SI
SI
discoversearch

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: carranza2 who wrote (77526)8/10/2011 7:03:32 PM
From: Cogito Ergo Sum  Respond to of 218653
 
C2 big miners up here finally look like they want to start a good trend..

I've been reticent to hold the miners but today sure looked like all they want to do (finally) Is Act Naturally :O)
Message 27560383

Maybe China will just buy Europe :O)



To: carranza2 who wrote (77526)8/10/2011 8:20:38 PM
From: TobagoJack  Read Replies (1) | Respond to of 218653
 
circa august 7 2002, what i read that day Message 17845730

where the maestro uttered ...

"A possible further side benefit of the existence of gold notes is that they could set a standard in terms of prices and interest rates that could put additional political pressure on the administration and Congress to move expeditiously toward non-inflationary policies. Gold notes could be a case of reversing Gresham's Law. Good money would drive out bad.



Those who advocate a return to a GOLD STANDARD should be aware that returning our monetary system to gold convertibility is no mere technical, financial restructuring. It is a basic change in our economic processes. However, considering where the policies of the last 50 years have eventually led us, perhaps there are lessons to be learned from our more distant GOLD STANDARD past."

THEY are not done wasting the old bad money, and so they shall not allow the ushering in of the good new money. Between the two monies, invariably per history, there must be the AS GOOD AS GOLD STANDARD interim money to bridge the darkest interregnum.