Well, the year is drawing to a close so let’s see -
how Gold & Bucky has done for 2006 -
Gold for the year is up about 20% -
Plus 20% its pretty good - and the serious gradual fall out
for all the fiats & US dollar has begun -
The real estate meltdown has begun and continues to -
gather momentum? - if the interest rates going higher? -
We have a new congress coming into office that will begin -
making changes that will contribute to higher
long term Gold prices -
An article below came out in the past couple of weeks and
many readers are asking for comments -
“…the Chinese government has informed visiting US -
Administration officials they intend to dump One TRILLION -
U.S. Dollars from China's Currency Reserves and convert -
those funds into Euros!”
“China told the U.S. delegation they no longer have faith
in U.S. Currency for several reasons:
1) The Federal Reserve Bank ceased publishing "M3" data
in March, making it nearly impossible for anyone to know
how much cash is being printed.
China said this act made it impossible to tell how much
a Dollar is worth.
2) The U.S. Dollar has lost upwards of thirty percent
(30%) of its value against other foreign currencies in
the recent past, meaning China has lost almost $300
Billion simply by holding U.S. Dollars in its reserves.
3) The U.S. has no plans whatsoever to reduce deficit
spending or [the] ability [to] pay down any of its
existing debt without printing money to pay it off.”
“For these reasons China has decided to implement an
aggressive sell-off of U.S. Dollars before the rest
of the world does so.
China reportedly told the US delegation;
"we are the largest holder of U.S. Currency and if
the rest of the world unloads theirs before we unload
ours, we will lose our shirts." -
Anyway, the above article can simply have zero truth
to it because the Chinese like us and would never desire
to hurt us in any way? -
It’s simply ridiculous to assume that they are one day
going to call in the mortgage they hold over this country.
The United States is economically invincible and will
never fail.
Just can’t be like the old mark? -
When Germany could not pay the reparation in 1923, troops
from France and Belgium occupied the main industrial
area in the West of Germany - the Ruhrgebiet.
Without its main source of economic contribution the
inflation in Germany was unstoppable -
1 Dollar cost about 100,000 Mark on 1. June 1923 -
Only two months later in August 1923 the exchange rate
was 4.62 Million Mark for 1 Dollar -
========
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TIA -
Behre Dolbear -
Founded in 1911 by Samuel Dolbear -
Behre Dolbear -
is one of the oldest, continually operating minerals industry
consulting firms in the world -
Since its founding, the company has spanned the industry
from the primitive pick and shovel days of mining to
the computer age of geostatistics.
The company specializes in performing studies and consulting
for a wide range of businesses with interests in
the minerals industry, including:
* major and junior mining companies
* banks and other lenders
* venture capital syndications and private individuals
* government agencies
* native or First Nations peoples, tribes, or bands.
* mineral and other landholding companies
From offices around the world, the firm has performed
assignments across the whole spectrum of commodities
including base and precious metals, coal and lignite,
ferrous metals, uranium, industrial minerals and gemstones -
More about
Behre Dolbear -
they have the experience in the mining industry to Rec. -
UNICO INC. -
Great old US, Utah Gold & Silver Mines treasure Ore chests -
still has to be opened up recommisioned re-started
and the hard asset values of the PM metals of -
Gold, Silver, Copper, Zinc, Lead - PMG -
Uranium - rare earth strategic Ore minerals etc.
dolbear.com
Merry Christmas & Happy New Year -
investorshub.com
======
Ps. Note. -
The nss desperate illegal 666 banksterz have short sold -
billionz - zillionz of paperz they don't have or owned -
dive to bankruptcy u gypsy longfingered basherz trotsky
& lenins putinz clownz -
be happy if u get 100 yrs in jail -
u aren't any better - than the old horse thieves -
they got the rope and tree branch -
REFCO nss is only one ex. of to many -
broker banksters current $100 millions robbery -
bre-x, enron, wcom are more banksters fundz robberies etc. -
with the understanding that this could never contain an
ounce of truth though? -
TIA
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