Home Gold Primer Q&A Daily Market Report Gold IRA Gold Coin Prices Charts Stats Essays Site Overview High Net Worth How to Buy Gold Live Gold Price Breaking Gold News Mobile Gold Price Gold Coin Images About Us-Contact Search Video Round Tables

Welcome to the USAGOLD Gold Discussion Archives. The archives of this gold discussion forum are a treasure trove of information to educate investors about protecting their wealth through portfolio diversification with private gold ownership. The discussion forum also covers the wider issues of the past, present, and future role of gold in international monetary policy and the dynamics of the modern gold markets...   (Discussion Forum Hall of Fame) (The Gold Trail) ("Thoughts!" by ANOTHER)   The opinions posted by all guests are expressly their own and do not necessarily represent the views of the management or staff of USAGOLD - Centennial Precious Metals. The hosting of the public discussion shall therefore not be construed as an endorsement by USAGOLD - Centennial Precious Metals of any of the opinions posted here.

FORUM ARCHIVES

Select date of the archive you wish to view Month 1 2 3 4 5 6 7 8 9 10 11 12 Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Archives date back to September 22, 1998

WELCOME TO THE ARCHIVES!

ARCHIVED DISCUSSION FROM 7/4/2006
All times are U.S. Mountain Time

(Yesterday's Discussion.)

melda laure (7/4/06; 23:41:08MT - usagold.com msg#: 145767)
Isilenno, sir GF, to the moon.
http://www.dailyreckoning.com/Writers/Mogambo/DREssays/MG062706.html
I wonder if Pyongyang mission control had "a problem" or if the russians used some of that tesla magic? We will never know.

I think it was Mogambo who said he could no longer bear to watch Bernanke, it was so much theater of the absurd. Richard Doughty refers to his rants as "an avocational exercise to heap disrespect on those who desperately deserve it." Though it is probably a bit over the top for these august proceedings, (at least while we are sober).

Zimbabwe, here we come. Whatever reputation Mugabe had is going south with the value of his paper, soon he may not even be able to buy protection.

Goldendome (7/4/06; 23:24:23MT - usagold.com msg#: 145766)
Rockets red glare.
North Korea assists the U.S. in celebrating the Fourth of July by test firing a number of their missiles over the Sea of Japan.


GOLD FINGER (7/4/06; 18:26:08MT - usagold.com msg#: 145765)
POW!

I am not sure what I want to watch more....all the fire works or the POG chart showing gold's continued upward gains.

Maybe with all the independence news it will "sky rocket" past 725. After all the US did get the shuttle up and the North Korean's missed their target (??).

So who do I call to place my order when everyone is home enjoying Hot Dogs??






Goldilox (7/4/06; 17:31:44MT - usagold.com msg#: 145764)
Excellent transcription
@ melda laure,

Nice Eubonics transcripshun. You obviously "know what U is!"

It's not nice to insult da Tipper dureen de CONgreshonul testi-moneys!

"Mrs. Gore, perhaps you wouldn't need "warning labels" on your children's music if you stayed home once in a while and listened to it with them!" LOL

Sad state of affairs in Washingdumb, indeed.

melda laure (7/4/06; 16:00:38MT - usagold.com msg#: 145763)
God help us, we are going to need a scapegoat.
http://pm.gc.ca/includes/send_friend_eMail_print.asp?URL=/eng/media.asp&id=1085&langFlg=e
Ya auta yeste? That's right, fresh blood and lots of it. The mechica were unjustly called savages, for they knew that huzilipochtli said "both the tree of tyranny and the tree of liberty are watered with blood." Alas it proved only too true when at last wisdom failed. Yet not many years later, another nation was given the same truth, when Findecarnil said much the same though in other words.

Already the new iraqi government suspect that to kill the tree they must stop watering it, an idea not popular in growth obsessed Washington.

Which tree do we tend?



Goldendome (7/4/06; 15:09:36MT - usagold.com msg#: 145762)
The movie Syriana is now out on DVD.
A worthwhile film (IMO) if you have some relaxation time in front of the TV out of the heat, to spend this 4th.

A film filled with political intrigue...parties playing multiple sides of the mid-east oil and political scene.

I'm watching it for the second time this afternoon. Too many players, with multiple loyalties to catch all the levels of deceit and sellouts, the first time through.

Highly recommend!

melda laure (7/4/06; 14:54:18MT - usagold.com msg#: 145761)
the forum is quiet, the ants are busy
http://www.whatreallyhappened.com/ARTICLE2/doodoo.html
Begin (mamified rant=1, 0);
{

3) Rook and Bishop elope and set up dey own chessbo'ad. Yessum! Dat qwite de massif improovlence dawrlin' Looks like you got some low rent howsin' in a one dimensional nativity box on U own carribean island.

Done passed up de masht po-tatoes and set up U own countrey. You'll all be printin' u own dollar mess pretty soom! Now de sh-- dey doin' dowm in Washingtum, dey jus' looks out fo' numbah one. 'n numbah one aint you, why you aint even numbah two! Well ah herd dat sum sheik hav bought new jersey las' week, an you sukkahs got so much nuthin'

} ;

Ah me! That's quite enough of that! Poor Zappa, that's what you get for telling the truth. Sir TIH, at least if you are wrong perhaps it will be the invisible one that gets burned. If we get a reprieve on the 18th this little ant will celebrate and continue picking up those yellow grains.

Sir 'Lox, there isnt any misunderstanding with Morales: it is grandstanding or browbeating. The little man refuses to be a good indian and bow down to wall street, Paul Kruger would no doubt say "but its OUR COUNTRY you want!" yes? How sad. Amusing also that mr DeVeer is a "realist" as he does not have the 101'st and the 3ID to back him up. How pathetic, I've seen better behaviour on many a playground, but then again they play for bigger stakes here.

Manke tanya tuula? Let's uncork it and see if its any good.

USAGOLD / Centennial Precious Metals, Inc. (7/4/06; 11:56:04MT - usagold.com msg#: 145760)
A world of gold at your fingertips...
http://www.usagold.com/buy-gold-coins.html





Goldilox (7/4/06; 10:25:51MT - usagold.com msg#: 145759)
Gold as wealth
@ TIH,

"There's a transition happening whereby gold is no
more seen as money but as a wealth reserve."

As Frank Zappa would have said, your subtle transition is "the crux of the bisquit".

This difference becomes crucial when (debt-based) money teeters on the edge of "losing credibility". Gold can be "money" and "valued barter commodity", a duality FIAT is unable to maintain in troubled times.

P.S. Don't know about your translations, as my bilingual skills pale in comparison to yours, but your English has been clear and concise. Thanks.

The Invisible Hand (7/4/06; 04:37:37MT - usagold.com msg#: 145758)
History happening before our eyes
The imbeciles are continuing to dematerialise,
paperise, more and more assets.
This is the ultimate perversion of gamblers on price
fluctuations without any tangible (physical)
transactions.

The UAE and other Arabs, the Chinese, the Russians,
the Indians, the EU-ers and others are gradually switching into gold-mode.

This is a real transition (gold wealth reserve)
which is happening as my finger is struggling with the
keyboard.

Gold DISCONNECTED from money, disconnected from the
(rijks-)daalder, euhr dollar.

Gold is no longer a hedge, but wealth. Thus the
arch-enemy of the dollar wealth which is determined
by the US of A dollar regime.

Yhrough marking their gold reserves to market prices,
the Middle-East, Russia, India and Europe are
confirming that they want their wealth confirmed in
Freegold, and not destroyed by the continually
devaluing/eroding dollar unit.

Freegold means the castration of the infantilly
conceited dollar regime and its supporters.
Yes, this is painful.
For a certain powerful lobby in the US of A, it must
be even more painfail to be taught this lesson by
Arabs.
This must be even more painful for them than the
halving of the gold price.

Neither do the Chinese want to be told by the
neocon cowboys what to do.

The Sultan is even alluding on/to the "appropriate"
purchasing price AND timing.
He's very accommodative for/to the US of A and its
greenback.
He is thereby suggesting that the bombing of the
price of gold is non nonsensical because Arabian oil money
is buying gold
ARAB OIL MONEY IS SWITCHING INTO GOLD GRADUALLY !
Ja watte!

There's a transition happening whereby gold is no
more seen as money but as a wealth reserve.

Inch'Allah!

Das Geschehen an den Finanzmaerkten ist in seiner
Bedeutung nicht auf den Finanzbereich beschraenkt.
Es hat zuallererst natuerlich erheblichen Einfluss auf
die Wirtdchaft, aber sebstverstaendlich auch auf die
Politik und damit, auf manchmal sehr verschlungenen
Wegen, auf das gesamte Gesellschaftssystem.
Kurzum: Das Geschehen an den Finanzmaerkten beeeinflusst den
Gang der Geschichte.
Roland Leuschel and Claus Vogt
Note to would-be Dolmaetchen/r: I am still in a
internet cafe and I cannot guarantee that I copied the
German correctly. My English must be even more awful
than usual. But I can't wait to arrive home. July 18
is only 14 days away. I again put my hand in fire for
that day. Which hand is for you decide.

Goldilox (7/4/06; 02:59:33MT - usagold.com msg#: 145757)
OT - Senator downloads Internet
http://www.prisonplanet.com/articles/july2006/030706downloadsinternet.htm
snip:

A US senator who is one the ringleaders against 'net neutrality' provisions in recent US telecom laws has claimed that he had to do so because the Internet was too slow when he downloaded it.

Senator Ted Stevens who is a Republican from Alaska in a committee transcipt printed by Wired, here, complained that the Internet was sent to him by his staff at 10 o'clock in the morning on Friday, but it took days for him to get it.

He said that it was because "it got tangled up with all these things going on the internet commercially".

"We aren't earning anything by going on that internet. Now I'm not saying you have to or you want to discriminate against those people," he said cryptically.

Stevens said that the regulatory approach was wrong because it claimed that "no one can charge anyone for massively invading this world of the internet".

He said it was important that people understood his position and we agree. He claimed that those who favoured net neutrality wanted to deliver vast amounts of information over the internet. But, he said "the internet is not something you just dump something on. It's not a truck" no sir, "It's a series of tubes", he said sagely.

Just in case you did not get the metaphor he went on to comment that those tubes can be filled.

"If they are filled, when you put your message in, it gets in line and its going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material," he explained.

Stevens seemed to be getting hot under the collar by this point and said some even more technological things including:

"We have a separate Department of Defense internet now, did you know that? Because they have to have theirs delivered immediately. They can't afford getting delayed by other people."

It is that level of technical expertise that gets you to be the chairman of the Commerce, Science and Transportation Committee. It also means that you get to have those nice people from the telco's lobby groups explain the issues to you nice and simply.

-Goldilox

After suffering years of Nodoze in IEEE network and security discussions (we called the plenary sessions 'CSPAN dress rehearsals'), I think that for the "Chair" of the communications committee to be so blatantly ignorant of a major subject of his legislative focus is unconscionable. My experience with government and the Internet is that they are often too challenged by security risks and "protocol change" to even use the computers the tax-payers have procured for them - at great expense.

It's no wonder they want their corporate "sponsors" to dictate "usage rules" to them.

Goldilox (7/4/06; 02:34:32MT - usagold.com msg#: 145756)
Ant colonies on the global chess board
@ Flatliner,

Your "ant colony" analogy makes for some interesting speculation, as it offers potential individual solutions to two opposing end-games.

1) the demise of globalism and feudal control
2) personal insurance during success of globalism and further demise of nationalism.

1) bishop takes queen, check
2) rook takes bishop, out of check

but in either case, invariably, "king rooks pawns".

Goldilox (7/4/06; 02:21:57MT - usagold.com msg#: 145755)
Realities and Myths of International Tensions
http://globalresearch.ca/index.php?context=viewArticle&code=PET20060604&articleId=2573
snip:

There are great many misunderstandings and confusion both on the Right and Left regarding the nature of the conflicts between Latin American nationalists and US/EU states and multi-national corporations. The first point of clarification is over the nature of the nationalist measures adopted by President Chavez of Venezuela and President Morales of Bolivia. Both regimes have not abolished most of the essential elements of capitalist production, namely private profits, foreign ownership, profit repatriation, market access or supply of gas, energy or other primary goods, nor have they outlawed future foreign investments.

In fact Venezuela's huge Orinoco heavy oil fields, the richest reserves of oil in the world, are still owned by foreign capital. The controversy over President Chavez' radical economic measures revolves around a tax and royalty increase from less than 15% to 33% - a rate which is still below what is paid by oil companies in Canada, the Middle East and Africa. What produced the stream of vitriolic froth from the US and British media (Wall Street Journal, Financial Times, etc) was not a comparative analysis of contemporary tax and royalty rates, but a retrospective comparison to the virtually tax-free past. In fact Chavez and Morales are merely modernizing and updating petrol-nation state relations to present world standards; in a sense they are normalizing regulatory relations in the face of exceptional or windfall profits, resulting from corrupt agreements with complicit state executive officials. The harsh reaction of the US and EU governments and their energy MNCs is a result of having become habituated to thinking that exceptional privileges were the norm of 'capitalist development' rather than the result of venal officials. As a result they resisted the normalization of capitalist relations in Venezuela and Bolivia in which state-private joint ventures and profit sharing , common to most other countries. It is not surprising that the president of Royal Dutch Shell, Jeroen van der Veer, advised his oil colleagues that the nationalist position of oil rich countries and their redrawing of contracts is a "new reality" that international energy companies have to accept. Van der Veer, the realist, puts the nationalist reforms in perspective: "In Venezuela we were one of the first to renegotiate. Under the circumstances we are quite satisfied we can work our future there. We have harmony with the government, which is very important. In Bolivia, I assume we will come to a solution" (Financial Times, May 13, 2006 page 9). Likewise Pan Andean Resources (PAR), an Irish gas and energy company stated it could successfully operate in Bolivia following Morales "nationalization" declaration. David Horgan, President of PAR, in justifying a joint venture in gas with the Bolivians, stated, "We don't really care what precedents it (PAR's gas agreement with the Bolivian state) sets. What the majors (big oil companies) see as a problem, we see as an opportunity" (Financial Times, May 13, 2006).

In fact in Bolivia on May 29, 2006, the Morales government announced the winning bid to the world's biggest private mining companies competing to exploit state-owned Mutun with 40 billion tons of iron ore. The new terms of the Bolivian government as outlined by its principle ideologue, Vice President Linera, provides judicial and stable guarantees for all investments, in exchange for a profit sharing and joint management schemes. Clearly the big mining corporations are part of the "realist" school of reaping big profits of strategic high-prices raw materials in exchange for paying higher taxes and including Bolivian technocrats in their management team.

The major points of conflict are not capitalism's aversion to socialism, nor even private ownership versus nationalization of property, let alone social revolution leading to an egalitarian society. The major conflicts are over: 1) Increases in taxation, prices and royalty payments, 2) the conversion of firms to joint ventures, 3) representation on corporate boards of directors, 4) distribution of shareholdings between foreign appointed and state-appointed executives, 5) the legal right to revise contracts, 6) compensation payments for presumed assets and 7) management of distribution and export sales.

These proposed regulations and reforms may increase state reserves and influence but none of these points of conflict involve a revolutionary transformation of property or social relations of production. The proposed changes are reforms, which resonate with the policies undertaken by European social democratic parties between 1946 and the 1960s and by most of the world's oil producing countries in the 1970's, including Arab monarchies and Islamic and secular republics. In fact earlier political regimes in both Venezuela (1976) and Bolivia (1952 and 1968) took far more radical measures in nationalizing petroleum and other mining sectors.

Venezuela has increased royalty and tax payments of international petroleum companies because they were far below global levels. Except for a few smaller operations which refused the new rules of the game and were expropriated, none of the biggest firms were seized, nor were worker-employer relations altered in the (PVDSA) state firm or in any of the foreign companies. Their conventional vertical structures remain intact as many rank and file trade unionists complain. Over the past three years all the major US/EU petrol firms operating in Venezuela have been earning record profits exceeding their historical highs by several billion (Euros or dollars). Bolivarian revolutionary discourses notwithstanding, none of the oil majors has indicated any intention of abandoning lucrative arrangements with the Venezuelan state, despite the heated rhetorical ejaculations from Washington or Brussels.

The US and EU conflict with Venezuela is over politics and ideology as much as it is over the power and profits of their oil companies. They object that Venezuela's mixed economy, higher tax model will replace the de-regulated, low tax, privatization and denationalization model prevalent in Latin America since the 1970's and currently being promoted elsewhere (Libya, Iraq, Indonesia, Brazil and Mexico). The key problem is that President Chavez, operating from a strong national economic and political base, resulting from the added oil resources, has argued for greater regional integration - free of US/EU domination. This has angered Washington and Brussels, as they fear that greater Latin American integration may limit future market and investment penetration. In world politics Chavez' embrace and defense of self-determination of all nations, has put him in opposition to the US military intervention in Iraq, US/EU occupation of Afghanistan and their joint war threats against Iran. Chavez' position is in part due to US involvement in a failed military coup in his country in 2002.

In summary, the conflict is between democratically elected nationalist leaders supporting a mixed economy to finance social welfare against the US and EU empire building, interventionist policies intent on preserving the "Golden Age" of pillage of unregulated privatized economies and their privileged excessively low tax payments in exploiting energy resources.

-Goldilox

It's interesting that groups demanding access to the profits of their indigenous resoucres are branded "Leftist", while those demanding feudal ownership of the assets are labeled "Free Market". My guess is that the stereotypes all originate in the allegiences of the authors, while the real battle that continues unabated is the "haves" vs. the "have-nots", be they of foreign or local origin.

Topaz (7/4/06; 02:03:33MT - usagold.com msg#: 145754)
@Fekete.
http://www.crbtrader.com/data/default.asp?page=quote&sym=SIH6&mode=d
Hadn't seen his latest Melda, spot on imo ...tks.
Silver is toying with backwardation at present ...and if they'd update the Comex Page, I'm sure we'd see quite the flurry in the Warehouse for July Ag deliveries.

I'm not convinced Commodities will START the rout ...I KNOW they'll finish it though.

Goldilox (7/4/06; 01:57:33MT - usagold.com msg#: 145753)
The US Federal Reserve Bank: Dirty Secrets of the Temple
http://globalresearch.ca/index.php?context=viewArticle&code=LEN20060701&articleId=2712
snip:

Our Founding Fathers Had Different Ideas Than the Powerful Men who Met on Jekyll Island

Throughout our history, there was disagreement over who should control the power of the nation's money supply and the right to issue it. The Founding Fathers understood that the British Parliament was forced to levy unfair taxes on its American colonies and its own citizens because the Bank of England had run up so much debt the government needed revenue to reduce it. Benjamin Franklin, in fact, believed that was the real cause of the American Revolution. Most of the Founders also understood the danger that could result from bankers' accumulating too much wealth and power. James Madison, the main drafter of our Constitution, called them "Money Changers," referring to the Bible that said Jesus twice drove the Money Changers from the Temple in Jerusalem 2,000 years ago. Madison said:

"History records that the Money Changers have used every form of abuse, intrigue, deceit and violent means possible to maintain their control over governments by controlling money and its issuance."

Thomas Jefferson was just as strong in his condemnation when he said:

"I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs."

Jefferson and Madison understood the dangers of commercial monopolies of all types and tried to assure they never would exist in the new nation. They, in fact, wanted two additional amendments added to the "Bill of Rights" in the Constitution but never got them. They believed to protect the liberty of the people the nation should have "freedom from monopolies in commerce" (what are now giant corporations including the big international banks and Wall Street investment firms) and "freedom from a permanent military," or standing armies. Try to imagine what the country would be like today if Jefferson and Madison had gotten their way - a country without giant predatory corporations exploiting everyone for profit and without a rampaging military waging war on the world, threatening to destroy it, and doing it so those corporate giants could earn even greater profits.

They never did, of course, and the people have paid dearly ever since including the great harm caused because the government relinquished its right to control the nation's money supply. It gave it away secretly with the public none the wiser, never knowing how greatly it's been harmed. It's been even worse since the 1980s because the power of the Fed grew under a friendly Republican president, and the corporate media led cheerleading for it hid the effect. For them, no public demeaning of it, its giant member banks or Wall Street allies is allowed.

Things were especially out of hand during the tenure of Alan Greenspan - a Fed chairman no one should have found much reason to cheer either before he headed the Fed when he was a presidential advisor or during the time he did. It was only after his economic consulting firm failed that he went into government service likely because he needed a new line of work. There he managed to become a larger than life seer of central banking who was elevated to near sainthood by the business pundits who thought under his tenure the skies were only blue and the few clouds in sight always had silver linings. Now Alan is retired to the greener pastures of lucrative book contracts and speaking engagements, which shows when you do your job well for the rich and powerful (at the expense of the rest of us) who gave it to you, you'll be well rewarded in the end. It's likely the new Fed chairman has taken note and will dutifully try to follow in the tradition that preceded him.

But try imagining a different sort of Fed chairman, one who knew, believed in and practiced the words and wisdom of another American president of some note - Abraham Lincoln. In 1886 Lincoln said the following: "The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarch, more insolent than autocracy and more selfish than a bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at the rear is my greatest foe."

Lincoln also appears to have said (although some dispute it): "I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country.....corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed." Imagine what Lincoln might say today.

Given Lincoln's sentiment about the bankers and money power of the country, it would seem to beg the obvious question: did it play a role in, or was it the reason for, his untimely death at the hands of John Wilkes Booth? The international bankers clearly disliked Lincoln after he managed to get the Congress to pass the Legal Tender Act in 1862 that empowered the US Treasury to issue paper money called "greenbacks." Lincoln needed this legislation after he declined to pay the bankers the usurious 24 - 36% interest rates they demanded on the loans he needed to fund his war with the South. With the new banking law, Lincoln was then able to print up the millions of dollars he needed which was debt and interest free. Clearly this was not what the greedy bankers wanted as they can only profit when they get their pound of flesh from financial transactions they control. Right after the war ended Lincoln was assassinated, and shortly thereafter the so-called Greenback law was rescinded, a new national banking act was passed, and all money became interesting-bearing again.

-Goldilox

From a well-written synopsis of FED and CB history, not unlike "Money Masters", or "Wizards of Money" in content. Focused on the behind-the-scenes nature of CB political dabbling.

Knallgold (7/4/06; 01:54:40MT - usagold.com msg#: 145752)
ANOTHER threatens to buy Gold
http://www.thestandard.com.hk/news_detail.asp?pp_cat=22&art_id=22112&sid=8690191&con_type=1
"China should take advantage of any weakness in bullion prices to build up its official gold holdings as part of a strategy for diversifying its foreign exchange reserves, a senior government economist said Monday."

KG:A possible take on the UAE Sino messages:deliver Gold or we will go the physical spot market!



melda laure (7/4/06; 00:55:41MT - usagold.com msg#: 145751)
vinye cermie kintai
http://rapidfire.sci.gsfc.nasa.gov/realtime/single.php?2006184/crefl1_143.A2006184185501-2006184190000.250m.jpg
View the economy from on high...

melda laure (7/4/06; 00:21:35MT - usagold.com msg#: 145750)
Hisenno! Into the fog.
http://www.financialsense.com/editorials/fekete/2006/0511.html
I would guess the UAE statement implies a threat to intervene in the physical markets if the price falls any further. Yes, sir Flatliner, "Too expensive" may mean the consequences are too great at present, but perhaps when freefall commences the consequences become moot and they w ill no longer stay their hand. Given the enormous paperization of the commodities exchanges, a "fall" is quite likely at some point as the buyers wise up and walk away.

Dr Feteke spoke of the "last contago" a while back, and more recently on the "disappearing basis". We now have a flat yield curve, perhaps soon, a flat AU futures? Unfortunately with all the paperization both in comex and on other lease markets, I am somewhat confused as to how one constructs POG basis without any trustworthy prices!

Thus perhaps the UAE is the only sort of clue we may get.

Yallume! It seems hard to belive we are at the threshold at last, sir TIH, but there it is: game over, clear the chessboard and lay out the pieces anew. One minor comment regarding Sir Boilermaker's concern over 9/11 Part Deux: it is likely that Mr Bin Laden will wait until the dollar markets are in freefall before any new fireworks shows- that is just a guess. The first event took place when the markets were in virtual free fall. This would seem reasonable- even if you are of the "9/11 was staged" persuasion for it is plain that synchronised disasters always make for bigger headlines.

The derivatives monster will work, until those operating it pull the levers in a new direction, sir Flatliner, it will be interesting to see what notional amount is needed to redirect a tanker to one's home port: zero supply, infinite demand.

Tanya farnuve, enough, what next year's day of independence will bring the passing days alone will reveal, it is no different now than it was on those sultry days in '76, it is the sort of weather that makes you want to check the sharpness of your blade or the condition of one's pantry. The orclings are celebrating early, although fireworks are illegal here! At least someone still ignores authority.




ViewYesterday's Discussion.

Permission to reprint is hereby granted where the USAGOLD name is cited along with our web address, mailing address and phone number. For electronic reproductions, citing the post heading and the http://www.usagold.com/cpmforum/ website address as the source is sufficient.

Thursday February 9
website support: sitemaster@usagold.com
Site Map - Privacy- Disclaimer
The USAGOLD logo and stylized gold coin pile are trademarks of Michael J. Kosares.
© 1997-2012 Michael J. Kosares / USAGOLD All Rights Reserved