Oldtent Archives 2010

do a search on female noodlers. i know a few who will give lessons if you are interested.

rno

very soon the states will be challenging the validity of the federal government to run roughshod over states rights. new california drug laws are in direct violation of federal laws. the state of california must have the taxes from “medical marijuana” to remain solvent. employers will be shutting down businesses if they have to provide medical insurance. insurance companies will skyrocket premiums.

the battle lines are being drawn now. the state of oklahoma has stated that federal laws do not apply to any firearm or ammunition that has not crossed state lines. the state of texas is putting together a program to challenge the federal government on a host of items. not the least of which is the texas/mexican border.

the u.s supreme court is about to be tested as never before. they may need an introduction to a few lamp posts (sorry equiz) before they vote. the “lifetime” appointments may be altered. thomas jefferson would be a great leader if he could return today to straighten this mess out. i highly reccomend that anyone not familiar with his life do a little research. he warned what would happen when governments get too big and what to do about it. as bad as i hate to admit it, sometimes violence is the only cure for arrogance.

rno

OMG! that sounds like my worst fear…seeing as fish scare the crap out of me! WORST SPORT EVER!

Noodling is catching catfish with your hands.  Not a sport for the weak of heart.

Yes, I find it amazing that a company could prove up well over 40 million ounces of gold and 10 billion lbs of copper and still only have around 42 million shares out.  Wow- that takes discipline!

That’s one of the reasons I like Teuton Resources(Tuo.v) next door to KSM because they have lots of great projects but their strategy of working the properties with well chosen JV partners who foot the bill for exploration has kept their share dilution at a minimum for many years.

Did you see the SEA preliminary Feasibility study was announced today? Sounds exciting!

goldentriangle

do a search on “okie noodling”. we can get you and ipso entered as a team in the tournament.

rno

 http://www.thenewamerican.com/index.php/usnews/constitution/2957

A federal government website, “Ben’s Guide to U.S. Government,” contains a cartoon version of Ben Franklin explaining how our current system of government works. The site includes the following proclamation: “One of the Supreme Court’s most important responsibilities is to decide cases that raise questions of constitutional interpretation. The Court decides if a law or government action violates the Constitution.… Since the Supreme Court stands as the ultimate authority in constitutional interpretation, its decisions can be changed only by another Supreme Court decision or by a constitutional amendment.” (Emphasis added.)

What’s wrong with this you might ask? New York Times best-selling author and historian Thomas Woods provided the answer clearly and concisely at the Campaign for Liberty’s January 15 regional meeting when he discussed the views of Thomas Jefferson: “Jefferson’s concern was that if we say the federal government has a monopoly on interpreting the Constitution, what do you think is going to happen? This is not brain surgery. If they have a monopoly on interpreting the Constitution, they’re going to interpret it in their own favor. Surprise! Then we all scratch our heads and wonder, ‘Why has the government gotten so completely out of control?’” Woods hammered home how completely preposterous it is for the Supreme Court to have the sole and final say on the extent of federal power with the following analogy: “If you enter into a contract with somebody, never, ever would you say that the other party in the contract can exclusively interpret what it means…. Obviously, if only one party in a contract can interpret it, it’s going to interpret it in its own favor!”

The Rise of the “Tenthers”
Proponents of the 10th Amendment to the U.S. Constitution have been starting to rise up en masse to remind the national government of its proper constitutional role under the principles of federalism. This loose network of activists, widely referred to as the state sovereignty movement or Tenth Amendment movement, were given the derisive nickname “tenthers” by detractors, but in a witty reversal, they gladly adopted the label. The Tenth Amendment Center, the major hub online for state sovereignty activism, has even renamed its blog, “the tenther grapevine.”

Typically, the response by some of the biggest names in the news media has been to actively disparage anyone who strictly adheres to the original understanding of the U.S. Constitution. David Shuster of MSNBC proclaimed that most “people in their right-thinking mind know that the Tenth Amendment is a bunch of baloney.”

Fellow MSNBC news anchor Lawrence O’Donnell, filling in for Keith Olberman, also raged against what he ridiculed as “tenthers” — individuals who believe in the Jeffersonian principles of a government limited to the powers specifically enumerated within the four corners of our founding document: “The tenther movement … erroneously claims that the federal government cannot force changes in health care law on the states.”

In O’Donnell’s view, anyone who would make such a claim is clearly ignorant and trying to dredge up areas that are now settled law. But what can be more settled than the fact that words have meaning, and the Constitution means what it says? Consider the clear language of the 10th Amendment: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” Yet Supreme Court justices and others ignore and circumvent language such as this, based on the absurd theory that the Constitution must be constantly redefined to fit our “enlightened times,” with the power of constitutional interpretation vested solely with the federal government.

O’Donnell and similar critics should read some of the speeches of our seventh Vice President, John C. Calhoun, who warned that such a viewpoint would destroy the Republic and pave the way for tyranny. Calhoun addressed this directly in his Fort Hill address:

Stripped of all its covering, the naked question is, whether ours is a federal or a consolidated government; a constitutional or absolute one; a government resting ultimately on the solid basis of the sovereignty of the States or on the unrestrained will of a majority; a form of government, as in all other unlimited ones, in which injustice, and violence, and force must finally prevail. Let it never be forgotten that, where the majority rules without restriction, the minority is the subject; and that, if we should absurdly attribute to the former the exclusive right of construing the Constitution, there would be, in fact, between the sovereign and subject, under such a government, no Constitution, or, at least, nothing deserving the name, or serving the legitimate object of so sacred an instrument.

Calhoun was but one of many of the most prominent advocates of state sovereignty throughout American history who were true believers in limited government. (For more of a historical explanation, see our article “Nullification in a Nutshell.”)

more…

http://www.zerohedge.com/article/piigs-claims-european-banks-15-trillion-france-most-hook-piigs-implosion

Here is one reason why Europe, while doing everything it can to make it seem (politically) like a bailout of Greece is out of the question, is and will continue to do all in its power to prevent a domino effect within the PIIGS countries: actually make that 1.5 trillion reasons. According to the IMF, the total amount of foreign claims, in this case focusing on Southern Europe countries, better known as PIIGS, on European international banks is $1.54 trillion. And while many have claimed that Germany would stand to lose the most from an implosion in the European periphery, that is in fact not true true: with $781 billion, France has much more at stake than Germany, whose banks have “just” $522 billion in “Southern European” claims. And while the IMF cut German GDP forecasts in large part due to the country’s exposure to Southern Europe, it appears that France is next on the chopping block.

http://www.filedropper.com/maguiregata

about 28 meg……………..click downlaod enter 4 dgit code & and unzip

http://www.buy-high-sell-higher.com/

I have attempted to draw, with blue hours, the futures contract expiration dates. I may not have the date precisely correct (see note above about copious consumption of wine), but you get the general idea: to prevent long call option holders from cashing in, the price gets hammered just before expiration, to prevent long gold holders from generating profits.

I also put in some resistance lines. It looks to me like $1,060 is strong support. If we break that, look out below. The challenge is to break through the red resistance lines at around $1,140, $1,160, and $1,220.

We all know that gold is headed much higher; the only question is “when”? Presumably the gold suppression schemes could last for some time to come, but it is also possible that golds ten year rise will continue. Gold has not come even close to testing the 200 day moving average, and even the 50 day moving average has offered reasonable support.

As we sit today, gold is at $1,107, just a hair above the 50 day moving average of $1,106. Even better, the RSI is at 49, and whenever we cross over the 50 level to upside good things happen.

To sum up: options expiration has passed for another month, we appear to be at a good support level so downside risk is minimized, and the RSI is at a great level for an upward push. So, I conclude that gold will do well over the next period of time. So, this week, I took the opportunity to average down my costs, and I bought more gold shares. Here’s what I bought this week (on Wednesday and Thursday, at the low points on the week):

• AEM.TO – Agnico-Eagle Mines Ltd. (gold blue chip)
• ADM.V – Andina Minerals Inc. (speculative junior gold)
• CEF.A.TO – Central Fund of Canada (blue chip gold fund)
• K.TO – Kinross Gold Corp. (gold blue chip)
• G.TO – Goldcorp Inc.(gold blue chip)
• PAA.TO – Pan American Silver Corp. (silver blue chip)
• SLW.TO – Silver Wheaton Corp. (silver blue chip, but with more upside)

If I’m correct and we have a bounce this week, I will follow my typical strategy and do some covered writing on these stocks to lock in my profits, and to get some downside protection. I am now only holding 27% cash, my smallest cash position in two years, so let’s hope I’m correct.

more….

Every time I re-read the corprate strategy document on Seabridge’s website I find relief in their declaration that they are trying to do what they want to do without share dilution. I hope they are sincere in that and that they can pull it off true to their stated corporate strategy. Best wishes. Equiz.

One can always hope but it may be suffering from that dreaded disease that tends to leave a stock in a permanent zombie like stuper - you know the one known as ‘tomanysharesoutitis’. I’ve had stocks with that disease that never snapped out of it.

Your Seabridge has a natural immunity to that disease!

goldentriangle

haha! dont worry we know better then to fight him too hard! he’s telling us to ask you what “noodling” is? Part of me feels like i dont want to know though…lol

http://www.financialpost.com/opinion/story.html?id=78fcb33f-64c5-4d3e-96c6-92f7f74630d1

What is truly astonishing about the resurrection of Keynesianism from the policy crypt is that this grab-bag of dodgy concepts — from “the multiplier” (spend yourself rich!) to the “paradox of thrift” (saving is bad for the economy!)–were long ago demolished both in theory and practice. Friedrich Hayek, Milton Friedman and James Buchanan, among others, had put the intellectual boots to Keynesianism before 1970s stagflation confirmed its long-term unworkability. In Canada, it took until the mid 1990s for Liberal Finance Minister Paul Martin to slay the debt beast unleashed by the Trudeau administration’s embrace of Lord Keynes.

One of the most devastating critiques of Keynes — which requires no grasp of abstruse econometrics–came from the great economic journalist, Henry Hazlitt. In his 1959 book, The Failure of the “New Economics,” Hazlitt poured scorn on Keynes’ anti-business sentiment and fantasy that government investment was equivalent to that by the private sector.

“So there you have it,” wrote Hazlitt. “The people who have earned money are too shortsighted, hysterical, rapacious and idiotic to be trusted to invest it themselves. The money must be seized from them by politicians, who will invest it with almost perfect foresight and complete disinterestedness (as illustrated, for example, by the economic planners of Soviet Russia). For people who are risking their own money will of course risk it foolishly and recklessly, whereas politicians and bureaucrats who are risking other people’s money will do so only with the greatest care and after long and profound study. Naturally the businessmen who have earned money have shown that they have no foresight; but the politicians who haven’t earned the money will exhibit almost perfect foresight. The businessmen who are seeking to make cheaper and better than their competitors the goods that consumers wish, and whose success depends upon the degree to which they satisfy consumers, will of course have no concern for ‘the general social advantage’; but the politicians who keep themselves in power by conciliating pressure groups will of course have only concern for ‘the general social advantage.’”

more…

don’t fight dad too hard. he may drag you to the land of rednecks for a little “lernin”!

rno

believe it or not, the census became law shortly after independence from england. the census not only covers people but housing, farming, manufacturing and a host of others that i am not aware of. hitler used the census to locate the “undesirables” in germany in the 1930’s. it is against the law for any u.s. census information about an individual to be released to anyone, but how do you get to some sleazy, pear shaped bureaucrat who may have taken advantage of his position.

the census is mainly used to re-distribute the wealth of the country to minorities, low income, public assistance, public facilities (highways, bridges, schools, etc.)

answering the census is required and if you don’t fill out the form, they will send someone to “help” you. you can refuse a few times and they will quit hounding you.

rno

My dad (Irish) is twisting my arm to vote libertarian in the poll! lol not that i am fighting too hard but still…

I guess I should just answer all the questions. If I don’t, I will be red-flagged as a “subversive” and I don’t want some census taker asking me “personal” questions.

testing out my username and password! ignore post

Guess it is better just to answer all the questions. If I don’t, it will probably red-flag me as a “subversive”.

By not answering those few questions, you will give some temp census worker something to do.
He/she will be able to call you,
if that fails, go to your home, with mileage allowance; again, and again, and again,
until you either finish the stupid form, or the worker makes something up to complete it.
The longer you resist, the more it will cost the taxpayers.
The temp workers live for resistors!
What the heck is so disagreeable to answer?
I can’t even remember what was on it this time.
Of course, I can’t remember a lot now-a-days.

justice…     it is not so hard…

Do you not think that there are those behind the world economic scene that deserve…. justice?

I like Goldtent and I thank the many persons involved in its creation. The part I cant understand is how the repetitive use of the symbol of hanging people, which I assumed hemp rope and lamposts was meant to imply, solves anything. If the lamposts thing was all a joke, then why not say it is a joke. In a non-joking world, what is solved by hanging someone with whom one has differing views. I didnt vote in FGC’s last poll but had I voted I would have voted that I am a pacifist. Cheers. Equiz.

 ”Under the exterior of emotional control, even allowance, there seems to be a desire to control”

  Well said, and no kidding.

  I only like him, him, him, him and him…they post what I like, and if the rest of you don’t stop, I’m going to put on my pouty face!!!!