Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (10918)	11/1/2006 5:43:45 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217740

<<Hmmm, maybe a switch to go-d would be a good tactical move>> ... fact is, a bit of gold never hurt anyone; not the korea nation during the asian financial crisis; not the chinese vietnamese family post US victory flight by helicopters off of Saigon embassy rooftop; not the Argentine retiree after systemic default; not the Zimbabwe shopkeeper with family in London; and not the lucky folks in all crisis since the beginning of time. As to tactical, admit it, you are starting to see the shape of the terrors yet to come, scripted by the ancients, followed to the letter by the dredges of our societies, and feeling afraid, as you should, and you see no way out, in the way of an opt-out, except the parachute that is gold. Ok, enough. I go jogging now.

To: Maurice Winn who wrote (10918)	11/7/2006 12:21:11 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217740

Murdoch u-turn on climate Sydney Morning Herald -- Tokyo -- November 7, 2006 smh.com.au Conservative media mogul Rupert Murdoch said today he has had a change of heart on climate change and now believes global action is needed - although not in the form of the US-opposed Kyoto Protocol. Murdoch - Australian born and whose powerful News Corp empire includes Britain's The Sun tabloid newspaper and The Times - called for a new treaty that is acceptable to all countries and brings in emerging economies. "I have to admit that, until recently, I was somewhat wary of the warming debate. I believe it is now our responsibility to take the lead on this issue," Murdoch told a conference in Tokyo. "Some of the presumptions about extreme weather, whether it be hurricanes or drought, may seem far-fetched. What is certain is that temperatures have been rising and that we are not entirely sure of the consequences," he said. "The planet deserves the benefit of the doubt." He spoke as an international summit got underway in Nairobi to discuss the future of the Kyoto Protocol, the world's most far-reaching environmental treaty, which requires industrialised nations to slash greenhouse gas emissions. The United States, the world's biggest polluter, and Murdoch's native Australia have boycotted the Kyoto treaty, arguing that it is unfair as it makes no demands of large developing countries such as China and India. "Kyoto was a bad idea in 1997, and it's a bad idea today," Murdoch's New York Post said in a December 2003 editorial as Russia prepared to ratify the treaty and as a result bring it into effect. Murdoch said he now believed a treaty was needed but not necessarily the Kyoto Protocol, negotiated in 1997 in Japan's ancient capital for which it is named. "I think that we should certainly have a protocol and probably a new one," Murdoch said. "The Kyoto Protocol was found to be faulted in many ways and certainly impossible to accept in some countries and unlikely to be followed in some of the largest emerging countries. But we certainly have to have rules," he said. Murdoch said any treaty "must apply to all countries" - including the United States, Japan and European nations, along with China, India and Russia. "It is meaningless, really, all of this, unless we get the four or five major industrial countries in the world," he said. AFP