Perhaps a certain degree of reality will need to return to the minds of those concerned..
Are those who protest the real people of the area or are they groups funded with federal governmennt, taxpayers money, or don't be surprized if it's International (666bolshevikz)money?
If they are indeed not speaking for the folks they make out to represent then these folks - need to step up to the plate and say something, before their jobs all walk away..
I suppose some are content to live off Government Dole but sometime the golden goose might just stop laying - and the bear may change his story..
Course, some investors would enjoy learning - about the reasons given for this - Socio/Environmental/Whatever report -
and more about who would be effected, how many, who these guardians really are, and what our paid government departments - have to say about it... Local, Provincial, Federal and heaven forbid, International.
The Fed does not act in a vacuum - Mr. Greenspan rightly criticizes Congress and the administration for abandoning principles - of fiscal responsibility -
However, monetary policy at the fed - did nothing solve money problems - but merely delayed impending crises - by creating bubbles -
GOLD a break above current resistance in the chart - would signal all explosion is breaking loose - that Gold is on it's way to $1,000 in discounting - the potential for financial armageddon -
Increasingly at this point in the larger cycle, one should expect to see the bond market (paper) - bypassed in favor of Gold (hard safety assets) - as more and more people see the effects of inflation -
it won't take long for prices to soar once Gold fever hits - the general population, not too mention governments -
caught out of position at the moment - it is becoming increasingly evident such foreign governments are attempting to correct such conditions - if not capitalize on a return to hard money policies -
Again, this is why the yield curve should begin to steepen dramatically starting very soon, where administered rates will be pressed lower by monetary officials attempting to bail out the system set against market rates being pulled higher by increasing numbers bypassing fiatz-paper alternatives in exiting the system -
Naturally then, such a trend must necessarily benefit Gold -
What is cash worth in hyper-inflation?
Ex: Prior to the Hyper-Inflation in Germany in the 20s,,a German worker retired with $60,000 and a pension. After the hyper-inflation got going the bank sent him a check for the $60,000 with a letter saying his acct was to small to handle. The stamp on the letter?... $100,000
Play it safe and stay in Gold mining -
Politicians can't stand seeing the value of their own home dropping ever month,,,, they will stimulate and when that doesn't work they will stimulate some more, again and again and again---until we go over the cliff into hyper-inflation.
Got NXG Gold Mines Safety - The Largest Gold Producer in BC - The lowest cost Gold Producer in the mining industry - http://www.northgateminerals.com Imo. Tia. God Bless
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