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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (2199)	11/22/2005 11:30:24 PM
From: Lhn5	Read Replies (1) \| Respond to of 78407

Well the gold to M3 ratio is soon to go to infinity as M3 exits eartly existence, lol.

To: Claude Cormier who wrote (2199)	11/23/2005 11:21:41 PM
From: TrueScouse	Read Replies (1) \| Respond to of 78407

Claude: Thanks for the info about Turk's "fear index". I'm not a subscriber to his "Freemoney" newsletter so I don't know how this works. But as others have pointed out, the fact that his key index is tied to M3 and the Fed is about to stop publishing the M3 data is a clear indication that the US dollar's in big trouble! It amazes me that they can make a decision like this and there seems to be no way of challenging it? If you hide the money-supply data for a currency, I think you're admitting that the figures are telling a story you don't want the public to know. The more they hide the data the more the market will lose confidence in the dollar. JMHO. Although part of me would love to see gold at $7,000/oz, the implications in terms of "everything else" are quite horrific. Mega-inflation is a terrible thing, with people scrambling to convert money into any type of "stuff". I remember a Brazilian friend of mine telling me a few years ago how she would get her pay on a Friday and dash to the market after work to change it into anything she could get her hands on -- bread, shirts, whatever -- because by the next day it would only buy half as much. And then she'd be trading the stuff she'd bought for the next week in the very same market, until the next pay packet -- and then the process would repeat. Could this really happen in the US of A? I hope not, because it would make what happened in New Orleans this summer look like a picnic. Howy