Gold, Precious & Base Metal Plays

[NYBob]

Bobwins thanks for info, the Catalysts For Gold’s Climb -

U.S. Department of Agriculture’s Oct. 10 Crop Production Rep.
said acreage for a handful of staple food commodities
has shrunk:

* Corn acreage fell 1.2%.
* Soybean acreage dropped 1.4%.
* Canola acreage dropped 1.9%.
* Sunflower acreage shrank 0.8%.
* And acreage of dry edible beans fell 0.7%.

That naturally translates to higher prices because it squeezes
the supply of the particular commodity.
And it does so at a time when demand continues to escalate
from populations in China, India and Latin America.
And higher prices equal inflation.

For gold prices – is there’s another catalyst that’s right
now inherent in the U.S. economy that could help vault gold
prices to $1,500 an ounce by the end of 2009.
And it has to do with the much-ballyhooed $700 billion rescue
plan -

The government is pumping money in so many banksters,
and that money has to come out somewhere? -

The philosophy behind the rescue plan is:

By providing a portion of the $700 billion to foundering
U.S banks, the Treasury Department believed it could
provide banks with badly needed capital, and get them
to start lending money once again – jump-starting
the economy in the process? -

Since September 2007, U.S. Federal Reserve policymakers
have cut the benchmark Federal Funds target rate nine times –
from 5.25% down to the current 1.0% rate –
to increase bank-to-bank lending and bank-to-consumer lending -
but before that since A.Greenspan time -
fed did raise it 17 times to create the housing bubble -
in the first case -

The government is pumping money in so many banksters pockets,
and that money has to come out somewhere -
to china subsidiary banksters? -

Right now, banksters aren’t boosting lending.
Instead, they are using the cash to finance buyouts
of other banksters -
Even so, that money will “come out” into the economy
in the form of higher stock prices for banksters? -

Ex..Are we the people much better off with ex. credit unions were all members
shares the profit? -

That will make consumer/investors wealthier, and could
make them more confidence in the economy.
If they’re more confident, they will spend.

As that happens, food prices should begin ticking upward,
adding another set of thrusters to gold prices -

We’re having a horrible recession, we’re not to going have
inflation.
Gold has quite good hidden-store value -
As gold prices increase, count on more investors leaving
the sidelines to invest, too, causing the surge in gold
prices to accelerate and steepen -

As gold goes up, it gets more popular and investors
start piling into it -

Ex.
when I bought Goldcorp from the beginning - all said;
its out mined - nothing left - and the mine was shut down -
McEvans raised funds for a wildcat hole at the bottom of
the outmined mine - an bingo it hit more gold so the mine
got restarted - it has about a 700t/day mill and
ex.
compared to the QR-mill at 1000t/day -
QR-mill was put in by Kinross when gold was below $400.-
half of todays price range -
the ore body is open to deepth and the money is now spend
to make the incline to the high grade orebody -
it will take a few month for CNR to reach the high grade body -
but the ore trucks be able to drive to it -
to lode up with the higher grade ore then prev. mined -

Well, Got Gold..ex..CRN bargain -
one of Canada, BC large gold mines..dd..
fmy2pen....
http://www.crosslakeminerals.com/s/Home.asp

http://investorshub.advfn.com/boards/board.aspx?board_id=8158

God Bless