HONG KONG GOLD UP $8 AND SILVER UP $.50

Forex ^ | 16 April 8:04 p.m. CST | Forex Staff

[Freedom4US]

"Fixing" the ratio of silver to gold when they were both used as money caused no end of problems to the government, since the founding of the republic. Set too high/low, ss the relative values fluctuated on the world market, it became profitable to buy and sell one for the other, causing one or the other to disappear from circulation. "Free Silver" was an attempt by easy-money adherents to force the government to buy and issue silver dollars, which theoretically benefited debtors, farmers and Western mining interests.

[bjs1779]

Ain't she pretty?

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[Sic Luceat Lux]

Would I invest in gold and oil? No.

Sorry, but I firmly disagree. Ck out this ongoing FR article about silver and how to buy pure Englehard silver bars from coin dealers/ my post #154 / as I was in the coin business for many years. (and note the day of this article and the fact that now, just today, just this morning, silver bullion is at $13.26)

"Silver shines but equities decline (Silver breaks $10/ounce! 22-year high!)"

http://www.freerepublic.com/focus/news/1588981/posts?page=165

[Sic Luceat Lux]

fyi / my buy/sell post #154 in the above mentioned "Silver Shines..." article/

[AdamSelene235]

With the Federal Reserve raising interest rates to some of the highest in the G-7, the dollar become more attractive. The value of currency is set by the relative ratio of the government guaranteed riskless return of a bond denominated in that currency.

Of course, the supply of the currency has nothing to do with its value. Which is why its not even worth reporting to the public.

[Freedom4US]

And my plan would have worked, if it weren't for those meddling kids!