tothemoon 20:02

yes that artical came out of the uk so your first hand knoledge trumps it for sure. however my nephew who has made his home in vegas for the past 15+ years did say property values have dumped the past couple of years which is consistant with propertys in general across the board. wj

TQ, that is another reason to be a year early.

You’ve got a year’s worth of mistakes (experiences!) under your belt.  But in the garden you are always learning.  Do you know to pinch out the shoots on the tomatoes between the leaves and the stems, unless it is specifically a bush tomato?  Took me two years to persuade my wife of that necessity.  Also, do not let smokers tend them, they can get a tobacco blight.

Several countries have banned the export of rice, too.

ferret re your 18:04;

It’s interesting that so many are stocking up; and that the supplier there is back ordered.  What are they thinking?  Or more specifically, what has caused the decision in so many to stock up?  And the supplier can offer years worth of food.  Is the food going to Americans, or some other countries in the Americas?  So many questions, so few answers.

Did you see the note that India has ended the export of corn; it is way down the page in a July 3 headline in the India watch in one of Doug Noland’s at SafeHaven:

safehaven.com/article-10682.htm

The more that I garden the more that I understand how little I know.  I am thinking of letting the beets go to seed.  They were organic.  But can organic be GM?  That is a question that needs some attention.

I weeded the tomatoes, and put some compost over the soil around them after I watered them thoroughly.  Will see what happens.

Reply to PMF ……………No Problemo…….post – editorial to me

Hi GR I reread your post and with all due respect not only are we not on the same page but we’re NOT in the same book !

I said I’d reply to your post but I know there’s nothing that I can say that will change your mind and you can throw a million words at me and I won’t change my mind, that despite the massive price inflation we’re already deflating.

What would change my mind though is seeing the banks overcome their solvency crisis and start lending again or the fed monetizing debt in a huge way with new ‘money’ but if the were to happen the $US would be toast in a millisecond.

If you are really interested in my views they were already posted with the dialog I had with Ment starting at LP. @ 10:17 am on June 21 I’m sure nobody on this forum would like to see me rehash that all over again.

Please don’t get me wrong, I do wish you best in all that you do.

Cheers LP.

PS Time to go out and plant some seeds.

Gold Train

The trading week is starting.  All aboard that’s getting aboard!  Gold Train departing on Track two.

http://www.railpictures.net/viewphoto.php?id=241712

WANKA - Vegas

I was in Vegas a couple of weeks ago and I coud not see the slightest bit of slow down. My hotel lost my confirmation and I had a hell of a time fining another room. Everything was booked The casinos were packed, the stores were full. I saw lots of new construction on the strip. They are building million dollar condos and every unit is pre-sold.

Overseas…….

Is capitulation on the cards?

LONDON (Reuters) - Profit warnings, breaches of key index levels, record oil prices, stressed consumers and investors seeking safety provide the background for markets this week, and many people are wondering how long this will all last.

There has been no classic “capitulation” — a market concept which states that heavy, sometimes panic, selling of stocks heralds the bottom and a beginning of an upturn. But there is enough gloom around to make a contrarian bullish.

“You are beginning to get into capitulation territory now,” said David Bowers, joint managing director of Absolute Strategy Research and consultant to Merrill Lynch for its monthly global fund manager sentiment survey.

“Are we going to go from a narrow bear market to a broad bear market?” he said, meaning that investors may start selling not only poorly performing stocks such as financials but also those which have not done too badly this year.

This week may offer some sort of answer if only because of the depths that have been reached recently.

- complete article -> tinyurl.com/5c55lz

~ ~ ~ ~

Asia/Pacific Region tonight……..more RED across the board in the early going:

finance.yahoo.com/intlindices?e=asia

~ ~ ~ ~

JBI

baldeagle_b_020.jpg

.. NEM .. Monthly .. Gann Square of 12

e) xs329.xs.to/xs329/08270/g144m_nem_3jul08_107.jpg

..

TQ 16:49

The tone is certainly a doomsday one, but who is to say they are wrong?  The current trends in food and energy prices suggest there is a supply/demand problem developing.  I think that it is up to individuals as to what they make their priorities.  For instance, everyone has spare time.  Those who decide to use some spare time in cultivating crops are taking out insurance in case some of the scenarios in that blog come to fruition.  If nothing happens, they have still been active, and have (hopefully!) produced very healthy, tasty food at a very low cost and gained a deal of satisfaction from doing so.

If the blogs are right, it is certainly a case of better a year early than a week late.

Financial market losses could top 1,600 billion dollars: report

“Geneva - The global financial crisis could lead to losses of 1,600 billion dollars for financial institutes, according a report in the Swiss Sunday newspaper SonntagsZeitung. It quoted a confidential study by the hedge fund Bridgewater Associates as saying losses for banks holding risky assets could be four times greater than the 400 billion dollars previously estimated.

The hedge fund expressed doubts that the financial institutes would be able to drum up enough funds to cover the losses, something it said could exacerbate the crisis.

Bridgewater, one of the world’s biggest hedge funds, based its calculations on the state of risky debt-based US assets, such as mortgages, credit and credit card demands.

The value of such risky assets is 26,600 billion dollars, according to the hedge fund. The losses would amount to 1,600 billion dollars if these assets were valued at market rates and not in the form of securitization, the newspaper said.”

….from The Earth Times

~ ~ ~ ~ more money_burns.gif

JBI

The merciful thing about the present slump in junior mining

equities is that Goldtent is no longer overloaded with flaunting by posters excited about the likes of American Bonanza (chart below), Canadian Zinc, and Adanac Moly.  Although some equities that took wing, by going into production and having price charts that rise up to the right,  while the likes of BZA, CZN, and AUA floundered, dont get discussed here either.

http://stockcharts.com/h-sc/ui?s=BZA.TO&p=D&yr=3&mn=0&dy=0&id=p59794908039

Equiz 14:26

Bravo and well said good man, well said..Ya know Equiz,  I’m thinking this place has gotten as somber as the funeral mass I was at 3 days ago, aside from a few well placed chuckles during the eulogy.. Lord knows we all need diversions once in awhile to deal with these markets, so we might as well dance a little… And as long as you got health and people around you that care it’s best not to get too strung out with the “fleeting and capricious” nature of this beast.

I was gonna comment the other day about your RE quandry.. I agree, that is a dream, unfortunately..Would never fly with saavy investors and the doors and windows just got bolted for the dumb ones..Not sure if they’ve stopped making land  in your area <gg> but I tell you we are ripe for a big RE correction in Vancouver and the burbs..But I’ve yelled housing top for 2 years cuz just when ya think prices can’t go any higher they do !! ..Ahhh the madness of crowds and irish men. But seriously, there is no denying the worm had turned  at this stage..Reading some real estate blogs, the smart realtor says price it right and fast if you wanna sell, the realtor that’s never lived thru a correction  just sits and holds hands with the homeowner.. The good news Equiz is when I start yelling TOP in the gold market rest assured you got 2 more good years of gains LOL…  Hope you are having a great day in paradise..Cheers, AuGirl 

Moggy; good to see your post.

I noticed that you mention Dane Rhudyar.  I once read his book, ‘The Astrology of America’s Destiny.’  Has he developed that further in another book?

Good luck with your garden and other plans and activities.  I am doing a lot of physical gardening in order to make best use of my time, by gaining both strength [and stamina] and knowledge that can be acquired only by doing [imo].  I’m thinking of having some ducks for eggs, and to keep the slugs and snails out of the gardens.  I have given it some thought.  Even over the winter I saw mallards that stayed here, sitting on the ice sheets on the local stream.  It is a tributary stream to a local small river, and here is only a few feet deep, and about twenty feet wide at this point in its course.

So I think that a couple of them could manage if I provide them with a few ‘extras’ like a fence and shed and hutch for shelter from the foxes, coyotes, and cats etc.

A friend of mine had a couple of ducks when she and her husband lived in Europe.  Had a couple of fresh eggs every day, with few exceptions, and of course fewer in winter, I think she said.  And they are more appealing to me than chickens.  As my friend put it, ducks are like dogs, and chickens are like cats.

ferret re your 23:23. I’m not sure what to make of the blogs there.

My hunch is that people are thinking several years ahead; that in a few years there will be difficulties in America unlike any seen before.   What do you think of the issues raised at the site?  Any of them resonate with anyone?

Myself, I went to the garden, and spread the compost over the freshly weeded veggie patch.  Whatsapoorboytodo?

flying

here is balloonman in his journey off the drudge report.
baloonman.jpgwj