The CoinGuy Posted August 22, 2005 Report Share Posted August 22, 2005 Echoes From The Cave... Link to comment Share on other sites More sharing options...
ThorAss Posted August 22, 2005 Author Report Share Posted August 22, 2005 Echoes From The Cave... <{POST_SNAPBACK}> Link to comment Share on other sites More sharing options...
ThorAss Posted August 22, 2005 Author Report Share Posted August 22, 2005 Confusing.......................... 1. If Fed Ex and UPS were to merge, would they call it Fed UP? 2. Do Lipton Tea employees take coffee breaks? 3. If olive oil comes from olives, where does baby oil come from? 4. If people from Poland are called Poles, why aren't people from Holland called Holes? 5. Do infants enjoy infancy as much as adults enjoy adultery? 6. Why the man who invests all your money called a broker? 7. If horrific means to make horrible, does terrific mean to make terrible? 8. Why is it called building when it is already built? 9. If a book about failures doesn't sell, is it a success? 10. If you're not supposed to drink and drive, then why do bars have parking lots? 11. If you take an Oriental person and spin him around several times, does he become disoriented? 12. If vegetarians eat vegetables, what do humanitarians eat?? Human ??? 13. If working hours are meant for working, then why are you reading this ??? Gggeetttttt Backkkkkkk to WORKkkkkk...!!!!!!!!!!!!!!!!!!!!!!!!! To which I would add if a king runs a kingdom and an emporer runs an empire who runs a country? Link to comment Share on other sites More sharing options...
traderfromhell Posted August 22, 2005 Report Share Posted August 22, 2005 COT. Link to comment Share on other sites More sharing options...
jackn3 Posted August 22, 2005 Report Share Posted August 22, 2005 I usually do not post, but I thought this was important information. Treasury Department Claims Power to Seize Gold, Silver--and Everything Else, GATA Says Monday August 22, 8:45 am ET MANCHESTER, Conn.--(BUSINESS WIRE)--Aug. 22, 2005--The U.S. Government has the authority to prohibit the private possession of gold and silver coin and bullion by U.S. citizens during wartime, and, during wartime and declared emergencies, to freeze their ownership of shares of mining companies, the Treasury Department has told the Gold Anti-Trust Action Committee. ADVERTISEMENT But gold and silver owners aren't alone in such jeopardy. For the U.S. Government claims the authority in declared emergencies to seize or freeze just about everything else that might be considered a financial instrument. The Treasury Department's assertions came in a letter to GATA dated August 12 and written by Sean M. Thornton, chief counsel for the department's Office of Foreign Assets Control, who replied to questions GATA posed to the department in January. It took GATA six months and some prodding to get answers from the Treasury, but the Treasury's reply, when it came, was remarkably comprehensive and candid. The government's authority to interfere with the ownership of gold, silver, and mining shares arises, Thornton wrote, from the Trading With the Enemy Act, which became law in 1917 during World War I and applies during declared wars, and from 1977's International Emergency Economic Powers Act, which can be applied without declared wars. While the Trading With the Enemy Act authorizes the government to interfere with the ownership of gold and silver particularly, it also applies to all forms of currency and all securities. So the Treasury official stressed in his letter to GATA that the act could be applied not just to shares of gold and silver mining companies but to the shares of all companies in which there is a foreign ownership interest. Further, there is no requirement in the law that the targets of the government's interference must have some connection to the declared enemies of the United States, nor even some connection to foreign ownership. Anything that can be construed as a financial instrument, no matter how innocently it has been used, is subject to seizure under the Trading With the Enemy Act and the International Emergency Economic Powers Act. Having just gone through a controversy about a Supreme Court decision about government's power of eminent domain, most Americans may be surprised to learn that the Trading With the Enemy Act and the International Emergency Economic Powers Act could expropriate them instantly and far more broadly without any of the due process extended to parties in eminent domain cases. All that is needed is a presidential proclamation of an emergency of some kind -- and of course Americans lately have been living in a state of perpetual emergency. When the Trading With the Enemy Act was passed in 1917, gold and silver formed part of the official currency of the United States and were essential to ordinary commerce, so perhaps an argument could be made then against "hoarding," even if "hoarding" could not be well defined. That is no longer the case; the United States has officially disavowed gold and silver as money and they no longer have a meaningful role in commerce. (GATA is working on that.) So gold and silver investors may want to ask their members of Congress to seek repeal of the statutes that give the government the authority to interfere with the private ownership of gold and silver, emergencies or not. And ordinary citizens with no particular interest in gold and silver may want to ask their members of Congress to reconsider these statutes simply for being wildly tyrannical. GATA's correspondence with the Treasury Department is posted on the Internet here: http://groups.yahoo.com/group/gata/message/3276 I would be interested in your comments! Link to comment Share on other sites More sharing options...
Guest Posted August 22, 2005 Report Share Posted August 22, 2005 Yikes !!! Looks like I better get that Canadian citizenship and land up there right quick. Thanks.. Wait till this makes the rounds. Someone notify Rep Ron Paul for his comments... "Treasury Department Claims Power to Seize Gold, Silver--and Everything Else" Link to comment Share on other sites More sharing options...
Charmin Posted August 22, 2005 Report Share Posted August 22, 2005 HMY has a tad of ice/resist in the 8.70 area... watching the 8.40 area up to 8.70 trading range for break either way 9 area needs to break out for 10 area target for now... Link to comment Share on other sites More sharing options...
Charmin Posted August 22, 2005 Report Share Posted August 22, 2005 Hey JacKn3... eventually the government will require electronic transactions for everything.... but when that happens you may be able to make some transactions with PM in the underground market.... if one exists then... they'll probably first make rationing at the pump mandatory.... then from soup to nuts.... one more generation ....is about all it will take... aka those born after 1990 Link to comment Share on other sites More sharing options...
Old Habits Posted August 22, 2005 Report Share Posted August 22, 2005 Thanks Thor and Bearvest It is obvious that you guys spend alot of hours working on this stuff. You deserve to make some nice $$$. P.S. Thor, I intend to answer every single question in your post just as soon as my wife tells me how to answer. Link to comment Share on other sites More sharing options...
traderfromhell Posted August 22, 2005 Report Share Posted August 22, 2005 I usually do not post, but I thought this was important information.Treasury Department Claims Power to Seize Gold, Silver--and Everything Else, GATA Says Monday August 22, 8:45 am ET MANCHESTER, Conn.--(BUSINESS WIRE)--Aug. 22, 2005--The U.S. Government has the authority to prohibit the private possession of gold and silver coin and bullion by U.S. citizens during wartime, and, during wartime and declared emergencies, to freeze their ownership of shares of mining companies, the Treasury Department has told the Gold Anti-Trust Action Committee. ADVERTISEMENT But gold and silver owners aren't alone in such jeopardy. For the U.S. Government claims the authority in declared emergencies to seize or freeze just about everything else that might be considered a financial instrument. The Treasury Department's assertions came in a letter to GATA dated August 12 and written by Sean M. Thornton, chief counsel for the department's Office of Foreign Assets Control, who replied to questions GATA posed to the department in January. It took GATA six months and some prodding to get answers from the Treasury, but the Treasury's reply, when it came, was remarkably comprehensive and candid. The government's authority to interfere with the ownership of gold, silver, and mining shares arises, Thornton wrote, from the Trading With the Enemy Act, which became law in 1917 during World War I and applies during declared wars, and from 1977's International Emergency Economic Powers Act, which can be applied without declared wars. While the Trading With the Enemy Act authorizes the government to interfere with the ownership of gold and silver particularly, it also applies to all forms of currency and all securities. So the Treasury official stressed in his letter to GATA that the act could be applied not just to shares of gold and silver mining companies but to the shares of all companies in which there is a foreign ownership interest. Further, there is no requirement in the law that the targets of the government's interference must have some connection to the declared enemies of the United States, nor even some connection to foreign ownership. Anything that can be construed as a financial instrument, no matter how innocently it has been used, is subject to seizure under the Trading With the Enemy Act and the International Emergency Economic Powers Act. Having just gone through a controversy about a Supreme Court decision about government's power of eminent domain, most Americans may be surprised to learn that the Trading With the Enemy Act and the International Emergency Economic Powers Act could expropriate them instantly and far more broadly without any of the due process extended to parties in eminent domain cases. All that is needed is a presidential proclamation of an emergency of some kind -- and of course Americans lately have been living in a state of perpetual emergency. When the Trading With the Enemy Act was passed in 1917, gold and silver formed part of the official currency of the United States and were essential to ordinary commerce, so perhaps an argument could be made then against "hoarding," even if "hoarding" could not be well defined. That is no longer the case; the United States has officially disavowed gold and silver as money and they no longer have a meaningful role in commerce. (GATA is working on that.) So gold and silver investors may want to ask their members of Congress to seek repeal of the statutes that give the government the authority to interfere with the private ownership of gold and silver, emergencies or not. And ordinary citizens with no particular interest in gold and silver may want to ask their members of Congress to reconsider these statutes simply for being wildly tyrannical. GATA's correspondence with the Treasury Department is posted on the Internet here: http://groups.yahoo.com/group/gata/message/3276 I would be interested in your comments! <{POST_SNAPBACK}> Total scare tactic. Buy Mortimer. The big boyz want it all. Link to comment Share on other sites More sharing options...
Old Habits Posted August 22, 2005 Report Share Posted August 22, 2005 Yikes !!! Looks like I better get that Canadian citizenship and land up there right quick. Thanks.. Wait till this makes the rounds. Someone notify Rep Ron Paul for his comments... "Treasury Department Claims Power to Seize Gold, Silver--and Everything Else" <{POST_SNAPBACK}> Hopefully we will all have made alot of money and already gotten out of this sector before it gets to that point. If not, I'll be packing up the gold, the guns and the ammo and headed to the wilderness. If it does get to that point, I suspect confiscation of our goods will be the least of our concerns. Link to comment Share on other sites More sharing options...
Guest Posted August 22, 2005 Report Share Posted August 22, 2005 "the big boys want it all" Yup.. every time I go to Vegas I am always amazed just how aggressive they are for EVERY LAST DOLLAR. I mean, if you just 2 dolars you want to gamble, they will be just as focused on getting it as they will the guy with $200 or $2000 dollars to gamble. As long as you have still one "bone" in Vegas, the casinos wil treat you like a prince. "They want it ALL" ... exactly.. Link to comment Share on other sites More sharing options...
Guest Posted August 22, 2005 Report Share Posted August 22, 2005 in theory, they can confiscate your gold, if you hand it over. if one buys coins that dont have to be reported, then what? are you going to hand your stuff over? not bloody likely. i am stepping way back, not trying to overanalyze. the trend is and has been up. then a year correction occurred. until the market shows otherwise, i am going w/ that. at present gold broke out of a triangle, which projects to 484. i am holding and adding on weakness. its my plan and strategy, and i am sticking to it. so far, and thats since its inception, the fed has been and is an engine of inflation. we are in a period of high inflation here. throw in the kicker of a possible end to the dolar rally and the mix should lead to higher gold prices. my charts indicate that. and i am sticking to it. dont know if we break over 100 on this rally-xau. dharma Link to comment Share on other sites More sharing options...
Old Habits Posted August 22, 2005 Report Share Posted August 22, 2005 in theory, they can confiscate your gold, if you hand it over. if one buys coins that dont have to be reported, then what? are you going to hand your stuff over? not bloody likely. i am stepping way back, not trying to overanalyze. the trend is and has been up. then a year correction occurred. until the market shows otherwise, i am going w/ that. at present gold broke out of a triangle, which projects to 484. i am holding and adding on weakness. its my plan and strategy, and i am sticking to it. so far, and thats since its inception, the fed has been and is an engine of inflation. we are in a period of high inflation here. throw in the kicker of a possible end to the dolar rally and the mix should lead to higher gold prices. my charts indicate that. and i am sticking to it. dont know if we break over 100 on this rally-xau. dharma <{POST_SNAPBACK}> Glad to see nothing has changed with you Dharma. Looks like this rally is going to fade today. Might need a $5 up day in the POG to stir things up again. Unfortunately, this action seems all too familiar. Link to comment Share on other sites More sharing options...
traderfromhell Posted August 22, 2005 Report Share Posted August 22, 2005 Miner action not encouraging today. Link to comment Share on other sites More sharing options...
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