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Darwind

06/03/11 6:50 PM

#16913 RE: Neodymium #16912

Interesting article.

South Carolina is now making moves like Utah did a few weeks back.

Pushing for a return to the gold standard

http://www.latimes.com/la-fi-gold-standard-20110603,0,7289166.story

D

PS good comment at the bottom.

t_dellwo at 1:22 PM June 03, 2011

Well at least one economist and former Federal Reserve Chairman advocates a return to the gold standard... Allen Greenspan. Here is a quote from his recent interview on Fox News.

"We have at this particular stage a fiat money which is essentially money printed by a government and it's usually a central bank which is authorized to do so. Some mechanism has got to be in place that restricts the amount of money which is produced, either a gold standard or a currency board, because unless you do that all of history suggest that inflation will take hold with very deleterious effects on economic activity... There are numbers of us, myself included, who strongly believe that we did very well in the 1870 to 1914 period with an international gold standard."
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TMLonggun

06/04/11 5:47 PM

#16927 RE: Neodymium #16912

LODE GPL Comparison and AMEX Listing Effect

Great Panther is another decent comparison, currently operating at P/e in the 90s and under 10 M oz silver equivalent 43-101 across all categories, so we are way ahead just on silver alone not even counting our gold resource wise.

Please look at the chart below noting how similar the two silver miners perform in the august to January period and the late January low for both stocks coinciding with a modest metals correction. Here the the Lode/GPL charts diverge.

http://imageshack.us/photo/my-images/713/compiw.jpg/ (old chart in OP no longer works)

What gets more interesting is what happens to GPL after its late January low is reached. They have an imminent amex listing about a week later. Much like lode gpl had low volume in the summer 2010 and earlier then as silver rocketed more money flowed into silver plays. The volume from the low period was much higher than say a year earlier but nothing special compared to its last six months average volume supported by a silver bull. There was no surge in volume leading up to the listing. The price still appreciated 52% from Jan 25 ($1.84) to $2.8 on Feb 8th when they actually listed, the listing day providing a massive surge in volume, the highest in the stock's history. What would follow is truly massive volume and successive company volume records being smashed with huge price appreciation. The volume doesn't even just double or triple the amount of increased interest is truly night and day. One month after its listing it was at nearly $5 a gain of almost 170% in just over a month from its January pre-listing price.


http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_c/threadview?bn=32059&tid=331023&mid=331042