Loading ...FGC @ 21:29…new poll
That could be an interesting poll. I would have twist me pee-pickin little mind around it a few time before I could come up with a guistament. But that is what makes it interesting!
Okie
That’s disgusting, huh? Maybe Burlington Northern and other carriers have their boats loaded…..One location my business has is right on the RR line that goes from Dallas to Denver…..Last year you’d see a coal train come by every 30 minutes. This year about 1 every 15 minutes…..I’ve noticed a big increase in “piggybacks” also……We had a mountain of wheat piled on the ground here last year. The pile the Attebury elevator next to me covered about 3 acres and was probably 60 feet high. Not worried about that this year, ha! All the best.—-aggie.
nuclear fuel
fgc- please pass this on to winedoc for info www.world-nuclear.org/info click on mining , then click on military warheads 3/08
Molyminer.Good Luck to Ron Paul in Idaho
..Keep us Posted
aggie
down in sw okla, straight north of wichita falls, lots of wheat on the ground because they can’t get rr cars. i can’t believe the incompetent bimbos running the rails. if the govt ever takes over any form of transportation, rails would be a good place to start. sad state of affairs if the govt can run something better than the private sector. the massive subsidies to rails have accomplished very little that i can see. with all the problems we have in transportation and the subject of high speed rail has never come up. i guess it works too well in the countries that have it.
rno
pgs 20:56
If he was referring to the Perth mint, I don’t think he would restrict his comments to Australian/ New Zealanders. I suspect a lot of non-ANZ’ers have stuff stored at the mint, having bought through them. Anyway, he’s ignorant of geography too if that was his thrust. Perth is on the west coast, and 90% of the pop’n live on the East or South coast. We’re not exactly going to pop over to Perth to put our fizz in their deposit boxes! Two week round trip. Especially at today’s oil price.
Although I wouldn’t trust Barclays either, I think their legal integrity is likely to be greater than the type of firm that is currently in trouble.
Ron Paul Idaho
I managed to get myself appointed as a delagate to the Idaho Republican Convention next week. Iam not sure what is going to happen as I have never been involved with the politcal process before but Ron Paul will be very well represented not only by me but many other Ron Paul delagates. Iam hoping that we get something acomplished.
I would like to propose a New Poll
Presently the Gold Oil Ratio is abut 6…Historical Mean is about 15….at what Price will the Ratio hit 10 next
$3000 Gold/$300 Oil
$ 2500 Gold /$250 Oil
$ 2000 Gold/$200 OIl
$ 1500 Gold/ $150 Oil
$ 1250 Gold $ 125 Oil
$ 1000 Gold / $100 Oil
$ 900 Gold $ 90 Oil
$ 800 Gold $ 80 Oil
$ 500 Gold /$ 50 Oil
$ 250 Gold/ $ 25 Oil
The Ratio will never go to 10 to 1 again
Look at these relationships….CDNX UGH !
stockcharts.com/charts/performance/perf.html?,,,
To see something ASTOUNDING….put your cursor on the left margin of the box below the chart that says 200 Days… hold down the left click button and drag it back to 1850 days.which equals the start point Nov 00 of the Gold Bull…..till now
…Look at HUI vs Gold Oil and CDNX..
Makes me wonder why I play the Juniors at all !! sheesh
ferret 18:03
Could JS have been referring to the scuttlebutt regarding the Perth Mint? Jason Hommel and Kitco have been crossing swords on this issue recently. Apparently, there are a number of Perth Mint clients who have been having difficulty taking delivery of their physical silver. I know the Sovereign Society has spoken favorably of the Perth Mint, but I’ve never quite understood why. I understand the long-term viability of the Perth Mint is contingent upon them acting honorably and not participating in ‘fractional reserve’ type operations, but when push comes to shove the Perth Mint is State owned and I question whether anything State owned can truly be trusted in a clench. I don’t know if this is related to what JS had in mind or not, but if I had assets under the control of the Perth Mint, I wouldn’t be sleeping too well right now.
Re: Safety Deposit Boxes - I’ve had personal experience with Barclays to NEVER EVER trust them again with anything I treasure. They are very statist in their attitudes.
Re: 1930s - You’re correct, the precedent has already been set, but how many of today’s crowd is aware of it. I believe the thrust will be to de-sensitize people to searches in general. People have already become de-sensitized to removing their shoes and giving up their toiletries at airports, but what about shopping malls? In the U.S., TSA is already expanding its search operations to sports events and stadiums, train stations and the like. In the ‘War on terror’, there will be continued intrusion into those areas traditionally seen as relatively private.
De-sensitizing boobusamericanus to invasive searches is the real danger here. Some might say, “If you’re not doing anything illegal, what have you got to hide?” The trouble with this logic, as I see it, is that in societies where laws are very political in nature what is legal today can be illegal tomorrow.
I really don’t think JS is overly alarmist. I think those who seem to despise him the most are those who haven’t heeded his advice to stay away from margin. Every time he has said, “This is it,” many of them have ill-advisedly mortgaged their farms and lost money. I’ll be quite glad when they’ve lost it all and find another hobby horse to ride.
pgs
Why a limit up day THIS WEEK is a possibility-”the massive Global Pool of Speculative Finance”
By Doug Noland
Bernanke also suggested that sustainable U.S. economic growth would be the most important factor supporting the dollar. I’ll continue to argue passionately that the current trajectory of U.S. Credit expansion and today’s unsound Economic Structure are highly inflationary and a dollar disaster. Importantly, today’s dollar outflows hit a world already inundated with excess dollar balances – not to mention domestic Credit excesses that become extreme almost across the globe. It is also my view that current Monetary Processes and the trajectory of U.S. and global imbalances ensure ongoing ballooning of the massive Global Pool of Speculative Finance. Indeed, this “Pool” is at the epicenter of today’s most intense inflationary and speculative biases – biases that are being thrust to blow-off extremes by the latest round of aggressive (and misguided) Fed reflation (think NASDAQ 1999 and U.S. mortgages 2006).
There were developments this week that seemed to indicate an important inflection point may have been reached. Energy price instability took a decided turn for the worst; global inflationary concerns ratcheted higher; dollar vulnerability reemerged; financial stocks were crushed; and, importantly, the U.S. Credit system demonstrated its greatest instability in a couple of months. And while the U.S. Bubble Economy has proved relatively resilient thus far, sinking stock prices and a further tightening of Financial Conditions would at this point prove too much to bear. I’ll also venture a presumption that all the excitement – along with the unwind of hedges – instigated by the Fed’s March bailouts could now prove a source of added instability. Clearly, rampant speculation has taken hold and should be expected to remain well-embedded until the bust.
To be sure, there are huge costs associated with endeavors to sustain a Bubble Economy. Some are now readily apparent.
http://tinyurl.com/2ezjnr
Six cases full of gold dust found in safe deposits…plus drugs, 17th-Century masterpieces, £30million in cash - and police have hundreds of strong boxes still to open
By Martin Smith
Last updated at 10:16 PM on 07th June 2008
Detectives have found six suitcases packed with gold dust worth £8million and more than £30 million in cash during raids on three safe deposit centres in some of London’s most affluent neighbourhoods.
Last night Scotland Yard said the recovery of such an astonishing haul was being seen as a major victory in the war against global organised crime.
The sheer magnitude of the loot found so far - much of it thought to be the proceeds of international drug smuggling - has stunned police because only a third of the 7,000 suspect deposit boxes have so far been opened.
The unprecedented raids on the safe deposit centres in Park Lane, Hampstead and Edgware has involved more than 300 police officers and followed a complex two-year undercover operation against criminal money-laundering codenamed Rize.
Da’Tara!
It’s a sign from the heavens. Watch Tara Gold Monday morning! 
and furthermore..a quick back of the napkin estimate
at 1000 US Dolars it takes 1 TRILLION ZIMBOBOS to buy an ounce of Gold !