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Gold/Mining/Energy : GOLD (Au) PRODUCERS -- Ignore unavailable to you. Want to Upgrade?

To: NYBob1 who wrote (101)	8/14/2007 2:24:33 PM
From: NYBob1	Read Replies (1) \| Respond to of 134

HON. RON PAUL OF TEXAS - Before the U.S. House of Representatives - The End of Dollar Hegemony - tinyurl.com God Bless America - siliconinvestor.com siliconinvestor.com

To: NYBob1 who wrote (101)	2/8/2008 9:59:54 AM
From: NYBob1	Read Replies (1) \| Respond to of 134

The gold price - is there still upside? In real terms, gold still has a huge way to go before it matches its 1980 high point, which suggests good continuing upside potential. Author: Victor Matfield - Corporate Finance Manager Randgold Resources Posted: Monday , 04 Feb 2008 LONDON - Gold reached its previous highs in 1980, at a time when Soviet tanks were rolling into Afghanistan, oil prices were being driven up by instability in the Middle East and the dollar was falling rapidly amid fears of a recession. Panicked investors sought refuge in the ultimate safe haven and the bullion price reached a record US$850 per ounce. Fast-forward 28 years and it seems to be deja vu all over again: trouble in the Middle East and South Asia, spiralling oil prices, and fears about the US economy and the dollar are all boosting the gold price. Yet despite these similarities, fundamental changes in the gold market mean that the two situations cannot be compared. In 1980, after surging from US$450 to US$850 in just five weeks, bullion prices collapsed to trade as low as US$300 a year later. This time round, the high price levels could be sustained a lot longer - and could go even higher. One major difference between now and 1980 is that the current price rise has been slow and constant since 1999, with demand coming not only from traditional safe-haven seekers but also from other sources. Long-term investors now again see gold as a store of value and a hedge against persistent dollar weakness and rising inflation. Their interest is reflected, among other things, in the rapid rise of gold exchange traded funds (ETFs) which after an increase of 34% in 2007 now hold 865 tonnes of gold. The gold price is also supported by strong jewellery buying by the rising middle classes in China, India and Turkey. Another key difference is the decreasing supply of gold - output fell by 7% between 2001 and 2006 - and the shortage of substantial new projects as a result of reduced exploration in 1990s. Rising costs are likely to further constrain the development of new projects as well as existing production levels. Furthermore, gold is still relatively cheap by historic measures. In real terms, the current record price is less than half 1980 high and would have to be well above the US$2,000 level to match it. With no end in sight to the pressures that have pushed the gold price upward, the underlying fundamentals for the price therefore remain very positive. -- Major increase in YD resources! 2.34 million ounces and counting. Impressive! tinyurl.com northgateminerals.com northgateminerals.com God Bless

To: NYBob1 who wrote (101)	3/3/2008 1:06:02 AM
From: NYBob1	Read Replies (1) \| Respond to of 134

Quantum's Jim Rogers says US 'out of control' Leo Lewis, Asia Business Correspondent Jim Rogers - who co-founded the now closed Quantum Fund with George Soros - told 750 global fund managers in Tokyo today that, America is "completely out of control", there will be a 20-year bull market in commodities and that prices will be in turmoil. And he also warned that it "made sense" if global competition for resources ended in armed conflict. Mr Rogers told delegates to the CLSA investment forum that the prices of all agricultural products would "explode" in coming years and that the price of gold, which hit an all-time high of $964 an ounce yesterday, will continue its surge to as much as $3,500 an ounce. Gold would continue to rise, the analyst Christopher Wood told fund managers, "because it is the exact opposite of a structured finance product". In a blistering attack on US monetary policy and the "helicopter cash drop" responses of the Federal Reserve, Mr Rogers described the American dollar as a "terribly flawed currency". business.timesonline.co.uk Northgate NGX - has now free Liberty to get and sell for - the full fair daily market value of the Gold market value - exposed to set POG by commodity future exchanges - for gold future price changes - - On October 29, 2007, Northgate announced its proposal to acquire Perseverance Corporation Ltd. - ("Perseverance"), an Australian gold producer with two fully-permitted gold mines. The deal was approved by Perseverance securityholders and closed on February 18, 2008. - Northgate closed out its gold hedge book and is now completely exposed to future gold price changes. - Production of 41,467 ounces of gold and 16.8 million pounds of copper from the Kemess South mine. - Quarterly gold net cash cost of $18 per ounce and an annual net cash cost of negative $22 per ounce of gold for all of 2007. God Bless America Judge for yourself and then decide whether you wish to join the strike. WE ARE CHANGE!!! tinyurl.com Constitution Class taught by The 2004 Libertarian Presidential Candidate, Michael Badnarik teaches his famous class about the Constitution.... tinyurl.com ronpaulaustin.com ronpaul.meetup.com ronpaulaustin.com lighthouse57.com Dr. RON PAUL, BIOGRAPHY - en.wikipedia.org ronpaul2008.com