I must refute your spurious alligations that I would take any pleasure from the results of any disaster or in any type of human suffering. Many times I have stated my empathy for those suffering from the results of the financial disaster created by Uncle Ben and the FED. I don’t feel the need to explain myself further as I am sure many posters here will recognise that your comments directed to me reflect more of your closed and small minded attitude than any reflection on my good name.
Have you not worked out that any purchase made today in preparation for some future event only robs sales from the future and does not increase the growth of the economy. When our own bunch of clowns sent out their stimulas cheques the recipients flew straight down to Harvey Norman and purchased a new flat screen TV from China. Unless they went out the following week and bought another TV there was no net gain to the economy. In fact I could go further if they had not stolen the money from me and other productive Australians by way of tax to make the payments I may have used the money to purchase a lathe or milling machine or employed another tradesperson and that my shallow friend may have actually lead to some growth in the economy.
Once the clowns in charge realise how to grow the economy instead of taking direct action to destroy it we may go somewhere. Look how the world best treasurer is going to bring the Australian economy into surplus with his MRRT tax and have a look at how much money he has collected in the first quarter, brilliant Nil! Now what?
If the aviation business is doing as well as you claim (I have my doubts) maybe you would do well to keep your mouth shut or you may have the right honourable Wayne Swan coming up with a tax on the atmosphere the planes use to fly in. He and Julia appear to be hell bent on destroying any worthwile money making enterprise such as mining but for some reason they haven’t as yet noticed the big four banks profits over the last twenty years.
The bankers and the powers that be appear to me at least to be a very dangerous group; however, we can’t say we had no warning about this. You don’t need to take my word for it here is a quote from one Mr Thomas Jefferson:
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Well Biggles, that’s the end of the Gold voodoo month and less than a week before the US voters make their choice that’s if they can see any choice between them I know I can’t. Then we can have Gold back on its upward trend I reckon at least $1,800.00before the end of this year particularly if Bernanke makes good on his plan to double QE to Infinity before the end of December.
As long as they keep printing out of fresh air and hold interest rates below the rate of inflation I just can’t see any other direction for Gold than upward and put my hard earned over taxed money where my mouth is in physical stored outside of the traditional banking system.
My thoughts and prayers are with those suffering in any way and that includes those with diminished ability for simple understanding or reasoned cognizance!
I am sorry if my arguments against your position have pushed you to the desperation of personal insults in place of sound responses, I can forgive you for this as I can understand just how you feel in missing the best trade of the last ten years Gold!
Cheers sir enjoy your break and very best regards to you and all: Andy
