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Today gold closed up $7.90 at $889.80 and silver closed down .07 at $16.02
Silver was trading at $15.55 earlier this morning but has rebounded and is now trading at $15.96.
Worse than you thought & worth remembering and this came from a Democrat.
Dear Mr. Ex President Clinton,
I recently saw a bumper sticker that said, 'Thank
me, I voted for Clinton-Gore.' So, I sat down and
reflected on that, and I am sending my 'Thank you'
for what you have done, specifically:
1. Thank you for introducing us to Gennifer
Flowers, Paula Jones, Monica Lewinsky, Dolly Kyle
Browning, Kathleen Willey, and Juanita Broderick.
Did I leave anyone out?
2. Thank you for teaching my 8 year old about oral
sex. I had really planned to wait until he was a
little older to discuss it with him, but now he
knows more about it than I did as a senior in college.
3. Thank you for showing us that sexual harassment
in the work place (especially the White House) and
on the job is OK, and all you have to know is what
the meaning of 'it' is. It really is great to know
that certain sexual acts are not sex, and one person
may have sex while the other one does NOT have sex.
4. Thank you for reintroducing the concept of
impeachment to a new generation and demonstrating
that the ridiculous plot of the movie 'Wag the Dog'
could be plausible after all.
5. Thanks for making Jimmy Carter look competent,
Gerald Ford look graceful, Richard Nixon look
honest, Lyndon Johnson look truthful, and John
Kennedy look moral.
6. Thank you for the 73 House and Senate witnesses
who have pled the 5th Amendment and 17 witnesses who
have fled the country to avoid testifying about
Democratic campaign fund raising.
7. Thank you, for the 19 charges, 8 convictions,
and 4 imprisonment's from the Whitewater 'mess' and
the 55 criminal charges and 32 criminal convictions
(so far) in the other 'Clinton' scandals.
8. Thanks also for reducing our military by half,
'gutting' much of our foreign policy, and flying all
over the world on 'vacations' carefully disguised as necessary trips.
9 Thank you, also, for 'finding' millions of
dollars (I really didn't need it in the first place,
and I can't think of a more deserving group of
recipients for my hard-earned tax dollars)
for all of your globe-trotting. I understand you,
the family and your cronies have logged in more time
aboard Air Force One than any other administration.
10. Now that you've left the White House, thanks
for the 140 pardons of convicted felons and indicted
felons-in-exile. We will love to have them rejoin
society.
(Not to mention the scores you pardoned while Governor of Arkansas)
11. Thanks also for removing the White House
silverware. I'm sure that Laura Bush didn't like the
pattern anyway. Also, enjoy the housewarming gifts
you've received from your 'friends.'
12. Thanks to you and your staff in the West Wing
of the White House for vandalizing and destroying
government property on the way out. I also
appreciate removing all of that excess weight
(China, silverware, linen, towels, ash trays, soap,
pens, magnetic compass, flight manuals, etc.) out of Air Force 1.
The weight savings means burning less
fuel, thus less tax dollars spent on jet fuel.
Thank you!
13. Please ensure that Hillary enjoys
the $8 million dollar advance for her 'tell-all'
book and you, Bill, the $10 million advance for your
memoirs. Who says crime doesn't pay!
14. The last and most important point - thank you
for forcing Israel to let Mohammed Atta go free.
Terrorist pilot Mohammed Atta blew up a bus in
Israel in 1986. The Israelis captured, tried and
imprisoned him. As part of the Oslo agreement with
the Palestinians in 1993, Israel had to agree to
release so-called 'political prisoners'. However,
the Israelis would not release any with blood on
their hands. The American President at the time,
Bill Clinton, and his Secretary of State, Warren
Christopher, 'insisted' that all prisoners be
released. Thus Mohammed Atta was freed and
eventually thanked the US by flying an airplane into
Tower One of the World Trade Center. This was
reported by many of the American TV networks at the
time that the terrorists were first identified. It
was censored in the US from all later reports. Why
shouldn't Americans know the real truth?
What a guy!!
This should tell somebody something. All lease forward rates for gold, platinum and palladium are up this morning but all of the rates are down for silver. All five silver lease rates are once again negative. I can't help but wonder how long the Bullion Banks can pay the shorts to enter contracts. The desperation marches on.
In Japan gold is now down $26.60 and silver is down .70.
At the present time gold is down $18.20 from the Friday close and silver is down .57.
Today gold closed up .60 at $880.50 and silver closed up .19 at $16.09. For the week The gold is down $8.30 and silver is down .14.
The one month, two month and the three month silver lease rates were increased by nearly 1/4 percent with is a substantial move as lease rates go. It appears as though the Bullion Banks are trying to force the paper players into covering their shorts. If there is no pullback in the price of silver in the coming week and a comparable increase in the lease rates are initiated this could be the start of a huge spike in the price of silver. Keep in mind that my heaviest investment is in silver bullion and I may be biased but the preceding is what my charts indicate. Watch the lease rates closely as they will tell the story.
12-14-07---gold $793.10..silver $13.81
12-21-07--gold $811.70...silver $14.34
12-28-07--gold $838.80...silver $14.76
1-4-08-----gold $863.00...silver $15.30
1-11-08----gold $888.80...silver $16.23
1-18-08----gold $880.50...silver$16.09
Today gold closed up .60 at $880.50 and silver closed up .19 at $16.09. For the week gold is down $8.30 and silver is down .14.
Currently gold is up.70 and silver is up .28 but gold is down $8.20 so far this week and silver is down .04.
All silver lease forward rates are up nicely this morning. Perhaps the Bullion Banks are tired of giving away money. The one month, two month and the three month contracts are still negative.
That rock is getting harder, lol. silver is currently up .29.
Right, all lease forward rates were negative for a short time a few days ago. It looks like it might happen again in the near future.
Kevin, hopefully not. Unbelievable but all silver lease forward rates are down again this morning.
Today gold is down $19.70 at $880.90 and silver is down .42 at $15.78. So far this week gold is down $7.90 and silver is down .45.
It looks like my post number 12651 has started. Gold is down $26.40 and silver is down .42.
The Bullion Banks are getting extremely desperate. All lease forward rates were once again lowered this morning.
Gold and silver are getting hit hard in London. Gold is currently down $18.60 at $882.00 and silver is down.43 at $15.77.
Tsafi, I didn't think that you would be back until Iran was taken care of. :) Welcome back!
Today gold closed down $1.30 at $900.60 and silver closed down .09 at $16.20.
Gold and silver continue up this morning with gold currently up another $10.20 at $912.10 and silver up .09 at $16.38.
SPARKS, Nev., Jan 14, 2008 /PRNewswire-FirstCall via COMTEX/ -- Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM) announces that its Technical Services Group has completed staking an additional 210 claims immediately to the south of the Ashdown molybdenum mine, located in Humboldt County, Nevada.
The claims, covering 4,200 acres of federal land, have been filed in the name of Golden Phoenix Minerals, Inc. and adjoin the southern boundary of the 193 claims recently staked by the Ashdown Project LLC. These 210 claims bring the area of mineral rights under the exclusive control of Golden Phoenix to over 6.5 square miles within the Pine Forest Range.
Wayne Colwell, Manager of the Technical Services Group, commented, "Our surface reconnaissance suggests that the potential for molybdenite and gold mineralization continues along trend to the south of the Ashdown Project LLC's land position. All 210 claims staked by Golden Phoenix lie outside the Area of Interest shared with our Ashdown Project LLC partner, Win-Eldrich Mines, Ltd. My technical staff felt it was important to secure the southern extension in order to preserve future exploration and mining options. With the staking completed, we will now address the development of an exploration strategy for these new claims."
The Golden Phoenix claim block covers the continuation of the outcropping quartz vein trend that hosts the Sylvia high-grade molybdenum deposit currently being mined by the Ashdown Project LLC. The new claim block extends several miles to the south where it encompasses the historic Adams gold mine in its entirety.
Today gold closed up $7.00 at $901.90 and silver closed up .06 at $16.29.
Currently gold is up $14.30 at $909.20 and silver is up.23 at $16.46.
Atotalbum, I was only there for seven months but it was a very politically active time. That facility was bombed and Anwar Sadat was assassinated.
Atotalbum, I was in the Negev Desert when Israel demolished a nuclear power facility in Iraq. I remember the jets flying over the airbase and doing rolls in celebration of their triumph. The Israeli air force will let Iran get near completion and then they will strike, imo. That is if Iran continues with a nuclear weapon program.
I was traveling in Israel in a pickup when I saw an Israeli out in the middle of nowhere by a little guard post shack with an uzi laying across his lap. He had to be in his middle fifties. There were a lot of females in the military also at that time. They are very serious about their security.
I am still holding gold and silver. I plan to hold until something big happens that could change the precious metal outlook.
Atotalbum, he may be fulfilling his requirements in the military. I have a feeling that there will be a strike into Iran sometime this year.
Today gold closed up $4.00 at $888.80 and silver closed up .08 at $16.23. For the week gold is up $35.80 and silver is up .93.
I believe that we will do much better with silver than with gold for a number of reasons. I posted many of the reasons on another site a couple of years ago. Silver has a long way to go in the next few years and will be much greater than gold on a percentage basis.
Today gold closed up $11.60 at $890.90 and silver closed up .43 at $16.15. So far this week gold is up $27.90 and silver is up .85.
Kevin, according to my charts we should have a 10 to 12% pullback within two weeks. The thing that might negate this is the fact that the Bullion Banks are paying the paper players to enter into new silver short contracts and it does not seem to be working.
In the last few minutes gold and silver have decided to move. Gold is currently up $6.30 at $885.60 and silver is up .23 at $15.95.
How desperate can the Bullion Banks get? Four of the five silver lease forward rates have been raised this morning and now all five are at a discount. The BB's are paying paper players to enter into contracts.
You are very welcome...Good luck.
Today gold closed up$1.80 at $879.30 and silver closed up .04 at $15.72. So far this week gold is up $16.30 and silver is up .42.
Gold and silver making a comeback. Gold now up $3.80 and silver up .12.
The following may be the reason for the spike in gold prices a few hours ago.
by Xinhua writer Wu Qiong
BEIJING, Jan. 9 (Xinhua) -- With world bullion prices hitting new highs, gold futures made a strong debut on the Shanghai Futures Exchange (SFE) on Wednesday. The contract offers China a chance to become a key player in the global gold market. It could also be a hedging tool for gold producers and a means to absorb excess liquidity, analysts said.
The key contract for June delivery was the first to take off, surging 9.98 percent to 230.95 yuan (about 31.65 U.S. dollars) per gram. This was followed by the daily limit rise of other contracts for July-to-December delivery.
Seven contracts were traded, with the benchmark price set at 209.99 yuan per gram by the SFE a day earlier, lower than world prices.
The contract size was set at 1,000 grams, larger than the originally expected 300 grams, to discourage individual investors who lacked the ability to handle the risk.
Analysts said they believed investors would need at least 24,000 yuan to secure a futures contract, as most futures brokers would ask for a 12 percent cash deposit for each contract.
The most active June contract closed the first trading day at 223.3 yuan per gram, up 6.34 percent, with a turnover of 23.2 billion yuan, according to the SFE website. The total turnover of the seven contracts was registered at more than 27 billion yuan for the day.
All futures contracts finished the day higher, between 223 yuan and 228 yuan, slipping slightly after peaking at 230.99 yuan.
China gold futures trading was launched as international gold prices have repeatedly hit new highs. Global prices jumped more than 30 percent last year, the biggest increase since 1979.
Gold prices climbed more than 2 percent on Tuesday against strong oil prices and a weakening U.S. currency. A troy ounce of gold for February delivery added 18.3 U.S. dollars to settle at 880.30 U.S. dollars on the New York Mercantile Exchange (NYMEX).
All silver lease rates are down again today. It appears as though the Bullion Banks are getting very desperate. Now they are discounting, more than ever, the lease forward contracts. Silver was trading at $15.97 and has since dropped to $15.55 or down .42 in about 40 minutes.
Currently gold is up $7.60 at $885.10 and silver is up .29 at $15.97.
Langlui, Coeur d'Alene is a great silver mining company. CDE has a great balance sheet and could pay off all debt with about 1/4 of the cash balance. I believe that the price of the stock will be much higher in the years to come with higher silver prices and great management.
Today gold closed up $18.20 at $877.50 for an all time high closing price. Silver closed up .52 at $15.68.