Copyright © 2013 Knight Sac Media. All rights reserved.http://www.siliconinvestor.com/subject.aspx?subjectid=51736Proclamation #1[graphic]Message 26173327 Proclamation #2[graphic]Message 26173436 Proclamation #3[graphic]Message 27221846 Proclamation #4[graphic]Message 27818630 dear all, i wish to focus in 2012 and shall here on out deliberately ignore all who insists on rehashing any old topics of no intere...http://www.siliconinvestor.com/images/Logo380x132.pnghttp://www.siliconinvestor.com/subject.aspx?subjectid=5173638013210John VosillaDebt to GDP coverage ratio looks a heck of a lot easier to manage with the ten year under 2% versus say 5% or 6%. Now take the yield curve from 2006 or even the late 1990's and roll over $17T in debt and the situation becomes quite dire..http://www.siliconinvestor.com/readmsg.aspx?msgid=289105905/23/2013 3:11:15 AMRobin Plunderi guess the good news is that gold has decoupled from stocks, so if stocks go down gold will go up...or does gold just always go down? :) rphttp://www.siliconinvestor.com/readmsg.aspx?msgid=289102765/22/2013 9:48:44 PMGPS InfoHere is a link to Anadarko's deep sea drilling (exploratory?) operations around NZ: anadarko.com  With any luck BP can provide sunscreen on the beaches all around NZ.http://www.siliconinvestor.com/readmsg.aspx?msgid=289102445/22/2013 9:25:27 PMMaurice WinnIf they start reporting drill results in golf balls of gold per meter I'm screwed! And that "meter" is confusing for me because I use english rather than american so am unsure whether that's a metric metre or a parking meter. Decades ago, I was thrilled when pounds shillings and pence were swapped to dollars and sen...http://www.siliconinvestor.com/readmsg.aspx?msgid=289100175/22/2013 7:18:42 PMbart13The main point for me with Carmen Reinhart and Kenneth Rogoff’s seminal work on debt-to-GDP levels having been partly incorrect is that it makes more government spending a lot easier to defend. And the real debt to GDP issues still remain. Here's the ratios after the error corrections - Reinhart & Rogoff's basic point...http://www.siliconinvestor.com/readmsg.aspx?msgid=289099345/22/2013 6:09:45 PMdiddlysquatzI know! Just when I finally learned how many grams are in an ounce they go and change the measurements again. If they start reporting drill results in golf balls of gold per meter I'm screwed!http://www.siliconinvestor.com/readmsg.aspx?msgid=289098375/22/2013 5:09:55 PMMaurice Winn3 billion ounces of gold? How many golf balls is that? About 427 Volkswagens. Or maybe it's 3 football fields of Volkswagens full of golf balls. These new-fangled weights and measures are confusing for me. I prefer plain old millimetres, metres, kilometres, kilograms, grams. Mquricehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289098235/22/2013 5:00:08 PMAmelia Carhartt3 billion doesn't sound like much to me. That's less than a half ounce for everyone.http://www.siliconinvestor.com/readmsg.aspx?msgid=289094595/22/2013 2:51:47 PMdiddlysquatzhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289094545/22/2013 2:49:19 PMThe Jack of Heartshmmm .. Ben has spoken for now... [graphic]Message 28909348 [graphic]Message 28909376http://www.siliconinvestor.com/readmsg.aspx?msgid=289093845/22/2013 2:19:28 PMggershI don't believe they were using it as a measurement, but rather as being a visual description of the process for mining for Gold.http://www.siliconinvestor.com/readmsg.aspx?msgid=289092015/22/2013 12:45:31 PMMaurice WinnTJ, congratulations on your pours after converting oil to gold. Fortunately, there is lots of oil, so you should be able to keep going. These words are an oil salesman's dream: <pics of second pour just in, one week's worth of diligence, of digging, trucking, crushing, milling, floating, melting, pouring, and wei...http://www.siliconinvestor.com/readmsg.aspx?msgid=289091755/22/2013 12:35:23 PMJohn VosillaLarry Kudlow: Bernanke Was Right and I Was Wrong About Inflation n recent years, the “growth vs. austerity” debate has been raging in academic and policy circles. In recent weeks the growth crowd have been claiming victory, citing: Research showing Carmen Reinhart and Kenneth Rogoff’s seminal work on debt-to-GDP lev...http://www.siliconinvestor.com/readmsg.aspx?msgid=289091405/22/2013 12:18:04 PMMaurice WinnThat's funny - a new unit of weights and measures = golf ball weight equivalent. In the old days we used ounces and then moved to grams. Now a new unit of measurement. Or, do they mean volume? Or a combination of weight and volume? Scroll down to "How rare is gold?" Estimates of the cost of producing gold ar...http://www.siliconinvestor.com/readmsg.aspx?msgid=289091385/22/2013 12:16:30 PMggershhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289091015/22/2013 11:58:59 AMMetacomethttp://www.siliconinvestor.com/readmsg.aspx?msgid=289085455/22/2013 8:27:03 AMKyrosLCosts of gold mining around the world, plus definition of "cash cost" and "all in cash cost." I was surprised that the lowest cash costs are in North America and the highest in Africa. [graphic]Message 28908527http://www.siliconinvestor.com/readmsg.aspx?msgid=289085355/22/2013 8:19:40 AMMaurice WinnElM, NZ doesn't work like that. Police value their careers. While there have been some instances of police violent criminality, they are relatively few. < Mr. Key, NZ Prime Minister can also give some hints to the police forces: A few ribs broken, during arrest of protesters (you know it is on rough seas and i...http://www.siliconinvestor.com/readmsg.aspx?msgid=289084195/22/2013 5:43:35 AMSnowshoe>>we shall step-up the grades of material now, so that we can pour more for less<< TJ, you are having way too much fun! :O)http://www.siliconinvestor.com/readmsg.aspx?msgid=289084145/22/2013 5:04:37 AMponokeehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289084045/22/2013 3:47:44 AMTobagoJack re 'irregularities' we are keeping close watch on our competitive-advantage enabling enterprise, that which engages in what warren buffoon termed as useless or senseless, and chuckle munger mused as for old jews we sample the rocks we test the dust we taste the float we weigh the pour we assay the drill dust we watc...http://www.siliconinvestor.com/readmsg.aspx?msgid=289082985/21/2013 11:50:31 PMGPS InfoSince late 2012 the S&P 500 has been on a nonstop rise, while gold has gone the other way. People have thrown in the towel on gold in favor of momentum trading in stocks. Gold ETF Liquidates 300 Tons of Gold This Year Tuesday, May 21, 2013 10:46 AM - Mish Shedlock globaleconomicanalysis.blogspot.com http://www.siliconinvestor.com/readmsg.aspx?msgid=289082575/21/2013 11:11:56 PMelmatadorOver the past decade, US farmland prices have doubled as the Federal Reserve has held interest rates at historic lows and demand has stayed strong. The big question is what will happen when monetary policy is tightened and the supply of grain grows. US farmland faces asset bubble test By Gregory Meyer in New York A ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289082065/21/2013 10:45:03 PMelmatador I believe the time has come for NZ to look across the other side of the Pacific to the awakening Latin American Giant. New Zealand has historical links with Europe and North America. Over the last ten years we have come to realise that Asia is on our door step and offers huge opportunities. I believe the time has co...http://www.siliconinvestor.com/readmsg.aspx?msgid=289081885/21/2013 10:29:43 PMelmatadorNZ continued to face tough competition from other countries to lure explorers from distant places. The industry also regarded the withdrawal of Petrobras and Apache from New Zealand as a setback. nzherald.co.nz  The market, is teaching those Kiwis a lesson. There's oil in other places. Pretty soon they will be unrol...http://www.siliconinvestor.com/readmsg.aspx?msgid=289081585/21/2013 10:21:04 PMelmatador$1.7m bill for oil protest on high seas. After Petrobras handedover back its licenses, since it has better things to do than battling idiots NZ, changed the law to attract other oil companies. Mr Bridges' law change, which was passed last week, means protesters who intentionally damage or interfere with mining sites ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289081475/21/2013 10:13:48 PMelmatadorthe people of NZ do not want, or support deep sea drilling. [graphic]Message 27280823 BP will put money there at their own peril !http://www.siliconinvestor.com/readmsg.aspx?msgid=289081365/21/2013 10:10:01 PMcarranza2Mogambo! Mogambissimo! mogamboguru.com  Keynesian Phrenology May 17, 2013 By: The Mogambo Guru I am getting more and more upset about the future of the economy, especially the part where I will probably still be alive to suffer through it, instead of being safely dead and gone, laughing disdainfully from whateve...http://www.siliconinvestor.com/readmsg.aspx?msgid=289080785/21/2013 9:39:29 PM2MAR$Your LNG looking like it may become a nice LT buy... From $8 to almost $32 not too bad, it never looked back. And back in same time frame shorting coals picture was made complete, also can call this the year of the Solar Panel reversals too, good lord running the sunshine stocks & electric autos TSLA was the n...http://www.siliconinvestor.com/readmsg.aspx?msgid=289080675/21/2013 9:31:53 PM2MAR$Fading $CL_F at 97+ been working tho trading in & around this general topping pattern necessary too as the bounce off 92 was expected just recently, right back in on the short again you know where Sure it could go higher, that would really be a buzz kill for the rally too. [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=289078905/21/2013 7:46:00 PMSnowshoeNZ has volcanoes because it's on a plate boundary, but there can be lots of sedimentary rock deposited on those plates. Same situation here in the Cook Inlet region of Alaska, where we have offshore oil platforms not far from active volcanoes. Mt. Spurr erupted in 1992 and dropped over 1/4 inch of ash on my house and y...http://www.siliconinvestor.com/readmsg.aspx?msgid=289078785/21/2013 7:37:58 PMHawkmoonActually, I find this NZ oil drilling story a bit fascinating.. I guess I'm naive, but I presumed that NZ is essentially a volcanic region, and not possessing a lot of sedimentary hydrocarbon yielding formations.. Hmmm... But then again, I look at Indonesia and E. Timor and can say the same thing.. Hawkhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289077125/21/2013 6:06:12 PMSnowshoeTJ warned us about "paper gold"... Irregularities Suspected at Hong Kong Mercantile Exchange dealbook.nytimes.com  May 21, 2013, 4:01 p.m. | Updated The Hong Kong securities regulator announced on Tuesday that it had discovered possible financial irregularities at the Hong Kong Mercantile Exchange and said it ref...http://www.siliconinvestor.com/readmsg.aspx?msgid=289075565/21/2013 4:43:59 PMelmatadorA government entity is a creation adapted to its times. I changes its shape, messages according to the times it lives in. A plethora of acolytes, create images, messages and dress up people as heroes according to the shape the government wants to take. Those acolytes get a little of a share of the benefits. Their goa...http://www.siliconinvestor.com/readmsg.aspx?msgid=289069405/21/2013 12:59:34 PMdvdw©post review; we are left with this outtake; changing the phase of exchange-value from, say, “solid” to “liquid” (which change is presently viewed by economists working exclusively with passive, referential linear-time as “creation of liquidity”). one gets the sense that we've just seen the holistic picture painted.http://www.siliconinvestor.com/readmsg.aspx?msgid=289062295/21/2013 8:43:28 AMdvdw©This news is interesting Hong Kong Mercantile Exchange HKMEx Closes its Doors! No Gold or Silver to be given! investmentwatchblog.com[graphic] calling to mind Pensingers wisdom writing about How The Variable Time, Shapes Capital Look, if F. A. von Hayek's Everettian notion, the “time-shapes of total capital stock”, ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289062175/21/2013 8:36:14 AMMaurice WinnIn round numbers, I guess about $40 a barrel for average oil [not Brent or specially good stuff]. <Good luck on your bet that oil will get cheap, whatever cheap means in dollars. Do you have a target price? > Mquricehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289059755/21/2013 12:48:46 AMbart13Hedging/shorting my physical positions and other trading since the $1923 peak and silver since $50 has me doing better than the stock market, but thanks for your concern. As far as $900 the real drop in the mid 1970s, using LBMA PM prices, was about 48% which would translate to $1007. I doubt it'll break below $1150 f...http://www.siliconinvestor.com/readmsg.aspx?msgid=289058065/20/2013 10:27:49 PMMaurice WinnI admit that the inches used in financial relativity theory continue to shrink rapidly with each quantitative easing, fiscal failure, fiscal cliff and general dilution which will continue apace as the profits of control are greedily consumed by the friends of the Federal Reserve. Therefore, gold will continue to grow...http://www.siliconinvestor.com/readmsg.aspx?msgid=289054255/20/2013 4:44:04 PMMaurice WinnI have been ogling a patch of sea and land for exploration for 32 years [secret location]. There is actually a licence available now. But I have to get a round tuit and it's a lot of work with opposition from ungrateful people like those Greens and Maoris who want opm and some "natural" life huddled around decompos...http://www.siliconinvestor.com/readmsg.aspx?msgid=289053685/20/2013 4:28:37 PMbart13They said gold was done when it dropped from ~$200 to ~$100 between 1974 and August 1976, and they were as wrong as the day is long. The bear market in gold from 1974-76 was also accompanied by a drop in CPI-U from a peak of 12.3% (year over year) in December 1974 to a low of 4.9% in December 1976. Caveat longer ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289053425/20/2013 4:20:50 PMMaurice WinnPeople in China have a short term perspective on history. They should think back further in time and claim not just Okinawa, but all of Japan, all of the Polynesian islands, including Taiwan, and New Zealand and of course north and south America which was claimed by the original human inhabitants from China but conq...http://www.siliconinvestor.com/readmsg.aspx?msgid=289053335/20/2013 4:17:58 PMMaurice WinnAs the great and amazing Alan Greenspan KBE pointed out, it's difficult to tell when there is irrational exuberance until after the bust. As the estimable and venerable Warren Buffett pointed out, there are lots of cheap stocks and that the relentless and inevitable USA economy is going to keep right on steaming ahea...http://www.siliconinvestor.com/readmsg.aspx?msgid=289052225/20/2013 3:43:04 PM2MAR$Au held again that low retest at 1340 earlier, same exact replay on the $DUST & $NUGT duo reversals of +14% in one morning ,whether market's rigged or not one cannot beat these kinds of exact pivots for the easy trade, just too nice . Little Jack must be amazed at how immobile & immovable & trippable that shiny do...http://www.siliconinvestor.com/readmsg.aspx?msgid=289048545/20/2013 1:15:14 PMcarranza2Good to hear from you, Jay. Peanuts are legumes, like beans and soy. That Erita at her tender age knows this is very impressive. Games will be played so long as there is arbitrage between paper gold and bullion. GTU is very interesting because, even though it is paper, it is utterly trustworthy. Buying it is t...http://www.siliconinvestor.com/readmsg.aspx?msgid=289045085/20/2013 11:14:59 AMCosmic CowboySome thoughts on gold....doesn't sound good....Caldero has been spot on analyzing the markets: caldaro.wordpress.com  More: amanita.at http://www.siliconinvestor.com/readmsg.aspx?msgid=289044325/20/2013 10:50:33 AMTobagoJackhello c2, am here and scooping up info on s.i. one has to know where to look to be efficient. have not had free time and spare energy to interact much as we are in full-engagement mode on perhaps too many fronts. as bullish about gold as ever and actually more so than ever. learned much about what may be going on i...http://www.siliconinvestor.com/readmsg.aspx?msgid=289042135/20/2013 8:57:38 AMTobagoJackthere are many animals in the hk concrete jungle, and all have a role to play in the playing out of the script. would say most people i know in hk are actually not originally of hong kong, whether they are chinese or otherwise, and we make our home here because of something about the place. because the place is popul...http://www.siliconinvestor.com/readmsg.aspx?msgid=289041785/20/2013 8:35:29 AMTobagoJackhello 2mar$, today's report: (i) observation: zulauf and enough astute folks are counting on, baiting for, and otherwise waiting for the hopefully inevitable. time shall of course tell. in the mean time i must nap early this night so as to rise at 3:00, clear of mind, and continue on calculation iterations and presen...http://www.siliconinvestor.com/readmsg.aspx?msgid=289041705/20/2013 8:25:50 AMdvdw©US Gas Exports and the Panama Canal Expansion: Serendipity on Display? by Matthew V. Veazey | Rigzone Staff | Thursday, May 16, 2013 [graphic][graphic] [graphic][graphic][graphic][graphic][graphic]Digg It[graphic]Stumble it![graphic]Newsvine[graphic]Del.icio.us[graphic]Technorati[graphic]Reddit[graphic]Faceboo...http://www.siliconinvestor.com/readmsg.aspx?msgid=289041255/20/2013 7:37:40 AM