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Oil Down Sharply; Gold Up Sharply (Brent Crude Falls Below $100/bl)
oil-price.net ^ | 06-01-2012 | OrangeHoof

Posted on 06/01/2012 7:38:25 AM PDT by OrangeHoof

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To: Carry_Okie

“This flight from real investment is a curious byproduct of a usurious economy ...”

This flight from real investment is a natural and rational response to a larcenous economy (government) ...

My editing bill will arrive in the mail.

;-)


21 posted on 06/01/2012 3:28:23 PM PDT by GladesGuru (In a society predicated upon freedom, it is necessary to examine principles."...the public interest)
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To: wayoverontheright
I think the slide in crude continues, may get below $70.

If it does for any length of time, the layoffs in the drilling industry (and the spinoff declines elsewhere) will offset a whole bunch of the feelgood from 'new jobs', provided the job losses are even reported.

22 posted on 06/01/2012 3:34:08 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Carry_Okie

While wholesale amounts of gold were taken by government, those who survived being in the wrong place at the wrong time usually so did by invoking the Golden Rule. While I respect the core concepts and the analysis in Shemitta, for individuals living in other than such a society, gold is the only time tested insurance program available if we experience what our enemies hope to visit upon us.


23 posted on 06/01/2012 3:37:00 PM PDT by GladesGuru (In a society predicated upon freedom, it is necessary to examine principles."...the public interest)
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To: GladesGuru
While wholesale amounts of gold were taken by government, those who survived being in the wrong place at the wrong time usually so did by invoking the Golden Rule.

IIRC, the usual invocation of the Golden Rule at that time was to pull teeth without anesthetic to get it.

While I respect the core concepts and the analysis in Shemitta, for individuals living in other than such a society, gold is the only time tested insurance program available if we experience what our enemies hope to visit upon us.

Only for those with so much as to be so able. Earth to Guru: That isn't many, is it? As to the Republic, you are missing the point when it comes to t'shuva. It's only two verses between G_d resolving to destroy the earth, and Noach finding the grace for G_d to decide to save it. One guy. One act. One verse. That's the whole point.

24 posted on 06/01/2012 6:50:58 PM PDT by Carry_Okie (Islam offers us choices: convert or kill, submit or die.)
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To: Carry_Okie

“While wholesale amounts of gold were taken by government, those who survived being in the wrong place at the wrong time usually so did by invoking the Golden Rule.

IIRC, the usual invocation of the Golden Rule at that time was to pull teeth without anesthetic to get it.”

I was referring to those who had some gold and paid off those who smuggled them out of troubles way.

The Nazi gold recovery was to use pliers on the dead - live extraction was too much work. Slowed down the throughput, so to speak.


25 posted on 06/01/2012 7:33:35 PM PDT by GladesGuru (In a society predicated upon freedom, it is necessary to examine principles."...the public interest)
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