[Biofuel] dollar collapse immenent?
The Chinese Gold Market By Simon Black · 2 comments I’ve been spending a lot of time this week talking to my sources in China, one of whom is inside one of the country’s sovereign wealth funds (SWF). He could not discuss the details of the Rio Tinto bribery scandal, but indicated that it was far more about saving face and establishing position than anything else. He also indicated that the SWF analysts were working around the clock trying to put deals together… for China it’s a race against the clock for how fast they can convert their $2 trillion in US dollar holdings into strategic assets– namely oil and gold. At today’s deflated prices, putting together a really good billion dollar deal is a difficult thing to do. Putting together 2,000 of them is impossible. Doing it before the dollar collapses? Not a Chinaman’s chance. And they know it. So as a hedge, the government appears to be pumping up demand for gold and silver among the public, possibly preparing them for an imminent dollar decline. I asked Christine, my China insider you heard from last week, to shed some light on the Chinese gold market to provide some clarity: It’s funny you ask, I just got off the phone with one of the key executives at the Shanghai Gold Exchange. You know, for the past 50 years, the Chinese government has controlled the distribution of all types of gold. They dictated prices and forbade citizens from owning or trading any type of precious metal. It didn’t matter if you were an individual investor, a gold miner or a processor…it was state asset. In 1959, if you were caught with gold in your possession you were thrown in jail. The result of this policy has been widespread indifference and very little understanding for precious metals as asset class or sound money. The government is now taking radical measures to change that. Fast forward to 2009– the FIRST year that the Chinese public is allowed to own physical gold or silver. The government is now trying to drum “gold/silver as an investment” into their heads at every corner. Banking products, investment products, checking accounts linked to gold. In fact, Chinese have more precious metal investment options than Americans, and the statistics are alarming: In 1950, China had next to nothing in gold reserves. Today they rank 10th globally, and they are frantically mining for more on their own soil. For the past half a century, the Chinese had the lowest per capita consumption of gold in the world. Next year, Chinese gold demand will likely surpass that of India. This year, the government banned silver from being exported… and by July, it was being promoted as an “investment” to the Chinese public on the 6 o’clock news. You do the math– how does that affect global demand if just 10% of Chinese begin to perceive silver as an investment? Will the Chinese turn into goldbugs overnight? No. Over the next 5 years? Probably, yes. I like your long-term silver option strategy for this reason. Even the smallest shift in Chinese investor/consumer preferences can dramatically alter global demand and commodity prices. From what I’m seeing from the ground, the Chinese government is engaging in one of the most explosive financial marketing campaigns in history. Instead of Maoist propaganda, though, they are attempting to change the entire perception of gold/silver in the Chinese public. Simply put, the Chinese government is trying to trigger a national gold craze…and it’s working. The Chinese public now has gold trading platforms on steroids. You can buy silver bullion or gold bars at any Chinese bank in four different sizes. Wealth management products tied to gold are skyrocketing in popularity, and the public can now instantly buy, sell, and trade gold 24 hours a day in five different forms with different eight types of services. Also, for the first time in history, Chinese investors can even trade gold abroad (in London) with the swipe of a “Lucky Gold” card. I can’t even get Bank of America to open a foreign currency account. http://www.sovereignman.com/finance/the-chinese-gold-market/ -- next part -- An HTML attachment was scrubbed... URL: /pipermail/attachments/20090814/4222bbde/attachment.html ___ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/sustainablelorgbiofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (70,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/
Re: [Biofuel] Chilling stuff...
Hi Chris You're quite right. Not glib, it's succinct. not to be too glib, but. . .while i commend sarah for finally waking up, she should have stopped hitting the snooze button 8 or 10 (or 15 or 20) years ago at least. :-) Minimum 28 years ago I think. Interesting, nonetheless. some of these signposts she's talking about have been in evidence for at least that long. Indeed. now the guessing game is over? gimme a break. we're long past that point. there are problems with paxton as well, which is inevitable when you try to frame a discussion of this topic within the sanitized limits of puritanical, post-depression/-WWII/-mccarthy american political language. but also, i think he under-appreciates crypto-fascism, which is plenty effective enough and meanwhile the majority of the people are none the wiser. which means it can go on virtually forever without that pesky fourth and fifth stage disruption. But Paxton's framework can be useful in recognising crypto-fascism. For instance, there must be a lot of dismayed and dispirited recent voters in the US right now. So much dashed hope - hopes raised to a crescendo, used (spent, cashed in), and discarded, and all those promises broken. Change! What change has there been, other than the White House organic garden? Are the voters still waiting for change, or have they given up? The Obama White House acts as if the whole thing simply never happened and gets on with business-as-usual, in almost every sphere. The media (or some of them) duly note the disconnect, but nothing happens. Paxton has quite a lot to say about that kind of behaviour. The Change! voters don't see Obama as any kind of fascist, let alone perhaps a crypto one, but do they know what a fascist is? Maybe not, or perhaps probably not, the term is so denatured now that it probably doesn't mean much more than nasty person to most people. The current crescendo, the maddened mob of birthers and deathers in the opposite camp, are completely clueless about it, as with everything else. David Michael Green just commented: What sort of powerful drugs does one have to be on to make the argument that this rather considerably conservative president is a socialist? And then to call him a fascist in your next breath, blissfully unaware that the chasm separating the two ideologies not only makes them wholly different, but, indeed, oppositional. - My 1933 Nightmare, David Michael Green, August 11, 2009 http://www.commondreams.org/view/2009/08/11 Ideology? Well, never mind. On the other hand, for the voters to think this rather considerably conservative president was the messiah isn't that much less deluded. Spin is spin. The birther/deather nutters are beyond hope, but I think if a disgruntled Obama voter had a read of Paxton and took another look at the election and since, it might wake him up a bit. Green says: Everybody talks about fascism nowadays, not least those on the right who remarkably manage to call Barack Obama a fascist in the same breath as they label him a socialist. The term has been beaten into near meaninglessness from ubiquitousness of application. (Could this be another extremely clever semantics ploy of the right-wing marketing machine, taking the term out of use now that it is legitimately applicable, by over- and ab-using it? Damn, these guys are good.) I don't think he's necessarily being paranoid in the last bit, but he might not reach far enough in attributing it to the right-wing marketing machine, it goes deeper than that. Green says: There are many examples of this, but one of the most clever has been the defining of wholly corporate center-right political figures like Bill Clinton or Barack Obama as extreme leftists, and the defining of the mainstream media as hopelessly biased toward liberalism. He adds: The Democratic Party is nothing more than the sorta not-Republican Party, and stands for nothing other than a quieter and more slowly-unfolding version of the GOP's crimes. In other words, the Bush-Cheney regime was a much faster and more in-your-face version of Clinton's crimes, and Obama is once again a quieter and slower version of the same thing. It has continuity, the crimes don't change. I think sideshows like the current birther/deather fiasco are just a distraction, it works well, good cover for any crypto-fascists in the White House. Give Green a read and see how it distracts him. But it's chilling nonetheless. Green talks of tens of millions of people, filled with anger, with a credulity that cares nothing about being rational; he see them as a force being used to drag the US back into the 17th century. I don't think he's exaggerating much. I don't think very many Americans are aware of how the rest of the world gets the horrors when the US does this kind of stuff. :-( i think the only way the fascist dynamic in this country will switch from the crypto to the full-on, jack-booted mass rallies variety,
Re: [Biofuel] Chilling stuff...
of this, but one of the most clever has been the defining of wholly corporate center-right political figures like Bill Clinton or Barack Obama as extreme leftists, and the defining of the mainstream media as hopelessly biased toward liberalism. He adds: The Democratic Party is nothing more than the sorta not-Republican Party, and stands for nothing other than a quieter and more slowly-unfolding version of the GOP's crimes. In other words, the Bush-Cheney regime was a much faster and more in-your-face version of Clinton's crimes, and Obama is once again a quieter and slower version of the same thing. It has continuity, the crimes don't change. I think sideshows like the current birther/deather fiasco are just a distraction, it works well, good cover for any crypto-fascists in the White House. Give Green a read and see how it distracts him. But it's chilling nonetheless. Green talks of tens of millions of people, filled with anger, with a credulity that cares nothing about being rational; he see them as a force being used to drag the US back into the 17th century. I don't think he's exaggerating much. I don't think very many Americans are aware of how the rest of the world gets the horrors when the US does this kind of stuff. :-( i think the only way the fascist dynamic in this country will switch from the crypto to the full-on, jack-booted mass rallies variety, is either in response to a major existential crisis such as a major, truly lethal pandemic, or if they (the powers that be) decide that war with china is simply unavoidable. You're probably right (unless you get both of them at once, each a cover for the other). Regards Keith ___ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/sustainablelorgbiofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (70,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/ -- Regards, Jim -- next part -- An HTML attachment was scrubbed... URL: /pipermail/attachments/20090814/bc07d76c/attachment.html ___ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/sustainablelorgbiofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (70,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/
Re: [Biofuel] Chilling stuff...
you're right about paxton. it has it's flaws, but still a good overall analysis. it's good that the press points out the pre- and post-innauguration obama disconnects. i only wish it weren't only (or virtually so) the so-called lefties they bothered to critique. i was watching the coverage of the townhall meetings the other day and i couldn't help thinking of the john kerry tasering incident in florida. if that poor fellow had behaved even remotely like these screamers have been allowed to carry on, he'd have been gunned down on the spot. with prejudice. if, when gwb was potus, someone had attempted to approach within three miles of a presidential townhall meeting with a gun strapped to his leg, they would have called in an airstrike on him. these are also very serious disconnects. in fact, for very serious and important that the obama disconnect is, these others are even more so. the message is very clear. unmistakeable. unspoken. understood by all. if you want to speak about public affairs/public policy from a place of compassion, humanity, reason, then get ready for the takedown. but if you're all about hate, well, they'll hold the door open for you and beg you to let them get you a refreshment. cryptofascism. . .aint it grand? ___ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/sustainablelorgbiofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (70,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/
[Biofuel] Pat Coleby on Vitamin C Treatment for SNAKE BITES
easy to damage vital nerves there. Three quarters to 1 cm penetration is needed, and, if in doubt, get it under the skin anyway. You can repeat the treatment without risk. Vitamin C overdose results in nothing worse than diarrhoea, and anaphylaxis cannot occur. However when the dog is really sick it will allow you to do the injecting (which can sting in small animals) without objecting. If it starts to make a fuss you know that it is feeling much better, and the subsequent doses should be given as powder in the mouth. It is a good idea to give two or three backups just to make sure all the venom has been detoxified. Pat Coleby Pat is a farmer who writes books on animal care and lectrues widely on the subject as well as being a consultant. Read the book by Thomas E. Levy, MD, JD entitled: Curing the Incurable will also see conclusive research showing that Vitamin C is the ideal agent for ... -- killing infecting viruses untouched by antibiotics -- neutralizing and often eliminating nearly any toxic substance capable of poisoning the body -- killing most bacteria, fungi, and other microbial agents -- Vitamin C can prevent, reverse, and/or cure a host of infectious diseases like herpes, hepatitis, AIDS, West Niles Virus, Rocky Mountain Spotted Fever, killer influenza viruses, and others. -- Vitamin C is a powerful antidote against the toxic effects of pesticides, pollution, poisons, and prescription drugs you face everyday. (http://www.papercut.biz/emailStripper.htm) -- next part -- An HTML attachment was scrubbed... URL: /pipermail/attachments/20090814/c9bcc87f/attachment.html ___ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/sustainablelorgbiofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (70,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/
