Loading ...Is or Will AI Be a Danger to Mankind?
Yes (35%, 19 Votes)
Likely (30%, 16 Votes)
I don’t have a clue (26%, 14 Votes)
Unlikely (6%, 3 Votes)
No (4%, 2 Votes)
Total Voters: 54
Equisetum @ 23:37
re your:
“It’s not that I am particularly interested in the history of the U.S. dollar and it’s role over the years. But I am particularly interested in the future purchasing power of our present holdings in phyzz and in PM-related equities. My outlook for the future of these holdings involves expectations that reverse back and forth between a hopeful future and a grim one.
My current viewpoint in this wavering cycle is one of strong optimism that global forces, involving especially Russia and China’s attitudes and actions towards precious metals, will determine the global role of the U.S. dollar, and that if we can hold on to our present PM-related holdings then these assets are going to have acceptable purchasing power in the future rather than holding these assets in fiat form. ”
Comment:
Thanks for the comeback, well said and all makes sense. Gold, physical is a no brainer, no matter what happens in the future. If the system ever evolved back to a global gold standard, like the 1492 to 1913 era, the old Federal Reserve Notes would have to be exchanged for the new US gold backed U.S. Dollars. The Fed Notes would lose a lot of value.
For example, with gold at $1,200 and a Gold Eagle at $50, the exchange rate today would be 24 Fed Notes for each new Gold backed U.S. Dollar.
P.S. I was too generous above. In reality with all the excess Fed Note money created, and if a rush to exchange unfolds, the exchange could go $3,000 to $5000/oz in Fed Notes in exchange for each Gold Dollar.
Cozying up to the Chinese? Hmmm interesting timing.
Barrick Announces Agreement with Shandong Gold for Cross Shareholding of up to $300 Million
TORONTO, Sept. 24, 2018 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick” or the “Company”) today announced that it has entered into a mutual investment agreement with Shandong Gold Group Co., Ltd. (“Shandong Gold”), further strengthening Barrick’s partnership with one of China’s leading mining companies.
Under the Agreement, Shandong Gold will purchase up to $300 million of Barrick shares, and Barrick will invest an equivalent amount in shares of Shandong Gold Mining Co., Ltd., a publicly listed company controlled by Shandong Gold. Shares will be purchased in the open market.
cont. https://ceo.ca/@nasdaq/barrick-announces-agreement-with-shandong-gold-for
Morning Floridagold
yeah, I know what you mean. Funny thing is it trades like it’s a merger of equals. Even funnier is that the combined acquisition is only $18 billion. Less than if the pot stocks Canopy Growth and Tilray were to merge.
I see Great Panther is doing an acquisition as well and it’s getting the usual smash.
At least we can’t say these mergers are taking place at the top…
Moriarty extolls Novo bashes Garibaldi
Novo, Not Waiting for Godot
http://www.321gold.com/editorials/moriarty/moriarty092418.html
Is this the news everyone was waiting for? Not helping the share price.
Massive Sulphides Mount Up at Garibaldi’s Nickel Mountain
https://finance.yahoo.com/news/massive-sulphides-mount-garibaldis-nickel-110000892.html
U.S. $ down .345–gold struggling to hold a 6 buck gain–the silver signal’s flashing…silver down a penny…
Surprise!! the HUI is surging…up 2.8%—so is oil=over $72 a barrel…
Macroman3-if your friend is well enough to travel to Portugal, that means he can still eat and digest food-if
true, then he need not die–once digestion goes, then forget about it–if he wants to live, he should not go to Portugal for one last gourmet binge–but it’s up to him–he must make a radical change in his diet and lifestyle-the macrobiotic diet or one of gary Nulls cancer protocols are 2 of the best out of many non-traditional ways to get well–if he’s interested, I could share my experience with him…
********************************************************************
Macrobiotic Diet and Research
There were not many clinical studies to assess the potential of the Macrobiotic diet for alternative cancer treatment, but for the researches, which were completed, the results were more than encouraging. One of the studies on Macrobiotic diet and nutritionally linked cancers (including pancreatic cancer), published in Journal of the American College of Nutrition, has exposed very interesting results: “The retrospective study of pancreatic patients disclosed that 1-year survival was higher among those who modified their diet than in those for whom there was no evidence as to diet alteration”.
*********************************************
Mean survival for the 23 patients was 17 months, vs. 6 months for the control group. Median survival was 13 vs. 3 months for the controls. The actual case histories of the patients using the macrobiotic diet were fascinating. In one instance, the patient had survived 7 years when hospitalized for fever and abdominal pain. The patient died during surgery, and upon autopsy they found that the cancer was still on the head of the pancreas, but it had not increased in size over the years. Case 2 offered a similar type of result. There the patient showed no progression of the cancer for the 5 years of using the diet. However upon resumption of his standard diet the cancer seemed to spread and he died 2 years late. Patient 3 practiced the macrobiotic diet as well as chemo and monoclonal therapies. After 9 years he was in excellent health and no mass could be defined in the pancreas. Finally in case no. 4, the patient had basically no conventional therapy but went on the macrobiotic diet. After 5 years he remained in good health, while a CT scan after 3 years showed that the tumor was still present.
******************************************************
Other scientific studies have shown increased survival rates in both pancreatic and metastatic cancer in those following a macrobiotic diet as well. One study of note, cited in “Unconventional Cancer Treatments” in 1990 by the U.S. Congress Office of Technology Assessment, followed six patients with advanced malignancies. Vivian Newbold, a Philadelphia physician, documented all six cases of remission. CT scans and other medical tests revealed no presence of tumors after careful adherence to a macrobiotic diet.
**************************************************************
http://pancreatic-cancer-facts.blogspot.com/2012/11/macrobiotic-diet-improves-survival.html
Ponzi World=In Elliott Wave terms, the decade since 2008 has been a ‘B’ wave=Every aspect of a ‘B’ wave is fake.
=. Despite exceeding the previous high in terms of nominal price, ‘B’ waves are considered corrective. The fundamentals underlying the rally are eroding constantly: solvency, debt accumulation, Ponzi GDP, money printing, capacity utilization, quality of jobs, real wage growth, distribution of wealth, malinvestment etc.
Every aspect of a ‘B’ wave is fake.
U.S. stocks / Federal debt:
Which is why this decline will be one trend degree larger than 2008…
Portugeezer, I have a friend about to check out from pancreatic cancer but he is trying to do Portugal one last time as his 30 anniversary honeymoon tour.
Can you post your website in case he is in the Algarve? Luigi, a native we play golf with when he comes back here in the summer has him staying for a bit. I will certainly implore him to visit if in the neighborhood.
We are having his memorial golf tourney Oct 2. No he isn’t dead yet, wants to play in his own golf-wake…
commish, have you found anything on Nike firing Kapernick and replacing with Tiger?
Just Don’t Take A Knee?