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

To: TobagoJack who wrote (98925)	3/2/2013 7:10:35 AM
From: cmg	2 Recommendations Read Replies (2) \| Respond to of 219951

You might get your wish, 3 digit gold. More time to accumulate, mine and collect imo. Gold Sales 10 Tons per Day Posted on March 1, 2013 by Armstrong Economics Reply The hate mail from die-hard Goldbugs is just endless. People seem compelled to always blame someone else for their own misguided ideas. I have said it plenty of times, between 1970 and 1974 gold rallied from $34 to about $200 on the whole theory of inflation, fiat money, we just abandoned the gold standard in August 1971. All those same fundamentals thrown around today existed then. But gold peaked, fell by about 50% to $100 in 1976, and you know what – the fundamentals were still the same – fiat. Then gold fell for 19 years after 1980 – the same fundamentals they argue today to buy gold applied then as well. Gold dis not decline because I said so. It declined on schedule after a 13 year rally. It would do so regardless of what I said. The decline ALWAYS comes when the majority are wrong. So stop the conspiracy theories. Review what you are listening to – that is your mistake. Granted, “smart” money trades technically and they usually do not want to be betting against our computer, which calls the shots WITHOUT passion or bias. The point is, all those “reasons” to buy gold mean nothing! Gold is the hedge ONLY against political instability. It is the instrument that will enable you to transition from one currency to the next. Stop blaming me for your own lack of independent thinking. Wake up. All that talk of fiat I have said numerous times is bullshit. Asia has ALWAYS had fiat currencies since 240BC. There is a lot more to it than that.According to the Mining News, “Investors are dumping over 10 tonnes PER DAY.” When we break 1540 level, then we will really see the weak-longs hurled out of the tree. This is necessary like going to bed. You wake up refreshed. NO MARKET goes straight up. Everything rises and falls.

To: TobagoJack who wrote (98925)	3/2/2013 12:42:08 PM
From: dan6	1 Recommendation Respond to of 219951

I enjoy your mining updates. They read like a novel. Keep 'em coming! May Shangdi be with you! -d.

To: TobagoJack who wrote (98925)	3/2/2013 12:45:54 PM
From: Maurice Winn	4 Recommendations Read Replies (1) \| Respond to of 219951

This does seem like living on Easter Island, back in the day during the moai era. The gold culture has taken hold and people are spending their lives digging up rocks to stack up and admire as though it's the best thing they can possibly think to do. Turning oil into gold is a popular activity: <(3-iv) figurings for grinding balls, cyanide, hydrochloric acid, caustic soda, hydrated lime, carbon, and diesel, lots and lots of diesel (3-v) reckonings for some god's-work machine termed the 'albion process' that calls for ungodly amount of electricity, oxygen, and something called flocculent, whatever that be > Turning oil into gold via rocks does seem like a huge amount of work to simply decide how many hens somebody should give somebody else in exchange for a Qualcomm Krait powering an Apple Cyberphone on a Zenbu wifi connection or Globalstar uplink. For some reason the gold bugs think the wheat growers, chicken and egg sellers, Qualcomm deVice makers, Globalstar uplink managers and Zenbu zeitgeist producers should consult the people who spend their days turning oil into gold. It would make as much sense for the people doing useful things to pay Barack Obama to advise them on relative values, while paying him a third each of what they each produce. But they vote to continue doing so, time after time. The POTUS plays them for a fool and plays golf with his buddies. He is going to sequester them. He tells them that anywhere in the world they go, they remain his chattels to fleece and milk. They think that's a great idea so vote for him again. It's not just the diesel which is made from oil. The electricity, oxygen, flocculant, lime, carbon and chemicals are made from oil too. We of the oil industry were very happy to visit people in the manly mining industries. The excavator was my favourite as they would drive around flat out turning oil into CO2, which was much easier than turning oil into gold and the CO2 was actually useful, being plant food. It seemed remarkably generous of miners to pay me [in the oil industry] so that they could spend all day producing CO2 to feed the crops which feed me. It was a win win Winn arrangement. Some farmers would cut out the middle man excavator driver and buy fuel from me to burn to heat and feed their glass house crops. Decades ago, the Onehunga Borough Council sucked water out of the ground and used flocculant aka alum to flocculate the goop out of the water to make it potable. My friend was the waterworks engineer. I was the construction engineer [involved with excavators, rollers, stormwater and whatnot]. Then I got into the oil industry which was a great business to be in. Then into Cyberspace via Qualcomm and now the Zenbu zeitgeist where gold is good for antenna connectors but not much else. Zenbu zone operators print their own money from the Zenbu servers = The simply login select values and number of access vouchers and click 'print'. Hey presto, money appears out of Cyberspace via a printer. It takes just a few seconds to produce 10 x $100 vouchers with a unit cost of not much paper and very little ink. They do have to also provide some internet connection but gigabytes these days are cheap enough. It might be that clicking "print" is a more economical way to produce money than by spending a fortune turning oil into gold via rocks in the hinterlands of Australia. May your days be sunny and your gold get flocced. It's a chicken and egg situation, in a Zenbu zeitgeist. Don't count your chickens before your eggs have hatched. Mqurice