Safe Travels, Tenters

Looking forward to seeing many of you in Tottsville. Little does the Best Western know that a swarm of gold bugs may soon inhabit their hotel.   :-D   In any case, I will be wearing my TripAdvisor.com hat to intimidate them. Hehehe

@Equisetum @ 20:13 pm on May 15, 2008

Thank you for considering the question.  I might not be online until late Sunday.  Even then may not be enough time for you; I am interested in what you can pull together.

There are a number of side questions or issues, as you can imagine.  One simple one is that as we remove nutrients from the soil each harvest, the soils do experience a loss.  The aggregate of this over time may be important.  So I have been wondering if there had been some studies of this issue.

When people were few, and mainly gatherer/hunters, the soils could provide plenty of high quality vegetation in some places with good soil, water and climate.  Normal accretion would compensate for the light harvesting.

Now that we see intense production I wonder how well the soils can replace what is taken.

I am learning a lot due to my own gardening.  I read and learn about some of the common problems faced by gardeners.  Crop rotation is one solution that is offered.  Yet I wonder how much this really helps.

Good luck with the crowns;

Cheers, TQ

Your Safety and Security

______________________
..
For you FireFox users
www.lockergnome.com/windows/2005/04/06/firefox-security-flaw-reveals-user-information/
______________________

Gordon Clown
Gimmeeee your Gold !!
……… ok
_____________________

To The Gatherers

Drive Safe, Imbibe Responsibly
and have a,, BLAST !!
Be Well ,,
we need you here next week..
______________________

To Anyone
I once had bookmarked a site
that you could invite to attack your
PC as a hacker would.
It would do so and give you
a readout, as to how secure
your PC was on the Web.
Have been Googleing
for hours to refind it,
to no avail,,
Anyone know of such a site ??
TIA
__________________

abtd
__________________

Fullgoldcrown @ 19:09 pm

Forsooth Sir Fully, thou must have been bumped on thy helmet or perhaps imbibed mass quantities of ale.  Twas never anything but the most agreeable jokees passing between AuGirl and myself.  :-)

Dusty

Just hope the road stay’s dry , that will make or break the long ride. Putting the little guy to bed , and tonight i will not be far behind him. All the best CT and Crew

Augirl , see u soon . chas

CT

Wishing you safe travels tomorrow..Looking forward to seeing you again and meeting Mrs CT and CT jr  

FGC

You got e-mail

Cosmic Train…..get some sleep and drive safely!!!!


Gordon Brown: the world’s best contrarian indicator

When Gordon Brown sold half our gold reserves all those years ago, it almost precisely marked the end of the yellow metal’s long bear market.

So it’s fitting that now the UK property boom is well and truly over, he’s decided to go out and buy some houses.

Not many houses right enough – less than a couple of thousand at going rates. The plan is to spend £200m on unsold new-build flats, which would then be rented to low income families, or sold on as shared ownership properties.

This bad idea alone is enough to show that the Government is now in full-blown panic mode and running around the yard like a recently decapitated chicken. But this was just one of a frenzied morass of bad ideas, clearly slung together at the last minute, to try to rescue the country from the inevitable consequences of 11 years of Mr Brown’s ‘prudence’.

That is, complete and utter economic meltdown…

Inflation is out of control

This week, the grim truth about the UK economy really has been dragged kicking and screaming into the light.

Bank of England governor, Mervyn King, didn’t pull any punches in the inflation report yesterday. Mr King, to his credit, has been trying to warn people for a long time that the good days were behind us, and so he feels quite comfortable with being bluntly honest about the UK’s prospects going ahead. It’s a refreshing change from the usual spin-dried fluff and downright lies we get fed by government officials, so ten out of ten to him for that.

Not that it’s a message any of us will be glad to hear. Inflation is out of control, much worse than any City ‘experts’ predicted. It could hit as much as 4% in the coming months – and that’s judging by the rather forgiving Consumer Price Index (CPI) measure.

Figures out yesterday showed that unemployment is rising too, yet so are wage settlements. The housing market is falling off a cliff, with builders reporting massive falls in reservations, and surveyors’ confidence at its lowest point ever recorded.

News from the banking sector keeps getting worse – Bradford & Bingley did a massive U-turn yesterday and admitted that it did need a rights issue after all. It leaves B&B’s credibility (what was left of it) in utter shreds, and also just confirms to investors that they can’t trust a word that any bank says at the moment.

Who knows? We might even go a week without the Sunday supplements running a feature on what good value the banking sector looks just now – though that might be going too far.

Why the government and Bank of England should not intervene

Anyway, with all that bad news, it might not have come as a surprise when Mr King became the first high-profile figure to officially acknowledge that Britain is facing recession. It’s not, he said, “the central projection - but clearly further shocks could push us in that direction.”

And there’s nothing that Mr King thinks he can do about it. “We are travelling along a bumpy road as the economy rebalances. Monetary policy cannot and should not try to prevent that adjustment… we have to be patient.”

Mr King’s advice is sound. Interference in the markets in the form of central bank and government intervention is what brought us to this point. It’s time to stand back and let the cards fall where they will so that we can plan for picking up the pieces once the worst is over.

But patience is a virtue. So it’s inevitable that the Government possesses none. Gordon Brown’s response to the end of his economic ‘miracle’ is to rattle off yet another succession of bills. You’d think he’d realise that the British consumer is sick of bills by now. But no. The man once laughably described as the Iron Chancellor has thrown off all pretence of fiscal competence and is now flinging money he doesn’t have at problems he can’t solve.

Brown is over-spending on unworkable novelty policies

The move to spend £200m on buying unsold homes from builders is a case in point. This is meant to help first-time buyers by expanding shared ownership. Well, first-time buyers don’t need any help. The housing market is in freefall. They’ll soon be able to afford all the houses they want. For those who argue that a 20% fall “would still only take prices to 2004 levels” – well, the answer to that is, clearly house prices will fall further than 20%.

As for the rest, we have more promises to get more people off welfare. Promises for “elected representatives” to fiddle with policing. Promises to get rid of bad teachers and bad schools. Promises for a new banking regulation system to replace the one that failed to stop Northern Rock – a system that Mr Brown himself put in place about ten years ago.

In other words, Mr Brown is doing what he always does. Embarking on a frenzy of micro-management and over-spending on unworkable novelty policies. But this time there’s no more slack in the system to indulge his bureaucratic fantasies. As Edmund Conway puts it in The Telegraph: “The twilight years of Labour governments are always like this: the pound in freefall, the economy sliding towards a possible recession, and the public finances out of control. And the ultimate bill left in the hands of households.”

Just change the ‘possible’ to ‘certain’, and we have a nice summary of the UK’s near-term future.

http://www.moneyweek.com/file/47114/gordon-brown-the-worlds-best-contrarian-indicator.html

CT….Bon Journee…into the great white unknown…..


Equiz..Gold Crowns….good investments

….help you chew for a lifetime ..while you carry your wealth around with you….and you neednt declare it at customs…hehe.

…beter htan a safety deposit box in California !

Pit stop

We are all fueled up , tires good , cooler packed just now , made a bed for the little guy in back seat , and rise and shine by 2:30 and out the door at 3:30 a.m. sharp. This is starting to be like work. Believe it or not i still miss it (work).If all things willing , hope to get in by 1:00 pm. Until then CT . Fully after checking in and a quick shower , will head out to see ya.

P.S. Vic u need nothing , sandwiches , water , soda will be all set. We are ready to run.

TQ (7:04, 12:50) and Aggie. I have seen your postings, and

cannot repond in a meaningful way immediately.  A thoughtful question requires a thoughtful answer.  I appreciate your interest in the earth’s soil mantle that supports humankind’s life system.  Today I had two more teeth (four-six and four-seven, in case FGC is interested) identified for crown work.  So I was more concerned today about my forthcoming $2000 bill for two more gold crowns than I was about soil microbe ecology.  But I shall return to the latter subject as soon as I can assemble a meaningful posting.  Cheers.  Equiz.

Mr. FullGoldCrown

___________________
Was an LOL you Know ..
Changes from the wind ….
LOL
___________________

New Poll

How many years till USA
resembles a Mad Max movie ??
___________________

abtd
and can’t spell LOL

GOT GOLD ???

HARMONY

Harmony Gold Mining Company - Unaudited Pro Forma Financial Effects On   
                        Harmony And Withdrawal Of Cautionary Announcement      
Harmony Gold Mining Company Limited                                            
(Incorporated in the Republic of South Africa)                                 
(Registration number: 1950/038232/06)                                          
Share code: HAR & ISIN: ZAE000015228                                           
(”Harmony”)                                                                    
UNAUDITED PRO FORMA FINANCIAL EFFECTS ON HARMONY AND WITHDRAWAL OF             
CAUTIONARY ANNOUNCEMENT                                                        
1.Introduction                                                                 
Further to the announcement released on SENS on 22 April 2008 wherein it was   
stated that Harmony and Newcrest Mining Limited (”Newcrest”) had signed an     
agreement which will allow Newcrest to earn 50% interest in Harmony`s Papua    
New Guinea gold assets (”the joint venture”), shareholders are advised of the  
pro forma financial effects of the transaction.                                
Newcrest will earn its 50% interest in the joint venture by contributing a     
maximum of US$525 million(1). The commitment will be in two stages, namely, an 
initial US$180 million payment to acquire a 30.01% interest by 30 June 2008,   
together with a reimbursement to Harmony of US$45 million(1) in project        
expenditure (”Stage 1 completion”); and a farm-in commitment for the remaining 
19.99% of approximately US$300 million to fund project expenditure up to the   
commencement of mining operations at Hidden Valley.                            
(1) Based on the current estimate of Harmony`s project expenditure of          
US$150 million from 1 January 2008 to the expected Stage 1 completion date     
of 30 June 2008.                                                               
2.Pro forma financial effects                                                  
The unaudited pro forma financial effects of the transaction have been         
prepared for illustrative purposes only and because of its nature may not      
fairly present Harmony`s financial position, changes in equity, results of     
operations or cash flows. The pro forma financial effects are the              
responsibility of the directors of Harmony.                                    
Before the       After the                
                                    transaction     transaction       Change   
                                        (cents)         (cents)          (%)   
(Loss)/Earnings per share                   (44)              48          209  
Fully diluted (loss)/earnings per share     (44)              47          207  
Headline earnings per share                   35              36            3  
Fully diluted headline earnings per share     35              36            3  
Net asset value per share                   6161            6264            2  
Tangible net asset value per share          5546            5649            2  
Notes:                                                                         
1.The pro forma financial effect was only calculated on Stage 1 of the         
transaction whereby Newcrest acquires a 30.01% interest.                       
2.The pro forma financial effects are based on the unaudited results of        
Harmony for the nine months ended 31 March 2008.                               
3.The financial impact on the earnings of Harmony is illustrated as if the     
joint venture had been completed at 1 July 2007 while the impact on the net    
assets of Harmony is shown as if the joint venture had been implemented on     
31 March 2008.                                                                 
4.The pro forma financial effects have been prepared using accounting policies 
that comply with International Financial Reporting Standards. The accounting   
policies are consistent with those applied in the previous financial year.     
3.Withdrawal of cautionary announcement                                        
Shareholders are advised that caution is no longer required when dealing in    
Harmony securities.                                                            
For more details contact:                                                      
Graham Briggs                                                                  
Chief Executive Officer                                                        
on +27 (0)83 265 0274