AI
Wealth cannot be produced with either dishonest money
or dishonest people; it is the former that encourages
the latter.
Despite some philosophical and religious tenets to the
contrary, one of the more obvious lessons of life is that
the vast majority of people are basically honest and decent…
not necessarily right or smart, but honest and decent.
Such qualities are not legislated into existence, but it
has become apparent after 70 years of Keynesian inspired
inflation, that the qualities of honesty and decency can
be submerged by legislation that rewards the opposite.
For that insight (and only that), we should be grateful
for the ill-fated Keynesian experiment.
Mind you, Plato did point that out quite a while ago.
"What is rewarded in a country will be practiced there."
It is not people who are basically bad and who need
controlling, though it well suits government to propagate
such a myth; it is government issued irredeemable currency
that is basically bad, and governments who need controlling.
It is imperative that governments be again constrained by
the Gold Standard.
We desperately need to instate gold in its rightful role
as honest broker.
Not because bail-outs would not be possible under a
Gold Standard, but because the immoral logic that
proposes and supports such bail-outs would not even exist.
The giant corporations and banks should be allowed
to collapse.
Let those who were foolish enough to invest in them lose
their money. Yes, it would be hard, but the alternative
being implemented right now is going to be very hard
for everyone.
Instead of the losses being restricted to the criminal and
the foolish, society itself is being sucked into poverty.
Nothing, absolutely nothing, has the power to stop this
vast destruction of wealth other than the instatement
of the multifarious disciplines of the Gold Standard.
There is a natural cohesion between the prosperity that
results from the use of sound and honest money and
moral standards.
They are two sides of the same gold coin.
It is for this reason that The Gold Standard Institute -
has now been established....
http://www.goldstandardinstitute.com
China central bank sees rebound in metals
new gold peak
Hedge Fund investors turn to gold
Emerging economies eye gold reserves
as dollar fears rise
Total gold demand up 84% in Q4 2008
Central banks net gold buyers in January
Extraordinary bullish outlook for gold - part I
Extraordinary bullish outlook for gold - part II
Gold is sneaking its way towards the $1000 barrier again
for the third time
which is prompting as usual the gold bears to come out
swinging declaring the end of the bull market for gold.
For newcomers to the gold market it's very confusing to hear
ultra bearish reports from one side calling gold prices
to crash, some even predicting gold to crash below the
$300 mark while from the other side they're hearing ultra
bullish reports calling for gold prices heading to $5000,
some even predicting gold prices to top $10.000
Well, that's quite a difference and sure enough some
analysts will be proven terribly wrong over
the next few years..ex..
10 Fundamental Reasons To Own Gold ex..
1. Gold remains ultimate form of payment
No counter party risk
2. Currency debasement
US Dollar losing status as world reserve currency -
3. Gold crawling back into the monetary system
4. Negative real rates -
5. Falling gold supply vs increased investment demand
6. Gold & Historic averages - gold should be trading above $2500 these days
7. DOW/GOLD ratio points to $5.000+ gold way before 2015
8. Gold & US public debt - gold prices required to counter balance all US public debt held in foreign hands exceed the $10.000 mark
9. Large short positions - half of all central bank's gold has been leased into the market. (about 15.000 tons).
Covering these short positions is not possible without catapulting gold prices to unimaginable highs
10. Gold acting as safe haven in times of rising geopolitical tensions
1,2 and 3 see HERE...
* Gold remains ultimate form of the only real money payment
* ex.. US debt levels unsustainable -
lavatoriezfiatz$dollar losing status world reserve currency
* ex.. Gold prices required to counter balance all US public debt
held in foreign hands exceed the $10.000 mark/oz
* ex.. China, Russia calling for new world reserve real currency
its only gold - the real money Standard since 1000s of years
6. Gold & Historic averages
Gold should be trading above $2500 these days in order to
clock new 'real' highs
When experts claim gold to be trading in record high territories
these days they always refer to gold's 1980 peak of $850.
Now comparing current gold prices of $950 with the old $850 high of 1980
doen't make much sense since even a chimpanzee can understand
that one single dollar represented more purchasing power
in 1980 than it does today.
So in order to calculate 'real' highs one has to adjust for inflation.
When we take the 'official' inflation statistics then we'll
see that the 1980 peak of $850 equals $2500+ today
When we take into account however the more realistic inflation
statistics published by John Williams at
http://www.shadowstats.com
then gold should clock $7000+ these days in order
to reach new 'real' highs
Sure enough one could argue that the official numbers
are calculated by our governmentz through honest and
correct methodologies but by conveniently taking out
those items causing the highest inflation numbers
(food and energy) since the early nineties you can fool
most of the people but not for an indefinite -
period of time.
Conquest Resources L (TSX:CQR)fiat(CAD)$0.155 UP $0.01 (+6.90%
Bid 0.13
Ask 0.155
Volume 87,993
Day's Range 0.125 - 0.155
Click for Detailed Quote Page
Last Trade:13:13:36 EDT Jun-1-09
Gold still very undervalued
has a ways to go before it is overbought
compared to all printing counterfeitzing by fed of US$
the more printing of bucky the Higher Gold Price
MACD has just turned UP
alert that this rally still has bull legs to run
ex..dd....
http://www.conquestresources.net/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38271777
http://investorshub.advfn.com/boards/board.aspx?board_id=11788
This weekend World Resource Investment Conference -
June 7 - 8, 2009
Vancouver Convention and Exhibition Centre
http://www.cambridgehouse.ca/index.html
http://www.cambridgehouse.ca/ch_register.html
God Bless
or dishonest people; it is the former that encourages
the latter.
Despite some philosophical and religious tenets to the
contrary, one of the more obvious lessons of life is that
the vast majority of people are basically honest and decent…
not necessarily right or smart, but honest and decent.
Such qualities are not legislated into existence, but it
has become apparent after 70 years of Keynesian inspired
inflation, that the qualities of honesty and decency can
be submerged by legislation that rewards the opposite.
For that insight (and only that), we should be grateful
for the ill-fated Keynesian experiment.
Mind you, Plato did point that out quite a while ago.
"What is rewarded in a country will be practiced there."
It is not people who are basically bad and who need
controlling, though it well suits government to propagate
such a myth; it is government issued irredeemable currency
that is basically bad, and governments who need controlling.
It is imperative that governments be again constrained by
the Gold Standard.
We desperately need to instate gold in its rightful role
as honest broker.
Not because bail-outs would not be possible under a
Gold Standard, but because the immoral logic that
proposes and supports such bail-outs would not even exist.
The giant corporations and banks should be allowed
to collapse.
Let those who were foolish enough to invest in them lose
their money. Yes, it would be hard, but the alternative
being implemented right now is going to be very hard
for everyone.
Instead of the losses being restricted to the criminal and
the foolish, society itself is being sucked into poverty.
Nothing, absolutely nothing, has the power to stop this
vast destruction of wealth other than the instatement
of the multifarious disciplines of the Gold Standard.
There is a natural cohesion between the prosperity that
results from the use of sound and honest money and
moral standards.
They are two sides of the same gold coin.
It is for this reason that The Gold Standard Institute -
has now been established....
http://www.goldstandardinstitute.com
China central bank sees rebound in metals
new gold peak
Hedge Fund investors turn to gold
Emerging economies eye gold reserves
as dollar fears rise
Total gold demand up 84% in Q4 2008
Central banks net gold buyers in January
Extraordinary bullish outlook for gold - part I
Extraordinary bullish outlook for gold - part II
Gold is sneaking its way towards the $1000 barrier again
for the third time
which is prompting as usual the gold bears to come out
swinging declaring the end of the bull market for gold.
For newcomers to the gold market it's very confusing to hear
ultra bearish reports from one side calling gold prices
to crash, some even predicting gold to crash below the
$300 mark while from the other side they're hearing ultra
bullish reports calling for gold prices heading to $5000,
some even predicting gold prices to top $10.000
Well, that's quite a difference and sure enough some
analysts will be proven terribly wrong over
the next few years..ex..
10 Fundamental Reasons To Own Gold ex..
1. Gold remains ultimate form of payment
No counter party risk
2. Currency debasement
US Dollar losing status as world reserve currency -
3. Gold crawling back into the monetary system
4. Negative real rates -
5. Falling gold supply vs increased investment demand
6. Gold & Historic averages - gold should be trading above $2500 these days
7. DOW/GOLD ratio points to $5.000+ gold way before 2015
8. Gold & US public debt - gold prices required to counter balance all US public debt held in foreign hands exceed the $10.000 mark
9. Large short positions - half of all central bank's gold has been leased into the market. (about 15.000 tons).
Covering these short positions is not possible without catapulting gold prices to unimaginable highs
10. Gold acting as safe haven in times of rising geopolitical tensions
1,2 and 3 see HERE...
* Gold remains ultimate form of the only real money payment
* ex.. US debt levels unsustainable -
lavatoriezfiatz$dollar losing status world reserve currency
* ex.. Gold prices required to counter balance all US public debt
held in foreign hands exceed the $10.000 mark/oz
* ex.. China, Russia calling for new world reserve real currency
its only gold - the real money Standard since 1000s of years
6. Gold & Historic averages
Gold should be trading above $2500 these days in order to
clock new 'real' highs
When experts claim gold to be trading in record high territories
these days they always refer to gold's 1980 peak of $850.
Now comparing current gold prices of $950 with the old $850 high of 1980
doen't make much sense since even a chimpanzee can understand
that one single dollar represented more purchasing power
in 1980 than it does today.
So in order to calculate 'real' highs one has to adjust for inflation.
When we take the 'official' inflation statistics then we'll
see that the 1980 peak of $850 equals $2500+ today
When we take into account however the more realistic inflation
statistics published by John Williams at
http://www.shadowstats.com
then gold should clock $7000+ these days in order
to reach new 'real' highs
Sure enough one could argue that the official numbers
are calculated by our governmentz through honest and
correct methodologies but by conveniently taking out
those items causing the highest inflation numbers
(food and energy) since the early nineties you can fool
most of the people but not for an indefinite -
period of time.
Conquest Resources L (TSX:CQR)fiat(CAD)$0.155 UP $0.01 (+6.90%
Bid 0.13
Ask 0.155
Volume 87,993
Day's Range 0.125 - 0.155
Click for Detailed Quote Page
Last Trade:13:13:36 EDT Jun-1-09
Gold still very undervalued
has a ways to go before it is overbought
compared to all printing counterfeitzing by fed of US$
the more printing of bucky the Higher Gold Price
MACD has just turned UP
alert that this rally still has bull legs to run
ex..dd....
http://www.conquestresources.net/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38271777
http://investorshub.advfn.com/boards/board.aspx?board_id=11788
This weekend World Resource Investment Conference -
June 7 - 8, 2009
Vancouver Convention and Exhibition Centre
http://www.cambridgehouse.ca/index.html
http://www.cambridgehouse.ca/ch_register.html
God Bless
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