Loading ...Dear Fullgoldcrown,
Many thanks for your kind comments on our new page, very much appreciated, as well as the fact that you presented it to your members.
I’ll be looking at your site, at first look it seems impressive.
Again, many thanks, and with my very best regards
Eric Lemaire
Editor
www.24hGold.com
…………its a great tool…I encourage all to check it out in your own currency to see the REAL price of Silver and Gold bars and coins…..
Crazy places where people hide money. May come in handy… if you have any.
Good One! That’s what the banksters think it is.
Interesting that the German word for ‘Economy’ is: “Wirtschaft”
Sounds a lot like “We’re Shafted!”
I know… I’m sick. Sometimes the universe laughs in our face.
Is anyone familiar with this company? I saw the link on the LewRockwell.com home page and didn’t realize it was an ad. They use Ron Paul to market the company. Here’s the link to their web site: www.constitutionmining.com
The video on their home page says the gold they extract will go into a Swiss bank account instead of being converted into fiat. I don’t understand how that differs from CEF or similar schemes, since the shareholder is still trading fiat for shares, even if the underlying value goes up with the metal price. If it doesn’t distribute the fizz to the shareholders, what good is it?
I have heard of the ‘red seal’ notes but have never paid any attention as to what they were. Those notes are really historic and I am going to get me one or perhaps two. hehe >>>another sign of the collector coming out in me!!
Howdy, pardner!
It looks like you can easily buy 1963 ‘red seal’ $2 notes on eBay, as well as from plenty of other sources: http://tinyurl.com/5ufxkl
Re: ‘red seal’ notes, here’s some history:
“Today there is a dwindling supply of Legal Tender notes in circulation. As they are redeemed for Federal Reserve Notes, the notes are returned to the Treasury for destruction. Only collectors and dealers have preserved these interesting notes for posterity.” More info here.
check it out !
ZURICH (Reuters) – The financial crisis that has engulfed many top banks is spiraling into a broader economic crisis that has yet to peak, International Monetary Fund’s top economist Olivier Blanchard told a Swiss newspaper on Saturday.
Blanchard said the crisis would continue for another year and called on governments to promote fiscal expansion and on central banks to cut rates toward zero.
“The worst is yet to come,” he was quoted as saying in Finanz und Wirtschaft as he noted how the banking sector’s woes had started to spill over into the real economy by hitting the carmaking industry.
“This is only the beginning,” he added. “The risk exists that the data will get worse and worse, which would then lead to more pessimistic expectations and accelerate a fall in demand.”
“It will take a long time before we go back to normal conditions.”
Blanchard said the crisis should last for another year, but normal growth would return only in 2011.
“For 2009 we (the IMF) forecast negative growth on average in the industrialized nations,” he said. “In 2010 there should be a recovery and we should go back to normal in 2011.”
Blanchard said governments have up until now not done enough to address the crisis and called for fiscal stimulus both in the United States and Europe.
“In normal times the IMF would argue that budget deficits must be reduced … But we are not living in normal times. Demand has collapsed. This is why a broad fiscal expansion is needed,” he said.
Blanchard said central banks should cut rates as much as possible to avert the risk of a “Great Depression” scenario.
“They have to lower interest rates and bring them as close to zero as possible,” he said.
“We have to use all the ammunition that we have in order to limit the collapse of demand.”
I wish he had finished the Presidential race as an Independent and gotten on the ballot, I would have liked to vote for him!
