The dollar under siege -
by Michael J. Kosares
A critical juncture for gold and the U.S. economy
from the author of
"The ABCs of Gold Investing:
How to Protect and Build Your Wealth with Gold"
______________
"Under the placid surface there are disturbing trends:
huge imbalances, disequilibria, risks --
call them what you will.
Altogether the circumstances seem to me as dangerous -
and intractable as any I can remember,
and I can remember quite a lot.
What really concerns me is that there seems to be so
little willingness or capacity to do much about it. . .
We are skating on thin ice."
- Paul Volcker, Former Chairman of the Federal Reserve
"[W]e live in a globalized environment and in a country
which has enormous fiscal and external deficits.
So you have to figure out some way --
which I have not done I might add -- to protect yourself -
if we should have a real currency problem here."
- Robert Rubin, Former Treasury Secretary
From time to time I update this short study - the nuts
and bolts of which first appeared nearly ten years ago
in my book, The ABCs of Gold Investing:
How to Protect and Build Your Wealth with Gold.
You might think it odd that I would update -
the same study on a regular basis, but the fact -
of the matter is that the message -
(and its value as a primer) hasn't changed -
since the book was first written.
ABCs gold bookFor the uninitiated, Disturbing Trends
explores the primary reasons why the economy and financial
markets have become so volatile and unstable.
It also exposes the reader to the reasons why gold -
has come to play such a prominent role in -
the contemporary investment portfolio.
For the veteran gold investor, this study serves -
as a refresher course on why you added gold -
to our portfolio in the first place -
and encouragement to stay the course.
GG Schart TA Signal a new bull wave -
Thanks To 'americano' on 'Goldcorp' -
GG Gold $666.- Au still stamp milling -
Goldcorp completes $485-million sale to Silver Wheaton -
2007-07-25 16:11 ET - News Release
Mr. Kevin McArthur reports
GOLDCORP ANNOUNCES COMPLETION OF SILVER WHEATON TRANSACTION
Goldcorp Inc. has completed the previously announced sale
to Silver Wheaton Corp. of 25 per cent of the
life-of-mine silver production from
Goldcorp's Penasquito project -
for a cash payment of $485-million.
The agreement also requires Silver Wheaton -
to pay a per-ounce payment equal to the lesser of
$3.90-(subject to annual inflationary adjustments)
and the prevailing market price per ounce of silver
delivered under the contract.
"This transaction builds powerful leverage into the Penasquito
project," said Kevin McArthur, president and
chief executive officer.
"We are pleased to have accomplished this without risk,
debt or share dilution, while preserving upside
potential in this world-class asset."
We seek Safe Harbor.
Goldcorp Gold $670.70/oz -
History often repeat itself -
Got GG / G Goldcorp Inc. -
Gold Mine Safety? -
goldcorp.com
Low Gold cost producer in the industry -
Goldcorp return 1000% to investors -
on the investments last 10 years -
tinyurl.com
Imo. Tia.
God Bless
tinyurl.com
tinyurl.com
Ps.
Gold & Silver is Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz - 666counterfeitz. |
