All times are U.S. Mountain Time
(Yesterday's Discussion.)
Goldilox (7/2/05; 23:52:07MT - usagold.com msg#: 133724)
NWO
Hi $Bill,
I'll gladly debate you any day, as you tend to approach debate in an open, adult manner.
Some of your NWO ideas hit some interesting chords with me, so let me return your serve.
From my EXTENSIVE research, it seems to me that the NWO and PAX Americana are two birds of a feather. More often than not, I am asking for "investigation" to see if something really is true when preponderant evidence points to strong possibilities. I prefer truth over ideology, as I have had my fill of the Swaggarts, Robertsons, and Cheneys who tell me what I MUST believe in order to cement their political strongholds. The majority of people say "I can't believe they would do that", but refuse to examine any evidence whatsoever.
As Marc Faber remarked in his Puplava interview today, spreading Democracy by bankrupting the middle class is very dangerous, as witnessed in Weimar Germany. Hitler was "duly elected" by a really PO'd middle class. They saw that the Allies had made it impossible for them to have any chance at a reasonable post-war existence and chose a leader that would help them take it back! Bad gamble, but the Palestinians have been living in Israeli-Imposed concentration camps for three generations, and it is not hard for me me to understand "suicide" insurgencies under those conditions.
Heck, the US forefathers revolted over a 5% TAX. We give up >50% for "security" and "services", and are usually too afraid to even grumble a little.
Dr. Marc also commented on the UNOCAL-CNOOC deal.
China wants to purchase the Asian assets of UnoCal (approx 70% of their holdings) and resell the Western assets to Western companies. The US media wants us to believe that China intends to own all the 76 stations in America, the furthest from the truth, but it is what I have come to expect from Murdoch, et al.
Not to be too personal, but nay-sayers often fault my "research" and then fail to deliver anything that contradicts the evidence. I've read the 911 report, in all its inconsistencies, and also taken the time to read many of the the alternatives. Have you? Or are you accepting the admin's story - lock, stock, and barrel with no verification? I would say "Trust, but VERIFY"!
I would be the first to suggest that the 911-truth people don't have the answers all correct, but I would also be the first to want their mostly legitimate questions answered truthfully and completely. Don't just brand them as unpatriotic for having the cajones to question authority. The questions are too good to be completely whitewashed by "personalities and politics".
As to who are my teachers?
I learn by reading and listening to others, but then run what they say through the wringer to filter out the self-serving BS as best I can. No person or historical record is infallible, and I especially won't waste my time with people who try to convince me that all the ancient writings are crap except "one". Having studied how politically that book came about (through Roman emperor's edicts and purges), I have to call it to task, as well. Especially since none of the protagonists ever appear in any legitimate historian's accounts of the same time period.
I studied science in my youth - chemistry and physics - at no less than Teller Tech (UC Livermore Lab). I have lately taken to McCanney, not so much for his political stance as his very reasonable scientific research. Bit I also admire his willingness to call NOAA and NASA out on the carpet for their worship of 19th century scientific dogma and their complete fleecing of the public.
The NWO, as you call it, will stop at nothing to control everything! There is no reason for us to ignore alternative energy - not just in practice, but even in the universities, who fail or otherwise ostracize anyone who attempts to bypass traditional energy technology.
Well maybe one reason. Maintaining control over the masses and the "status quo".
PRITCHO (7/2/05; 22:46:10MT - usagold.com msg#: 133723)
@ GOLDILOX AND FOREIGN UNDERSTANDING OF US -- -
Your post (133706) was awesome and obviously the outcome of some serious thought. It always stands out that fellow Americans will very seldom OPENLY appluad or agree with anything said against the State --even if it is true & needs said. How sad. It only perpetuates ALL that needs changing. That said there is a similar inclination here in OZ but to a much lesser degree. The Prime Minister is NOT placed on a pedestal & is fair game as are ALL our politicians.
$Bill is a bit of a lost cause -he will not SEE what is staring him in the face.Nice guy - -but. And please Bill do not even consider coming here to Australia. Help! There are enough here with blinkers on as is - - -
YGM (7/2/05; 21:47:45MT - usagold.com msg#: 133722)
Also in North Defense on Computer Glitch's
Much of what North foresaw as a result of Y2K computer meltdown could come to pass any time in the future thru virus's or other unkowns. Even a disruption of a few weeks could spell major problems thru-out our computer controled world. Mankinds complacency in this day and age is rampant & tantamount to stupidity.
YGM (7/2/05; 21:40:06MT - usagold.com msg#: 133721)
Who's laughing at Gary N.? And at Trail Guide?
Noone should be for if they are they won't get the last laugh. IMHO
North may have made a major faux pas on Y2K, but he knows Gold & economics, and has vision beyond the mainstream fools. Trail Guide & Another will be shown to be prophetic and somewhat ahead of their time, again IMHO.
The Invisible Hand (7/2/05; 21:25:53MT - usagold.com msg#: 133720)
Who's laughing at Gary N.? And at Trail Guide?
http://observer.guardian.co.uk/business/
http://observer.guardian.co.uk/business/story/0,6903,1519745,00.html
Oil 'will hit $100 by winter'
Worst-ever crisis looms, says analyst · Surging demand to keep prices high
Heather Stewart, economics correspondent
Sunday July 3, 2005
The Observer
SNIP
Oil prices could rocket to $100 within six months, plunging the world into an unprecedented fuel crisis, controversial Texan oil analyst Matt Simmons has war
http://observer.guardian.co.uk/business/story/0,6903,1519747,00.html
Brussels plans 'dramatic' overhaul of CAP
Nick Mathiason
Sunday July 3, 2005
The Observer
SNIPS
The European Commission is planning a radical overhaul of the Common Agricultural Policy. The CAP currently costs European taxpayers £30 billion.
In the midst of an attack on the controversial EU farm subsidy regime from Tony Blair, Brussels is attempting to reassert its political leadership of the 25-member trading bloc by putting on the table proposals which could dramatically alter the CAP.
+
EU SPLASHES OUT TO SELL US THE EURO
Despite losing referendums in France and Holland the EU's higher echelons have a comeback plan: to promote the single currency, writes Martin Jay in Brussels.
The Commission has already started to spend at least €16 million (£10.7m). According to a confidential report, there are now plans to increase this budget. The move follows indications from the European Central Bank in June that poor growth in eurozone countries could be partly attributed to the single currency.
The campaign is targeted at the Danes and Swedes as well as Brits, who are particularly singled out as they 'have a very low knowledge of the euro'.
SCRAP THE CAP
Curse of cotton
http://observer.guardian.co.uk/business/story/0,6903,1519764,00.html
EU policy on agriculture shackles Africa, but the US also hands billions to its farmers.
Hilary Benn: 'Ending unfair subsidies is a moral imperative' http://observer.guardian.co.uk/business/story/0,6903,1519762,00.html
Georgia's legacy of slavery http://observer.guardian.co.uk/business/story/0,6903,1519763,00.html
US cotton is dumped in Africa, pushing commodity prices down and ruining countries like Burkino Faso and Benin.
Dollar Bill (7/2/05; 21:05:15MT - usagold.com msg#: 133719)
.,.
Goldilox, I think your economic homework is highly respectable. Your political homework is not at the same level.
Your analysis of economic subtleties is astute, your analysis of media bias, on either side, is not of the same caliber.
What we do here really, is allow each other to be our teachers. There is no other place on the web or otherwise, that I personally allow myself to be taught by folks that wander all over the map day after day. The only time I got ticked off here, was when some guy came in and insulted posters, that might have had a weakness where he was pointing, but he clearly didnt care for them, and I do.
Usually I mostly read, and I dont want to alter anyone. Last week the moon must have been full.
What media, politicians are doing, that is one thing, it is open forum, so......
how would you alter the constitution.
how do you see us in 5 years?
how do you view the church state issue?
what is the goal of any group that you view as the smartest?
what is the definition of obscenity?
what is the boundry of any personal limits from a supreme court perspective? now or in your view, the goal.
what was your post about the nwo?
Do any of these look fun enough to discuss?
anyone?
Goldilox (7/2/05; 19:23:01MT - usagold.com msg#: 133718)
4th Hour Guest Expert - FSN Broadcast
http://www.netcastdaily.com/fsnewshour.htm
Adding a fouth hour to the show, Puplava also chats with Frank Barbera, CMT in an interview entitled
"Update on the Gold Market, A New Gold Index, & Why You Better Own Gold"
Might better brew a whole pot!
Goldilox (7/2/05; 19:17:48MT - usagold.com msg#: 133717)
FSN Saturday Broadcast
http://www.netcastdaily.com/fsnewshour.htm
Jim's guest today is none other than Dr. Boom, Gloom, and Doom, Marc Faber for a no holds barred discussion of infla-defla, wealth disparity, bubbles, asset inflationary cycles, etc.
When Jim said, "the CPI is skewed", Marc replied, "I think the CPI is a total fraud!"
Get your cup o' Joe ready for this one!
Cavan Man (7/2/05; 19:14:40MT - usagold.com msg#: 133716)
Hi Topaz
Par excellence SIR!
TownCrier (7/2/05; 18:48:11MT - usagold.com msg#: 133715)
Topaz, awesome post
All of it. Thanks.
R.
Topaz (7/2/05; 16:32:02MT - usagold.com msg#: 133714)
further...
...indications are that it's taking longer and longer each Month to "clear the decks" on delivery at Comex both with Gold AND Silver (witness May Ag and June Au)
Auguring bloody good for Bullion holders methinks.
Topaz (7/2/05; 16:14:16MT - usagold.com msg#: 133713)
Gold, reflections.
As the Jury is still out on whether this Dollar rally is "the real thing" or simply a Bear-Market "correction", it might be worth visiting the Golds recent history to perhaps gain some insight into future price developments.
These last few years have been witness to several structural changes in the GoldMarket including : -
Nymex "access" providing "round-the-clock" market participation.
Rothschilds quietly stepping aside from market-making duties in London.
The development of Chinese Gold trading infrastructure.
Similar moves in India, Dubai etc.
Willingness of mini-CB's to dis-hoard, acting as "shelf-stocker" on the Bullion front ...up until recently.
BoE Gold sales.
Swiss tranche ...1T/Day for 4odd years ...now complete.
There are more, but these will suffice.
When above developments are seen in the context of recent price movements, is it not quite apparent that : -
Price discovery Baton has transferred for London Spot to Comex Future.
Gold "Spot-price" determinant is now largely a derivative.
Comex "delivery" will be more and more associated with price "spikes"...likewise, non-delivery with price drops.
Whilst Ari et al insist that REAL Gold shoppers don't bother with Comex, the trend indicates "price" is being impacted more by them ...and, given the compounding 1Tplus/Day structural defecit, we could expect to see volitility in goldpricing increase "in-sync" with Comex delivery window.
IMHO.
Goldilox (7/2/05; 12:51:22MT - usagold.com msg#: 133712)
Thanks ge
I made it up "all by myself".
I'm feeling my oats today, as I had seats behind the plate last night while my Gints stumbled their way to a win with unearned runs and great D against the division leading home team and their Cy Young candidate Jake Peavy!
Now we're only 8 games out!
"I see Orange People!" LOL
ge (7/2/05; 12:15:19MT - usagold.com msg#: 133711)
@ Goldilox
NeoCRB?... Great Word!... Lol!!....
Goldilox (7/2/05; 11:20:23MT - usagold.com msg#: 133710)
P&F
@ Gandalf,
if they add another red zero, will it portend POG 7000?
Count me in!
Goldilox (7/2/05; 11:18:21MT - usagold.com msg#: 133709)
Ed Steer Article on CRB
@ ge,
This new NeoCRB should help the manipulators "steer" (pun intended) their financial boat more precisely, as their CPI and PPI are rapidly losing all credibilty. Even Bill Seidman, CNBC's favorite GS and Snow shill, on Friday stammered his way through an incredibly weak explanation of why inflation can still be considered "tame".
Seidman's "commentary" is taking on the tone of Wilfred Brumley's "Ads for the Alzheimer's afflicted".
"if you're not buying your Medicare drugs from XXX, you might be paying too much . . . and we'll deliver them right to your door!"
Gandalf the White (7/2/05; 11:17:11MT - usagold.com msg#: 133708)
Look Sir GAB !!!!! (I too thought that it was very unlikely !)
http://stockcharts.com/def/servlet/SC.pnf?chart=$GOLD,PWTADANRBO[PA][D][F1!3!!!2!20]&pref=G
BUT, there they are --- the Stacked RED "700" on the P&F Gold chart !
I take this as a SIGN that Gold will be priced at US$700 within the next few YEARS !
<;-)
(PLEASE note that there is still ANOTHER space for downward movement, while not BREAKING the UP CHANNEL !)
GO YELLOW !
Goldilox (7/2/05; 10:59:53MT - usagold.com msg#: 133707)
Miners' performance
@ KnallGold,
Your quote,
"And the performance of the Goldshares have been miserable to put it mildly."
is certainly reflective of their long-term performance since last year's premature run-up, but I interpret the 10-15% recent gains and strength during Friday's PM hit as a sign of stronger investment interest in the miners.
Not a recomendation, of course, but the last few months have demonstrated a lot more public and private interest in all things "golden".
Whether that is from increased instabilty in other markets, or real interest in gold, the effect should be about the same.
Goldilox (7/2/05; 10:51:56MT - usagold.com msg#: 133706)
Foreign "understanding" of US
@ $Bill.
Your quote: "He is a doctor, very smart in that way, yet his understanding of US is a combination of news sources from that region, and american leftist anti US media."
Would that "anti-US leftist media" be FOX, NBC, ABC, CBS, CNN, or the newly NeoCon administered PBS? Or just anyone who suggests serious investigation into the covert perpetrators of 911, and the $millions made by the still unidentified source of airline puts on Sept 10? The IRS knows every tiny stock and option trade I ever made, so please don't feed me the line that these traders couldn't be identified by their broker, if anyone in power wanted wanted them to be.
Our "Reichstag Fire" has been successfully swept under the rug. We have been so dumbed down by public administering of drugs, corporate control of organized religion, and "ideological news media" that it will unfortunately take a second event before anyone wakes up and asks why.
They spirited away the evidence from the first attack before any "investigation" could be started, and found some ghost camel-jockies to blame for gold-medal aerobatics into the WTC and an 8-foot wide hole in the Pentagon supposedly made by a populated 24-ft wide plane that left no plane or human debris at the site. Why were 24 Mossad agents who were gleefully video-taping the 911 attack deported with "diplomatic immunity" before any questioning as to where they got foreknowledge of the event? Does it bother anyone that 8 of the named dead hijackers are alive and well in Paris, having never been in the US during 2001?
We were told "the admin never even thought of using planes for weapons", but Cheney was in the situation room conducting a "military exercise" of that very scenario at the time of the event. The 911 "investigation" was conducted by the very same crooked lawyers and politicians that hushed up "Whitewater" and "Watergate".
There hasn't been a "leftist media" in the US since the LA Free Press went out of business 20 years ago, unless you count the libertarian internet press as "leftist". What was "moderate-centrist" 20 years ago is considered radical left today, as TPTB have censored or demonized everything else. Every TV, radio, and major newspaper is owned by about 10 very rich families.
In fact, for his loyal admin support, Michael Powell single-handedly dismantled the media monopoly rules and handed Ruppert Murdock up to 45% media ownership in any locale - and that's just one of the 10 families.
As an example, I submit the last Presidential election, where the "centrist" Democrats were demonized by your "so-called leftist" press, to be replaced by corporate-shill Kerry so we could choose between two "skull and bones" candidates with nearly identical backing. Clinton and Kerry leftists? What a laugh! That's like suggesting Hitler and Mussolini were to the "left" of Franco.
I don't always agree with the minimally remaining "leftist" press, but if they are ignored completely, we will all be sporting the RFID bracelets of your NWO sooner than we'd prefer. The current corporate-owned media is as "bought and paid for" as was IG Farbin 60 years ago, and expects us to dutifully "line up" for our daily dose of ideologic BS.
Debate, deduction, and dissent are dinosaurs in this political environment. USA Gold is to be highly commended for offering a forum for debate that has long ago left the sleeping mainstream behind.
USAGOLD / Centennial Precious Metals, Inc. (7/2/05; 10:15:06MT - usagold.com msg#: 133705)
A world of gold at your fingertips...
http://www.usagold.com/buy-gold-coins.html
mikal (7/2/05; 07:27:53MT - usagold.com msg#: 133703)
Date Correction
{Date of below article}
July 1, 2005 - Time flies when you're having fun. Maybe that magma is getting closer than I thought...
mikal (7/2/05; 07:23:05MT - usagold.com msg#: 133702)
Signs of gold magma
http://www.safrica.info/doing_business/businesstoday/businessnews/456770.htm
Gold's changing fortune - SouthAfrica.info - June 1, 2005
Dollar Bill (7/2/05; 03:36:53MT - usagold.com msg#: 133701)
.,.
Sundeck, That is quite a bit more advanced than ec 101 I would say!
I figure Israel will attack Iran on sept 11. So then, we have oil prices going where? So, hmmm, instant inflation, which will I suppose, cause a downturn for the global economy, lessening coming inflation in some commodities, products, despite fiat buildup.
So, religious war......I will cut back my reading of various sources to lessen my stress. I dont watch news at this point, that will have to continue. Someone posted recently, a study of high oil price impact on the us economy. In that situation, dollar strenghtens? CB's rally around the dollar because it is an emergency? World blames Israel, and of course the Admin. because Israel used US weapons, and US didnt stop thier planes.
Change ripples the world, gold goes up, breaks 500 I say.
IranianAmericans, how will they react? This is a wild card.
Some will probably do local harm. TIme to move to OZ?
What else happens when Israel attacks Iran? There is no way they wont. Sunni muslems dont have nice things to say about the shiite muslems. I have been invited to Iran. Ticket paid by a freind. He is from Tehran. He is a relative by marriage. He depresses me in only one way. He is a doctor, very smart in that way, yet his understanding of US is a combination of news sources from that region, and american leftist anti US media. Talking to him, I regret I am the only voice he gets that points out the good stuff. And how many educated doctors are among the Iranian folks in the US?
And he is in this condition? And americans are so carelessly inflameing him? Oh boy, we shall see.
What will happen in europe?
But, will destructions stop the big boys? The CB's?
They will hold the center, but......oh boy, Afganistan and Iraq were, well, nice and tidy. Number three? I dont want to see it. I suspect the forum will grow.
Knallgold (7/2/05; 01:34:08MT - usagold.com msg#: 133700)
POG8 leak?
Price of Gold drops 10bucks going into G8 meeting-coincidence or not will be seen next week,usually POG drops after such meetings (well,except the one in Washington back then).What has been complained in a newsletter I subscribe to,that in the last months the wrong people have been bullish on Gold.And the performance of the Goldshares have been miserable to put it mildly.This still IS Another Goldmarket developing,even though the Gold revaluation did not take place.But the case for Gold HASE NEVER BEEN BETTER THAN NOW!
The interest level in the US is getting interesting-if 3.5% will be sufficient for the real intentions behind the rate rises?Or,can't it be raised further without going to ring bells regarding housing bubble/economy freezing etc?
ge (7/2/05; 00:37:22MT - usagold.com msg#: 133699)
A Eulogy for the CRB by Ed Steer
http://www.kitcocasey.com/displayArticle.php?id=173
.
Sundeck (7/2/05; 00:30:27MT - usagold.com msg#: 133698)
Missing parenthesis...
Sorry...there is an opening parenthesis missing in my last message.
The corrected sentence in the fifth paragraph is:
"But instead of addressing the reserve currency issue (a broad, systemic aproach), there is a beat-up on China (narrow, nibbling-the-edges approach) to float its currency. "
Cheers
Sundeck (7/2/05; 00:19:19MT - usagold.com msg#: 133697)
Aufall Friday...
An "aufall" Friday, while the dollar seems to have resumed its role as the best of the bad lot among currencies...
Makes one wonder if the US dollar has got itself into a self-sustaining updraft...a kind or "runaway Greenspan effect".
While-ever the US currency is rising against other currencies and interest rates are rising as well, it makes it more desireable for foreigners to buy and hold US paper interest-bearing assets, since they gain on both rising interest rates (short-term rates, at least) and a benificial exchange rate...and the more they buy, the more the dollar rises and the more appealing the whole deal seems and so on and on it goes. Those already long-term holders of US paper assets, seeing the exchange rate "improving", as well as interest rates rising, will similarly be less anxious to diversify out of their US assets as they see their losses narrowing...so why not hold a bit longer and maybe they will narrow still more?
The only fly in the ointment is that the more the dollar rises, the cheaper imports (to the US) become and the more expensive (to foreigners) exports become; so the worse the trade deficit becomes -- unless the US corners the market on some dream new industry that everyone wants and no-one else can produce... That is, capital inflows truly manifest themselves in much greater productivity of things that America can actually sell to the rest of the world because the rest of the world wants them... At the moment, capital inflows are growing the US economy internally in things that the rest of the world does not particularly want, like US housing and excessive military equipment and hubris. It does not seem likely that some dream new export industry is going to emerge, so there is the risk of a runaway trade deficit.
A way out? Well in the absence of the wonderful new industry that Uncle Sam dreams up, that everyone wants and no-one else can produce, one way out might be for the US to surrender its role as producer and custodian of the World's reserve currency. Surely the days of Bretton Woods are over! The US is no longer the industrial powerhouse of a shattered world. Today it is the (conventional) military powerhouse of the world, and maybe the global media-spin powerhouse, but its old self has gone. OK, it still produces pretty good military systems that may be in demand abroad, but sales are tightly restricted to "favoured" clients, and it is inconceivable that the US can close its trade gap on military sales alone. But instead of addressing the reserve currency issue a broad, systemic aproach), there is a beat-up on China (narrow, nibbling-the-edges approach) to float its currency. OK, that may go some way, but even Al Greenspan acknowledges that it will do little to address the trade deficit which the US carries with ALL its major trading partners.
What about if contracts for the purchase of oil, and gas and iron ore and wheat and coal etc. were more and more written in Euros and Yen and Renminbi and Aussie dollars, Swedish krona, Brazilian real, etc? This should greatly reduce the demand for dollars and thereby lower its price in the FX markets. Those countries acquiring an excess of other currencies could then re-invest them in paper assets of the countries of their denomination (providing a capital boost for expansion which would be truly global; providing balance and fairness to the concept of "globalisation"), or exchange them in the currency markets for whatever currency they wanted. In other words, why the Heck in this day and age of instant computation and electronic transfer should we all be dealing with stone-age transactions involving the US dollar?
Is there any merit in this rant or should I go back and read my Economics 101 book? (Or perhaps rewrite the Economics 101 book!)
Cheers
:-)
ViewYesterday's Discussion.
