All the worlds gold

[styky]

All the worlds gold by the numbers......
http://www.numbersleuth.org/worlds-gold/

[wallstone]

At one time Canada had well over 20 million ounces of gold in official reserve and now we have a big fat zero
thanks to the lieberals who sold our gold off at less than $300.00 an ounce to buy coloured paper money such as the American greenback and the Euro. What a brilliant insightful move by the brain dead progressives which is similar to what Gordon Brown another liberal did with Englands gold reserves.

I'm sure Obama would luv to sell off America's gold if they have any left. Rumour has it that Fort Knox is empty.
Ron Paul has been calling for a long overdue due audit of the facility but of course that will never happen.
I wonder why.

[wildernessvoice]

At one time Canada had well over 20 million ounces of gold in official reserve and now we have a big fat zero
thanks to the lieberals who sold our gold off at less than $300.00 an ounce to buy coloured paper money such as the American greenback and the Euro. What a brilliant insightful move by the brain dead progressives which is similar to what Gordon Brown another liberal did with Englands gold reserves.

OOPs! I think if you check the date of the great rape of Canada you will find out it the Conservatives under Lying Brian that gave up our gold to the Rothschild banking industry. Could be wrong though.

It is interesting that when the Loonis came out the debt dropped. When the Twonie was issued the debt dropped.
The coinage belong to the people of the plantation. These coins replaced fiat currency issued by the banks. Harper should put out a $5 coin.
This is the reason you will never see the dollar coin successfully issued in the US.
Billions of dollars would be paid off in debt to the Rothschild owned-and-operated Federal Reserve.

[wildernessvoice]

At one time Canada had well over 20 million ounces of gold in official reserve and now we have a big fat zero
thanks to the lieberals who sold our gold off at less than $300.00 an ounce to buy coloured paper money such as the American greenback and the Euro. What a brilliant insightful move by the brain dead progressives which is similar to what Gordon Brown another liberal did with Englands gold reserves.

OOPs! I think if you check the date of the great rape of Canada you will find out it the Conservatives under Lying Brian that gave up our gold to the Rothschild banking industry. Could be wrong though.

It is interesting that when the Loonis came out the debt dropped. When the Twonie was issued the debt dropped.
The coinage belong to the people of the plantation. These coins replaced fiat currency issued by the banks. Harper should put out a $5 coin.
This is the reason you will never see the dollar coin successfully issued in the US.
Billions of dollars would be paid off in debt to the Rothschild owned-and-operated Federal Reserve.

....and then:3. Free Gold for Free Trade?
[Libre Échange à Prix d’Or?]

Almost immediately upon taking office, Mr. Mulroney set about making good on his campaign promise to "refurbish" Canadian-U.S. relations, which had fallen into serious disrepair under his predecessor, Pierre Eliot Trudeau. See, e.g., K.R. Nossal, "The Mulroney Years: Transformation and Tumult," Policy Options (June-July 2003). The new prime minister, in a reversal of his earlier policy stance against free trade, soon committed his government to the campaign that culminated in the Canada-US Free Trade Agreement (signed January 2, 1988; effective January 1,1989) and later the North American Free Trade Agreement (effective January 1, 1994).

The Canadian government appointed its chief trade negotiator in November 1985, and trade negotiations with the U.S. representative began in Ottawa the following May. But a year later, with the negotiations stalled and American support for an agreement waning, the outcome remained very much in doubt. Then, as Michael Hart recounts in A History of Canada-US Free Trade (1999 conference paper, part :

The pundits and pessimists in both countries, however, were proved wrong. The Canadian government stuck to its guns and determined that it had to have an agreement. Also surprisingly, both the US administration and the Congress demonstrated that they were prepared to come to terms with the hard issues and to look forward rather than backward. In a dramatic series of events during the fall of 1987, political leaders from both sides hammered out a satisfactory package that had until then eluded the professional negotiators.

The Iran/Contra affair broke publicly in the fall of 1986, precipitating a strong rally in gold prices which was met by sustained heavy selling of gold on the Commodity Exchange in New York as well as indications of intervention in the gold market by the U.S. Exchange Stabilization Fund. See Complaint, paragraphs 49, 63. The stock market crash in October 1987 gave a further push to gold prices and triggered more official selling.

The U.S. government is always sensitive to increases in gold prices of sufficient magnitude to reflect negatively on the U.S. dollar. From around US$300/oz. in January 1985, gold prices climbed to $500 in December 1987 before retreating to $360 by the fall of 1989 and closing that year just over $400. Particularly in light of the extraordinary events that accompanied the three-year move to $500, the significant Canadian gold sales that were initiated during this period must have come as good news to the Reagan administration.

Whether these or later sales had any connection, direct or indirect, to the Canadian government's strong interest in securing a comprehensive trade agreement with the United States must on the current state of the evidence remain a matter of conjecture. However, what is not in doubt, even if not fully apparent until the mid-1990's, is that on balance free trade with the United States has transformed the Canadian economy and substantially augmented the wealth of Canadians. Viewed in this light, if a quid pro quo for the free trade pact were the 125 tonnes of gold reserves sold in 1986 through 1989, many and probably most Canadians would consider it real money well spent.

The following chart highlights the impressive growth of Canada's current account surplus and foreign exchange reserves since 1989. It illustrates as well that while Canada's gold sales up to that point were significant, they could also plausibly be justified solely on the grounds of diversifying official reserves. However, the chart also shows that as of the end of 1989, Canada's gold sales had just begun a long descent that would rapidly accelerate from 1991 to 1995 before assuming a more gentle slope to near zero today. (Note: According to a press release from the Department of Finance, Canada's gold reserves were about 175,000 ounces as of August 31, 2003.)

[Lyonnese]

Wealth cant be measured in gold as its fiat in itself ...its ultimately worthless in truth. Currency is a creation out of thin air..always has been from ancient times. The Money Myth is a creation! We are all hoaxed into believing that gold is a security blanket..only if gold remains a standard...there's the rub folks. It could be anything we hold valuable...anything!
The be wealthy think along simpler lines, what the necessities for life and prosperity. You'll surprise yourselves.
Meditate on this.

[wildernessvoice]

Wealth cant be measured in gold as its fiat in itself ...its ultimately worthless in truth. Currency is a creation out of thin air..always has been from ancient times. The Money Myth is a creation! We are all hoaxed into believing that gold is a security blanket..only if gold remains a standard...there's the rub folks. It could be anything we hold valuable...anything!
The be wealthy think along simpler lines, what the necessities for life and prosperity. You'll surprise yourselves.
Meditate on this.

After food and shelter has been looked after you have a problem with surplus.
Things rust and what dosen't the moths will eat.
The best system ever has been the barter system. Some of my farm produce for some of your surplus hours of labour.
Comes the day when the surplus piles up.
Always at this point mankind has searched for a means to store our surplus.
Gold has always been the hands down winner.

......but I am smart enough to know that I can't take it with me. I chose investing my surplus in my children and their children. Hopefully when I'm in the box at the front of the viewing room I will have taken with me the only thing I could- the love and respect of my kids.
Meditate on that my dear friend. We are probably on the same wavelength.

[Lyonnese]

Wealth cant be measured in gold as its fiat in itself ...its ultimately worthless in truth. Currency is a creation out of thin air..always has been from ancient times. The Money Myth is a creation! We are all hoaxed into believing that gold is a security blanket..only if gold remains a standard...there's the rub folks. It could be anything we hold valuable...anything!
The be wealthy think along simpler lines, what the necessities for life and prosperity. You'll surprise yourselves.
Meditate on this.

After food and shelter has been looked after you have a problem with surplus.
Things rust and what dosen't the moths will eat.
The best system ever has been the barter system. Some of my farm produce for some of your surplus hours of labour.
Comes the day when the surplus piles up.
Always at this point mankind has searched for a means to store our surplus.
Gold has always been the hands down winner.

......but I am smart enough to know that I can't take it with me. I chose investing my surplus in my children and their children. Hopefully when I'm in the box at the front of the viewing room I will have taken with
me the only thing I could- the love and respect of my kids.
Meditate on that my dear friend. We are probably on the same wavelength.

Nothing beats that one.Yes we are both meditating on the same wavelength, indeed.
Barter is the great equilizer that earns repsect for our fellow man. There wouldnt be a surplus...a bank.

[wildernessvoice]

Your first comment got me thinking- I hate when that happens. I thought back to an old poem that I love.
As a kid in school in 1951 my teacher still used the "copybook" method of teaching.
I decided tp post that poem and call it Free Dominion's poem for 20122.
Reading it never fails to cut my soul loke a razor.

[styky]

At one time Canada had well over 20 million ounces of gold in official reserve and now we have a big fat zero
thanks to the lieberals who sold our gold off at less than $300.00 an ounce to buy coloured paper money such as the American greenback and the Euro. What a brilliant insightful move by the brain dead progressives which is similar to what Gordon Brown another liberal did with Englands gold reserves.

OOPs! I think if you check the date of the great rape of Canada you will find out it the Conservatives under Lying Brian that gave up our gold to the Rothschild banking industry. Could be wrong though.

It is interesting that when the Loonis came out the debt dropped. When the Twonie was issued the debt dropped.
The coinage belong to the people of the plantation. These coins replaced fiat currency issued by the banks. Harper should put out a $5 coin.
This is the reason you will never see the dollar coin successfully issued in the US.
Billions of dollars would be paid off in debt to the Rothschild owned-and-operated Federal Reserve.

....and then:3. Free Gold for Free Trade?
[Libre Échange à Prix d’Or?]

Almost immediately upon taking office, Mr. Mulroney set about making good on his campaign promise to "refurbish" Canadian-U.S. relations, which had fallen into serious disrepair under his predecessor, Pierre Eliot Trudeau. See, e.g., K.R. Nossal, "The Mulroney Years: Transformation and Tumult," Policy Options (June-July 2003). The new prime minister, in a reversal of his earlier policy stance against free trade, soon committed his government to the campaign that culminated in the Canada-US Free Trade Agreement (signed January 2, 1988; effective January 1,1989) and later the North American Free Trade Agreement (effective January 1, 1994).

The Canadian government appointed its chief trade negotiator in November 1985, and trade negotiations with the U.S. representative began in Ottawa the following May. But a year later, with the negotiations stalled and American support for an agreement waning, the outcome remained very much in doubt. Then, as Michael Hart recounts in A History of Canada-US Free Trade (1999 conference paper, part :

The pundits and pessimists in both countries, however, were proved wrong. The Canadian government stuck to its guns and determined that it had to have an agreement. Also surprisingly, both the US administration and the Congress demonstrated that they were prepared to come to terms with the hard issues and to look forward rather than backward. In a dramatic series of events during the fall of 1987, political leaders from both sides hammered out a satisfactory package that had until then eluded the professional negotiators.

The Iran/Contra affair broke publicly in the fall of 1986, precipitating a strong rally in gold prices which was met by sustained heavy selling of gold on the Commodity Exchange in New York as well as indications of intervention in the gold market by the U.S. Exchange Stabilization Fund. See Complaint, paragraphs 49, 63. The stock market crash in October 1987 gave a further push to gold prices and triggered more official selling.

The U.S. government is always sensitive to increases in gold prices of sufficient magnitude to reflect negatively on the U.S. dollar. From around US$300/oz. in January 1985, gold prices climbed to $500 in December 1987 before retreating to $360 by the fall of 1989 and closing that year just over $400. Particularly in light of the extraordinary events that accompanied the three-year move to $500, the significant Canadian gold sales that were initiated during this period must have come as good news to the Reagan administration.

Whether these or later sales had any connection, direct or indirect, to the Canadian government's strong interest in securing a comprehensive trade agreement with the United States must on the current state of the evidence remain a matter of conjecture. However, what is not in doubt, even if not fully apparent until the mid-1990's, is that on balance free trade with the United States has transformed the Canadian economy and substantially augmented the wealth of Canadians. Viewed in this light, if a quid pro quo for the free trade pact were the 125 tonnes of gold reserves sold in 1986 through 1989, many and probably most Canadians would consider it real money well spent.

The following chart highlights the impressive growth of Canada's current account surplus and foreign exchange reserves since 1989. It illustrates as well that while Canada's gold sales up to that point were significant, they could also plausibly be justified solely on the grounds of diversifying official reserves. However, the chart also shows that as of the end of 1989, Canada's gold sales had just begun a long descent that would rapidly accelerate from 1991 to 1995 before assuming a more gentle slope to near zero today. (Note: According to a press release from the Department of Finance, Canada's gold reserves were about 175,000 ounces as of August 31, 2003.)

You should spend a bit of time and read this..... http://www.goldensextant.com/CanadaGoldGrams.html