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Posted by adgag adgadgvadgv on Saturday, October 2, 2010

Folks, check this out!


 


 


http://www.usagold.com/goldtrail/archives/another1.html

ANOTHER ( THOUGHTS! ) ID#60253:


All: I ask you, why did the world go off the gold standard in the early 70s? You have an answer, yes? For all the problems this created, could the countries not just revalue gold upward, to say $300 ( back then ) ? What was the real reason the world entered a period of "freely traded" "managed gold"? "


This question has more impact on the gold market of today than it did then! In days past, it was held as good knowledge that the US stopped gold backing to protect the dollar and keep gold from leaving to other shores.


But, in the same time frame, all central banks did sell gold to all persons, even the US. All treasuries held gold and dollars as reserves. To what end did the world financial system gain with the dollar off gold backing, and then allowed to "dirty float" against all currencies? Would the world not have been better off to find gold revalued to, say $300 and then begin a "dirty float"? Noone would have lost, and the inflation would have , at best, not have been worse!


Truly, I tell the reason for this action. The US oil companies knew that the cheap reserves were found. The governments knew this also. The only low cost oil reserves in the world at this time were in the Middle East, and their cost to find and produce was very low. It was known, that, in time, ALL oil would come from this land. As much higher US dollar prices were needed to allow exploration and production of other reserves, worldwide. But, how to get crude prices, up, when the Gulf States were OK to pump and produce in exchange for "gold backed dollars"? I will not name the gentlemen that brought this thinking to the surface in that era, but it was discussed. It was known that oil liked gold. It was known that "local oil" would be used up without higher prices. What if, the US dollar was taken off the gold standard, and gold was managed "upward" to say, $208 per ounce? The dynamics of the market would force oil to rise and allow for much needed capital to search for the higher priced oil that was known to exist! The producers would find shelter in gold even as the price of oil was increased in terms of a now "non gold dollar"! Price inflation would rise, but gold and oil would also increase. The dollar would continue to be used as the only payment for oil, and in doing so replace gold as the backing for this "reserve currency". All would be fair.


The war in 1973 and the Iran problem did make markets "overshoot", but all did work to the correct end. The result was "a needed higher price for a commodity that was, as reserves, in much over supply by the wrong countries"! It was known that the public would never have accepted this "proposition" as fair. To this end, we have come.




When you attend an event like this weekend’s BlogCon, hosted by Freedom Works, you get to meet people from all around the country. As you trade stories from your local and state communities, it’s fascinating to find out details on issues that get only passing mention in national politics. Races, redistricting, policies, and more that will be decided this year on election day. For me, one thing that caught my attention was Proposition 23 in California.


California is in crisis. It’s in more than one crisis, actually. Just search the blogs for the words California and crisis and a wealth of woes are on display. There are over 2.2. million unemployed statewide, they’re over $20 billion in debt, and have a foreclosure rate that leads the country.


With California in depression, the ridiculous “global warming plan” of AB 32 has got to go. It’s a job-killing, energy price inflating burden. That’s why Prop 23 is so important, and why Carly Fiorina supports it: It would suspend AB 32.



The so-called climate change law will drive California’s energy markets back to 2001. Rolling blackouts and Enron anyone? I doubt anyone is nostalgic. A cap and trade carbon trading ponzi scheme is exactly what Californians don’t need.


Prop 23 can’t end California’s litany of woes. But it is one more thing that voters there can do on November 2nd to, at least, put disaster on hold. Voting for Republicans at the state and national level is another.


If there was one takeaway from being at events like RightOnline and Blogcon in the last few weeks, it is that online activism gives us a unique way to look at the national picture, to see the implications of state decisions on a national scale. There is so much about our nation being decided this fall. And the date is approaching faster than you think. From Delaware to Ohio to California, we are voting on candidates and issues. And some, as in the case of California, will have national implications. I hope our California readers remember this and vote yes on Prop 23 this November. To put Californians back to work, to prevent soaring energy costs statewide, and to show the nation that, even in California, green dreams shouldn’t trump the American dream.



Various <b>News</b> Tidbits - Lookout Landing

Various News Tidbits. ... Various News Tidbits. Tiny by Matthew on Oct 1, 2010 4:25 PM PDT in Miscellaneous � Tweet. 3 comments; Story-email Email; Printer Print. Even Felix's hugs are powerful � More photos » Elaine Thompson - AP ...

Tony Hawk: Shred dated <b>News</b> - Page 1 | Eurogamer.net

Activision's launched an interactive website "that gives players a head start on honing their over-the-top skate and snowboarding skills as they explore new game content, the latest news and much, much more!" Check it out here. ...

As AOL rushes to local <b>news</b>, Examiner.com is already there <b>...</b>

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. ...


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Peachtree Heights East by Conrad Lyles Realtors


Various <b>News</b> Tidbits - Lookout Landing

Various News Tidbits. ... Various News Tidbits. Tiny by Matthew on Oct 1, 2010 4:25 PM PDT in Miscellaneous � Tweet. 3 comments; Story-email Email; Printer Print. Even Felix's hugs are powerful � More photos » Elaine Thompson - AP ...

Tony Hawk: Shred dated <b>News</b> - Page 1 | Eurogamer.net

Activision's launched an interactive website "that gives players a head start on honing their over-the-top skate and snowboarding skills as they explore new game content, the latest news and much, much more!" Check it out here. ...

As AOL rushes to local <b>news</b>, Examiner.com is already there <b>...</b>

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. ...


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Folks, check this out!


 


 


http://www.usagold.com/goldtrail/archives/another1.html

ANOTHER ( THOUGHTS! ) ID#60253:


All: I ask you, why did the world go off the gold standard in the early 70s? You have an answer, yes? For all the problems this created, could the countries not just revalue gold upward, to say $300 ( back then ) ? What was the real reason the world entered a period of "freely traded" "managed gold"? "


This question has more impact on the gold market of today than it did then! In days past, it was held as good knowledge that the US stopped gold backing to protect the dollar and keep gold from leaving to other shores.


But, in the same time frame, all central banks did sell gold to all persons, even the US. All treasuries held gold and dollars as reserves. To what end did the world financial system gain with the dollar off gold backing, and then allowed to "dirty float" against all currencies? Would the world not have been better off to find gold revalued to, say $300 and then begin a "dirty float"? Noone would have lost, and the inflation would have , at best, not have been worse!


Truly, I tell the reason for this action. The US oil companies knew that the cheap reserves were found. The governments knew this also. The only low cost oil reserves in the world at this time were in the Middle East, and their cost to find and produce was very low. It was known, that, in time, ALL oil would come from this land. As much higher US dollar prices were needed to allow exploration and production of other reserves, worldwide. But, how to get crude prices, up, when the Gulf States were OK to pump and produce in exchange for "gold backed dollars"? I will not name the gentlemen that brought this thinking to the surface in that era, but it was discussed. It was known that oil liked gold. It was known that "local oil" would be used up without higher prices. What if, the US dollar was taken off the gold standard, and gold was managed "upward" to say, $208 per ounce? The dynamics of the market would force oil to rise and allow for much needed capital to search for the higher priced oil that was known to exist! The producers would find shelter in gold even as the price of oil was increased in terms of a now "non gold dollar"! Price inflation would rise, but gold and oil would also increase. The dollar would continue to be used as the only payment for oil, and in doing so replace gold as the backing for this "reserve currency". All would be fair.


The war in 1973 and the Iran problem did make markets "overshoot", but all did work to the correct end. The result was "a needed higher price for a commodity that was, as reserves, in much over supply by the wrong countries"! It was known that the public would never have accepted this "proposition" as fair. To this end, we have come.




When you attend an event like this weekend’s BlogCon, hosted by Freedom Works, you get to meet people from all around the country. As you trade stories from your local and state communities, it’s fascinating to find out details on issues that get only passing mention in national politics. Races, redistricting, policies, and more that will be decided this year on election day. For me, one thing that caught my attention was Proposition 23 in California.


California is in crisis. It’s in more than one crisis, actually. Just search the blogs for the words California and crisis and a wealth of woes are on display. There are over 2.2. million unemployed statewide, they’re over $20 billion in debt, and have a foreclosure rate that leads the country.


With California in depression, the ridiculous “global warming plan” of AB 32 has got to go. It’s a job-killing, energy price inflating burden. That’s why Prop 23 is so important, and why Carly Fiorina supports it: It would suspend AB 32.



The so-called climate change law will drive California’s energy markets back to 2001. Rolling blackouts and Enron anyone? I doubt anyone is nostalgic. A cap and trade carbon trading ponzi scheme is exactly what Californians don’t need.


Prop 23 can’t end California’s litany of woes. But it is one more thing that voters there can do on November 2nd to, at least, put disaster on hold. Voting for Republicans at the state and national level is another.


If there was one takeaway from being at events like RightOnline and Blogcon in the last few weeks, it is that online activism gives us a unique way to look at the national picture, to see the implications of state decisions on a national scale. There is so much about our nation being decided this fall. And the date is approaching faster than you think. From Delaware to Ohio to California, we are voting on candidates and issues. And some, as in the case of California, will have national implications. I hope our California readers remember this and vote yes on Prop 23 this November. To put Californians back to work, to prevent soaring energy costs statewide, and to show the nation that, even in California, green dreams shouldn’t trump the American dream.



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Various <b>News</b> Tidbits - Lookout Landing

Various News Tidbits. ... Various News Tidbits. Tiny by Matthew on Oct 1, 2010 4:25 PM PDT in Miscellaneous � Tweet. 3 comments; Story-email Email; Printer Print. Even Felix's hugs are powerful � More photos » Elaine Thompson - AP ...

Tony Hawk: Shred dated <b>News</b> - Page 1 | Eurogamer.net

Activision's launched an interactive website "that gives players a head start on honing their over-the-top skate and snowboarding skills as they explore new game content, the latest news and much, much more!" Check it out here. ...

As AOL rushes to local <b>news</b>, Examiner.com is already there <b>...</b>

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. ...


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Various <b>News</b> Tidbits - Lookout Landing

Various News Tidbits. ... Various News Tidbits. Tiny by Matthew on Oct 1, 2010 4:25 PM PDT in Miscellaneous � Tweet. 3 comments; Story-email Email; Printer Print. Even Felix's hugs are powerful � More photos » Elaine Thompson - AP ...

Tony Hawk: Shred dated <b>News</b> - Page 1 | Eurogamer.net

Activision's launched an interactive website "that gives players a head start on honing their over-the-top skate and snowboarding skills as they explore new game content, the latest news and much, much more!" Check it out here. ...

As AOL rushes to local <b>news</b>, Examiner.com is already there <b>...</b>

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. ...


bench craft company rip off bench craft company rip off

Various <b>News</b> Tidbits - Lookout Landing

Various News Tidbits. ... Various News Tidbits. Tiny by Matthew on Oct 1, 2010 4:25 PM PDT in Miscellaneous � Tweet. 3 comments; Story-email Email; Printer Print. Even Felix's hugs are powerful � More photos » Elaine Thompson - AP ...

Tony Hawk: Shred dated <b>News</b> - Page 1 | Eurogamer.net

Activision's launched an interactive website "that gives players a head start on honing their over-the-top skate and snowboarding skills as they explore new game content, the latest news and much, much more!" Check it out here. ...

As AOL rushes to local <b>news</b>, Examiner.com is already there <b>...</b>

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. ...


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