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Politics : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?


To: SofaSpud who wrote (2267)3/27/2003 2:45:09 PM
From: RJ2  Respond to of 37201
 
Let see if the US with their 100++ acres of printing presses will print us to prosperity, as things keep imploding as they are now we will start to see the light shortly. The sentiment of wishful thinkers and how they relate it to the Gold standard is still in its infancy so I know the deception is ongoing as we speak. If Gold was a no go then why is it right up there with the marketmakers daily, if it was worth nothing whats the big issue then. Let the world figure out the value of gold standard, the US and Canada are only are part of the action, the paper promise groups can only manipulate economic policy for short times or until the world understands the game. The US holds 280 million fine ozs, Canada holds 500,000ozs. (2003)


Mortage rates have hit bottom and are heading higher and this will effect thousands of people who will walk away from mortages shortly, just recently, people are losing their jobs daily, airlines are crying the blues, provincial governments are hurting for health care funding, we got wars and rumours of wars. Watch the Gold Genie it just might surprise the most reluctant paper stalwart.

Who says Gold or something is not worth anything, or its only worth so much?? The US of A just had a haircut of over 10 trillion dollars, someone has got to pay for it and many countries in the world are now paying attention to these bad business practices. If its Gold or Health the Canadian Federal and Provincial Gov'ts have failed drastically on these policies. I just want to know who says Gold is only worth $35 US, this a bunch of bunk passed on by international Scammers and government insiders who want the whole world population subservient to their whims. Were not Bush Sr. and Mulroney directors of the Barrick Gold Company recently? Many, many questions and its all smoke and mirrors we need some honesty but I think as the world problems compound the truths will follow thereafter!!

Lets change the subject abit, the fish in the lake next to where I live have bigger heads than bodies due to pollution, there is no moratoriums, nothing. The government still pumps the water up from the lake, chlorinates the water and then pumps it into the general publics homes, wheres is the common sense? Peoples health are at risk and the way we see it is, if it does not happen on my shift its alright, it the same with our(Gold)assets. Tell them what you want and they will believe?? Maybe!!!



To: SofaSpud who wrote (2267)3/27/2003 4:51:00 PM
From: E. Charters  Read Replies (1) | Respond to of 37201
 
Reserves are there to back the currency, not to pay debt. Currency is not used to pay debt. All selling gold proves is that they are out of money that they are supposed to be making that fictional interest on. All the need for cash demonstrates is that they have a lot of bad debt that was not paid to them, and a lot of debt that they have to pay that there is no tax/industry to pay. This is because they spend way too much of your money. The gold sales were not reinvested in Canada. They did not earn interest.

EC<:-}