Loading ...ipso_facto … I Sure Wouldn’t
mind a “moonshot” for a change. Never had one yet but ECU would be a good place to start. Here’s hoping …..
strikerrod
When ECU finally starts to move in the right direction I would guess it will be a true moonshot. Little chance for stragglers to get in.
Cheers
Ok … What’s Going On ….
As soon as I mentioned ECU ….. I got kicked off …. again
As a mental exercise I am going to try to read future
postings on “Dollartent” in the context that JS advises. His comment today was “Is there any further question about what moves gold? It is the dollar and only the dollar. Factors move the dollar, and the dollar moves gold. That is the end of the discussion”
I want to see if I have the mental discipline to read all postings on this site over the next while, even if they are allegedly talking about some inferred or assumed effect of something upon the price of gold, as if the Goldtent poster is really talking about the effect of that something upon the evaluation of the US dollar, the USD index or the Broad Dollar Index. Because, according to JS, if I cant relate the posted comments or analysis to “factors that move the dollar” then the comments are irrelevant to the price of gold.
This isnt going to be easy but I will try to see what I can learn from Dollartent postings. Here’s hoping for clearer insights, as I look at everything as to whether or not it is a factor that moves the dollar. Cheers. Equiz.
The Silver Trendline
Has been breached to the upside in Asia. It is right on schedule but the stochastic is so embedded it could go higher from here. If so I’ll have to throw this chart in the trash and start over:
We are very early. But silver has been stronger for the last two years. Pull back to 18ish could still happen. Three days above $19 and it all over. Wow. This is unbelievable.
Silver Acting Like The Energizer Bunny
Currently @ 19:23 ….. just keeps on a going & a going ….
old-timer your 17:57 on IMF gold sales is important
The tent with a few letters and calls could stop this! My understanding is it takes an 85% approval which is almost impossible! Why not put our weight behind an effort to stop it? It would be a good oppertunity to educate a few Congressmen about Gold and how the IMF et al are suppressing the gold price to hide inflation and mis-management of economy. Deadeye
The U.S. Treasury, in a policy reversal, backed an International Monetary Fund plan to sell some of the lender’s $98 billion in gold reserves to help make up for a decline in revenue.
“The United States will help ensure that the IMF has adequate resources to fulfill its vital global mission by seeking authority from Congress for a limited sale of IMF gold,” David McCormick, the Treasury’s undersecretary for international affairs, said in a speech at the Peterson Institute for International Economics in Washington.
The Bush administration supports sales of as much as 12.9 million ounces recommended by an advisory group headed by Andrew Crockett, former head of the Bank of International Settlements, to set up a fund to cover anticipated losses at the IMF, McCormick told reporters. Such an endowment “will provide a basis for sound and sustainable IMF finances,” McCormick said.
(Old_Timer) 17:57
“FWIW, here’s a link to an interesting comment from R Ackerman about the proposed IMF gold sales:”
BTW
Scroll to the bottom of the solari page to see the top 20 contibutors to each of the candidates’ campaigns. Lots more in the side bars etc.
Grin & strikerrod @ 21:00 pm;
I was visiting friends up north when we heard about the blackout back then.
We have had electricity for about a century; few remember how it was before it appeared. Poor South Africa is learning all over again. Sinclair summed it up well imo. I’ve done some winter camping, so have some idea about it.
I think for me the hardest part of doing the emergency planning, as the Canadian gov would like us to do, is actually thinking that such an emergency could develop. And yet I know that we had the ice storm that denied electricity to Montreal and much east of me for about a week during winter a few years ago. Some people I know just huddled around their fireplace in blankets. And during the day the family went to the husband’s office, as his company had generators and a warm cafetria.
One of my favourite sites: this site has links to other important sites, such as Sinclair’s.
From today’s pages:
Securities Certificates
February 26, 2008 at 1:32 pm · Filed under Top Picks
A network member reports that their broker says that their right to
obtain certificates ends on March 13, 2008.
We can’t find the final proclamation, but here is what came up on at search at the Securities Industry and Financial Markets Association.
eeos @ 21:16 pm - didn’t you hear?
All problems were solved last Friday at 3:30est - banks, builders, brokers, everything is OK for the future - IBM buying stock back - PARTY ON!
Grin @ 21:15 …. Your Right …
Had it sent to me tonight by my cousin who has a cottage up at Port Severn …. thought it might have been one of them that got lucky …. but they just got it in an e-mail too …. man what a fish …. must go 40 lbs. The “bait” had to be at least 6 lbs. or better.
There’s still plenty o’ plenty of foolish people in real estate
“The 298-square-foot condos in the Moda project now under way in Seattle’s trendy Belltown neighborhood near downtown sold out in one week, mainly because of their $150,000 price tag.”
….okay, so let’s see, there are still fools out there willing to pay $500 a square foot for a shoebox condo! Those folks can be the sacrificial lambs lying on the railroad tracks. Life is good if you own Gold and Silver….but I’ll be passing on real estate for a while.