Gold und Silber... Informationen und Vermutungen I



    ..... dann werden eben Gueter/Realwerte gegen Gueter getauscht, das kann auch noch kommen in dem Chaos.


    Wie einfach wenn jeder Insolvenz anmeldet, irgendeinen erwischt es dabei.


    So easy geht das auf Dauer nicht.


    Ausser bei Delta/Ford/GM oder American Airlines :D
    Da zahlt eventuell indirekt der Staat aber nicht beim kleinen Anleger wie wir es sind.
    Die Banken schnappen sich dann alles was noch uebrig ist und schreiben den Rest ab.
    Die Differenz zahlt der naechste mit hoeheren Krediten/Zinsen.
    Den letzten beissen die Hunde.


    Have a nice day ;)


    XEX

    In 2007 and 2008 that monster slush of dollars is going to find gold. It will find gold because, as reported today, central banks are beginning to sell dollars, not just simply stop buying them with a preference for Euros etc. Keep in mind central banks hold few dollars. What they hold is dollar based financial instruments.


    The footprint of this change is forming, and will take shape in my opinion no later than January 15th to January 29th 2007.


    Thereafter gold will go to $750 and above to $1000. This is not the “end story” of the price of gold, but only chapter two of this classic story known as the “Generational Bull Market In Gold.”


    http://jsmineset.com/


    Wish you a happy new year... ;)

    Zitat

    Original von germoney
    .....Die Methode, auf die Insolvenz zu spekulieren, seinen Verpflichtungen damit entgehen zu wollen, ist letztlich das I-Tüpfelchen zur Methode - kaufe jetzt, bezahle später, wenn überhaupt.


    Unter diesen Bedingungen ist kein langfristig gedeihliches Wirtschaften und Wirtschaftsleben mehr möglich.....


    Genau so ist es. Und genau so machen es fast alle westlichen Industrienationen. Und immer mehr Privatpersonen.


    Geld kann man daher nicht mehr als alleiniges, geeignetes Wertaufbewahrungsmittel ansehen. Durch derlei langfristig auf Betrug und heimlicher Vermögensvernichtung und -konfiskation angelegten Schuldenorgien gehen ganze Volkswirtschaften kaputt.


    Am Ende werden alle diejenigen, die sich haben betrügen, bestehlen und heimlich enteignen lassen bitterarm sein. Sie sind dann um die Früchte ihers Lebenswerkes gebracht. Und merken es erst dann, wenn sie selbige bitter nötig haben. Genau das ist das moralisch verwerfliche und heimtückische an der Inflation:


    Spare Geld in der Zeit, damit Du in der Not nichts von Wert besitzt.


    Sparen ist dann wirtschaftlich unsinnig, wenn zwei Voraussetzungen gegeben sind:


    Geldschöpfung aus dem Nichts in Verbindung mit künstlich, d.H. durch Geldvermehrung unten gehaltenen Geldmarktzinsen.

    Diese Voraussetzungen liegen bereits seit Mitte der 90er Jahre erkennbar vor.


    Wenn dann noch erkennbar ist, daß die Kreditqualität (Möglichkeit der Schuldne rzurückzuzahlen) rapide abnimmt, ist es Zeit für die Kapitalflucht in mobile und immobile Sachwerte.


    Und das kann man seit etwa 2000 zweifelsohne feststellen.


    Die Tatsache, daß etwas schädlich und zerstörerisch und schlimmes Unrecht ist, die besagt nicht, das genau das nicht stattfinden wird. Die Welt ist so, wie sie ist und nicht, wie man sie sich idealerweise wünscht.
    Auch daran führt kein Weg vorbei.


    Nun zu dem Angaben übers Klima in dem Dialog: sind diese historisch belegbar und wo kann man die Quellen dafür finden?. In den Medien wird immer behauptet, daß es noch nie so warm gewesen sei, wie derzeit. Ich glaube das auch nicht.


    Daß es Wärmeperioden -auch sehr lange Wärmeperioden - gegeben haben muss, kann man gelegentlich auch an sehr alten Gemäuern erkennen, bei denen riesige Fensteröffnungen dann später durch ganz kleine ersetzt wurden......


    Das mit dem Treibhausgas CO2 ist m.E. völliger Unfug: viel CO2 wird über Regenfälle in Weltmeeren und Böden gelöst, wo es dann Kalk un Kalciumhydrogencrabonat umwandelt oder basische Bestandteile in Karbonate.


    Das ist ein gewaltiger Puffer, der verhindert, daß der C02-Gehalt immer weiter in dem Maß ansteigt, wie Co2 von Menschen freigesetzt wird.


    Kaum ein Klimamodell das in den Medien erklärt wird, geht darauf ein. Überhaupt scheinen viele Erklärungen lineares Stümperwerk zu sein, daß der komplexeren Realität nicht annähernd gerecht wird.


    Genau so übrigens wie die immer neu und kreativer berechneten Konsumentenpreisindices mit ihren angeblich immer besseren Produkten.....


    Geht doch mal zum Fliessbandbäcker und esst dessen Backwaren. Die solen besser sein, als das Brot, was man noch von 20 oder 30 Jahren beim Bäckerkaufen konnte?. Lachhaft.


    Schaut euch die Qualität von Schuhen an. Früher konnte man für 100 DM ein Paar Schuhe kaufen und die ein ganzes Jahr lang tragen. Versucht das mal mit heutigem Schuhwerk der unteren Preisklasse.......


    Plastiksohlen und Pappabsätze? gabs früher nur für Schuhe, die man Toten im Sarg anzog.......


    Klar: Kaviar und Lachs, das gibts heute in jedem Supermarkt. Aber ob es schmeckt? Viel dort angebitenes Obst schmeckt auf keinen Fall. Schnell in Treibhäusern hochgezogenes Zeugs und oftmals wahrscheinlich noch mit Pflanzenschutzmitteln verseucht.....


    Diuese Produkte sind oftmals ungeniessbar (Gammelfleichdiskussion). Habe noch nie davon gehört, daß sowas in Konsumentenpreisindices einfliesst......

    Thema Erderwärmung: Es kommt immer auf den Betrachtungszeitraum an. ;) Traue niemals Statistiken, die Du nicht selbst gefälscht hast.
    Verdrängt Eis volumenmäßig nicht mehr, als Wasser??! Warum soll dann beim Abschmilzen der Meeresspiegel ansteigen ---> Archimedes??! Manchmal sollten unsere Experten eben das Hirn einschalten...

    "Ess und trink so lang Dir´s schmeckt scho 2mal ist uns´s Geld verreckt!"; "Steuerbetrug ist der strafbare Versuch des Steuerpflichtigen den legalisierten Diebstahl durch die Herrschenden zu verhindern." "Goldpreis = Gold/Vertrauen in die Geldwertstabilität."

    Homm13: MAnchmal aber wäre es besser gewesen, im Erdkundeunterricht aufgepasst zu haben:


    Weil sich ungeheuer große Eismengen auf dem Land, also weit oberhalb des Meeresspiegels befinden und somit KEIN Wasser verdrängen, greift der Archimedes hier nicht.


    Das Eis schmilzt, das Wasser läuft erst dann ins Meer und lässt es ansteigen. Und das Land, auf dem das Eis lag dürfte sich dann auch noch ein paar Centimeter im Jahr anheben......


    ...wofür sich dann andere Landmassen senken müssten, denn Flüssigkeiten (Erdinneres) sind bekanntlich inkompressibel.


    Alles klar?


    Der endgültige Beweis, dass die beobachteten Klimaveränderungen vom Menschen verursacht worden sind, ist zumindest derzeit nicht zu führen. Auch wenn viele Wissenschaftler davon ausgehen.
    Es hat ja auch seinen Reiz, Horrorszenarien über die nächsten 100 Jahre zu malen, wohlwissend dass keiner je das Gegenteil beweisen können wird und man am Tag der Wahrheit längst tot ist. Zwischenzetilich lässt sich damit aber Aufsehen erregen Forschungsgelder kassieren und Karriere machen. Der durch Wunderheilung verschwundene Waldsterben läßt grüßen.


    (Wen´s interessiert, der sollte mal in Wikipedia unter "Waldsterben" nachschlagen. Das glaubt einem niemand, was da steht !!!!)


    Wenn es nun in einem Jahr mal ein paar Überschwemmungen mehr gibt, dann wird immer die Klimaveränderung herangezogen. Alle die diesen Zusammenhang als bewiesen ansehen, empfehle ich eine Reise nach Heidelberg an die alte Brücke. Dort findete man historische Hochwassermarken. Die höchste Marke ist derart hoch, dass man es nicht glauben mag, das gesamte Tal muss seinerzeit abgesoffen sein, einfach unvorstellbar, ein wirkliches Jahrtausendhochwasser.- Auch wenn dieses Hochwasser auf eine vorangegenagene Eiseskälte zurückzuführen war, man stelle sich mal vor, was die Klimapropheten heute daraus machen würden!!!
    "Schade" :D, dass dieses Hochwasser 1784 stattfand, als es das Wort Treibhauseffekt (und Waldsterben) noch nicht gab.


    Im übrigen muss sich niemand wundern, wenn man insbesondere durch die Politik solche Lächerlichkeiten, wie das Waldsterben erfindet, am am Ende die Glaubwürdigkeit bei ggf. ernsteren Themen verspielt hat.


    Sorry, meine lieben Politiker, das hättet Ihr Euch früher überlegen müssen. Ich mache mir jetzt mein eigenes Bild.

    • Offizieller Beitrag
    Zitat

    Original von mesodor39
    (....)
    Das Eis schmilzt, das Wasser läuft erst dann ins Meer und lässt es ansteigen. Und das Land, auf dem das Eis lag dürfte sich dann auch noch ein paar Centimeter im Jahr anheben......


    ...wofür sich dann andere Landmassen senken müssten, denn Flüssigkeiten (Erdinneres) sind bekanntlich inkompressibel.
    (....)


    Moin
    Also schon etwas weit vom Thema abgekommen, die letzte Diskussion.....! ;)


    Nur noch dies : Das Vorerwähnte ist richtig; per Saldo werden Länder und Gebiete mit flachen Küsten weit überschwemmt.
    Und trifft wie so oft, die Ärmsten, viele dichtbesiedelte Küstenregionen,insbes.Asien / Ozeanien.

    Aber wie gesagt, ein anderes Thema.


    Grüsse
    Edel Man


    "Die Märkte haben nie unrecht, die Menschen oft." Jesse Livermore, 20.Jh.


    "Die Demokratie ist das Paradies der Schreier und Schwätzer, Phraseure, Schmeichler und Schmarotzer, die jedem sachlichen Talent weit mehr den Weg verlegen, als dies in einer anderen Verfassungsform vorkommt." E.von Hartmann


    Dieser Beitrag ist eine persönliche Meinung gem. Art.5 Abs.1 GG und Urteil des BVG 1 BvR 1384/16

    Depremierend, fest steht, es wird waermer..... :D
    Ich bin auf das Wetter vom 16-29 Januar gespannt. :rolleyes:
    Das die Erde sich raecht wissen wir, da kommen noch mehr Dramas.
    Enjoy nature while you can. ;)..its a plastic & artificial world, hinter mir der Tsunami. :(
    But what goes round, comes around, meistens trifft es Unschuldige.

    Eins noch kurz zum Meeresspiegel:


    Der steigt nicht weil Eis schmilzt, sondern weil sich das Wasser ausdehnt wenn es wärmer wird.
    Solange die Polkappen noch existieren, wird das Wasser der Ozeane immer schön gekühlt (Eiswürfel im Glas).
    Wenn die Polkappen weg sind, erst dann geht das große Staunen los!


    Und genau so ist es bei Silber,Gold, etc pp
    Solange bei Regierungen oder Zentralbanken vom Vorrat noch was abschmilzt, bleiben die Preise kühl und dehnen sich nicht so sehr aus.
    Wenn aber nichts mehr da ist was abschmelzen kann, dann, erst dann sehen wir die wirkliche Ausdehnung / Anstieg.


    Na dann leg mal einen größeren Eiswürfel ins Whiskeyglas (ein Glas voll Wasser tut es auch ;) )-der ragt auch über die Wasseroberfläche hinaus und soll das Eisland repräsentieren- und schau mal was passiert ist, wenn er geschmolzen ist ;) Archimedes ist Physik und nicht Erdkunde, außerdem sollst Du mir meine Worte nicht im Munde umdrehn, sondern genau lesen ;)...


    Und was passiert beim Polsprung??! Nicht viel, denn das Magnetfeld wird niemals ganz zusammenbrechen...alles Horrorszenarien, was manche Wissenschaftler da vorschwafeln...aber Horrorszenarien haben ein Gutes, der Mensch fängt endlich das Denken an ;)

    "Ess und trink so lang Dir´s schmeckt scho 2mal ist uns´s Geld verreckt!"; "Steuerbetrug ist der strafbare Versuch des Steuerpflichtigen den legalisierten Diebstahl durch die Herrschenden zu verhindern." "Goldpreis = Gold/Vertrauen in die Geldwertstabilität."

    6 Mal editiert, zuletzt von Homm13 ()

    Typisch, Gold geht auf 635 und sofort kommt man mit good news und postiven Daten..... (alles Luegen, IMO)


    Dann noch der FED wird die Zinsen senken und alles ist wieder in Butter das der POG gleich um 3 dollar faellt.


    Die 4 Dollar fuer Kupfer, nie mehr im Leben, das kostet bald 2.50 USD


    Ich weiss nicht was ihr habt, es laeuft doch alles bestens in Amerika. :D


    Don't worry, be happy, buy Dow Jones and T-Bonds right now !

    ...und wer nimmts auf? =)


    ...mal was anderes vom 3.größten Silberproduzenten weltweit...


    Frisch von KGHM Polska:


    Signing of significant contract


    The Management Board of KGHM Polska Miedz S.A. announces that on 27 December 2006 a contract was signed between KGHM Polska Miedz S.A. and HSBC Bank USA N.A., London Branch for the sale of silver in 2007.


    The estimated value of this contract is USD 165 453.9 thousand, i.e. PLN 482 844.2 thousand. This amount was estimated based on metal prices and the National Bank of Poland exchange rate from 27 December 2006.


    The total estimated value of contracts entered into between KGHM Polska Miedz S.A. and HSBC Bank USA N.A., London Branch over the last 12 months is PLN 1 012 515.2 thousand. The highest-value contract signed during this period is the above-mentioned contract.


    The criteria used for describing the contract as significant is that the total estimated value of the contracts exceeds 10% of the equity of KGHM Polska Miedz S.A.


    Legal basis: § 5 sec. 1 point 3 of the Decree of the Minister of Finance dated 19 October 2005 regarding current and periodic information published by issuers of securities (Journal of Laws from 2005 Nr 209, item 1744)


    ...grüße


    emoba :rolleyes:

    Finally, regarding gold, we note that it is putting $629 to test
    from below, and perhaps more importantly, it is putting
    Gold/EUR to test at EUR480 from beneath also. As is
    reasonably evident from the chart of gold priced in EURs at
    the bottom left of p.1 this morning, a close upward through
    EUR480 would be most impressive from a purely technical
    perspective. Quite honestly, we think it is but a matter of
    time until that resistance is broken through... if not today,
    then perhaps tomorrow, and if not tomorrow, then after the
    turn of the year.
    We think that the Gold/EUR chart is especially important in
    light of our thesis that the driving force behind gold's long
    bull market is that of central bank diversification away from
    the huge dominance of US dollar denominated assets
    toward other reservable assets. As we have said countless
    times in the past, and as we shall say countless times into
    the future, a central bank whose assets are predominately
    dollar denominated but whose trade is not predominately US
    dollar focused, has an awkward asset/liability mismatch that
    it would otherwise wish to lessen. Until the advent of the
    EUR, there was no market of size and liquidity to which
    these central banks could flee, but with the advent of the
    EUR there was... and they have. However, with the IMF
    considering gold as a viable, reservable asset, and with a
    viable "gold lending facility" that allows central banks finally
    to earn some modest return from their gold, gold too has
    become quietly bid-for and dollars have become quietly
    "on-offer."
    This process of reserve diversification is not one of days and
    weeks duration, but is instead of months and years. It is that
    simple. We are long term bulls of gold, not because we fear
    rising inflation, nor because we fear chaos, nor collapsing
    stock markets, nor wars, nor terrorism, but because we
    know that central banks outside of the old "legacy" central
    banks of Europe, are quiet buyers as they are quiet sellers
    of dollars first and EURs secondarily. We are not gold bugs
    here at TGL; we are simply quietly bullish of gold because it
    is "moving from the lower left to the upper right" on the
    charts and because of central bank activities at the margin.


    http://www.cfsfutures.com/images/E0067301/122806.pdf 512KB

    Zitat

    Original von freili69
    Hallo,
    94% der Temperaturrekorde in der Schweiz wurden in den letzten 12 Jahren gemessen!!
    Und das seit Messbeginn................!!!
    PS:
    Bleibt bei dem das ihr versteht.


    Sorry, trotz Themenverfehlung, der muss noch sein:


    Ja und, was folgt daraus ???


    Mit dem P.S. kann ich zumindest nicht gemeint sein, da muss ich "enttäuschen".

    The following article by Shannara Johnson, an editor for the International Speculator, examines the monetary roots of the French Revolution and, in the process, provides a compelling parallel to the current state of the U.S. dollar. Read it and pass it along.


    Doug Casey


    For years now, the editors at Casey Research have been warning—nay, shouting from the rooftop—about the danger inherent in any fiat currency, and especially in the modern U.S. dollar, a currency some skeptics have called “funny money.”


    There is nothing funny, though, about the potential for trouble as today’s purely paper dollar declines. It is trouble that has happened before, and history is, or should be, our best teacher. But as we’ll see, mankind seldom learns and rarely remembers enough from its mistakes.


    One of the most riveting accounts of the catastrophic effects of replacing a gold-based or silver-based currency with paper money comes from Andrew Dickson White (1832 – 1918 ), the diplomat, author and educator who co-founded Cornell University.


    In the mid-1800s, White started to collect and analyze newspaper articles and documents that had appeared during the French Revolution, especially those pertaining to the Revolutionary issues of paper money. In 1912, he published Fiat Money Inflation in France, an essay that these days, once more, has gained a striking timeliness.


    In 1789, on the eve of the French Revolution, the French government found itself in deep trouble with heavy debt loads and chronic deficits. A general lack of confidence in the business world had led to the decline of investment, and the economy was stagnating.


    “Statesmanlike measures, careful watching and wise management would, doubtless, have ere long led to a return of confidence,” writes White, “a reappearance of money and a resumption of business; but these involved patience and self-denial, and, thus far in human history, these are the rarest products of political wisdom. Few nations have ever been able to exercise these virtues; and France was not then one of these few.”


    Instead, as politicians tend to do, France’s National Assembly looked for a shortcut to prosperity, and soon calls for the introduction of paper money were heard. Some prudent individuals, such as then-Minister of Finance Jacques Necker, urgently warned against it. After all, only 70 years earlier, the country had learned a tough lesson when Scottish economist John Law had presided over a system of fiat money with ruinous consequences.


    But Necker and his supporters were shouted down as “the pressure toward a popular currency for universal use grew stronger and stronger.” The plan sounded sensible: the government would confiscate the lands of the French Church—which then owned between one-fourth and one-third of all French real estate—and issue a total of no more than 400 million livres in large notes of 1,000, 300 and 200 livres, called assignats, that would be backed by a piece of land. Moreover, every note would bear 3% interest, to encourage holders to hoard them.


    The influx of fresh money would give the French treasury “something to pay out immediately. . . relieve the national necessities. . . stimulate business. . . [and] give to all capitalists, large or small, the means for buying from the nation the ecclesiastical real estate.” From the proceeds, the nation would pay its debts and obtain new funds for new necessities—a bullet-proof proposal, or so it seemed.


    At first, the results of issuing the assignats appeared to be a dream come true, says White: “the treasury was at once greatly relieved; a portion of the public debt was paid; creditors were encouraged; credit revived; ordinary expenses were met. . . trade increased and all difficulties seemed to vanish.”


    Had the authorities stopped there, White suggests, the effects might actually have been beneficial. Regretfully, though, “within five months after the issue of the four hundred million in assignats, the government had spent them and was again in distress.”


    Immediately people throughout the country started to cry for another issue of notes. Paper critics cautioned that there’d be no stopping once the nation had stepped onto the slippery slope of inflation, but others dismissed the warning, saying “the people were now in control and that they could and would check these issues whenever they desired.”


    Here’s where the disturbing parallels to modern-day America begin.:


    By 1790, the paper-pushers had persuaded themselves that specie [precious metals, coins] was an outmoded form of currency… after all, what could be better than money backed by land that would only appreciate in value? It eerily reminds us of the U.S. housing boom and the easy, no-holds-barred mortgage deals that have been sold to sub-prime borrowers.


    Or take the Comte de Mirabeau, one of the greatest paper advocates and demagogues, who at that time gave his powerful “Stay the Course” speech, concluding “We must accomplish that which we have begun.”


    Or Pierre Paul Royer-Collard, who sounded disturbingly like Ben “Helicopter” Bernanke when he told the National Assembly, “If it is necessary to create five thousand millions, and more, of the paper, decree such a creation gladly.”


    It was a done deal, and France began its slide into inflation. Soon calls for small-denomination notes grew louder. “The cheaper currency had largely driven out the dearer,” writes White,” paper had caused small silver and copper money mainly to disappear; all sorts of notes of hand, circulating under the name of ‘confidence bills,’ flooded France—sixty-three kinds in Paris alone.”


    Everything was tried to supply small-denomination silver and copper coins and hold them in circulation. Laws were passed that forced citizens to send their silverware and jewels to the mint. Churches and convents had to give up most of their silver and gold vessels, and church bells were melted down to supply the mint with copper. Still, silver and copper grew scarcer and scarcer—and eventually the government gave in and printed smaller notes, starting out with five francs and finally going down to one single sou.


    When inflationary pressure grew, says White, “there cropped up a doctrine old and ominous. . . that all currency, whether gold, paper, leather or any other material, derives its efficiency from the official stamp it bears, and that, this being the case, a government may relieve itself of its debts and make itself rich and prosperous simply by means of a printing press: fundamentally the theory which underlay the later American doctrine of ‘fiat money.’”


    And just like today’s Americans, who happily spend money they haven’t yet earned, “Frenchmen now became desperate optimists, declaring that inflation is prosperity. . . The nation was becoming inebriated with paper money. The good feeling was that of a drunkard just after his draught; and. . . as draughts of paper money came faster, the successive periods of good feeling grew shorter.”


    Yet more and more signs of the coming cataclysm started to appear. Even though the amount of paper money had increased, prosperity had faded. Business became stagnant, and manufacturers starting laying off workers. In one town, 5,000 workmen were discharged from the cloth factories, but people still didn’t recognize the real cause. Exports were too cheap, they claimed, and heavy tariffs were placed on foreign goods.


    A collapse in manufacturing and commerce was inevitable, says White, “just as it came at various periods in [France], Austria, Russia, America, and in all countries where men have tried to build up prosperity on irredeemable paper.”


    Faced with the prospect of a continuing devaluation of paper money, the public began to see saving and caution as foolish, and the naturally thrifty French turned into a nation of gluttons and gamblers. People started to throw their money haphazardly at the stock market and “in the country at large there grew a dislike of steady labor and a contempt for moderate gains and simple living.”


    The tumor, as White calls it, spread to business circles, journalism and politics; indulgence was followed by corruption growing “as naturally as a fungus on a muck heap.”


    One economic perversion bred the next. The Comte de Mirabeau’s previous claims that patriotism and enlightened self-interest of the people would maintain the value of the paper money couldn’t have been more wrong. In fact, a vast debtor class, consisting mainly of those who had purchased the church lands from the government, proved to have a vested interest in the depreciation of the currency. Since only small down payments had been required, with the balance to be paid in deferred installments, land buyers were hoping for a devalued currency to diminish their debt.


    “Before long, the debtor class became a powerful body extending through all ranks of society. . . all pressed vigorously for new issues of paper. . . apparently able to demonstrate to the people that in new issues of paper lay the only chance for national prosperity. . . [While] every issue of paper money made matters worse, a superstition gained ground among the people at large that, if only enough paper money were issued and were more cunningly handled, the poor would be made rich. Henceforth, all opposition was futile.”


    In December of 1791, a new issue was ordered that diluted the value of the 100-livres note (whose value had already fallen to 80 livres) to 68 livres. As values fell, official rhetoric became even more adamantly optimistic and upbeat. Newspapers, political speeches and pamphlets proclaimed that “a depreciated currency is a blessing; that gold and silver form an unsatisfactory standard for measuring values. . . that commerce with other nations may be a curse, and hindrance thereto may be a blessing. . . that the laws of political economy, however applicable in other times, are not now so in France; that the ordinary rules of political economy are perhaps suited to the minions of despotism but not to the free and enlightened inhabitants of France at the close of the eighteenth century,” and so on.


    In March 1792, after the fifth, 300-million-livre issue of paper money, the government decided that payment to all public creditors for any amount over 10,000 francs would be suspended. This was hailed as a boon for the poorer classes, but the result was just the opposite. Capitalists began to quietly withdraw their money from labor and locked it up “in all the ways financial ingenuity could devise. All that saved thousands of laborers. . . from starvation was that they were drafted off into the army and sent to be killed on foreign battlefields.”


    We know from contemporary accounts that flour rose from 2 francs in 1790 to 225 francs in 1795, a pair of shoes from 5 francs to 200.


    While the prices of all products had increased enormously, wages for the laboring classes stagnated. Paper issue followed paper issue, until the money in circulation reached 3 billion francs in 1793… and there was still no end in sight. Unrest in the general population grew, and more and more working-class people called for capital punishment for price gauging and a 400-million-franc tax on bread for the rich.


    On February 28, 1793, a mob of men and women in disguise began looting 200 stores in Paris, seizing everything they could get their hands on. Order could only be restored by buying off the mob with a 7-million-franc grant.


    Shocked out of their complacence, the French government implemented new measures to raise money. One was the Forced Loan, a tax on anyone with an income over 1,000 francs. For lower-income earners, the tax was fixed at 10%, for everyone over 9,000 francs of income at 50%.


    Another panic measure was the Law of Maximum, consisting of four rules which, again, supposedly served to help the working class. “First, the price of each article of necessity was to be fixed at one and one-third its price in 1790. Secondly, all transportation was to be added at a fixed rate per league. Thirdly, five per cent was to be added for the profit of the wholesaler. Fourthly, ten per cent was added for the profit of the retailer.”


    The first result of the Maximum law was that sellers did everything to evade the fixed price—farmers, for example, would sell as little as possible, and so supplies became scarce, so urban citizens were put on an allowance and could only buy limited quantities of goods. Foreign goods, whose prices were much higher than the fixed upper limit, couldn’t be legally sold by merchants, many of whom went out of business. Others ended up on the guillotine for violations of the Maximum law.


    “To detect goods concealed by farmers and shopkeepers, a spy system was established with a reward to the informer of one-third of the value of the goods discovered. To spread terror, the Criminal Tribunal at Strassburg was ordered to destroy the dwelling of anyone found guilty of selling goods above the price set by law. . . [If a farmer] tried to hold back his crops or cattle, alleging that he could not afford to sell them at the prices fixed by law, they were frequently taken from him by force and he was fortunate if paid even in the depreciated fiat money—fortunate, indeed, if he finally escaped with his life.”


    Discriminating between paper and specie in any transaction became a felony punishable with death, as did selling gold or silver coins. At the height of this insanity, in 1794, the Convention decreed that “the death penalty should be inflicted on any person convicted of ‘having asked, before a bargain was concluded, in what money payment was to be made.’” All commerce in the precious metals was suppressed, until the “Maximum” was abolished one year later.


    The currency nightmare ended on February 18, 1796, when under a new government the machinery, plates and paper for printing assignats were ceremonially broken and burned on the Place Vendome in Paris. Final calculations determined that the overall amount of paper money in existence was 40 billion francs. In comparison, a gold louis d’or had climbed from a value of 920 paper francs in August 1795 to 15,000 francs less than one year later. One franc in gold was worth 600 francs in paper.


    While the assignats had hurt the rich, they had absolutely devastated the working class. According to historian Heinrich von Sybel, “Financiers and men of large means were shrewd enough to put as much of their property as possible into objects of permanent value. The working classes had no such foresight or skill or means. After the first collapse came up the cries of the starving. Roads and bridges were neglected; many manufactures were given up in utter helplessness.”


    Unbelievable… and a great lesson for us. Interpreting and comparing the signs—the stagnation in real wages, the public’s unfettered euphoria about the already faltering economy, the nearly word-for-word pep talk spanning centuries--we may be closer to the point of no return than we think.


    And don’t make the mistake to think those French politicians were morons, warns Andrew Dickson White. “[The] men who had charge of French finance during the Reign of Terror and who made these experiments, which seem to us so monstrous. . . were universally recognized as among the most skillful and honest financiers in Europe. . . [which shows] how powerless are the most skillful masters of finance to stem the tide of fiat money calamity when once it is fairly under headway; and how useless are all enactments which they can devise against the underlying laws of nature.”

    Am 01.01.2007 tritt eine weltweite Veränderung der Warenklassifikation bei Patenten und Marken ein.


    Im wesentlichen wird die Klasse 14 = fast nur Produkte aus Edelmetallen abgeschaft.


    Produkte aus Gold, Silber, Platin usw. werden erstmals in der Geschichte denen aus Aluminium, Blei, Kupfer , Holz, Stein usw. juristisch gleichgesetzt.



    Guten Rutsch !


    Osterhase

    Posted On: Friday, December 22, 2006, 6:26:00 PM EST
    When History Repeats Itself
    Author: Jim Sinclair


    Dear CIGAs,


    I have waited 26 years for the next major explosion in the gold market.


    We are, in my opinion, directly on the doorstep of that occurrence.


    I have stood up to risk to make my point on more than one occasion.


    I know of no other commentator on gold who has been willing to take one penny in risk standing behind his or her published views. This is most certainly true when I pay six figures to do this service on behalf of the community.


    So here is another promise. I am telling you that we own 2007 and 2008. If I am incorrect about this then this page will close down with my apology. I firmly believe I will be around until 2012-2015 and gold will be way into the four figures.


    Let me define what right is. It is a new high in gold above $887.50.


    During this period of time 2007-2008 I expect:


    Gold shares will return to their traditional asset based valuation. Prices will be made by what you have under your feet, where you are and how advanced you are. In general they will be multiples of what they are presently, some ten fold.
    China will stand up to the US in economic and political matters.
    The US Treasury International Capital report will go below the zero line.
    The cost of the Iraq/Afghanistan conflicts will skyrocket both in $$$ and lives.
    The NATO Coalition in Afghanistan will in practical terms break down.
    The Federal Budget Deficit will sky rocket.
    The US dollar will trade down to .7200
    Consideration of a North American currency, a natural outgrowth of NAFTA type arrangements, akin to the Euro will be discussed, but will not happen.


    I have waited 26 years for this opportunity. Within a few weeks it will start. These are the Golden Years coming again. A second opportunity in one life time to tag-em and bag-em in the gold market is sitting there waiting for us.


    Dec 28: You are about to start a brand new year. A year that I have waited a very long time for. This is a golden period that I believe will be the best of my personal experience. I am offering you, in the following, what I see as the entire story. It will be added to in this general form until after the first business day of the New Year.


    I have never had a problem with putting my cards on the table specifically. My opinion puts all this in first gear in the period of January 15th to January 29th 2007.


    [Blockierte Grafik: http://www.feuerwerk.digifotos-foerster.de/muehlburg/feuerwerk2.jpg]

Schriftgröße:  A A A A A