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


To: carranza2 who wrote (58244)11/24/2009 1:08:57 AM
From: Maurice Winn2 Recommendations  Read Replies (2) | Respond to of 218055
 
Don't get too excited too quickly C2. I remember the previous gold mania of the late 1970s, and don't forget Bunker Hunt and brothers cornering the silver market. It was supposed to be the same as is happening now, but it all turned to custard and for the next 20 years, the gold and silver bugs suffered. Now they are having a revivalist second coming and rushing up the mountains to avoid The Rapture.

30 years ago, when it was happening, people who are 40 now were only 10 so would have no memory of it to speak of. Even those who are 50 now would largely have been too busy chasing girls and drinking booze to have paid much attention.

Most of those who are 60 wouldn't have noticed much more than lines of cars for gasoline and zooming fuel prices and not many would have been astutely paying attention to gold, money, the meaning of it all and the deficits would have been an abstract thing mentioned in dispatches of which they had no knowledge.

Some of us have a feeling of deja voodoo. Seen it all before. Gold going to da moon? Yeah... yawn... end of the world... ho hum. Some of us are old enough to remember when the end of the world was seriously discussed and strontium 90 rained down on us from atmospheric testing and polluted grass and therefore cow milk.

Gold at $2000 an ounce - ho hum. I calculated that a few years ago right here in SI and that was in 2003 or 2004. If gold was to largely replace US$, then it would be more like $10,000 an ounce and searches of SI would find the discussions.

Some of us remember when inflation was galloping along at 10% and 20% with step change devaluations regularly at 10%, 15% or more before the NZ$ was floated in 1984.

While there are a few $trillion in wobbly money to be accounted for with few visible means of support, it's not Game Over yet.

Mqurice



To: carranza2 who wrote (58244)11/24/2009 6:32:15 AM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 218055
 
what the usa no longer value, freedom, vancouver picks up the standard, just in in-tray

Tax Planning With Vancouver’s International Financial Centre with guest speakers:
Bruce Flaxman, President of IFC BC, and Barry Macdonald, Partner PricewaterhouseCoopers Vancouver

Date: Tuesday, December 1, 2009
Time: 6:30 - 8:00 pm
Venue: Canadian Chamber of Commerce Boardroom, 1301 Kinwick Center, 32 Hollywood Road, Central
Price: Members: $200 Non-Members: $250 Prices include drinks and snacks

A hidden gem, the International Financial Centre BC is positioning Vancouver as a tax free zone for international financial activities. With an IFC corporate tax rate of 15% in 2012 and a 5 year partial personal tax holiday, investment managers and administrators are taking a hard look at Vancouver’s IFC. Multinationals and financial institutions are already taking advantage of the IFC and Vancouver’s strategic position as an Asian Gateway into North America .

Who Should Attend:
Multinationals with treasury operations in North America
Asian financial services organizations with operations in North America

Hedge and Private Equity Funds with management and administration needs in North America