ment
Do I take it correctly that you don’t put much merit in the 10sec. gold chart? If not is there something else I should be studying?
Do I take it correctly that you don’t put much merit in the 10sec. gold chart? If not is there something else I should be studying?
Right. Amazing what we will do to survive and what the right training prepares us for. Best to you and I’m out of here for tonight.
adrian douglas
Credit Suisse analyst David Davis said in a note yesterday.
He wrote that global gold production will fall in the coming years, as the diminishing number of new reserves fails to compensate for dying mines.
“We find that over the last 18 years, apart from on three occasions, the supply of gold has been in deficit. This primary deficit has been masked by the secondary supply of gold into the market mainly from central bank sales. We believe central bank sales will wither going forward and the banks could become net buyers of gold.”
this is what the ment had to say four years ago.. that banks and governments will be buyers of gold as it hits 1500,, and many are still nickle and dime-in it on the shares on the mistaken belief that by trading more you make more. . hog wash.
silly putty lol//
Have a good evening farmboy, good to see you posting on a regular basis again
Night, and MOggy and Y2K….it was great to see you posting again.
Best to all, Farmboy, who says, it cant hurt to say your prayers, Irish can use all the backup he can get.
Sounds like you will have some time to spend around the pot belly stove this winter. A good chance to pause, reflect, and formulate plans. Will be joining you over the winter months. And look forward to reading your thoughts.
Yeah, I think the time to make ‘life changing choices’ is near at hand. And I think there are more than just a few, who share similar concerns, who oft agonize in the quiet hours, over how best to continue on. Seems, the easy choices, are long gone. I have found myself, the hard part has been due to the ‘emotional’ attachments, to a Country…that has left long ago. I find, in my own case, once I can channel my thinking into the ‘old days’, where emotion was not much of a part of what had to be done….the future path does indeed seem a little more clear.
“Jump, or burn”….I remember still, the fear, and having to act out of more ‘training and conditioning’, than emotion, or perhaps, even common sense. The will to survive, to endure, to overcome….can sometimes be a great motivator, and an inspiration. Even if only appreciated when viewed in retrospect.
Here’s a thought this evening….Aint no way we gettin out of this alive anyway…so might as well have a good time, and go out on full auto. (grin)
Best to you, and Dani…and to getting those ‘replacement parts’. Figure, as long as they can keep ‘rebuilding us’, we will just keep on truckin. Farmboy
Does that make you one of “them”, or do you reside outside US?
Le Metropole Members,
Ron Paul revolution makes Time magazine
Submitted by cpowell on 06:23PM ET Thursday, November 1, 2007. Section: Daily Dispatches
By Joel Stein
Time magazine
Thursday, November 1, 2007
www.time.com/time/politics/article/0,8599,1678661,00.html?xid=feed-yahoo-full-nation
It sometimes seems as if someone is playing a cruel practical joke on Ron Paul.
He goes to a college and delivers the same speech he’s given for the past 30 years of his political career, the one espousing the Austrian school of economics. Only now the audience is packed with hundreds of kids in “Ron Paul Revolution” T-shirts who go nuts — giving standing ovations when he drones on about getting rid of the Federal Reserve and returning to the gold standard. After a speech at Iowa State last month, when nearly half the crowd had to stand because there were only 400 seats, a hipster-looking student worked his way through the half-hour-long line to shake Paul’s hand. This was surely it — the moment when the straight faces would break and Paul would be wedgied up the flagpole. “When you see Bernanke,” the kid said, “will you tell him to stop cutting rates when gold hits $1,000?”
Politics might be rock ‘n’ roll for nerds, but the nerds aren’t supposed to be quite this nerdy. The leader of the disaffected in next year’s presidential election — the Howard Dean, the Ross Perot, the Pat Buchanan — is a kindly great-grandfather and obstetrician whose passion is monetary policy. Paul, a 72-year-old hard-core libertarian Republican congressman who is against foreign intervention, subsidies, and the federal income tax, is not only drawing impressive crowds (more than 2,000 at a post-debate rally at the University of Michigan last month) but also raising tons of cash. In the third quarter of 2007, Paul took in $5.3 million (just slightly less than Republican rival John McCain), mostly in small, individual donations. On Oct. 22 he aired his first TV ads, $1.1 million worth in New Hampshire.
The numbers are even more impressive considering that as of early October, 72% of Republican voters told Gallup pollsters they didn’t know enough about Paul to form an opinion. He has been able to attract followers in the debates, where he has presented a clear, simple philosophy of personal freedom and responsibility. He bluntly refers to the United States as an empire. And the nerdiness lends Paul’s simple message an aura of credibility, especially on a stage with more polished politicians and their nuanced positions.
“He’s about something that American nerd culture can get on board with: really knowing one subject and going all out on it,” says Ben Darrington, a Ron Paul supporter at Yale. “For some people it’s ‘Star Wars.’ For some people it’s Japanese cartoons. For Ron Paul it’s free-market commodity money.”
The libertarian’s traction is most apparent on the Internet, where his presence far outstrips that of any candidate from either party. His name is the most searched, his YouTube videos the most watched, his campaign the topic of songs by at least 14 bands.
“The last thing I would listen to is rap,” Paul says. “But there’s something going on when there’s a rap song about the Fed.”
On Tuesday, both Paul and Tom Cruise were guests on the Tonight Show with Jay Leno. The actor went to Paul’s dressing room to thank him for his work on a bill fighting the forced mental screening of grade-school kids. “Go. Go. Go. Go hard,” Cruise said. Paul turned to an aide and asked, “What movies has he been in?”
Paul’s fans — and there were more than 100 of them in Leno’s audience, many of whom had flown in from out of town — are entranced by a man who responds to surprising information with “Wowee” and a jaw-dropped smile not often seen apart from 5-year-old boys and Muppets.
“It’s the message. Ron isn’t that exciting as himself,” says Andre Marrou, who was Paul’s running mate when he ran as a Libertarian in 1988. “I saw him referred to in print as semi-eccentric. He’s maybe 10% eccentric. It’s his ideas that are eccentric. But it’s basic Americanism.”
Paul is such a strict constructionist that he autographs pocket Constitutions more often than Tommy Lee signs breasts.
But Paul’s popularity can’t necessarily be explained by a previously undetected craving for gold-standard debates on college campuses. His message, even if packaged in obscure economic lectures, is that there is something very corrupt, very Halliburton-Blackwatery going on with our military-industrial complex, and that can attract some pretty weird followers.
At the Iowa State event, a student stood outside in a tricornered hat and Revolutionary Warâ??era suit, ringing a bell. U.S. Rep. Tom Tancredo, another long-shot Republican candidate, tells me that after a debate in New Hampshire, one of his staffers walked up to a guy in a shark costume and asked him if he was a Ron Paul supporter. “No. They’re all nuts,” replied the shark. “I’m just a guy in a shark suit.”
There is a subset of Paul supporters who believe 9/11 was an inside job by the U.S. government. And there are anarchists as well: They’ve picked Nov. 5, Guy Fawkes Day, for a fund-raising drive.
“His supporters are the equivalent of crabgrass,” says Republican consultant Frank Luntz. “It’s not the grass you want, and it spreads faster than the real stuff. They just like him because he’s the most anti-Establishment of all the candidates, the most likely to look at the camera during the debates and say, ‘Hey, Washington, —- you.’”
The one place Paul hasn’t become a major player is where it counts: in the polls, where he hasn’t broken above 5% and has yet to pass Mike Huckabee. Paul realizes he’s not a favorite among the pro-war, pro-Bush Republicans. “A lot of times at my rally, I say, ‘We’re diverse. We even have some Republicans,’” he jokes. (His largest Meetup.com group gathers in liberal Austin, Texas; another sizable one is in San Francisco.) And he isn’t sure where all this sudden support will lead.
Paul doesn’t expect that he will win the nomination, and he has no interest in running as an independent again. But he also doesn’t see himself endorsing one of the other Republicans in the general election. “Those people who support me wouldn’t believe it,” he says. “If I said, ‘Giuliani’s a great guy and he’ll reduce subsidies and bring the troops home’? I couldn’t do that.” Even nerd revolutions don’t surrender.
* * *
Well, brother, have not talked with you for awhile. These past couple of weeks been really busy trying to get several construction projects complete by deadlines and get some of those Federal Reserve Notes from the bank to buy more barberous relic. Five am comes early and going 7 days aweek is rough on this old man. Dani and I are talking more about the great escape to southern climes and think I have her convinced that it may be our only hope for a reasonably comfortable and relatively stress free future. I do not want to leave my country, but in these times we must be flexible and (like Peter Faulk in the “In Laws”) serpentine…great flick. I will write more when time permits. I will have some time to relax,think and rehab after upcoming knee replacement..it was jump or burn.
Later. Sinbad
Just remember margins have not been raised for awhile–They want this gold market higher Lets don’t kid ourselves. nymex.mediaroom.com/index.php?s=43&item=1663