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Gold/Mining/Energy : NGX - NORTHGATE EXPLORATION LTD -- Ignore unavailable to you. Want to Upgrade?

To: NYBob1 who wrote (23)	7/19/2007 1:49:09 AM
From: NYBob1	Respond to of 46

In 1971 when Pres. Richard Nixon - took us off The International Gold Standard... ex... gold-eagle.com Yes, the Gold price was distorted - manipulated to a certain price - from January 31, 1934 - The day after the passage of the Act, President Roosevelt fixed the weight of the Dollar - at 15.715 grains of Gold "nine-tenths fine". The Dollar was thereby devalued from $20.67 to one troy ounce of Gold to $35.00 to one troy ounce of Gold - or 40.94%. The Treasury, which had become the possessors of all - the nation's Gold on the previous day, saw the value of - their Gold holdings increase by $US 2.81 Billion. The Treasury now "owned" the Gold, and no one else inside - the U.S. was allowed to own any Gold except by the express permission of the Treasury. The new ratio of $US 35 was adopted at Bretton Woods - in July 1944. The U.S. Dollar was made the world's Reserve Currency and the IMF and World Bank established in 1947. The now international ratio of 35 U.S. Dollars to one troy ounce of Gold lasted until August 15, 1971. History tells (my memo snippet) - Any commodity future become manipulated in one way - or the other - the higher or lower this future price going after the manipulation - Futures average LT price cycles are about 7 years up or down since year 1600 - Gold 1971 at $35 did go to $870 1980 - Gold POG to $255 2001 - after the central 666banksterz selling of most of 888Societies Gold Reseves - Derivatives, as Warren Buffett has described them, are financial weapons of mass destruction capable - of taking down and destroying the global - financial system. GATA has said the banksters have sold Gold deriv. futures etc,,, in more > 30 trillions short and leased out Gold etc,,, they don't own - all to manipulate the POG markets for - the last 27 years? If the derivative market implodes as I think it - will eventually, the financial markets will cease - to exist in their present form - Investors and speculators will be looking for - GOLD & Platinum PGMs stock as a safe haven - Got NXG Gold - for about free - as a profit by-product on top of the profitable copper prouctions - Ex. - 2007 PRODUCTION PLAN Gold Production 285,000 ounces Copper Production 74.5 million pounds Silver Production 385,000 ounces Gold Cash Cost US$10 / ounce * Assuming the copper price averages $2.50 in 2007 negative US$10 / ounce * NO COST (The Gold free by product on the copper production) dd.... Imo. Tia. God Bless siliconinvestor.com

To: NYBob1 who wrote (23)	7/19/2007 3:42:35 PM
From: NYBob1	Respond to of 46

The Real Story Of Goldilocks - (As told by a bear) Once upon a time there was a family of three bears; a mama bear, a papa bear and a baby bear. This family of bears lived in a quiet cottage in the woods. One day, waiting for their porridge to cool, they decided to take a leisurely walk in the woods, as bears are known to do. While they were out on their walk, a little girl named Goldilocks who happened to be playing in a field nearby, discovered their house, and also the porridge inside, which, let's be honest, is not really porridge, but a metaphor for the collective savings of the three bears which they wisely keep under their mattress for fear of an economic collapse. Being curious, and an expert burglar, Goldilocks managed to break into the three bears' house, though she later claimed the front door was left "wide open." Once inside, she examined the first bowl of "porridge'" (a metaphor for U.S. Treasuries). "This porridge is too cold!" she exclaimed. So she whipped out her cell phone and ordered the Federal Reserve to take some kind of policy action to try and force this "cold porridge" out of the hands of domestic holders and into the equity markets where returns would look great, even to bears, as long as the bears didn't bother to notice that the returns were due solely to the devaluation of their paper currency. Moving on to the second bowl of "porridge," which is clearly gold, Goldilocks noted, "This porridge is too hot!" So she dumped it onto the open market, even going so far as to sell gol... er, "porridge," that she doesn't even own and can never ever possibly physically deliver in order to make it unattractive to bears. Finally, she moved to the third bowl of "porridge," which in this case is a metaphor for a stack of U.S. dollars that the baby bear kept under his mattress to use as "writing paper." "Ahhhhh," Goldilocks said. "This porridge is just right." Then, she abruptly fell asleep in the baby bear's bed. (Editor's note: Certain metaphorical acts committed by Goldilocks, such as raising taxes, browbeating foreign trading partners for structural deflation, etc. have been omitted for the sake of brevity.) As Goldilocks was sleeping, the three bears returned home. "Someone's been eating my porridge," growled the papa bear. "Someone's been eating my porridge too," growled the mama bear. "And someone's been messing around with my writing paper and used it all up!," cried the baby bear. Just then, Goldilocks woke up, saw the three bears and screamed. "Help!" she cried. "Print more money!" she demanded. "Buy something... anything!" she screamed. But it was too late. By 10:30 a.m. the corporate debt market had locked up and forced selling by overleveraged hedge funds was spilling over into commodities and equities markets. By 11 a.m. the first round of trading curbs kicked in, but this had the perversely ill effect of actually withdrawing even more liquidity and bids from the market. By noon the Federal Reserve had called a special meeting with Wall Street's money center banks to see which, if any, could remain operable through the end of the week. Goldilocks, meanwhile, was vilified in the press for her reckless breaking and entering and total disregard for good porridge. The bears felt vindicated, but not particularly good. After all, in a real bear's market, no one wins, not even the bears...more... minyanville.com. Thanks Jim - Got NXG / NGX - Northgate Minerals Corp. - Gold Mine Safety? - Lowest Gold cost producer in the industry - Imo. Tia. God Bless siliconinvestor.com siliconinvestor.com

To: NYBob1 who wrote (23)	7/20/2007 2:49:19 PM
From: NYBob1	Respond to of 46

NXG/NGX Gold, silver, copper futures rally to multi-week highs - Weak dollar, strong oil prices, China growth all boost prices - Jul 20, 2007 SAN FRANCISCO -- Gold futures closed at their highest level in more than two months Friday to finish the week - with a gain of nearly 3% - buoyed by a weak dollar and strong oil prices. Copper futures also rose above a two-month high - while silver futures finished at their highest level - since mid-June. "Physical demand [for gold] this year is now seeing investment demand for gold jumping strongly on the back of a buckling buck and a surging oil price," said analyst Julian Phillips. Gold for August delivery gained $6.60 to close at $684.70 an ounce on the New York Mercantile Exchange. It climbed as high as $687, the contract's highest level since May 9, and finished $17.40, or 2.6%, above its close a week ago. "Gold is gaining strength on the U.S. dollar's continued weakness, safe-haven buying - due to the subprime-mortgage problems, and the continuing strength in the wider commodity markets," said Gold & Silver Investments Ltd. director Mark O'Byrne in a research note. Got NXG / NGX - Northgate Minerals Corp. - Gold Mine Safety? - Lowest Gold cost producer in the industry - Imo. Tia. God Bless siliconinvestor.com siliconinvestor.com