Stacy Summary: More golden jibber jabber.
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Stacy Summary: Jon Nadler must be an adviser to Gordon Brown. I do kind of get a kick out of reading Nadler when the price of gold is on a tear as it is during these times that he begins frothing at the mouth with rage.
The gains are “strictly a monetary phenomenon,” Greenspan said today at an investment conference in New York. Rising prices of precious metals and other commodities are “an indication of a very early stage of an endeavor to move away from paper currencies,” he said.
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Stacy Summary: Max has been on Five Live for the past twenty minutes. It was only supposed to be five minutes and they are keeping him on longer now if you want to tune in.
Will try to get the audio up later. Here it is (I didn’t get the very opening bit yet) . . Download here for Max on Five Live
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Posted in Headlines
Stacy Summary: From what I can tell looking at history, all peoples of every empire at its peak, just before its imminent collapse, belligerently maintain their lifestyles at all cost to their own wealth and their own chance of survival. For a number of reasons, you cannot talk them into saving themselves.
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Stacy Summary: More forensic examination of Goldman Sachs’ role during the days that its former Chief Executive, Hank Paulson, was bailing out the financial players. And for these neo-feudal times, here is the Daily Gulag from @adamc
Sophisticated counterparties like AIG are supposed to protect themselves, and have little chance for recovering damages. But now the American taxpayer has stepped in to make payments for AIG. U.S. taxpayers have a right to recover money paid out for derivatives on deals that include phony collateral.
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Stacy Summary: Haven’t posted to the Sunday video club for a while . . . Here is an interesting interview with Richard Perle who says that Obama’s foreign policy is same as Bush administration, it is just the tone that has changed. The interview starts at around 4 and a half minutes into the video.
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Posted in General Information
Stacy Summary: An ITN video profile of Goldmoney.com. In this, you can see how their gold bars are fabricated at Baird & Co. For anyone with an account at Goldmoney, you can take delivery of your gold if you prefer to hold your own. They do feel awesome. Anyway, we’ve had a few questions in the past on taking delivery, so here you go . . .
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