text: When this bubble pops, folks who haven't insured their wealth with hard assets against this pending debt implosion fiasco being helped along with vastly expanding world fiat currencies will only have the mind-controllers of the media to thank for their family's losses.
  It has never been reported in the media that people buy the most amount of gold when they sense their government has been remissive.
  Gold's last sale is $1190.80 being pushed higher from recent lows at the $1170 level by a declining Euro. The currency's last sale against the dollar is 122.86. Remaining below 125.00 leaves the door open for continuing erosion.
  A new Martin Armstrong article is available. Mike and Rick will be interested in its content, as everyone should.
  Food for thought. There are over 650 gold projects in the world with reserves of over 1 million ounces. If the world consumes 75 million ounces a year, present reserves with no new discoveries will last 56 years.
  Mike might really have a fit with all the print that's being put on lately but we are in historic times and the following from Trader Dan and Jum Sinclair from the jsmineset.com website is important:
  Gold is becoming the currency of last resort and that it not going to change because a Central Bank floods a system with liquidity and makes money available. The effects of this compounded increase in the amount of money in the system are going to be felt in an inflationary outbreak down the road. You will be glad you own the metal then.
  I personally think that the more the price riggers jack with the system and play games in the paper market, the higher the price is eventually going to go. The harder you press down on a spring to compress it, the more fiercely it uncoils.