Hyperinflation unavoidable - Ten Commandments the only fix - gold - silver - miners - currencies

Folks,

There is much news about gold and silver. Also, there are articles on having a pseudo gold standard. Gold and silver have been money since the early days in the Bible. They have stood well the test of thousands of years (4 K to 7 K, that is). Therefore until Nixon removed the final vestige of gold backing of the dollar 40 years ago yesterday, we had a gold standard.

We need to get back to a steady currency to avoid the financial fiasco we face today. God in His wisdom warned against unequal weights and measures in commercial transactions. All nations in the world today have ignored that law and have currencies of unstable and unequal measures over time. This is purposeful to deceive others, mainly, the citizens. People are beginning to recognize the fraud of fractional banking and unbacked paper currencies. This is apparent in the recent assent of the price of gold.

Gold Switzerland:

TOO LATE TO JUMP ON THE GOLDWAGON?
 The Stealth Market in Gold

Gold has gone up for 12 straight years in a stealth market. In the last ten years gold has had a compound annual growth of 20.5%.  This is an absolutely outstanding return but investors should not look at gold as an investment but as money. Gold reflects governments’ deceitful actions in totally destroying the value of paper money by printing unlimited amounts of it. With gold up 7 times since the bottom in 1999, is it too late to jump on the Goldwagon?

The answer to the above question is a categorical NO. Virtually no major investor group has participated in gold’s spectacular rise. In spite of a seven fold increase in the gold price, only circa 1% of world financial assets are invested in gold. Whenever I talk to major institutional investors, not only do they not own gold, but they don’t understand gold either. This is a very interesting article. It is long, but worth the read and has several good graphs and comes to the conclusion that we are in for hyperinflation. HERE.

Town Hall:

 

Thomas Sowell  

Social Degeneration

Someone at long last has had the courage to tell the plain, honest truth about race.
After mobs of young blacks rampaged through Philadelphia committing violence -- as similar mobs have rampaged through Chicago, Denver, Milwaukee and other places -- Philadelphia's black mayor, Michael A. Nutter, ordered a police crackdown and lashed out at the whole lifestyle of those who did such things.
"Pull up your pants and buy a belt 'cause no one wants to see your underwear or the crack of your butt," he said. "If you walk into somebody's office with your hair uncombed and a pick in the back, and your shoes untied, and your pants half down, tattoos up and down your arms and on your neck, and you wonder why somebody won't hire you? They don't hire you 'cause you look like you're crazy," the mayor said. He added: "You have damaged your own race." Amen! HERE.


Dennis Prager
Still the Only Solution to the World's Problems
There is only one solution to the world's problems, only one prescription for producing a near-heaven on earth.
It is 3,000 years old.
And it is known as the Ten Commandments.
Properly understood and applied, the Ten Commandments are really all humanity needs to make a beautiful world. While modern men and women, in their hubris, believe that they can and must come up with new ideas in order to make a good world, the truth is there is almost nothing new to say.
If people and countries lived by the Ten Commandments, all the great moral problems would disappear.
Or, to put it another way, all the great evils involve the violation of one or more of the Ten Commandments. This has been and always will be the only solution. The people of God, empowered by the Holy Spirit to know their sin nature, to be brought to King Jesus for salvation, and then live under the word of God, following the Ten Commandments. Amen! HERE.

Mine Web:

A Pod Cast by the CEO of Silver Wheaton. HERE.


When will two faced silver start to move again - and which way? 
Contrary to its reputation, silver has been one of the least volatile investment sectors in the past month as gold and the stock markets have fluctuated wildly. It is thus overdue for a breakout- but which way? HERE.

Gold strengthens again- can big brother fix any economy any more?
Gold is showing distinct signs of strength as currencies continue to weaken. Even mighty Germany's growth appears to have come to a halt and central banks can no longer be seen as economy rescuer. HERE.

Naysayers still abound despite gold's strong performance
As the turmoil in markets grows wilder, so many people are turning to gold but, there still remains a strong and vocal group that are calling a bubble. HERE.

Double dip fears drive Gold: S&P ratio higher ... and higher?
Any more economic shocks should cause gold:S&P ratio rise even further in a nervous market with gold outperforming the stock market. HERE.

Scott Grannis Blogspot:

Follow Up with a great graph. View it HERE.

Miners from Scottrade:

Currencies from Kit Co:

Some Prices:  DOW off 76.10 to 11406.03; S&P off 10.41 to 1194.45; NASDAQ off 24.45 to 2530.67; Gold up 11.60 to 1777.80; Silver off 0.11 to 39.81.

Best to each, Doug