Mark, I obviously have not got the ability to check Lars work, but it looks/sounds good to me.

If it is true, these are unbelievable revelations.

Many thanks for the clarification, Market!

Yes they did make him look like that Chris.

Gold is highly liquid.
http://www.kitco.com/news/2014-06-19/WGC-Gold-Highly-Liquid-Among-Alternative-Assets.html

Gold is superior to oil for wealth storage precisely because it doesn’t get used up. It doesn’t lack utility at all. What it lacks is utility that is widely understood.

“…According to Carl Menger, subsequent units of a commodity are valued less by the economizing individual than units acquired by him earlier. This is known as the Principle of Declining Marginal Utility. If we rank commodities according to the rate of that decline, then we shall find that the marginal utility of one of them declines more slowly than that of any other. The commodity with this property is none other than gold. In fact, the marginal utility of gold declines so slowly that it is practically constant. It follows that gold hoarding must be limited by something other than declining marginal utility so that demand for it may not become arbitrarily large, and gold coins may stay in circulation. The fact is that demand for gold is limited by the positive rate of interest channeling gold into monetary circulation, away from hoarding. This makes gold the corner-stone of both the theory money and the theory of interest.”

http://www.24hgold.com/english/contributor.aspx?article=1549533386G10020&contributor=Robert+Blumen

I agree but there’s a pile more things that do a better job.

My point is you are getting gouged in and out.

The dollar is the king of fiat currencies because the U.S. had the most gold after WW2. He who has the gold (not dollars) rules.
For long term “buy it and forget about it” savings, nothing protects purchasing power like gold.
Like any asset, it’s important to buy right. Those who went to fiat cash when stocks peaked in 2000 have lost a lot of purchasing power. Those who went to gold have gained purchasing power. Therefore, storing dollars was expensive —even without storage fees.

“And since gold is the sixth-most heavily traded financial asset in the world – behind three currency pairs involving the U.S. dollar, U.S. Treasuries, and Japanese government bonds – gold is clearly the most liquid of all liquid alts!”
http://dailyalts.com/gold-liquid-liquid-alts/
“Further, during 2011 when liquidity was particularly high, daily volumes surpassed US$240 billion, according to the London Bullion Market Association. In other words, gold’s liquidity in the OTC market rivals major currency pairs and surpasses all U.S. stocks combined.” —From the Kitco article linked above.

Most people are going to learn about the importance of gold the hard way. I have no doubt about that at all.

The funny thing is I don’t know anyone that’s wealthy that own any real amount of gold the folks I know $5mil to &25m. Someone should tell them that they had done it all wrong the past 40years.
Energy is far more important to countries than hold these days. One who has it has a strong foothold.

It’s not that you’re acquaintances have done anything wrong in building their wealth; it’s that they have blind spots with respect to protecting it now that they have. There are many ways to make money that do not require any expertise on money itself. I consider it very, very bullish that so few own gold —even among those with a higher net worth.

It’s not an “either/or” proposition, but gold does look a little expensive right now when priced in oil. An ounce of gold was worth about 6 barrels of oil in the summer of 2008. Right now an ounce is worth over 24 barrels. The 40 year average is 15 barrels. I like the gold miners infinitely more than gold at the moment.
http://stockcharts.com/h-sc/ui?s=$GOLD:$WTIC&p=D&yr=0&mn=7&dy=0&id=p80002103615&a=378337402&listNum=1
Gold represents stored energy. Countries that have plenty of it will have no problem obtaining oil —at 24 barrels per ounce! When the economy turns ugly, gold is much better to have than oil.

http://stockcharts.com/h-sc/ui?s=$GOLD:$WTIC&p=M&st=1981-09-07&en=today&id=p61642187752&a=366698528&listNum=1

No porblem man. I understand 🙂

OK Bird, doesn’t help Im a little dyslexic. lol

Did not no that Burns

Following is a list of United Nations Security Council resolutions directly critical of Israel for violations of U.N. Security Council resolutions, the U.N. Charter, the Geneva Conventions, international TERRORISM, or other violations of international law.

The United Nations Security Council Chamber in New York

Res. 57 (Sep. 18, 1948) – Expresses deep shock at the assassination of the U.N. Mediator in Palestine, Count Folke Bernadotte, by Zionist terrorists.

Res. 89 (Nov. 17, 1950) – Requests that attention be given to the expulsion of “thousands of Palestine Arabs” and calls upon concerned governments to take no further action “involving the transfer of persons across international frontiers or armistice lines”, and notes that Israel announced that it would withdraw to the armistice lines.

Res. 93 (May 18, 1951) – Finds that Israeli airstrikes on Syria on April 5, 1951 constitutes “a violation of the cease-fire”, and decides that Arab civilians expelled from the demilitarized zone by Israel should be allowed to return.

Res. 100 (Oct. 27, 1953) – Notes that Israel had said it would stop work it started in the demilitarized zone on September 2, 1953.

Res. 101 (Nov. 24, 1953) – Finds Israel’s attack on Qibya, Jordan on October 14-15, 1953 to be a violation of the cease-fire and “Expresses the strongest censure of that action”.

Res. 106 (Mar. 29, 1955) – Condemns Israel’s attack on Egyptian forces in the Gaza Strip on February 28, 1955.

Res. 111 (Jan. 19, 1956) – Condemns Israel’s attack on Syria on December 11, 1955 as “a flagrant violation of the cease-fire” and armistice agreement.

Res. 119 (Oct. 31, 1956) – Considers that “a grave situation has been created” by the attack against Egypt by the forces of Britain, France, and Israel.

Res. 171 (Apr. 9, 1962) – Reaffirms resolution 111 and determines that Israel’s attack on Syria on March 16-17, 1962 “constitutes a flagrant violation of that resolution”.

Res. 228 (Nov. 25, 1966) – “Deplores the loss of life and heavy damage to property resulting from the action” by Israel in the southern Hebron area on November 13, 1966, and “Censures Israel for this large-scale military action in violation of the United Nations Charter” and the armistice agreement between Israel and Jordan.

Res. 237 (Jun. 14, 1967) – Calls on Israel “to ensure the safety, welfare and security of the inhabitants where military operations have taken place” during the war launched by Israel on June 5, 1967 “and to facilitate the return of those inhabitants who have fled the areas since the outbreak of hostilities”.

Res. 242 (Nov. 22, 1967) – Emphasizes “the inadmissibility of the acquisition of territory by war”, emphasizes that member states have a commitment to abide by the U.N. Charter, and calls for the “Withdrawal of Israeli armed forces from territories occupied” during the June 1967 war.

Res. 248 (Mar. 24, 1968) – Observes that the Israeli attack on Jordan “was of a large-scale and carefully planned nature”, “Deplores the loss of life and heavy damage to property”, “Condemns the military action launched by Israel in flagrant violation of the United Nations Charter and the cease-fire resolutions”, and “Calls upon Israel to desist from” further violations of resolution 237.

Res. 250 (Apr. 27, 1968) – Considers “that the holding of a military parade in Jerusalem will aggravate tensions in the area and have an adverse effect on a peaceful settlement of the problems in the area” and “Calls upon Israel to refrain from holding the military parade in Jerusalem which is contemplated” for May 2, 1968.

Res. 251 (May 2, 1968) – Recalls resolution 250 and “Deeply deplores the holding by Israel of the military parade in Jerusalem” on May 2, 1968 “in disregard of” resolution 250.

Res. 252 (May 21, 1968) – “Deplores the failure of Israel to comply with” General Assembly resolutions 2253 and 2254, considers Israel’s annexation of Jerusalem “invalid”, and calls upon Israel “to rescind all such measures already taken and to desist forthwith from taking any further action which tends to change the status of Jerusalem”.

Res. 256 (Aug. 16, 1968) – Recalls Israel’s “flagrant violation of the United Nations Charter” condemned in resolution 248, observes that further Israeli air attacks on Jordan “were of a large scale and carefully planned nature in violation of resolution 248”, “Deplores the loss of life and heavy damage to property”, and condemns Israel’s attacks.

Res. 259 (Sep. 27, 1968) – Expresses concern for “the safety, welfare and security” of the Palestinians “under military occupation by Israel”, deplores “the delay in the implementation of resolution 237 (1967) because of the conditions still being set by Israel for receiving a Special Representative of the Secretary-General”, and requests Israel to receive the Special Representative and facilitate his work.

Res. 262 (Dec. 31, 1968) – Observes “that the military action by the armed forces of Israel against the civil International Airport of Beirut was premeditated and of a large scale and carefully planned nature”, and condemns Israel for the attack.

Res.265 (Apr. 1, 1969) – Expresses “deep concern that the recent attacks on Jordanian villages and other populated areas were of a pre-planned nature, in violation of resolutions” 248 and 256, “Deplores the loss of civilian life and damage to property”, and “Condemns the recent premeditated air attacks launched by Israel on Jordanian villages and populated areas in flagrant violation of the United Nations Charter and the cease-fire resolutions”.

Res. 267 (Jul. 3, 1969) – Recalls resolution 252 and General Assembly resolutions 2253 and 2254, notes that “since the adoption of the above-mentioned resolutions Israel has taken further measures tending to change the status of the City of Jerusalem”, reaffirms “the established principle that acquisition of territory by military conquest is inadmissible”, “Deplores the failure of Israel to show any regard for the resolutions”, “Censures in the strongest terms all measures taken to change the status of the City of Jerusalem”, “Confirms that all legislative and administrative measures and actions taken by Israel which purport to alter the status of Jerusalem, including expropriation of land and properties thereon, are invalid and cannot change that status”, and urgently calls on Israel to rescind the measures taken to annex Jerusalem.

Res. 270 (Aug. 26, 1969) – “Condemns the premeditated air attack by Israel on villages in southern Lebanon in violation of its obligations under the Charter and Security Council resolutions”.

Res. 271 (Sep. 15, 1969) – Expresses grief “at the extensive damage caused by arson to the Holy Al-Aqsa Mosque in Jerusalem” on August 21, 1969 “under the military occupation of Israel”, reaffirms “the established principle that acquisition of territory by military conquest is inadmissible”, “Determines that the execrable act of desecration and profanation of the Holy Al-Aqsa Mosque emphasizes the immediate necessity of Israel’s desisting from acting in violation” previous resolutions and rescinding measures to annex Jerusalem, calls on Israel “to observe the provisions of the Geneva Conventions and international law governing military occupation”, and condemns Israel’s failure to comply with previous resolutions.

Res. 279 (May 12, 1970) – “Demands the immediate withdrawal of all Israeli armed forces from Lebanese territory.”

Res. 280 (May 19, 1970) – Expresses conviction that “that the Israeli military attack against Lebanon was premeditated and of a large scale and carefully planned in nature”, recalls resolution 279 “demanding the immediate withdrawal of all Israeli armed forces from Lebanese territory”, deplores Israel’s violation of resolutions 262 and 270, “Condemns Israel for its premeditated military action in violation of its obligations under the Charter of the United Nations”, and “Deplores the loss of life and damage to property inflicted as a result” of Israeli violations of Security Council resolutions.

Res. 285 (Sep. 5, 1970) – “Demands the complete and immediate withdrawal of all Israeli armed forces from Lebanese territory

Sorry Keylime, couldn’t help myself as you state that the Israelis are standing up to the terrorists.

“There is no such thing as a Palestinian people… It is not as if we came and threw them out and took their country. They didn’t exist.”
— Golda Meir, statement to The Sunday Times, 15 June, 1969.

“We walked outside, Ben-Gurion accompanying us. Allon repeated his question, What is to be done with the Palestinian population?’ Ben-Gurion waved his hand in a gesture which said ‘Drive them out!”
— Yitzhak Rabin, leaked censored version of Rabin memoirs, published in the New York Times, 23 October 1979.

“[Israel will] create in the course of the next 10 or 20 years conditions which would attract natural and voluntary migration of the refugees from the Gaza Strip and the west Bank to Jordan. To achieve this we have to come to agreement with King Hussein and not with Yasser Arafat.”
— Yitzhak Rabin (a “Prince of Peace” by Clinton’s standards), explaining his method of ethnically cleansing the occupied land without stirring a world outcry. (Quoted in David Shipler in the New York Times, 04/04/1983 citing Meir Cohen’s remarks to the Knesset’s foreign affairs and defense committee on March 16.)Yitzhak Rabin
Prime Minister of Israel
1974 – 1977,
1992 – 1995

“[The Palestinians] are beasts walking on two legs.”

— Israeli Prime Minister Menachem Begin, speech to the Knesset, quoted in Amnon Kapeliouk, “Begin and the ‘Beasts,”‘ New Statesman, June 25, 1982.”The past leaders of our movement left us a clear message to keep Eretz Israel from the Sea to the River Jordan for future generations, for the mass aliya (=Jewish immigration), and for the Jewish people, all of whom will be gathered into this country.”
— Former Prime Minister Yitzhak Shamir declares at a Tel Aviv memorial service for former Likud leaders, November 1990. Jerusalem Domestic Radio Service.

“The settlement of the Land of Israel is the essence of Zionism. Without settlement, we will not fulfill Zionism. It’s that simple.”
— Yitzhak Shamir, Maariv, 02/21/1997.

“(The Palestinians) would be crushed like grasshoppers … heads smashed against the boulders and walls.”
— Isreali Prime Minister (at the time) Yitzhak Shamir in a speech to Jewish settlers New York Times April 1, 1988

“It is the duty of Israeli leaders to explain to public opinion, clearly and courageously, a certain number of facts that are forgotten with time. The first of these is that there is no Zionism, colonialization, or Jewish State without the eviction of the Arabs and the expropriation of their lands.”

— Ariel Sharon, Israeli Foreign Minister, addressing a meeting of militants from the extreme right-wing Tsomet Party, Agence France Presse, November 15, 1998.

“Everybody has to move, run and grab as many (Palestinian) hilltops as they can to enlarge the (Jewish) settlements because everything we take now will stay ours…Everything we don’t grab will go to them.”
— Ariel Sharon, Israeli Foreign Minister, addressing a meeting of the Tsomet Party, Agence France Presse, Nov. 15, 1998.

“Israel may have the right to put others on trial, but certainly no one has the right to put the Jewish people and the State of Israel on trial.”

I think the question should not be why does Palistine not recognise the state of Israel, the question should be, Why on earth would they?

Bottom line, this situation was never handled correctly. Even my Jewish friends agree with this comment.

Of course I grant you that this is a despicable situation. Who in their right mind can argue with that?

Disagree
there was no such thing as a Palestinian People, you only have to look at their family names to see that most of them originated from all over the Arab world including north Africa. Jews have always lived in that land , whether in larger numbers at certain times in history or smaller numbers. Yassar Arafat their previous leader wasn’t even born there he was born in Cairo.

bb, you failed to mention the Jewish Refugees who numbered over 850,000 whom were made homeless and stateless refugees kicked out or fled for their lives from the Arab speaking world in 1948, also a further 150,000, from Turkey and a further 100,000 from Iran both Islamic but not Arab countries. whereby over 1,000,000 Jews were made homeless. Today over 50% of the entire population of Israel consists of those Jews and their descendants whom originated from the Arab and Islamic world. 20% of the population of israel consists of the Arabs that stayed on in Israel, Muslims, Christians, Druze and Beduins, the rest 30% consist of Jews from all over the world. The Jews never stole any land from the Palestinians, because they never ruled the land, it was for the last 2,000 years ruled by the Romans, the Byzantiums, Arabs, Crusaders, Turks, (The Ottoman Empire) and finally the British) reverting back to the Jews in 1948.

Great points Keylime!

in the history of the world, Palestine has never existed as a nation. The region known as Palestine was ruled alternately by Rome, by Islamic and Christian crusaders, by the Ottoman Empire and, briefly, by the British after World War I. The British agreed to restore at least part of the land to the Jewish people as their ancestral homeland. It was never ruled by Arabs as a separate nation.

here you go bb

The Jewish exodus from Arab lands
By YJ Draiman
01/03/2015

Arabs expelled over a million Jews from Arab countries and confiscated their land and assets totaling over 15 trillion dollars. The Jewish exodus from Arab lands refers to the 20th century expulsion or mass departure of Jews, primarily of Sephardi and Mizrahi background, from Arab and Islamic countries.

The migration started in the late 19th century, but accelerated after the 1948 Arab-Israeli War. According to official Arab statistics, over 989,000 Jews were forced out of their homes in Arab countries from 1948 until the early 1970’s. Some 650,000 resettled in Israel, leaving behind personal property valued today at more than $990 billion. Jewish-owned real-estate left behind in Arab lands has been estimated at 120,000 square kilometers (four times the size of the State of Israel). Valued today at about 15 trillion dollars.

Not abused? I feel like swearing here. You can bet your rear end they were abused.

Patricia Metzger’s campaign to achieve justice sheds light on a little-discussed aspect of the Israeli-Arab conflict: In the wake of the War of Independence and the establishment of Israel, two major population movements took place in the Middle East. The one that is frequently mentioned is the Palestinian exodus, but at the same time almost one million Jews were forced to leave Arab countries where they had lived for hundreds of years. According to official Arab statistics, due to persecution, some 990,000 Jews left those countries from 1948 to the beginning of the 1970’s, and about 610,000 of them were absorbed in Israel. For the sake of comparison, the United Nations data estimate the original population of Arab-Palestinian refugees at 585,000.

Because we had no home for nearly two thousand years, Israel made itself independent of its Arab-British oppressors in 1948. In that year, another great Jewish Exodus occurred, leading to a large increase in the population of Israel and the decimation of some of the oldest Jewish communities on earth.

Jews have lived in the countries now occupied by Arabs since the destruction of the first Temple in 586 B.C.E. Yet, the descendants of these original inhabitants of so many Middle Eastern lands were driven out of their ancestral homes by the religious bigotry and racial animosity of the Arab invaders.

In 1945 there were more than 995,000 Jews living in Arabic speaking countries. Today, there are less than 6,000. Some Arab states like Libya are completely judenrein, i.e., cleansed of Jews, as the Arabs’ best friend, Hitler, liked to say.

About 640,000 of these Jews were absorbed by Israel. Another 360,000 went to Europe, America or Australia. Evidently, then, the refugee problem in the Middle East consists of the failure of the Arab states to compensate these 988,000 for the property and assets they were forced to leave behind.

Examples are Iraq, which once had a Jewish population of 97,000 and now only has less than one hundred Jews left. A good number of Jews left Egypt in 1948. Egypt is the country where Yasser Arafat was born (Arafat is an Egyptian. His real name is Husseinei). There were 81,000 Jews in Egypt in 1948. Yet, in connection with the Egyptian aggression of 1957, more than 27,300 Jews were forced to leave Egypt. Today, the Jewish community in Egypt amounts to only 180. These Jews left assets of $55 billion, for which they should now be compensated.

There are no Jews in Algeria today. That country is also Judenrein. In 1948 there were 160,000 Jews in Algeria. In Morocco, which was the home of 298,000 Jews before 1948, there are today only 5,700 Jews. Similar decimation occurred in Syria, Tunisia, Yemen and other Arab states. The governments of the these countries forcibly expelled all Jews, who then increased the Israeli population. From the Arab point of view that was indeed as stupid a policy as the Arab incitement of the Russian population against the Jews in that country. That anti-Jewish campaign by the Arab agitators led to the arrival in Israel of over a million Russian Jews. Many of the Jews were engineers and scientists of the first order. This helped Israel a great deal. Now the Arabs are making life miserable for the Jews of France and Belgium. There are over 750,000 Jews in France. If the Arabs keep up their attacks on these European Jews then Israel will again absorb a large contingent of Jews forced to flee France (and Belgium).

The Jewish exodus from the Arab lands was dramatic. Many Jews fled on foot while others were rescued by “Operation Magic Carpet.” This consisted of bringing 56,000 Yemeni Jews to Israel by plane.

It is evident, therefore, that the “refugee problem” in Israel consists of the failure of the Arabs to pay compensation to the one million Jews who were driven out of their homelands by the Arab hate mongers.

And There were riots prior to Israel existing. Simply wounding or killing Jews because there was a chance that Israel would exist.

Go on. Tell me that 5 Times the land of Israel taken from Jews and 990 Billion dollars in personal assets and Jewish-owned real-estate left behind in Arab lands has been estimated at 120,000 square kilometers (four times the size of the State of Israel). Valued today at about 15 trillion dollars isn’t “Abusing” them . Its just your regular old nationalizing right? No racial hatred at all I am sure. Not to mention they were productive citizens who had no interest in moving to Palestine or they would have already done so (and wouldn’t have been so bloody rich) “If you can’t get rid of the skeleton in your closet, you’d best teach it to dance.” – George Bernard Shaw (1856-1950)

Text of Law drafted by Political Committee of Arab League

1. Beginning with November 28, 1947, all Jewish citizens of (Name of Arab Country) will be considered as members of the Jewish minority State of Palestine and will have to register with the authorities of the region wherein they reside, giving their names, the exact number of members in their families, their addresses, the names of their banks and the amounts of their deposits in these banks. This formality is to be accomplished within seven days.

2. Beginning with (November 28, 1947), bank accounts of Jews will be frozen. These funds will be utilized in part or in full to finance the movement of resistance to Zionist ambitions in Palestine.

3. Beginning with (November 28, 1947), only Jews who are subjects of foreign countries will be considered as “neutrals”. These will be compelled either to return to their countries, with a minimum of delay, or be considered as Arabs and obliged to accept active service with the Arab army.

4. Jews who accept active service in Arab armies or place themselves at the disposal of those armies, will be considered as “Arabs”.

5. Every Jew whose activities reveal that he is an active Zionist will be considered as a political prisoner and will be interned in places specifically designated for that purpose by police authorities or by the Government. His financial resources, instead of being frozen, will be confiscated.

6. Any Jew who will be able to prove that his activities are anti-Zionist will be free to act as he likes, provided that he declares his readiness to join the Arab armies.

7. The foregoing (para.6) does not mean that those Jews will not be submitted to paragraphs 1 and 2 of this law.

bb please read above

The History of the Jews in Algeria refers to the history of the Jewish community of Algeria, which dates to the 1st century CE. In the 14th century, many Spanish Jews emigrated to Algeria following expulsion from Spain and Portugal; among them were respected Jewish scholars, including Isaac ben Sheshet (Ribash) and Simeon ben Zemah Duran (Rashbatz).[1]

Following Algerian independence in 1962, almost all of Algeria’s Jews, having been granted French citizenship in 1870, left with the pied-noirs. The vast majority moved to France, and the rest moved to Israel. Those who remained resided mostly in Algiers, while some settled in Blida, Constantine, and Oran. ( so much for judenrein in Algeria)

In the 1990s, the trials of Algerian Civil War led to the emigration of most of the remaining Jews. A decisive event was the rebel Armed Islamic Group’s 1994 declaration of war on all non-Muslims in the country. That year Jews abandoned the Algiers synagogue.

As with Iran 1948 is suspect in Algeria as well. Gotta wonder how accurate the story is.
Altho in Iran, the Iranians were very cautious and wary of Zionists and they did take measures to “root them out”

I checked Iran and Algeria, either the info Ive found is completely wrong or yours is.
I still find the year 1948 suspect, why wouldn’t the Jews have been turned over to the Germans in the 40s if arabs intended to drive them out?
Just doesn’t make sense keylime.

The 2500 years ago stuff I think can be discounted now, I notice your author talks about bigotry and prejudice but more likely religion had nothing to do with it, the area was being invaded. Well, Im sure invaders used whatever they could to create dislike for the “enemy” tho.

Im sure there is some truth to the story, Jews have been chased around forever, even Naustradomus was chased by the Christians as he didn’t get sick during the plague and he cured 2 cities I believe.
Actually, the Jews didn’t get sick as they were clean and the Christians were filthy people at the time.
Naustradomas basically used common sense to fix the cities, cleaned the steets etc and prescribed Rosehips I think, vitamin c in them. Not sure if Im remembering the right plant tho.

I kept raeding, your article was sure right about Lybia and Iraq. Iraqi jews considered themselves arabs that happened to be jewish.
It seems to me the anti semitism that happened originated in Germany, prior, things were peaceful.
Just as in Germany Jews swore to be loyal Germans displaying medals from the first war etc Jews did the same thing in Iraq, swearing to be loyal Iraqis, obviously didn’t do them any good.

Interesting, 2017 a rally begins? My thinking has been 2020-2025 for awhile now..
For a “payoff” in PMs that is.

Birdman…do you think that rally will be the one above $2300 adjusted for inflation? If his low is scheduled between Q4 -2015 and Q1-2016 that will give the gold train plenty of room to make the move.

Very sorry to hear that Tony. Nothing could be more depressing.

Sorry to hear that

Really pleased for your Birdman. It’s just a divine fluke that my wife of forty years has stuck with me!! lol., A

Me too Bird! My second, but definitely my first choice, has been with me a bit over 40 years! Thank you Jesus!

More than enough said, Tom!

Sad but true, Matthew!

Very True Matthew but all things change. Its irrelevant in the big picture. Its can seem corrupt compared to the past but others come from countries that have a much lower standard of living and it is the land of opportunity for them. It has low housing cost and a high quality of living on average. Many will continue to prosper despite of fools of the past getting caught up in financial distortions…..

MATTHEW YOU REALLY NAILED BUDDY! DANG I WOULD LKE TO MEET YOU….its like I am looking in the mirror!!..except your exceptional trading talent!

Marc, I’m pretty sure my trading talent is not exceptional. 🙁
…But it works.

They should be, Bill.

Regarding gold, it is pretty easy to identify the white shoe sales folks and that I s part o f what I meant.

The second part is that I am not a total gloom and doom person who puts all his/her capital in the metals sector. I have a portion of our assets there that could help us in the event of a currency collapse.

Thirdly, I am a very strong believer in diversification. As far as the hard asset sector is concerned, I personally like the stock based on hard assets better because I think that I understand them.

No I think you are on top Al!!
Just seeing comments of predictions of possibility PM stocks of 5000% gains is dream land.
Just checked the Loonie against the Dollar and the dollar is bashing to new highs! It keeps surprising….but not a happy surprise for me…Id like to see a re-tracement to buy some real estate in another country the uses the US buck.

Have to agree. Not a good time at all for Canadians to be looking in Semiahmoo.

I only referred to my exchange rate DT, not any purchases of gold.

Like you? Like the guy who has been calling all sellers “dumb money” for the past two years while he never made a rotten nickel on a short? Yeah….we all need to be like the chart queen and blow more smoke up each others you know what.

Take your meds boy.

If only that could fix your problems!!! Ha Ha Ha!!!

If you take enough of them, it could! 😉

Compare DXY and GLD on a six-month chart.
They’re rising together, in fits and starts.

Yes, I’ve noticed that. I actually don’t doubt your first comment.

I hope Alberta does not collpase since I got several properties here. However, Alberta was booming in the 90s before the oil boom. Hope the hit is not that bad. There are several times like this, the heaviest hit was in the 1980s. Then there were 1990 , 1998 and 2008 and it was not bad. Hope weaker dollar can help too.

The problem with Canada is that we don’t help each other as provinces and yet we want to suck the blood out of each other. If BC allows Alberta to build a pipeline, we should be able to enjoy $9 gas and $70 oil in Asia. It is always a lot higher there. As long as we can transport the oil/gas to the port, we can sell at higher price. If Alberta gets in trouble, there is no more “have” provinces in Canada, every one is “have not”. I am not sure where the transfer money comes.

Hope Alberta can receive some money from other provinces. Why cann’t we help each other? Stand together we are strong. Otherwise we fall. Alberta never creates any trouble for other provinces and it is perfectly OK for others to work hard to achieve the same result. The problem is that other provinces are more socialistic. It would be nice if we become more capitalistic, including Alberta.

I remember in the 90s, BC was better than Alberta economically and somehow they voted NDP. I said at the time, they were going to suffer. It was a no-brainer.