Warthogg
04-24-2011, 11:47 AM
The hippies of the 1960's had it right after all: 'DO NOT TRUST ANYONE OVER 30.'
Any over 30 have had the opportunity to vote in two full elections. The older we are the more blame we deserve. Election after election we have voted for the 'least objectionable' candidate. We have believed that either the Dims or the Rethugs were the answer.
We should be ashamed when we look at our young children or grandchildren
When you think about it, it's no wonder that Wall Street and the Fed hate gold. Gold exists outside the system. The Fed can't manipulate or create gold the way they do Federal Reserve Notes. When gold rises, as it has been doing, it hoists a red flag over Wall Street, the Fed, and the economy.
Surging gold tells the world that something is terribly wrong. All the lies, corruption, and secrets of the Fed and the politicians can't erase the dire message of gold.
Gold is the protector and refuge of the common man. No wonder all the recent record highs in gold remain unreported by the media.
http://www.thedailycrux.com/content/7477/Richard_Russell
Kyle Bass, one of the Bass brothers, advised UT to make the move into gold. The Bass brothers, and their guy named Rainwater, made at least a gazillion dollars back in the 90's
From Bloomberg:
The fund, whose $19.9 billion in assets ranked it behind Harvard University’s endowment as of August, according to the National Association of College and University Business Officers, added about $500 million in gold investments to an existing stake last year, said Bruce Zimmerman, the endowment’s chief executive officer. The holdings are worth about $987 million, based on yesterday’s closing price of $1,486 an ounce for Comex futures.
Years from now, when historians attempt to define who may have started it all, one name may emerge...
The decision to turn the fund’s investment into gold bars was influenced by Kyle Bass, a Dallas hedge fund manager and member of the endowment’s board, Zimmerman said at its annual meeting on April 14. Bass made $500 million on the U.S. subprime-mortgage collapse.
“Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services,” Bass said yesterday in a telephone interview. “I look at gold as just another currency that they can’t print any more of.”
In summary - the fiat tide is now going out. And among those who will first be observed swimming naked are the very same people whose fate has been so very intrinsically linked to the perpetuation of a flawed regime (and who coined this very saying). In the meantime, hold on to your hats: should a scramble for delivery ensue, the recent parabolic move in various precious metals will seem like a dress rehearsal for what is about to transpire
Wart
Any over 30 have had the opportunity to vote in two full elections. The older we are the more blame we deserve. Election after election we have voted for the 'least objectionable' candidate. We have believed that either the Dims or the Rethugs were the answer.
We should be ashamed when we look at our young children or grandchildren
When you think about it, it's no wonder that Wall Street and the Fed hate gold. Gold exists outside the system. The Fed can't manipulate or create gold the way they do Federal Reserve Notes. When gold rises, as it has been doing, it hoists a red flag over Wall Street, the Fed, and the economy.
Surging gold tells the world that something is terribly wrong. All the lies, corruption, and secrets of the Fed and the politicians can't erase the dire message of gold.
Gold is the protector and refuge of the common man. No wonder all the recent record highs in gold remain unreported by the media.
http://www.thedailycrux.com/content/7477/Richard_Russell
Kyle Bass, one of the Bass brothers, advised UT to make the move into gold. The Bass brothers, and their guy named Rainwater, made at least a gazillion dollars back in the 90's
From Bloomberg:
The fund, whose $19.9 billion in assets ranked it behind Harvard University’s endowment as of August, according to the National Association of College and University Business Officers, added about $500 million in gold investments to an existing stake last year, said Bruce Zimmerman, the endowment’s chief executive officer. The holdings are worth about $987 million, based on yesterday’s closing price of $1,486 an ounce for Comex futures.
Years from now, when historians attempt to define who may have started it all, one name may emerge...
The decision to turn the fund’s investment into gold bars was influenced by Kyle Bass, a Dallas hedge fund manager and member of the endowment’s board, Zimmerman said at its annual meeting on April 14. Bass made $500 million on the U.S. subprime-mortgage collapse.
“Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services,” Bass said yesterday in a telephone interview. “I look at gold as just another currency that they can’t print any more of.”
In summary - the fiat tide is now going out. And among those who will first be observed swimming naked are the very same people whose fate has been so very intrinsically linked to the perpetuation of a flawed regime (and who coined this very saying). In the meantime, hold on to your hats: should a scramble for delivery ensue, the recent parabolic move in various precious metals will seem like a dress rehearsal for what is about to transpire
Wart