hello 2mar$, as with each first quarter of every recent year, the battle lines are again drawn, between those who believe in the ostensible painless recovery from the supposed end of the definitive fiat money crisis of all human history, and those who believe in the rise of gold
today's report
(1) either the fed, and/or the media that spins 'end of qe' and i have a seriously different understanding of the nature of the problem
(i) i am assuming that the fed knows it spews rubbish when and from here on out whenever it spews "coming end of qe", and that the fed is influencing the media so as to manipulate all others. iow, the fed is evil, and the media is gullible, as to the audience of both, most shall fall so that a few may rise.
(ii) the math problem that is "demographically-enhanced and universal-suffrage-enabled rule-by-making-up-rules entitlement" can ONLY be resolved in one way, namely fiat money inflation, that which risks revolution, and
every other ways circumnavigate the risk of revolution because such ways would lead straight to the certainty of revolution; iow, when any outcome is certain, there is no risk left to prediction error.
(2) re the economic data's ostensible strength, that which the fed monitors, clutches at and prays over, that which determines the continuity of qe, i say ...
(i) the data shall not stay strong, because the current strength is false
it must be so, because the biblical script says so
the fed must talk raising rates, even as their dark heart must know better
unless of course they in truth are the cretins some say they are
which is entirely possible, because they were trained wrong, and essentially uneducated
(ii) read fiat money inflation in france mises.org , i plead with all
read the bible
testing time straight ahead
most must perish so that a few may rise
mortality is our weakness
salvation be our witness
(3) gold chronicles
(i) this coming monday we may (or may not) be able to close on the project #2, the gold / antimony mine and mill. central asia money that had relocated from london to hong kong
may or may not back us in time, before our optionality vaporizes to zipdotzilch
even as a long queue of mainland domestic chinese are actively, valiantly, but unfamiliarly trying to engage but just not in time to do any good
not done until done, so we wait for the drama to play itself out and know the tentative answer in the coming monday when it is money-down time for us vis a vis the vendor, and for our chosen partner if any such, money-down vis a vis ourselves
(ii) project #3, a tailings project, shall be taken down first by the we the courageous co-founders so as to remove the fuse, and shall be tee-ed up as part and parcel of gold business strategy initiated with the project #1 that is was the initial gold mine and mill project wrapped up earlier
(iii) project #1 is moving dirt, hopefully go into dore bar manufacturing in late march / early april, and
(iv) going forward, we are looking to see if we can take down a mint (that which turns dore bars from many producing gold mines and output LBMA good delivery bars)
the aim is to drill out resources, prove up the reserve, even as cash and gold is generated from existing operations, and on-sell to some sovereign who desires gold
(4) i am developing a eureka moment re view of gold and on gold mining
(i) gold is cash
(ii) cash business is easy to value when kept uncomplicated
(iii) gold mine is a bank
(iv) proven gold reserve is the deposit base
(v) inferred gold resource is the optionality / derivative upside
(vi) the bank has only one depositor, and his name is god
(vii) the bank has stakeholders, and directors
(viii) we must become the directors, so that we can take the market price given to us by the environment democratically crafted or dictatorially ordained, and conduct the orchestra the best way we can, watching the cost and tallying the bars
eureka, gold is money, and nothing else
scroll down for the rushing rise of gushing getgold amidst cheap australian real estate
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