensued. Speculators bought silver coins in England at face value, melted them down, and sold them in Continental Europe for a profit. --Newton concluded that in Europe, the natural ratio of gold and silver in circulation was 15:1. He suggested a recoinage of English money and a revaluation of the currency. Both took place. And off England went to a century of Imperial dominance with sound money. You can read the whole story form Alex here. --Our point? We are nearing a major monetary transition in world history. It will inevitably involve the disappearance of some currencies and the emergence of new ones. You don't need Twitter to tell you that. And you don't have to be a neuroscientist to know that the new global reserve currency is going to be at least partially backed by gold. Dan Denning |
| Posted: 04 Sep 2011 04:58 PM PDT We're in the Charles de Gaulle airport, in Paris, en route to the USA. Not much to report anyway...at least not to you, dear reader. The Dow went down 119 points yesterday. Gold lost 2 bucks. Nothing revelatory...no burning bushes...no booming voices from the heavens. But, the rest of the world is waking up to what you've known for years. Here's the headline in The Financial Times today:
Hopes for global recovery take a hit Yes, the world's financial elite still believe in the recession/recovery concept. What a pity it never seems to work out. The report continues:
The global manufacturing recovery appear[s] to have come to a grinding halt in August, activity surveys suggested on Thursday, undermining hopes of a vigorous economic recovery in the second half of the year. And what's this? Martin Wolf, chief economist at the FT, has finally realized...
This is no normal recession. Of course, Dear Readers, have known that for years. Now, after trillions spent trying to treat it as though it were a typical post- war recession, leading economists are finally noticing the obvious. All that spending has stimulated nothing but larger debts:
In the US, unemployment is still double pre-crisis levels... But neither Mr. Wolf nor Mr. Bernanke are ready to give up. Nor are any of the other misters who are in position to manipulate the system...influence it...or steal from it. Mr. Wolf promises to give us his 'fix it' solutions in next week's newspaper column. He hints that the US government should...surprise!...spend more money. Either he has learned nothing. Or we haven't. He still believes that the challenge is basically a matter of repairing the economy...fixing it...so that it works like he thinks it should. What does that mean? How many people should have jobs? How fast should GDP grow? What should be the interest rates charged by lenders? Ask him! Dear readers see the absurdity of this immediately. In the minds of the meddlers, an economy should work as they command. It has no natural state...no normal functioning...no purposes to which they aren't privy. In short, the economy should do as it is told! How will this command economy thing work out? Stay tuned... And more thoughts... Well, we don't have any more thoughts. We have to run to catch a plane... But here is Frank Shostak, with some ideas of his own...
The Monetary Tsunami Is Coming Regards, Bill Bonner, |
| The Principle Of The Gold Standard Posted: 04 Sep 2011 04:00 PM PDT |
| The Principle of Productivity of Labor and Capital Posted: 04 Sep 2011 04:00 PM PDT Gold University |
| The Principle Of Productivity Of Debt Posted: 04 Sep 2011 04:00 PM PDT Gold University |
| You are subscribed to email updates from Gold World News Flash 2 To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment