Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Greek,

Some of these people have been brainwashed so much that we as the enemy will never be able to change the way they feel. There is only so much we can do.


Have to challenge once again.

If they have been brain-washed by external agencies, or subjected to active indoctrination, leading to change, or modification of their basic concepts and beliefs about themselves and the world about them.

Then one suppose their attitudes, feelings, and actions, or reactions to the world around them would be changed.

Unless the individual intellectual processing is psychotic, the process of indoctrination for most people is a common place affair. The majority of people are able to upgrade their beliefs throughout the majority of their lives. (Belief in Father Xmas, or that England can win the Triple Crown this year.)

(Daily advertisements, in the media, modify opinion and the tastes of the general public, everyday. People move from loving Margarine to butter and back again to Margarine.)

This would suggest any brain-washing, with the help of the skilful experts can be modified strongly held views.

Getting the right approach, and the results wished for, by attempting to do so, is the difficulty.

Unfortunately, when beliefs are formed, they often develop a psychotic intensity or element to them.

Perhaps, this can be seen in those who adhere too strongly to the religious, or ideological beliefs of various political parties, or religious groups.

Ald,

I told Fred 2 year's ago to buy gold share's instead of messing with those hi tec shares

I don't recall that piece of advice, but would have been a lot better off it I had followed it. (Thanks anyway.)

Hopefully, I will learn from my mistakes and live long enough to have a chance not to repeat them.

Retrospectively, I regret many decisions I have made, but at the time thought I was making the best choices available to me.

Fifty years on, I can remember, when I was 20, that some suggested that I wouldn't make 30. Sticking around just to annoy them.

Does anybody know who pays for the "business entourage" holidaying with Cameron in China?

Does the costs for the trip come out of the Public Purse?

They are worth ever penny who ever pay's

It was about the time that we were invested in Bewell or some such name , they had a anti asthma drug, did you hold SEO as well ?

Ald,

1) not dodging the question, are you?

But there were complaints from some about the gravy trains in the past, and I hope Cameron is not spilling any on their ties.

(I suppose it is one way of getting party funding.)


2) Bespak now trading a Consort Medical. Sold out at small profit. Looking at chart seem to be recovering from previous fall with a breakout pattern.

Unfortunately I did hold SEO. at a loss.

C'est la vie.

Talking of 'gravy trains', what has happened to 'raving davy gravy'?

alds,

Wouldn't be surprised to see Gold drop back to 1225! But not my area of trading usually.

Fred,

You say, 'How many of the 150,000 plus of the Iraqis killed by American and British forces were members of the military forces at the time of killing or future terrorists'.

I agree that there are and always will be innocents that die in war, it is something which sadly can not be avoided. Collateral damage is a horrible term and must be one of the worse anger creating terms of all, but it is a sad fact that in war it happens.
Should we have not for example, have entered the second world war, knowing that innocents would die at our hands.
But we do not go out to deliberately target innocent people, terrorists do.
Although I must state that the intentional bombing of civilian areas in wartime by both sides occurred, it was only carried out by the allies in answer to Germany's bombing of UK cities. Due to our actions, Germany soon stopped such attacks. There was no other option. If we had not attacked German cities, Germany would have continued to bomb the UK population into submission. My fathers house was hit badly in that war, and completely destroyed. Luckily no one was home. I am sure my fathers family and thousands of others in the same situation would not have wanted the government to sit back waiting for the complete devastation of their country before hitting back in the same ilk.

And yet the 'Do good brigade' still want our government to apologize for such actions.
The two exceptions were the dropping of the Atomic Bombs on Japan. Although it did force Japan to surrender, thereby saving many lives. I know it is often looked at as a pathetically childish thing to say but, 'They started it'. If someone attacks you, you defend yourself as best as you can. So for the atomic bombings, all blame lies with the Japanies government of the time.
And before you jump on that bit, I do not blame those fighters in either Iraq or Afghanistan fighting back. But it does not make them right. Those who fight back against our troops have to be killed, as simple as that. They are our armed forces enemies.

You say, 'That war and actions in Afghanistan have provided the manure for polarisation (and their "misdirection") of the youth of many other countries'.

Sort of agree. It is a very big cause, but not the main one. Most are indoctrinated in 'hate the west' almost since birth. We can not de-brainwash these millions of people.

You say, 'What is appropriate reparation and would it resolve the ongoing problems'?

Can't answer that one. It may do, it may not. But if you mean in monetary terms why should we.

You quote me as saying, "Of course any info given/obtained must be checked out before being acted upon."

You then argue that point by saying, If the information can be "checked out", that implies that there is already information on the "subject", and/or there are other sources from where "similar" information can be obtained.

This would seem to imply that the torture is unnecessary and therefore not justifiable.

What I actually meant was any new information gained must be checked out.
Yes there will obviously be information already known, that leads to the detention of that particular suspect.

So once again we will have to agree to differ or else we will just go round in circles.

Fred

That's the one Bespak i sold with more then a small profit , i think you hold your stock's to long like many who held SEO. its always a good idea to bank some profit on the way up and to cut your loses or reduce your holding on the way down.

Gold won't stay down for long , not while the US are printing more $

Greek,

A huge difference between WW2 and Iraq war, was that Germany was the proven aggressors and justified British and Allies retaliation, where as in Iraq we were the unjustifiable aggressors.

I hope you are not giddy.

==========

Ald.

Sounds like the Golden Calf.

Fred

I wish you had kept your mouth shut about gold falling , it has just gone down.

It seems that coalition proposed police cut backs have already reduce number police on Riot control at Mill Bank.

Are the scenes an indication of the future?

Just a few thugs. The one with his shirt off trying to break a window is known to my son. He missed his GCEs because he was inside for GBH and is now retaking them. At my son's sixth form college the teacher told the kids to go to demonstration and the college gave them authorised absense.

I suppose better the unauthorised Absinthe.

In my school that would have been appreciated more.

Sometimes it surprised me with whom my children kept company!

My son did not keep company with the kid on the TV. He just knew him from his schoool. I guess the police may put him back inside once they get him. He is out on parole at the moment for his sentence for GBH.

Tut TuT.

Is there any room inside for you?

It may be interesting to see what allegiances some of the demonstrators, who have been caught by the police snatch squads, actually have.

Hope the Police don't kill anyone this time coming home from work.

November 2010

43 Years of Stockmarket Experience writes...

Gold is at $1404 oz. Silver is at $27.90. The NAV of your fund has raced ahead in 62 weeks from 100p to 181.1206p and we hope that the best is yet to come, the fundamentals driving Golds rally are as strong as ever.

Gold is pushing upwards, and we believe that due to operational gearing the Fund will continue to do so too! Last week we saw 'Obamanomics' at its finest. After a trouncing in the Mid Terms, which will see Obamas flagship legislature unpicked by the Red House of Reps, and a now two year long period of bureaucratic stalemate, the Fed announced on Wednesday the clearing of the route for a second bout of Quantitative Easing. So the dollar will be devalued rapidly. And we believe that this is a process that has a couple of years to run. But no trading nation can afford its currency to be uncompetitive and so the G20 squabbles like ferrets in a sack as the great nations of the world engage in competitive devaluation.

The pickle that the US finds itself in will eventually lead to the demise of the Dollar as the World's currency. In the meantime it'll see Gold, and Silver for that fact, whiz further ahead. By some measures US unemployment has reached circa 20%, and the real scale of the debt that the US faces is yet to be realised by most Americans. In the next decade the US HAS to completely refinance itself to stay afloat. The state of the economy is that as of the moment, America's second largest Creditor is China, with the Treasury in the top spot. After America's continued attempts at currency devaluation, the US is, needless to say no longer in the PRCs good books.

At some point in the future the Chinese will decline to further the funding of their main Currency competitor. The World however is currently not yet ready to trust the Renminbi. Until the time that it does we will continue to see Investors fly from Cash and cash denominated investments to hard Asset classes, i.e. Gold, Silver, etcetera. We are even seeing Oil creep closer to $100 barrel.

The reason for the flight to safe haven asset classes is that the US, plus the majority of the Western World (including Japan), are so heavily indebted that there is no other feasible option but to maintain miniscule interest rates while devaluing paper currency to whittle away at the 'real' value of their debts. To draw upon the words of John Maynard Keynes 'Belligerent Governments, unable, or too timid or short-sighted to secure from loans or taxes the resources they require, print notes for the balance'. The US has exhausted its tax policies, and almost its debt capabilities, and instead of tightly reigning in decadent spending and promoting pro-business legislature (like for example China has), the US has decided to electronically credit its account with Dollars. The result is 'monetary dilution'. Put simply, in these untoward circumstances the Dollar in the pocket today will be worth less tomorrow ( to misquote Harold Wilson). The fundament al reason for this is that as more currency finds itself in circulation, Inflation ensues. Inflation has, until recently, not been taken seriously. We have recently identified that numerous wholesale commodity prices are increasingly on the way up. For example, Agricultural Raw Materials are up 24%, Coffee 45%, Barley 32%, Beef 23% and Sugar 24%. For the naysayers of Inflation, how long will it be before we see these increases at wholesale level trickle down to the more familiar retail prices? On a trivial level Next is set to put its clothes prices up by 8% as of next year.

More seriously, the argument for Gold has never been so compelling. Accordingly, this month we have taken part in the placing of a new investment vehicle with a mandate to invest in Gold stocks (more on that later). Tom is at the helm of the astutely selected stock portfolio. We reckon Gold and Silver will continue to push on higher. Your Fund is the top performing Unit Trust in its class with a year to date increase of 73.4%, dramatically outperforming Golds year to date increase of 26.9%. Since launch the Fund is is up by 81.12%. Of course past performance is not a reliable indicator of future results and we would like to draw your attention the important risk warning at the end of this message. In light of this our investment strategy remains in tact and stable. We are not deviating; we continue to add to our attractively priced holdings as and when we feel it appropriate. This month we have been nibbling at and compounding our positions in, amongst others, Ariana, Ovoca, Norseman, and Angel Mining.

You may say ''but we are in a frenzy''. Having seen many frenzies during a 43 year stockmarket career I can say for sure that we are not. In terms of gold we are still 30% below the real all time high price. When a frenzy starts gold will shoot ahead in a straight line gaining $50 in a session. And then the next. And then the next. The climax of any upswing is always that dramatic. What we see now is a $20 gain one day and then a $10 retreat. The trend is up but it is not straight line. It is not climactic. And in terms of equities: where is the bid frenzy that marks the top of any rally? Where are the quite ludicrous movements on the basis of mere rumour? Has your postman told you to buy gold stocks yet? Yes there is enthusiasm for the sector but not madness. Not even signs of it. We are still in the foothills of a major movement.

Robert Sutherland-Smith

Ascent to Glory.

The new Chinese advisor Cameron is advising the Chinese government on management of its 1,3 billion population and its economy.

Amazing, when he can't manage the own country's coalition, or the economy of a country with a population of 61 million.


This man is really magic. Next he will be advising the Pope on PR.

Sorry, I forgot that job has been taken by his look alike Blair's.

I must admit l like his method of making friends.

Perhaps, I should act as his advisor.