God laughs at the folly of man. - Gold, Silver, FVITF, OLVRF, HHWW, SENY, Miners, & Currencies
"He that sitteth in the heavens shall laugh: the Lord shall have them in derision." (Psa 2:4) God looks down from Heaven and sees man seeking political solutions to all of his "problems" and laughs at this folly. Little does man know. He acts like the old song which spoke of "looking for love in all the wrong places." Man continues to seek solutions in man's way. God knows that "Folly is joy to him that is destitute of wisdom: but a man of understanding walketh uprightly." (Pro 15:21)
Let us return to King Jesus and have life and it more abundantly. Otherwise, we are seeking death of our nation and ourselves.
KitCo News:
A.M. Kitco Metals Roundup: Comex Gold, Silver Prices Soar on Safe-Haven Buying Interest, Weaker U.S. Dollar
07 March 2011, 08:07 a.m.
By Jim Wycko
I wonder how much safe-haven buying interest there is in America. We are usually far behind the rest of the world when it comes to appreciation of this aspect of precious metals. Of course, a good bit of the big money knows, but the general public has not, but may be beginning to see the light. HERE.
KitCo:
Market Nuggets: GoldCore: Gold, Oil, Silver Still Rising On Mideast, North Africa Concerns
07 March 2011, 08:52 a.m.
Concerns about Libya, Saudi Arabia and other Middle East and North Africa nations continue to dominate markets, underpinning gold and silver, says GoldCore. “There are growing concerns of contagion and oil-supply disruptions from the region,” GoldCore says. Thus, oil, gold and silver are starting out the week stronger. “Growing concerns that surging oil prices will lead to further inflation and snuff out the already tentative global recovery will lead to continuing safe-haven demand, which will support the precious metals on dips,” GoldCore says. In early New York trading, April gold is up $13.20 to $1,441.80 an ounce, May silver is up $1.068 to $36.395, and April crude oil is up $2.05 a barrel to $106.47. There are several good nuggets on the site. HERE.
From The Daily Pfennig (Pfennig@everbank.com): "Well. I was off a bit on my call for a disappointing Jobs Jamboree. Recall, that the "experts" said 200,000 jobs were created in January, and I told you about the downside risks to that number saying 175,000, would be the top. Well, it wasn't 200,000. and it wasn't 175,000 either. it was 192,000. I've been through all the explanations about who gets counted, and so on, the ghost jobs, and the fall in the unemployment rates, so I won't bore you with those details again. I'll just say, that 192,000 is better than a sharp stick in the eye, like the 300,000 monthly job losses we saw a couple of years ago. but it's not enough to fuel a strong economy." This is just more of the Federal manipulation of reporting.
Bloomberg:
Oil, Gold Climb on Libya Fighting; Greek Debt Risk Increases
Oil rose to a 29-month high and gold jumped to a record as fighting in Libya intensified, while about $15 billion in potential takeovers boosted European stocks. Greek default risk climbed after Moody’s Investors Service cut the nation’s credit rating by three steps. HERE.
Utah HB 0317:
General Description:
This bill recognizes gold and silver coins that are issued and deemed legal tender by the federal government as legal tender in the state and exempts the exchange of the coinsfrom certain types of state tax liability.
Highlighted Provisions:
This bill provides definitions recognizes gold and silver issued and deemed legal tender by the federal government to be legal tender in the state; This is an interesting bill that I believe was passed by the Utah House. According to The Daily Pfennig, the following states are considering similar legislation: Colorado, Georgia, Montana, Missouri, Indiana, Iowa, New Hampshire, Oklahoma, South Carolina, Tennessee, Vermont and Washington You can find the complete bill HERE.
MineWeb:
Can gold's stars align even further?
With continued demand from China, a falling US dollar, escalating tension in the Mideast, and higher crude oil prices, gold continues to look good. I reject horoscopes, because God considers them an abomination. I do accept the idea that gold has much farther to go. Read it HERE.
Personal Liberty:
The Makeover Is Almost Complete
God brings the "problems" to man for the purpose of waking him up to the fact that we have left the one true God for gods which "have eyes, but cannot see; have mouths, but cannot speak, and have ears, but cannot hear." These are the false gods we seek, and fail to recognize King Jesus in Whom we have been created, are sustained, and are cared for moment by moment.
KitCo News:
A.M. Kitco Metals Roundup: Comex Gold, Silver Prices Soar on Safe-Haven Buying Interest, Weaker U.S. Dollar
07 March 2011, 08:07 a.m.
By Jim Wycko
I wonder how much safe-haven buying interest there is in America. We are usually far behind the rest of the world when it comes to appreciation of this aspect of precious metals. Of course, a good bit of the big money knows, but the general public has not, but may be beginning to see the light. HERE.
KitCo:
Market Nuggets: GoldCore: Gold, Oil, Silver Still Rising On Mideast, North Africa Concerns
07 March 2011, 08:52 a.m.
Concerns about Libya, Saudi Arabia and other Middle East and North Africa nations continue to dominate markets, underpinning gold and silver, says GoldCore. “There are growing concerns of contagion and oil-supply disruptions from the region,” GoldCore says. Thus, oil, gold and silver are starting out the week stronger. “Growing concerns that surging oil prices will lead to further inflation and snuff out the already tentative global recovery will lead to continuing safe-haven demand, which will support the precious metals on dips,” GoldCore says. In early New York trading, April gold is up $13.20 to $1,441.80 an ounce, May silver is up $1.068 to $36.395, and April crude oil is up $2.05 a barrel to $106.47. There are several good nuggets on the site. HERE.
From The Daily Pfennig (Pfennig@everbank.com): "Well. I was off a bit on my call for a disappointing Jobs Jamboree. Recall, that the "experts" said 200,000 jobs were created in January, and I told you about the downside risks to that number saying 175,000, would be the top. Well, it wasn't 200,000. and it wasn't 175,000 either. it was 192,000. I've been through all the explanations about who gets counted, and so on, the ghost jobs, and the fall in the unemployment rates, so I won't bore you with those details again. I'll just say, that 192,000 is better than a sharp stick in the eye, like the 300,000 monthly job losses we saw a couple of years ago. but it's not enough to fuel a strong economy." This is just more of the Federal manipulation of reporting.
Bloomberg:
Oil, Gold Climb on Libya Fighting; Greek Debt Risk Increases
Oil rose to a 29-month high and gold jumped to a record as fighting in Libya intensified, while about $15 billion in potential takeovers boosted European stocks. Greek default risk climbed after Moody’s Investors Service cut the nation’s credit rating by three steps. HERE.
Utah HB 0317:
General Description:
This bill recognizes gold and silver coins that are issued and deemed legal tender by the federal government as legal tender in the state and exempts the exchange of the coinsfrom certain types of state tax liability.
Highlighted Provisions:
This bill provides definitions recognizes gold and silver issued and deemed legal tender by the federal government to be legal tender in the state; This is an interesting bill that I believe was passed by the Utah House. According to The Daily Pfennig, the following states are considering similar legislation: Colorado, Georgia, Montana, Missouri, Indiana, Iowa, New Hampshire, Oklahoma, South Carolina, Tennessee, Vermont and Washington You can find the complete bill HERE.
MineWeb:
Can gold's stars align even further?
With continued demand from China, a falling US dollar, escalating tension in the Mideast, and higher crude oil prices, gold continues to look good. I reject horoscopes, because God considers them an abomination. I do accept the idea that gold has much farther to go. Read it HERE.
Personal Liberty:
The Makeover Is Almost Complete
March 7, 2011 by Bob Livingston
There will be wailing, weeping and teeth gnashing in Washington, D.C., in the coming weeks as the elected elites in Congress posture and moan about potentially cutting Federal spending.
Republicans will puff themselves up, declaring they are doing the will of those who went to the polls in November, 2010. “Look at us,” they’ll say. “We’ve made drastic cuts and are on the way to fiscal sanity.” The U.S. as we old timers once knew it has passed away. This article points out much of what has happened. It has happened significantly over many decade and almost two centuries. The Federal Government has expanded far beyond the Constitution. However, it has done so to produce citizens who are totally dependent upon the Federal largess and demand that this continue. The land of the free and the brave has become the land of the dependents and slaves, because we have turned from the God Who gave us a free nation. Think about it! HERE.
Best to each, Doug
There will be wailing, weeping and teeth gnashing in Washington, D.C., in the coming weeks as the elected elites in Congress posture and moan about potentially cutting Federal spending.
Republicans will puff themselves up, declaring they are doing the will of those who went to the polls in November, 2010. “Look at us,” they’ll say. “We’ve made drastic cuts and are on the way to fiscal sanity.” The U.S. as we old timers once knew it has passed away. This article points out much of what has happened. It has happened significantly over many decade and almost two centuries. The Federal Government has expanded far beyond the Constitution. However, it has done so to produce citizens who are totally dependent upon the Federal largess and demand that this continue. The land of the free and the brave has become the land of the dependents and slaves, because we have turned from the God Who gave us a free nation. Think about it! HERE.
Miners from Scottrade:
Currencies from KitCo:
Some Prices: FVITF 6.12 (Still our EverReady Bunnie - going, going, going); OLVRF 1.845; SENY 1.10 (Showing some life); BYDDF (holding well); HHWW 1.15; TBT 39.34 (up 0.64 today showing weakness in 20+ Treasuries. Guess the Fed will have to buy them at the next auction.); DOW up almost 30 to 12205.53; SPX up 2.56 to 1323.71; Gold up 2.40 to 1435.20; Silver up 0.79 to 36.46 (Both metals holding well and bouncing back after every hit.
posted by Doug @ 9:47 AM
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