Thoughts on Markets

Tuesday, March 08, 2011

More on Government schools - A truthful look at unions. - Miners - Precious metals and more

More from Chuck Norris on the anti-Christian government schools. Parents must consider what is being taught. Is history correct or is it rewritten to present the current politically correct view. Would that we all had a Christian world and life view as contained in the bible. However, our government schools are far from that. 

Town Hall:
Thomas Sowell
Union Myths 
The biggest myth about labor unions is that unions are for the workers. Unions are for unions, just as corporations are for corporations and politicians are for politicians.
Nothing shows the utter cynicism of the unions and the politicians who do their bidding like the so-called "Employee Free Choice Act" that the Obama administration tried to push through Congress. Employees' free choice as to whether or not to join a union is precisely what that legislation would destroy. Truth about unions is HERE.

Town Hall:
Chuck Norris
Public Education: Progressive Indoctrination Camps
Why should liberals want to change the public educational system when it is turning out the product they have been striving for years to produce?
Check out these real news headlines from the past several weeks and months about the state of public education across the country:
--"U.S. teachers tell U.N. sex is a 'spectrum' -- advocate mandatory classes to free students from 'religion'"
--"Principal orders (Ten Commandments) yanked from school lockers"
--"Teens ask for more sex ed, greater condom availability"
--"University defines Christians as 'oppressors'" This is in concert with what I wrote on government schools last week. These are truly the temple of Satan. HERE.

Mine Web:
Exploration trends for 2011 - Jason Goulden MEG
The Metals Economics Group's latest World Exploration Trends report shows that gold remains a popular exploration focus but there is some concern about longer term pipelines. Interesting Podcast and write up. HERE.

Mine Web:
Gold not even close to being overvalued yet - Doug Casey
The investment legend said he wouldn't be surprised if gold hit $5,000 in the next couple of years as central banks continue to pump liquidity into the system but warned risks remain high in the sector. These my thoughts on the subject, too. I believe we have a lot farther to go, before gold stops the 10+ year old bull market. HERE.

KitCo News:
Market Nuggets: Barclays: SPDR Gold Holdings Post Largest Rise In Nearly Two Months
08 March 2011, 09:07 a.m. This is only one of the nuggets at this site. Check them all. HERE.

Mine Web:
What a gold:silver ratio below 40:1 tells you
The last time the gold:silver ratio stood below this level was in February 1998 just after silver rallied 33% in 5 weeks, much is the same in the current situation but, investment demand is much higher. I think we should expect much higher silver. Check out this article HERE.

Miners from Scottrade:

Currencies from KitCo:

Some Prices: FVITF  5.88; OLVRF 1.6759; SENY 1.07; MCVE 0.20; TBT 39.18 (20+ year bonds still down a tad); BULM 1.67; DOW up 75 to 12164.35; SPX up 7.67 to 1317.8; Gold off 1.00 to 1430.10; Silver up 0.06 to 35.97 (Struggling toward 36).

Best to each, Doug


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