re Greg Canavan commentaries

All the reasons I bought gold and silver in 2002 have become only more fundamentally sound with all of the financial problems ... the corruption is more apparent than ever and the slow move away from trading in US$'s is picking up in part because of Iranian banking embargo, forcing trade between them and other countries in other currencies ... really do you want rupees, yuan, rubles, euros, dollars or gold and silver when all is said and done. On an international level gold will be trusted most of all, when the market and not manipulators control its price.

One other comment about why there is enough gold to act as the store of value ... if the market forces are the only influence and it is recognized as real money, then the price per ounce will be equal to the total of all reserves divided the value of all commerce or its percentage in a basket of "real money" times the value of all commerce.

All of the over complications of economists need to be brought back down to a simple level.

Governments and people need a stable medium of exchange so that they can trade knowing they are getting fair value for their goods. If everything was priced in grams or percentage of a grams of gold in the world and everyone used that as the basis of value, the global prices would be understood worldwide by everyone ... bad for government bureaucrats and good for people.

The value of a gram of gold at $1650 an ounce is just over $53. So a tenth of a gram is $5.30 and 1/100th of a gram is 50 cents.

If gold price was $10,000 a gram would be about $321 ... Its all relative like money ... both are man made concepts, both used as a way to trade but one takes work to produce and much less corruptible, the other is completely corruptible and controlled by a completely corrupt administration.

Its doubtful a peoples revolution will ever occur ... the brainwashing of the American people to behave has been far too thorough and the rest of the world currently still has little choice but to submits to their acts of bullying (both physical and economic) ... just like the Romans the empire will collapse, but the strongest and smartest will always be the richest.

As things unfold and the bullying is less effective either the power erodes slowly or war occurs to re-establish the authority. I'm betting on the latter ... in addition to gold, the companies who produce articles of war are a good investment except in the US they can be freely appropriated thanks to the war preparedness act which allows the government to loot and pillage from everyone.

... eat drink and be merry because its a better way to live then to really care about that which is completely out of your control ... however ... understanding the truth positions you to withstand the damage better than having your head in the sand.


P.S. - world travellers imagine the simplicity where everything was simply priced in grams of gold everywhere in the world ... the bankers could never allow this because then they wouldn't make money simply by trading you one US $ for one Canadian $ etc etc..... think about making 2-3%+ instantaneously simply by warehousing one medium of exchange for another and then charging you beyond loan sharking rates trading money for money ... who would ever volunteer to give that up.

re - videos posted by e-bear

worldwide commerce and trade has evolved and everything that is going on in government, social programs etc really exist to perpetuate the notion that government is giving to its citizens rather than taking and that no expense will be spared to protect that great lie.

orgy