The Five Freedoms: L I B E R T Y
The Five Freedoms:
Freedom of Speech
Guaranteed by a free Internet
Freedom from Tyranny
Guaranteed by firearms ownership.
Freedom of Assembly
Guaranteed by private property ownership
Freedom of Movement
Guaranteed by personal transport ownership
Freedom of Wealth
Guaranteed by GOLD ownership
Mission:
"History records that the money changers
have used every form of
abuse,
intrigue,
deceit, and
violent means possible,
to maintain their control over
governments,
by controlling money and its issuance."
- James Madison -
The mission is to show that economic freedom
is inseparable from physical Gold and Silver ownership,
with mining shares, and that without
this economic freedom,
all the other freedoms are diminished
or rendered null and void by
the money power of the State.
In order accomplish this,
comments and essays by various authors
in the fields of economics and markets
will be displayed and archived
for the investors's information.
In order to effect essential political
and economic change, this
supports Americans for a Free Republic.
Specials:
"The Disappearing Dollar"
Dr. Ron Paul's Texas Straight Talk
article on the inflating dollar
* Ron Paul
THE DISAPPEARING DOLLAR
by Rep. Ron Paul, MD
Those who follow financial markets may be familiar
with the term “strong-dollar policy,” which is used
by Bush administration officials and Federal Reserve
Chairman Alan Greenspan himself.
One might assume that such a policy entailed a course
of action designed to strengthen the value of
the U.S. dollar.
However, if we judge Fed policy by Mr. Greenspan’s
actions rather than his words, it appears we have a
weak-dollar policy, a policy that erodes the value
of your personal savings.
The “strong-dollar policy” is nothing more than an
empty political slogan.
The inescapable truth is that the value of the
U.S. dollar has fallen over 30% in the past year,
which to most people would not seem indicative of
strength.
There are several reasons for this decline, but the
single biggest factor has been Mr. Greenspan’s relentless
increase of the money supply.
There are roughly sixteen trillion dollars in worldwide
use today, five trillion more than when Greenspan
became Fed chair.
The law of supply is immutable:
When dollars are abundant they are also cheap.
For much of our history a Gold Standard imposed
discipline on U.S. dollar policy, since every dollar
printed theoretically was redeemable in Gold.
Since the last links between the dollar and Gold were
severed in 1971, the dollar essentially has operated
as an article of faith.
Christopher Mayer, writing for the Ludwig von Mises
Institute, states:
“Faith that paper money itself was of any lasting value
would have struck our forebears as patently absurd.”
The problem is that faith can be shaken, and the
precipitous drop in the dollar shows how investors
around the globe are very concerned about American
deficits and debt.
When government policies in a fiat system are the sole
measure of a currency’s worth, the currency markets act
as a reliable barometer of how those policies are viewed
around the world.
Politicians often manage to fool voters and the media,
but they rarely fool the financial markets over time.
When investors lack faith in the U.S. dollar, they really
lack faith in the economic policies of the U.S. government.
The Medicare prescription drug bill passed two weeks ago
provides an example of this phenomenon -
the day after the bill passed, the dollar dropped
once again.
Investors understand that the new entitlement will
cost trillions over coming decades, trillions that
will come from Treasury printing presses and further
devalue existing dollars.
Ultra-cautious investor Warren Buffett is trading
heavily in foreign currencies for the first time,
demonstrating his lack of faith in the dollar.
His predicament is simple:
He holds billions of dollars, and cannot afford to sit
by and watch the value of those dollars drop another 30%.
By taking a position against the U.S. dollar,
his actions speak volumes.
Unlike Warren Buffett, most Americans are stuck
with their U.S. dollars.
Average people, particularly those who depend on
savings or fixed incomes to fund their retirement
years, cannot abide the continued devaluation
of our currency.
A true strong-dollar policy would require constriction
of the money supply and higher interest rates, both
of which would cause some short-term pain for
the American economy.
In the long run, however, such a correction is
the only alternative to the continued
erosion of our dollars.
The Gold derivatives
neutron bomb going off.
It has not happened yet, but it is coming.
The price of GOLD will go berserk!!
The GOLD shares will go bananas!!
Eurasia Gold Corp. (EGX:TSX-V) Producing Gold Mines...
Through Andas-Altyn LLP, its wholly-owned Kazakh subsidiary,
the company owns and operates its Central Mukur and Myaly
Gold Mine Production sites.
Eurasia Gold also owns Centramining Limited,
a private company holding the rights to Gold projects
located in the Republic of Kazakhstan.
EGX produced 26,481 ounces in 2002,
a 48% increase is considered very satisfactory...
www.eurasiagold.com/goldprod.html
The value today of the two Gold Mines
development and infrastructure would
cost above $40 milj. and its about
10 times the price of the market cap.
which is undervalued and oversold.
Add the value of 59 more Gold deposits with
feasibility studies made by USSR and
explorations > 10 years
to each deposit by USSR who classified
them as future Gold mines and must have
spent about $10 million on each
Gold deposit ~
10 mil times 59 gold deposits makes a total
$500 million and more in cost today ~
to take each deposit from grassrot stage
to be a potential future Gold Mine!
Eurasia’s objective to increase its annual Gold
production incrementally to 60,000 ounces, and
is on its way to become a major Gold Producer
in Europe.
This increase will come through increasing the production
capability of the two existing projects, and through
acquisition and development of other
oxide deposits in Kazakhstan.
The Central Mukur and Myaly mining licences host 59 known
zones of oxide mineralization.
The remaining zones are at various stages of exploration
or development to ensure continuity of mining operations
Eurasia Gold Corp. is a Gold Mining producing company
incorporated in Canada and headquartered in Toronto,
Ontario.
The company operates two Gold Mines in the
Republic of Kazakhstan through its wholly owned
subsidiary, Andas-Altyn LLP.
www.eurasiagold.com/goldprod.html
The company’s primary business is mining and processing
Gold as well as acquiring and developing additional
Gold deposits in Kazakhstan.
The Gold Mines use conventional open-pit mining methods
and the Gold is extracted by heap leaching operations.
Operating Activities
In 2002 operating activities increased substantially
over that in 2001.
The EGX;
Gold production at the Central
Mukur and Myaly mine sites
increased from 17,946 ounces in 2001
to 26,481 ounces in 2002,
a 48% increase is considered very satisfactory.
The cash cost of production in 2002 averaged
US$237 per ounce...and about $210 in 2003
A record production of 8,596 ounces of GOLD
was precipitated during the 3rd quarter of 2003,
compared to 7,328 ounces in the 2nd quarter.
EGX is doing extremely well and making a good profit
as well, compared to a lot of other Gold expl.
companies - who trading 100 times more in market
cap values than EGX?
EGX has plenty of more hard assets of Gold Mines
today and should be trading in a much higher
values than in 1996...
a TA hidden top EGX trendline
shows the target closer to $2.00,
cbs.marketwatch.com/charts/...tick=1&rand=80379664&siteid=mktw
The EGX is a bargain low cost Gold Producer
at a low share price for
any investor with foresight to get in
at a good price, imo!
I will also look in to take some more positions in EGX to
support and celebrate their liberty and welcome them to
the Euro Union.
EGX @ Toronto - TSE
www.tse.com/...dPrices&Language=en&QuoteSymbol_1=egx&x=30&y=10
Kazakhstan used to be ussr's largest Gold Producing region.
Kazakhstan: Liberty ~ Independence: 16 December 1991
(from the tyrant of the Soviet Union USSR)
www.cia.gov/cia/publications/factbook/geos/kz.html
Eurasia Gold Corp. dd..
www.eurasiagold.com
www.ivarkreuger.com
The Crystal ball ~
~ Video Clip from GATA about GOLD ~
www.smartstox.com/interviews/gata.html
Hard Asset PM Gold Mine Investing.
Imo Tia.
Merry Christmas & Happy New Year
The Five Freedoms:
Freedom of Speech
Guaranteed by a free Internet
Freedom from Tyranny
Guaranteed by firearms ownership.
Freedom of Assembly
Guaranteed by private property ownership
Freedom of Movement
Guaranteed by personal transport ownership
Freedom of Wealth
Guaranteed by GOLD ownership
Mission:
"History records that the money changers
have used every form of
abuse,
intrigue,
deceit, and
violent means possible,
to maintain their control over
governments,
by controlling money and its issuance."
- James Madison -
The mission is to show that economic freedom
is inseparable from physical Gold and Silver ownership,
with mining shares, and that without
this economic freedom,
all the other freedoms are diminished
or rendered null and void by
the money power of the State.
In order accomplish this,
comments and essays by various authors
in the fields of economics and markets
will be displayed and archived
for the investors's information.
In order to effect essential political
and economic change, this
supports Americans for a Free Republic.
Specials:
"The Disappearing Dollar"
Dr. Ron Paul's Texas Straight Talk
article on the inflating dollar
* Ron Paul
THE DISAPPEARING DOLLAR
by Rep. Ron Paul, MD
Those who follow financial markets may be familiar
with the term “strong-dollar policy,” which is used
by Bush administration officials and Federal Reserve
Chairman Alan Greenspan himself.
One might assume that such a policy entailed a course
of action designed to strengthen the value of
the U.S. dollar.
However, if we judge Fed policy by Mr. Greenspan’s
actions rather than his words, it appears we have a
weak-dollar policy, a policy that erodes the value
of your personal savings.
The “strong-dollar policy” is nothing more than an
empty political slogan.
The inescapable truth is that the value of the
U.S. dollar has fallen over 30% in the past year,
which to most people would not seem indicative of
strength.
There are several reasons for this decline, but the
single biggest factor has been Mr. Greenspan’s relentless
increase of the money supply.
There are roughly sixteen trillion dollars in worldwide
use today, five trillion more than when Greenspan
became Fed chair.
The law of supply is immutable:
When dollars are abundant they are also cheap.
For much of our history a Gold Standard imposed
discipline on U.S. dollar policy, since every dollar
printed theoretically was redeemable in Gold.
Since the last links between the dollar and Gold were
severed in 1971, the dollar essentially has operated
as an article of faith.
Christopher Mayer, writing for the Ludwig von Mises
Institute, states:
“Faith that paper money itself was of any lasting value
would have struck our forebears as patently absurd.”
The problem is that faith can be shaken, and the
precipitous drop in the dollar shows how investors
around the globe are very concerned about American
deficits and debt.
When government policies in a fiat system are the sole
measure of a currency’s worth, the currency markets act
as a reliable barometer of how those policies are viewed
around the world.
Politicians often manage to fool voters and the media,
but they rarely fool the financial markets over time.
When investors lack faith in the U.S. dollar, they really
lack faith in the economic policies of the U.S. government.
The Medicare prescription drug bill passed two weeks ago
provides an example of this phenomenon -
the day after the bill passed, the dollar dropped
once again.
Investors understand that the new entitlement will
cost trillions over coming decades, trillions that
will come from Treasury printing presses and further
devalue existing dollars.
Ultra-cautious investor Warren Buffett is trading
heavily in foreign currencies for the first time,
demonstrating his lack of faith in the dollar.
His predicament is simple:
He holds billions of dollars, and cannot afford to sit
by and watch the value of those dollars drop another 30%.
By taking a position against the U.S. dollar,
his actions speak volumes.
Unlike Warren Buffett, most Americans are stuck
with their U.S. dollars.
Average people, particularly those who depend on
savings or fixed incomes to fund their retirement
years, cannot abide the continued devaluation
of our currency.
A true strong-dollar policy would require constriction
of the money supply and higher interest rates, both
of which would cause some short-term pain for
the American economy.
In the long run, however, such a correction is
the only alternative to the continued
erosion of our dollars.
The Gold derivatives
neutron bomb going off.
It has not happened yet, but it is coming.
The price of GOLD will go berserk!!
The GOLD shares will go bananas!!
Eurasia Gold Corp. (EGX:TSX-V) Producing Gold Mines...
Through Andas-Altyn LLP, its wholly-owned Kazakh subsidiary,
the company owns and operates its Central Mukur and Myaly
Gold Mine Production sites.
Eurasia Gold also owns Centramining Limited,
a private company holding the rights to Gold projects
located in the Republic of Kazakhstan.
EGX produced 26,481 ounces in 2002,
a 48% increase is considered very satisfactory...
www.eurasiagold.com/goldprod.html
The value today of the two Gold Mines
development and infrastructure would
cost above $40 milj. and its about
10 times the price of the market cap.
which is undervalued and oversold.
Add the value of 59 more Gold deposits with
feasibility studies made by USSR and
explorations > 10 years
to each deposit by USSR who classified
them as future Gold mines and must have
spent about $10 million on each
Gold deposit ~
10 mil times 59 gold deposits makes a total
$500 million and more in cost today ~
to take each deposit from grassrot stage
to be a potential future Gold Mine!
Eurasia’s objective to increase its annual Gold
production incrementally to 60,000 ounces, and
is on its way to become a major Gold Producer
in Europe.
This increase will come through increasing the production
capability of the two existing projects, and through
acquisition and development of other
oxide deposits in Kazakhstan.
The Central Mukur and Myaly mining licences host 59 known
zones of oxide mineralization.
The remaining zones are at various stages of exploration
or development to ensure continuity of mining operations
Eurasia Gold Corp. is a Gold Mining producing company
incorporated in Canada and headquartered in Toronto,
Ontario.
The company operates two Gold Mines in the
Republic of Kazakhstan through its wholly owned
subsidiary, Andas-Altyn LLP.
www.eurasiagold.com/goldprod.html
The company’s primary business is mining and processing
Gold as well as acquiring and developing additional
Gold deposits in Kazakhstan.
The Gold Mines use conventional open-pit mining methods
and the Gold is extracted by heap leaching operations.
Operating Activities
In 2002 operating activities increased substantially
over that in 2001.
The EGX;
Gold production at the Central
Mukur and Myaly mine sites
increased from 17,946 ounces in 2001
to 26,481 ounces in 2002,
a 48% increase is considered very satisfactory.
The cash cost of production in 2002 averaged
US$237 per ounce...and about $210 in 2003
A record production of 8,596 ounces of GOLD
was precipitated during the 3rd quarter of 2003,
compared to 7,328 ounces in the 2nd quarter.
EGX is doing extremely well and making a good profit
as well, compared to a lot of other Gold expl.
companies - who trading 100 times more in market
cap values than EGX?
EGX has plenty of more hard assets of Gold Mines
today and should be trading in a much higher
values than in 1996...
a TA hidden top EGX trendline
shows the target closer to $2.00,
cbs.marketwatch.com/charts/...tick=1&rand=80379664&siteid=mktw
The EGX is a bargain low cost Gold Producer
at a low share price for
any investor with foresight to get in
at a good price, imo!
I will also look in to take some more positions in EGX to
support and celebrate their liberty and welcome them to
the Euro Union.
EGX @ Toronto - TSE
www.tse.com/...dPrices&Language=en&QuoteSymbol_1=egx&x=30&y=10
Kazakhstan used to be ussr's largest Gold Producing region.
Kazakhstan: Liberty ~ Independence: 16 December 1991
(from the tyrant of the Soviet Union USSR)
www.cia.gov/cia/publications/factbook/geos/kz.html
Eurasia Gold Corp. dd..
www.eurasiagold.com
www.ivarkreuger.com
The Crystal ball ~
~ Video Clip from GATA about GOLD ~
www.smartstox.com/interviews/gata.html
Hard Asset PM Gold Mine Investing.
Imo Tia.
Merry Christmas & Happy New Year
