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

To: Slagle who wrote (16229)	3/31/2007 11:38:27 PM
From: TobagoJack	Read Replies (2) \| Respond to of 218927

total mined gold since beginning of time, a long time ago, by my notes, source unkowable ("Power of Gold" by Peter Bernstein, I believe), is ... a cube with 20-metre (65ft) sides = 153,000 tonnes = 153,000 x 35,273 oz = 5.4 billion oz @ USD 650/oz = USD 3.5 trillion ... averages to be less than 1 oz of excess mineralized savings per soul which = a tiny fraction of the surplus funds that will be looking for salvation from the event singularity that ought to take place after the dark interregnum which we shall code name "MONETARY RESET". My comment to the foolish radio show guy is just this, "there are two and half trillion of ever worth-less fiat paper derived and massless electronic blibs on the computer screen of Greater China and Japan CBs alone, and offsetting that is ONLY USD 54 trillion of unfunded US FEDERAL OBLIGATION, alone" So, plugging the trusty HP12C with 54 Trillion enter, 5.4 billion Oz divide, to monetize only the whole of US FED obligations today, right now, I get USD 10k per oz for the floor value of gold, the true and only money, in God We Trust. Footnotes: - an ounce of gold into a wire 50 metres in length - a tonne of gold could be stretched to the moon and back

To: Slagle who wrote (16229)	4/2/2007 6:36:24 AM
From: elmatador	Respond to of 218927

Base Closure motivated in part to prop up the real estate bubble. In the case of Walter Reed, the desirability of the land it sits on in Northwest Washington was hyped by the Washington Post in an article published just days after the BRAC list was released by the Pentagon. "There's not 113 acres anywhere around here that's going to be available," the Post quoted one developer as saying. Ironic, given that it was the Post which broke the current scandal in the first place, with a series of articles on Feb. 18 and 19 exposing the treatment and living conditions that outpatients at Walter Reed were being forced to endure. ELMAT: The good thing is that the US is a pragmatic lot. They see the moolah and they go for it. Hedge Funds Targetting Military Logistics While the Washington Post and other news coverage has focussed primarily on the conduct of the Army and the Pentagon, the House Oversight Committee pointed out, on March 2, that the company which won the contract to take over base support services at Walter Reed had connections to Dick Cheney's Halliburton. In a March 2 letter to Weightman, Oversight Committee chairman Henry Waxman (D-Calif.) and National Security Subcommittee chairman John Tierney (D-Mass.) noted that the company, IAP Worldwide Services, is run by Al Neffgen, who previously was Chief Operating Officer of Government and Infrastructure for the Americas Region at Halliburton subsidiary KBR. Neffgen had testified before the Oversight Committee on July 22, 2004, defending KBR's overcharging for importing gasoline into Iraq from Kuwait. Moreover, IAP is owned by the notorious hedge fund Cerberus Capital Management, which, among other things, has been deeply involved in the takedown of the U.S. auto industry. Cerberus brought Neffgen in to run IAP in December of 2004, six months after becoming the majority owner of the firm. Neffgen was followed by Dave Swindle, vice president of KBR's business acquisition and national security programs, who became president of IAP in May 2005, and Chuck Dominy, a retired general who was Halliburton's chief lobbyist in Washington, and who became IAP's vice president for government affairs in July 2005. Lets hope Globalins and the private arm helps this into a peacefull outcome.