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Steve Netwriter

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  1. BLAGO : Legitimacy Dwindles By : J.H. Kunstler "Rod Blagojevich trying to desperately dodge a racketeering rap behind an implausible hairdo. Legitimacy Dwindles By : James Howard Kunstler http://www.24hgold.com/news-gold-silver-Le...Howard_Kunstler
  2. There appears to be a range of opinion. At one extreme is the view that there are no conspiracies, no manipulation, no cartels, no grand plans, no government lies, no secret societies, no secret handshakes, no media bias or selective reporting. At the other extreme, everything is a conspiracy, and no one and no news can be trusted. I presume that somewhere in between is the true picture. From experience, when you start investigating this, you can be drawn further into the web of conspiracy theories. The question is, how do you tell truth from fiction ? How do you know where to stop. Where to draw the line between plausible theories, and lunatic theories ? What are the possible conspiracies ? If we consider each one either true or false, how does that affect our decision making for our futures ? Please respect the right of others to have different views. Discuss
  3. I thought this is such an important and interesting subject that it deserves its own thread. This article, an interview with Ted Butler, is absolutely fascinating for anyone interested in investing in gold/silver. TED BUTLER COMMENTARY May 20, 2008 TED BUTLER INTERVIEW http://www.investmentrarities.com/05-20-08.html
  4. Ed Griffin's Explorations into Truth Author of "The Creature from Jekyll Island" ============================ G Edward Griffin / http://gedwardgriffin.com Reality Zone link: http://realityzone.stores.yahoo.net Unfortunately the videos on <a href="http://www.rzyoutube.com/" target="_blank">http://www.rzyoutube.com/</a> do not appear to be working. If they were, I'm pretty sure they would be extremely interesting. The Creature from Jekyll Island - A Second Look at the Federal Reserve by G Edward Griffin - 71 min - Sep 24, 2007 (56MB) "Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It sounds like a detective story, which it really is, but it's all true. Based on Mr. Griffin's book of the same title, this address will shatter your old ideas about money and change the way you view the world. 1998 lecture" http://video.google.com/videoplay?docid=-8484911570371055528 Rare year 1982 video with G. Edward Griffin & Norman Dodds #1 Edward Griffin interviews 83 year old Norman Dodds in the year 1982 in a rare interview that exposes the New World Orders infiltration by large corporations that are merging the USA into a world government(New World Order). He explains the infiltration of banking and the infiltration of the public education system. Dodd served as an investigator for Congressman Reece's Special Committee on Tax Exempt Foundations (commonly referred to as the Reece Committee). Norman Dodds: "We will never see sound banking in the US again." : : : :
  5. Steve Netwriter

    Safety deposit boxes

    I've noticed a couple of news items on this recently. I thought it was a topic worth following, and follows on to the question of confiscation of gold/silver. So lets follow this and see where it leads. First there was this one: Safety deposit box raids yield £1bn of drugs, cash and guns http://www.telegraph.co.uk/news/uknews/206...h-and-guns.html That must be nice for people who have legally stored their valuables there !!! Also here: http://news.bbc.co.uk/2/hi/uk_news/7431919.stm and now this: Not-So-Safe-Deposit Boxes: States Seize Citizens' Property to Balance Their Budgets http://abcnews.go.com/GMA/story?id=4832471&page=1
  6. There has been a lot of talk of a possible "bank holiday". The thing is, if that just happened, it would be very difficult for many many people who were totally unprepared. So, if such a thing was being prepared, when would be a good time ? It would be when people would already be well stocked up on food, and when people didn't normally have to travel and work so much. A time when things tend to shut down anyway. A time when banks tend to shut down for a while. Is there such a time? Is it close? Can you think of one ? Yes, over the "winter holiday". Christmas/New Year. What do you think ?
  7. Gerald Celente, Outspoken Truth Teller . The Greatest Depression / *AUDIO* http://www.howestreet.com/audio/geraldcelente23122008.mp3 from: http://www.howestreet.com/audiovideo/index...ediaplayer/1065 QUOTE Mr. Celente long ago warned of the economic malaise that is gripping the planet - but he does have some good news. A really interesting audio.
  8. TRENDS Journal: Gerald Celente Forecasts & Interviews original title: Fox Business: Gerald Celente Predicts Revolution 11/10/08 ========================== QUOTE / From Daily Paul: I was shocked that Fox would air such a segment. They mentioned that before 2012: 1. America will be the first undeveloped country 2. Revolution, food shortages, riots, marches 3. Food instead of gifts for Christmas Seriously, I was shocked. The segment lasted for more than 6 minutes. He said things like parents shouldn't send their kids to get business degrees or psychology degrees and send them to community colleges to learn a real skill. He kept implying that food will become the most important thing for us. He said the retail industry will die off completely but local markets will thrive. The host even introduced him as a guy who's "predictions always come true". Gerald Celente's website: http://www.trendsresearch.com/
  9. Elizabeth Warren Goes to Washington / "Wall St's Worst Nightmare" First, a law professor. Then, a defender of the Middle Class. A regulator, and now a Senator. Elizabeth Warren is becoming a Powerful and necessary voice with in Washington. Intelligent, and seemingly incorruptible, is she "exactly what the country needs"? ======== -Dr Bubb's comment, as several threads are combined. (Steve Netwriter's original post): The Coming Collapse of the Middle Class by Elizabth Warren This is far too good to be lost in the gold thread. Many thanks to UpTheKhyber. It is well worth watching. QUOTE (UpTheKhyber @ Mar 30 2009, 09:05 AM) Magpie raised the question some time ago as to whether American wages really were lower in real terms than in the 70's. Well, here's an answer not involving pulling figures off the internet; straight from a Commercial Lawyer presenting to UC Berkely, using government stats: http://www.youtube.com/watch?v=akVL7QY0S8A It's an hour long lecture, but if you skip the first 5 minutes or so to get to the actual lecture it's well worth an hour of your time. Elizabeth Warren is on the money with many of the points regarding social issues that have been discussed on this site in the past, providing government stats to give backing to her points. General topics covered (all figures given inflation adjusted): . Median fully employed male wage earner now paid $800/year less . Median two-parent family earns more, but nowhere near twice as much. . A large part of the increase in family income have been taken up by increases in the price of housing (which has doubled in price in real terms) . Extra expenses such as child care and the need for an extra car (with a nod to Dr Bubb's theme of the malinvestment of suburban living) have robbed the rest of the income. . Huge increases in cost of healthcare (and what you get for you money) and the increase in baseline education to now include pre-school and graduate degrees (for the same crappy jobs which never needed them before). . In fact, even with decreased spend on everyday purchases such as food and clothing, household have had to sacrifice so much to the credit monster that they now spend more than they earn vs a surplus giving saving rate which was some 10% (IIRC) in the 70's. And that's with two wager earners: families with one wage earner don't stand a chance. . The inability of today's families to withstand economic shocks such as unemployment and sickness has led to huge increases in personal bankruptcies (which is where Elizabeth comes into contact with them). All of it nothing new to readers of this site I'm sure, but the numbers behind the issues are chilling to say the least. Truly shocking how the richest society in the world has been eaten alive within a generation to feed the bankers (and CEOs) bonuses. P.S. She also continues in the same vein here: http://www.youtube.com/watch?v=S1Uk-DwUvJw ===
  10. You cannot get much better than this ! Open Yale Courses http://oyc.yale.edu/ Courses cover: Astronomy, Biomedical Engineering, Classics, Economics, English, History, Philosophy, Physics, Political Science, Psychology & Religious Studies There are currently two economics courses available FREE online: ECON 252: Financial Markets (Spring, 2008): http://oyc.yale.edu/economics/financial-ma...ntent/downloads ECON 159: Game Theory (Fall, 2007): http://oyc.yale.edu/economics/game-theory/contents/downloads For each, download the course pages, and then you have the choice of high bandwidth video, medium video and just audio mp3 for each lecture. You even have a transcript for each. If you access the "Class Sessions" you also get the options listed for just that class. eg http://oyc.yale.edu/economics/financial-ma...powerful-forces
  11. Steve Netwriter


    Hi All I thought I'd pop in and see if everyone was jumping off tall buildings lol A bit disapponted by the lack of suicidal tendancies lol Maybe not a very representative group here, too intelligent and knowledgeable. Funnily enough I've not been watching the price of fiat currencies much recently. I guess this is a temporary spike before a massive drop
  12. FAVORITES: Collection of Notable Threads To avoid having too many pinned topics: If you can't find it in this thread, then try this: Full search page: http://www.greenenergyinvestors.com/index....ode=adv&f=0 Often Used Threads General News http://www.greenenergyinvestors.com/index.php?showtopic=4727 The full set of monthly gold threads Gold Trading and Investment, #12: Feb. 2009, Rock, Paper, Scissors - Gold Always Wins http://www.greenenergyinvestors.com/index.php?showtopic=5825 Gold Trading and Investment, #11: Jan. 2009, Gold- "You can't print it- & it is no one's liability. http://www.greenenergyinvestors.com/index.php?showtopic=5471 Gold Investment & Trading - #10 : Dec. 2008, Gold - You can't print it http://www.greenenergyinvestors.com/index.php?showtopic=5226 Gold Investment & Trading - #9 : Nov. 2008, Gold down, but the shelves are empty http://www.greenenergyinvestors.com/index.php?showtopic=4864 Gold Investment & Trading - #8 : Oct. 2008, Panic buying, volatility, and market turmoil http://www.greenenergyinvestors.com/index.php?showtopic=4442 Gold Investment & Trading - #7 : Sep. 2008, Paper sell off or seasonal rise ? http://www.greenenergyinvestors.com/index.php?showtopic=4139 Gold Investment & Trading - #6 : Aug. 2008, Is the summer selloff in CDNX ending? http://www.greenenergyinvestors.com/index.php?showtopic=3910 Gold Investment & Trading - #5 : July 2008, Are Juniors (CDNX) ready to soar with Gold? http://www.greenenergyinvestors.com/index.php?showtopic=3507 Gold Investment & Trading - #4 : June 2008, Will Gold find another bottom at $850 per ounce? http://www.greenenergyinvestors.com/index.php?showtopic=3246 Gold Investment & Trading - #3 : May 2008, Has Gold found a bottom at $850 per ounce? http://www.greenenergyinvestors.com/index.php?showtopic=3142 GOLD Investment, & trading / April 2008 : #2 http://www.greenenergyinvestors.com/index.php?showtopic=2979 GOLD investment discussion / March 2008 Kick-off, Gold, Silver, Property:Gold, Dow:Gold, Gold:Silver, and more http://www.greenenergyinvestors.com/index.php?showtopic=2874 The full set of monthly silver threads Watch Silver - #2: Dec. 2008 http://www.greenenergyinvestors.com/index.php?showtopic=5227 Watch Silver - #1: Nov. 2008 http://www.greenenergyinvestors.com/index.php?showtopic=3520 Can you get physical Gold & Silver ? Your experiences please http://www.greenenergyinvestors.com/index.php?showtopic=3970 Gold & Silver The Beginners Guide to Gold/Silver http://www.greenenergyinvestors.com/index.php?showtopic=3757 The Case For Silver. Lots for you to read http://www.greenenergyinvestors.com/index.php?showtopic=2887 A Short Guide To Buying Coins http://www.greenenergyinvestors.com/index.php?showtopic=3782 CERTIFYING a Document, For a GoldMoney account for example http://www.greenenergyinvestors.com/index.php?showtopic=5802 Gold/Silver Dealers, Please post any you know not listed http://www.greenenergyinvestors.com/index.php?showtopic=5193 Superb new tool to monitor EBAY Gold/Silver prices... Buy/Sell prices by country and region... http://www.greenenergyinvestors.com/index.php?showtopic=5106 Price of Gold Coins against Bars, Am I getting something wrong? http://www.greenenergyinvestors.com/index.php?showtopic=5151 Manipulation in the Gold/Silver, Forex & Other Markets http://www.greenenergyinvestors.com/index.php?showtopic=3214 Tracking the Amount of Gold/Silver Stored, From GM, BV, ETFs http://www.greenenergyinvestors.com/index.php?showtopic=3855 Libor - a key bellwether for the Crisis, Biggest jump in 7 years !!! http://www.greenenergyinvestors.com/index.php?showtopic=4251 Gold Lease Rate 101 http://www.greenenergyinvestors.com/index.php?showtopic=4481 The JIM SINCLAIR thread, Posts and discussions related to JSMineset http://www.greenenergyinvestors.com/index.php?showtopic=4550 Sinclair's Revitalized and Modernized Federal Reserve Gold Certificate Ratio I just don't really buy into it http://www.greenenergyinvestors.com/index.php?showtopic=4022 GOLD BACKWARDATION AND PRICE EXPLOSION IMMINENT, Monster physical short squeeze dead ahead http://www.greenenergyinvestors.com/index.php?showtopic=4530 A little project for all the goldbugs - I would like to work out how gold is NOT a good idea! http://www.greenenergyinvestors.com/index.php?showtopic=7582 Planning for your future What would you suggest? or What would you do? - What CGNAO suggests you do to protect yourselves http://www.greenenergyinvestors.com/index.php?showtopic=3813 Planning for the future, What can you do now in preparation ? http://www.greenenergyinvestors.com/index.php?showtopic=4064 Books about planning for the future, Further education about the potential challenges ahead of us http://www.greenenergyinvestors.com/index.php?showtopic=4080 Survival Kit - For Earthquakes or........ http://www.greenenergyinvestors.com/index.php?showtopic=3178 The UK Bank List, Who owns what, a useful resource. http://www.greenenergyinvestors.com/index.php?showtopic=4664 Outstanding Educational Videos CHRIS MARTENSON Videos with screenshots - Vids 1 to 20 & Latest News ***** THIS IS A "MUST WATCH" TOPIC ***** http://www.greenenergyinvestors.com/index....ic=4005&hl= Krassimir Petrov video collection A passionate interesting speaker http://www.greenenergyinvestors.com/index.php?showtopic=3481 The Khan Academy: Youtube, 600 videos covering maths, finance, the credit crisis and more http://www.greenenergyinvestors.com/index.php?showtopic=4640 *** Open Yale Courses - Free online *** Many subjects including Robert J Shiller Lectures http://www.greenenergyinvestors.com/index.php?showtopic=5168 Outstanding Audios This is an exceptionally good piece of work from Dominic Frisby. IMO A MUST LISTEN. Why Gold Is The Currency Of The Free And Idle Latest CWR - An Exceptional one. A MUST listen http://www.greenenergyinvestors.com/index.php?showtopic=7051 Outstanding Videos Zeitgeist - The Movie & Addendum http://www.greenenergyinvestors.com/index.php?showtopic=4691 Podcasts, ..any recommendations? - a huge list of places where you can listen to interviews http://www.greenenergyinvestors.com/index.php?showtopic=1179 Things to make your forum use better The Overview of Our Poll Threads So we can see how views change over time http://www.greenenergyinvestors.com/index.php?showtopic=3210 what charting software do you use and why? http://www.greenenergyinvestors.com/index.php?showtopic=3143 Posting charts Guide as to how, would be nice? http://www.greenenergyinvestors.com/index.php?showtopic=2899 Can I persuade you to use this ? "View New Posts" - and other useful forum tips http://www.greenenergyinvestors.com/index.php?showtopic=3967 Do you know about this forum feature ? - "Goto Last Unread Post" If not, you WILL want to !!!! http://www.greenenergyinvestors.com/index.php?showtopic=4688 **** You can now post embedded YouTube videos **** http://www.greenenergyinvestors.com/index.php?showtopic=5284 Quick Access to Notable Threads, And other important links http://www.greenenergyinvestors.com/index.php?showtopic=5156 Video Download Software, Players & Converters All legally free options http://www.greenenergyinvestors.com/index.php?showtopic=3489 General Computer Questions/Problems Please ask here, and try to help if you can http://www.greenenergyinvestors.com/index.php?showtopic=4860 Computer Security Ideas on how to stay safe http://www.greenenergyinvestors.com/index.php?showtopic=4859 ### Copyright ### Can we observe it please http://www.greenenergyinvestors.com/index.php?showtopic=4698 Should I just ban some people ?, Views please - This thread contains a variety of views, and is a good guide to any moderators on here http://www.greenenergyinvestors.com/index.php?showtopic=4883 Poll: Freespeech, cdswamp, and commercialisation, suspension vs. more tolerance of abuse here - more guidance for moderators http://www.greenenergyinvestors.com/index.php?showtopic=5526 Moderation Warnings http://www.greenenergyinvestors.com/index.php?showtopic=5172
  13. Old Title: Tracking the Amount of Gold/Silver Stored Merged with: How Much Gold Remains In Fort Knox [ NOT MUCH??? ] Started by Acton Boy, 18 Aug 2010 ======================================= I know some have posted information on gold inventories (the amount of gold held). I wanted that for my recent answer but couldn't find it. Could we keep a track of them here ? style_emoticons/default/biggrin.gif One source is Jim's site for ETFs 11th July 2008: Gold Money Current stocks of gold and money in accounts is available here: http://www.goldmoney...rt-monthly.html kg = kg gold, soz = silver oz Date ---------- kg ------------ soz ----------- Cash 30/04/2008: 7,528kg 6,913,100soz US$30,363,878 31/08/2008: 8,544kg 9,090,053soz US$14,783,017 You can get a much longer record from the audit scans here (for gold and silver): http://www.goldmoney.../en/report.html which takes you here: http://www.goldmoney.../bar-count.html If anyone wants to collect the data ? Bullion Vault It is available here: http://www.bullionvault.com/audit.do Date ----- Kg Gold - Cash: - US$ ----- EU ------- GBP -------- 01/08/2007: 3500kg 01/01/2008: 4906kg 17/01/2008: 5136kg US$9,259,658 EU3,326,113 £8,296,953 23/01/2008: 5357kg US$13,800,959 EU3,853,177 £7,832,031.98 08/02/2008: 5908kg US$6,951,230 EU3,892,929 £6,811,793 31/03/2008: 6828kg US$8,172,452 EU4,130,662 £7,980,284 11/04/2008: 6753kg US$9,425,495 EU4,748,511 £8,012,199 03/05/2008: 7040kg US$7,825,616 EU3,085,488 £8,272,182 15/05/2008: 7141kg US$7,461,736.05 EU3,339,112 £7,755,071 Notes: There was a withdrawal of 185kg of gold (ie out from safe to the owner) during April, so the April dip was not actually a gold sale.
  14. Steve Netwriter

    ### Copyright ###

    Hi guys, I am worried about copyright being broken on here, and DrBubb getting into trouble. Potentially as an admin I believe I am also potentially liable So can we please respect the copyright law. As I understand it it is OK to republish a reasonable amount of an article, whether a single chunk or selected bits, as long as you attribute the source ie include a link I sometimes post entire articles, but only if they say that is OK, or if I believe the source would be happy with that - like when Jim Sinclair posts an urgent warning. I'm afraid this is one area where I will trim posts and add a little comment that I have done so if I think copyright is being broken. We don't want to sink to the level of the bankers do we :lol: (apologies to any bankers out there )
  15. Steve Netwriter

    Gold/Silver Dealers

    A common question. If you post all you know, I will arrange them in the first post by country, and add this to the notable threads list. Useful info: 1. Website 2. Where they ship to 2. Physical address 3. Gold & silver premium and anything else useful please. Ta ===================== Australia AGR Matthey NZ Ltd http://www.agrmatthey.com.au/ Live prices in Aus$ http://www.ausbullion.com.au/liveprices.html The Perth Mint Australia. http://www.perthmint.com.au/ Finland http://www.tavex.fi/ New Zealand New Zealand Mint http://www.newzealandmint.com Sweden http://www.guldcentralen.se/ UK http://www.atsbullion.com/ http://www.bullionvault.com/ http://goldmoney.com/ Baird and Co http://www.goldline.co.uk/bullionCoinsPage.page US Tulving ============== Other web pages with lists: From notanewmeber's blog: http://bullion-central-uk.blogspot.com/200...central-uk.html
  16. Steve Netwriter


    It is lol But measuring anything against a varying/flexible metric is bound to make things tricky and is liable to be unreliable and give a false picture A good metric doesn't have to be gold, it could be a basket of commodities, time averaged to remove short term market variability. I like to watch the price of tins of pineapples lol 99c, then $1.39, then $1.49, now back to $1.39, all in the last few years in Countdown Likewise cheese, was $5, got to about $12.99, now back at around $9.99. So prices have doubled in the past 6 years?! Or more accurately, the purchasing power of the NZ$ has halved?! If the doubling time is 6 years, 70/6 gives 12% per year. Seems a little higher than the official CPI increases lol If "gold has gone up by 23% per year", that's a purchasing power increase of more like 11% per year. Not very much during such a turbulent and dangerous economic period. Methinks there's a lot of catching up to do
  17. Steve Netwriter


    A bit out of date, but my Gold Index, showing how the basket of major currencies have fallen against gold since 2000: I look forward to updating this when a catastrophic change occurs (as in catastrophe theory) I still think this is quite likely
  18. Steve Netwriter


    Hi Romans I see you're in the same time zone A few points from me 1. I don't see "gold as an investment". To me, "an investment" is something you go into in order to try and "make money". I see gold, and to some extent silver, as a way to "not invest", ie to avoid all the speculative investments, whether paper "money", stocks, etc. 2. The Gold charts seem to be following the general trend since 2001. It's rather boring. One day that trend will be broken, and the paper currencies will drop much faster than they have been. 3. I don't see gold appreciating at all. I do see the paper currencies continuing to fall. I haven't created any new charts for rather a long time now lol. Wow doesn't time fly when you're busy on other things! Looks a bit outdated now doesn't it lol It looks like I thought the GoldUS$ rate of change was 23% per year:
  19. Steve Netwriter


    What do they say, "buy when all else are selling" lol It looks to me like we've been through a long enough period of boredom and depression for those who think lines up should be straight I do remember commenting on Jim Sinclair's 1650, and how the GoldUS$ rate went straight through it, but now looking at the chart, maybe he did pick an important level. Onwards and upwards
  20. Steve Netwriter


    Pictures of NZ, tales of a Roman Holiday, and apparently the "Goldbugs" have left? I haven't been following the charts much recently, I just check occasionally. Am I the only one who thinks those charts are screaming one thing? If this was Star Trek, Scotty would be screaming "the pressure is too great Capt'n, she's gunna blow" lol
  21. Steve Netwriter

    Survival Kit

    wren comments made me think about this. I know there are those who think this is just crazy talk. Survivalists, ha, idiots ! Well, the probability may be small, but the consequences would be dire. And for those living in a country prone to earthquakes we are often warned to set up a survival kit so we can get by if the worst happens, because for the first few days there may not be anyone available to help. As you can see from what happened in China recently, having at least enough food and water to survive for a while is potentially life saving. So this covers two potential risks, earthquakes, and economic problems leading to food shortages etc. I've had an interesting time looking for food items. I think things to look for are: 1. Things you'd normally eat, so they won't be wasted when they get close to expiring. 2. Things that have a long shelf life. 3. Things that would survive an earthquake. Like tins. 4. A variety of foods. Meat, vegetables, fruit, carbohydrates, nuts, vitamins/minerals etc. 5. Things that don't need cooking, so you can eat those at the start until you're better set up. Here are some things we've bought: Tins of Tuna, Soup (with meat), Spaghetti, Baked Beans: Tins of Tomatoes and Beetroot: Tins of Pears, Pineapple, Peaches, Rice Pudding: Marmite: Nuts: Cola (which is also very good if you get food poisoning - just flatten it before drinking): Spaghetti: Oats and Rise: What do you think ? Your suggestions would be welcome. I'll add to this as I add things to the kit. An obvious question is, how much and in what proportions would a family need ?
  22. U.S. Mortgage Rates May Wreak Havoc After Libor Gain (Update2) By Kathleen M. Howley http://www.bloomberg.com/apps/news?pid=206...&refer=home The overnight Libor rate in U.S. dollars soared 3.33 percentage points to 6.44 percent today, its biggest jump in at least seven years, according to the British Bankers' Association. The one-week rate rose by more than a percentage point, to 3.88 percent from 2.49 percent on Monday, and the one-month rate increased to 2.75 percent from 2.5 percent. . . Many Libor-linked U.S. mortgages don't limit the size of a loan's first adjustment, with caps of 2 percent on subsequent changes. That means a monthly mortgage bill could double or even triple when it first resets. ======= CHARTS 3 Month Libor =% =========== End.Mar 2.68813 End.Jun 2.78313 End.July 2.79875 End.Aug 2.81063 09 / 05 : 2.81438 09 / 12 : 2.81875 09 / 19 : 3.21000 09 / 26 : 3.76188 10 / 03 : 4.33375 10 / 10 : 4.81875 10 / 17 : /see: http://www.economagic.com/em-cgi/data.exe/libor/day-us3m UP TO DATE : Libor link : http://www.bloomberg.com.au/markets/rates/keyrates.html Compare: Here's Hibor : http://www.bloomberg.com/apps/quote?ticker=HIHD03M%3AINd ======== LIBOR ------------------CURRENT 1 MONTH ------------------------PRIOR 3 MONTH ------------------------------PRIOR 6 MONTH -----------------------------------PRIOR 1 YEAR Fed. Target ... : 2.00 2.00 2.00 2.25 4.75 Prime Rate .... : 5.00 5.00 5.00 5.25 7.75 1-Month Libor. : 4.09 2.49 2.46 2.74 5.12 3-Month Libor. : 4.29 2.81 2.79 2.73 5.24 ::: 4.29% on Oct.6th 5-Year AAA ... : Banking&Finan.: 5.83 4.90 4.80 4.19 5.16 10-Year AAA Banking&Finan.: 7.07 5.86 5.79 5.32 5.71 Daily close-up ... update: http://tinyurl.com/GEI-Libor More Charts, etc : http://www.advfn.com/cmn/fbb/thread.php3?id=18303457
  23. Steve Netwriter

    Towards a more Nuanced view on Gold prices

    Michael, This is the 1st thread I noticed, when popping in yesterday after I guess many months of not visiting. What first came to mind is this question: "When did you stop beating your mother?" That question is one used to demonstrate that sometimes there is no answer, because the question makes no sense (unless you happen to be a mother beater LOL). I've read your questions, and to me they are the wrong questions. I can see why you've picked those questions, because you have your world view, and to you they are the obvious and sensible questions. But, with my world view, they don't make much sense. My starting point would be to look at history and find facts. How did money come about, and what has been used, and what effects did the different systems make? That will put the current worldwide fiat currency system into context. To me, there are a few basic things, which when understood/asked, set the right scene: 1. Is here any such thing as "sustainable growth"? 2. Can the current interest bearing fiat currency system function without growth? If you answer no and no, then one must conclude that the current fiat system will at some time disappear. If it does, what will happen? How best to suffer least from such a change? Is it imminent? If yes, then those who wish to suffer least had better find out how and act soon. History and FOFOA/FOA/A leads me to believe that gold is the best solution. The sensible question to me is not "how high can gold go?", but "how low can the fiat currencies go?". Answer....ZERO. When viewing this, IMO one must look at a reasonable/sensible timescale. 10 years or less? Way too short. 1980 to now? Nope, too short. Try at least 1900 to now, but better to go back 5000 years. I know you view everything from a traders perspective. I'm not a short/medium term trader, I look at trends for about a decade, and act on those. It was real estate, it was shares, it was real estate, it is now the inevitable result of borrowing and spending (what is properly called a period of INFLATION, an increase in the money supply), with the resultant increase in PRICES. If an individual spends more in their early years, there is only one result, they will be poorer in their later years. The same applies to countries. Countries have borrowed from the future, and now there is only one result which must happen, they must be poorer for a while to make up. But, with the worldwide fiat system, can the system survive? There will either be massive devaluation of the currencies or they will collapse. Anyone who understands that gold is not just a commodity, but has served as money for centuries, my father used silver coins in his pocket every day, and richer people used gold coins, that's under 100 years go, yet now people have forgotten and stupidly think gold and silver are just commodities and for speculation. People really have become stupid/ignorant. I think they will learn a lesson soon enough. To talk of gold rampers is laughable. The whole system ramps the fiat system, distorts the truth and hides the way it works, and is vastly greater than a few possible rampers. If a few rampers make people think, good on them. What I say is what I believe. Those who don't agree, fine, those who gain from what I say, good. You have to find your own way in life, make your own decisions and live with the consequences. Something smells and it's getting stronger. Got real physical gold?
  24. Hi Michael Of course, I remember racing around like a fly being chased by an electric fly swat, trying to convert from GBP to Yen as fast as I could arrange it, a couple of weeks before the 248 GBPJPY top, and I remember suffering from vertigo as the chart then DROPPED like a pallet of gold falling off a cliff I missed the very bottom though, but as they say, it's the main move that matters, not the 10% at either end Obviously (well to my way of thinking) the Yen exchange rates have a limit on how far they can go (unless something very drastic happens), as with all the main crosses, so it became time to get out of Yen and just sit on the safer long-term gold and silver.
  25. Cough cough I remember when I was suggesting gold and Yen. GBPJPY was 248. I expected a huge reversal of the carry trade that had built up. Now it's just gold and silver