Loading ...I’ve got about 10 weeks to recover and make damn sure I don’t mess it up again. Wife’s on my butt to quit the physical part of the business. My son’s doing most of it anyway. The problem is that I love what I do…..it’ll be hard to walk away from it. No regrets however……I’ve most certainly been blessed.
All the best.——–aggie.
Don’t think I will be able to do it the first of the week bro, I will give you a call in the next day or so.
Irish,…..3 years????….as I recall, it was 3 days, that is all I could take in that rough and tumble business!! Today, I would give myself about 3 minutes if I had a running start!
Aggie, Take it easy with that shoulder until it has time to heal real good. Wishing you a speedy recovery.
It is not a coincidence that the appreciation in the dollar and fall in the euro both began to lose their respective momentum when it became clear that Quantitative Easing was now the primary strategy of the Federal Reserve. This method does not replace other methods, but is instead an addition to the multiple other approaches already in place.
In the same time frame it appears the last of the weak longs exited the energy group.
I believe that the advent of Quantitative Easing is the beginning of Gold’s move to $1200 and $1650.
I believe the dollar rally is done at Harry Schultz’s PO of .88-.89 on the USDX.
The low in the euro has occurred.
All of this is a product of Quantitative Easing without sterilization.
When Bernanke referred to the Helicopter Drop of electronically created money without limits, he was referring to the following now famous speech:
Deflation: Making Sure “It” Doesn’t Happen Here
Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002
Since World War II, inflation–the apparently inexorable rise in the prices of goods and services–has been the bane of central bankers. Economists of various stripes have argued that inflation is the inevitable result of (pick your favorite) the abandonment of metallic monetary standards, a lack of fiscal discipline, shocks to the price of oil and other commodities, struggles over the distribution of income, excessive money creation, self-confirming inflation expectations, an “inflation bias” in the policies of central banks, and still others. Despite widespread “inflation pessimism,” however, during the 1980s and 1990s most industrial-country central banks were able to cage, if not entirely tame, the inflation dragon. Although a number of factors converged to make this happy outcome possible, an essential element was the heightened understanding by central bankers and, equally as important, by political leaders and the public at large of the very high costs of allowing the economy to stray too far from price stability.
With inflation rates now quite low in the United States, however, some have expressed concern that we may soon face a new problem–the danger of deflation, or falling prices. That this concern is not purely hypothetical is brought home to us whenever we read newspaper reports about Japan, where what seems to be a relatively moderate deflation–a decline in consumer prices of about 1 percent per year–has been associated with years of painfully slow growth, rising joblessness, and apparently intractable financial problems in the banking and corporate sectors. While it is difficult to sort out cause from effect, the consensus view is that deflation has been an important negative factor in the Japanese slump.
So, is deflation a threat to the economic health of the United States? Not to leave you in suspense, I believe that the chance of significant deflation in the United States in the foreseeable future is extremely small, for two principal reasons. The first is the resilience and structural stability of the U.S. economy itself. Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency. A particularly important protective factor in the current environment is the strength of our financial system: Despite the adverse shocks of the past year, our banking system remains healthy and well-regulated, and firm and household balance sheets are for the most part in good shape. Also helpful is that inflation has recently been not only low but quite stable, with one result being that inflation expectations seem well anchored. For example, according to the University of Michigan survey that underlies the index of consumer sentiment, the median expected rate of inflation during the next five to ten years among those interviewed was 2.9 percent in October 2002, as compared with 2.7 percent a year earlier and 3.0 percent two years earlier–a stable record indeed.
More…
The following articles from The Financial Times should also be reviewed.
Sincerely yours,
Jim
M3, where art thou?
With quantitative easing under way, money supply is going to become an increasingly important gauge.
Morgan Stanley notes the measure will be a key indicator of when ‘QE’ actually starts to kick in. Before adopting QE, all excess reserves created by the Fed were being hoarded by banks. Rather than increasing, the so-called money multiplier (the link between the Fed’s balance sheet and the money supply) had actually plummeted. The only other time this has happened is during the Great Depression, say Morgan Stanley. But there is reason to be optimistic. They write:
“…there now appear to be some tentative signs of a turnaround. In the latest weekly data reported by the Fed, M1 jumped a whopping US$44 billion. And this follows on the heels of a US$33 billion jump in the prior week. To be sure, the monetary aggregates can be quite volatile, and special factors such as the recent hike in the deposit insurance cap can lead to short-term distortions, but going forward we will be watching the growth in the money supply in order to gauge the effectiveness of QE.”
Thank you very much for the Iodine information. I have a beloved co-worker who just underwent breast cancer treatment and I will relay much of that information to her. I have also undertaken my own personal research and supplementation. Ordered Iodoral from (you’ll love this) ‘the Quack Center’ in Oregon. 
it looks like it’s old news here, posted a couple hours ago. oh, well…….
Yes sir…why Dusty was only a Gigilo for 3 years when he was younger and look what it did to his back..
Tks guys. I’m just having to pay the piper for a young life filled with physical abuses…..The old shoulder injury repair should be 100% successful. Screws and wires, I’ll swear….surgeons had to be carpenters in previous lives….ha!
Speakin’ of 100% success rates?? Hangin’ on to gold and it’s producing companies looks to be the winning ticket going forward. I think the most important part of this pm bull is still ahead of us…..In fact, I’m sure of it.
All the best.———aggie.
to be strengthening its own royalty focus in its operations. Iamgold pays a small dividend, and is one small component of our family portfolio. Equiz.
The problem with the Comex vaporization graph is that he is using the wrong number. It is not 5.5 million available it is only 2.3 million. So with first day delivery of 860,000 oz. over 31% of the gold for delivery vaporized,not 15%.
For whatever it is worth it is better for us…because it is happening no matter what we do….this is it!
been able to get much news about the company. If any Goldtenter has been following Gold Wheaton and is willing to share any research information, I will be most appreciative. The item below is one current bit of news about Gold Wheaton (GLW on Canadian Venture Exchange) . Equiz.
Are you or any other editor saving medical info such as Israeli @ 21:47 pm. in a separate location for later review? I would appreciate it very much if you would. If not let me know so I can cut and paste to my computer. Thanks
Thanks also to Israeli and others for their willingness to pass on their knowledge and experience.
Just got this from a friend.
http://meltdown2011.wordpress.com/2008/11/29/vaporize-comex-countdown/
It is updated daily so maybe deserves a temporary place on the sidebar.
I don’t think that there is much to the rumor about distilled water leaching minerals. Reverse osmosis is just fine. There are different opinions about the skin-absorption iodine test, and I don’t remember the issue so well. The 24-hour urinary iodine test is probably the best, as it comes from the leading experts. Lugol or Iodoral is the best way to go with iodine, since they have both the ionic and the salt forms.
Anyone interested in researching the subject should google Guy Abraham and David Brownstein. The former is the originator of the urine test and the one who is leading the new movement back to iodine use, while the latter wrote an excellent book, which is the best place to start.
Newtogold, fibrocystic breasts have been treated with iodine with a success rate of about 90%. The treatment is with the product called Iodoral. Build up to 4 tablets a day (50 mg total). It is, however, important to have guidance with iodine, as there are some considerations such as possible side effects and other supplements that should be taken. I know that you are able to understand health issues, so get Brownstein’s book, read additional articles from Abraham’s web site, and if you can’t find a local doctor or other professional that is experienced in the subject, you could go it alone.