Folks, the #1 reason for gold is not because it glitters
posted on
Dec 14, 2007 04:50AM
Focused on becoming a near-term Gold Producer
I am completely of the belief that America sold themselves to the company store which in this case is the private banking cartel known as the Federal Reserve. [they are not a government agency] The national debt cannot hope to be paid. [9 trillion dollars and growing daily] Already some major cities are unable pay bills and or borrow any more. The cancer goes way beyond the housing mortgage fiasco. Yet our government keeps printing [counterfeiting] those greenbacks. It appears my friends that the dollar could very well be toast. Other countries and busnesses are turning to the Euro and from the dollar.
As previously posted, I wrote to SAGE GOLD inquiring as to their getting involved with other companies when that time comes. I wanted assurance that those companies were not involved in hedge funds, derivitaves, junk bonds and the like. I was afraid that the SGX project could get put on hold indefinitely if they were caught up with some large entity that might be teetering on the brink of financial disaster. You may recall the answer I got. In substance I was told that finance was Nigel's strong suit and that he was very much aware of what was going on in the US and also in the rest of the financial world community.
I FOR ONE WILL BE VERY HAPPY TO KNOW THAT SAGE GOLD DOES IN FACT ALIGN THEMSELVES WITH A LARGE ENTITY THAT IS FREE OF DEBT AND WILL BE ABLE TO TAKE THE HIT WHEN, NOT IF, THE HAMMER FALLS.
Best wishes,
Jerry Francis