24hgold - The Persistence of the Bizarre

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10:24

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MINING STOCKS :

Alexco Resources / 1.69 (+4.32%) : Receives Water Licence Amendment
Masuparia Gold / 0.11 (+57.14%) : en Band Resources Inc. - Update On The Greywacke North Bulk Sample Program
AQM Copper / 0.05 (+25.00%) : Announces Adoption of Advance Notice Policy
Energold Drilling / 1.74 (+6.10%) : to Hold First Quarter 2013 Results Conference Call on May 27, 2013
Kirkland Lake Gold / 3.45 (+2.37%) : /December 31st Reserve & Resources Update; Significant Increases on the Former JV Properties
Primero / 5.39 (+4.26%) : Announces Exploration Results; Alexa Vein Continues and Victoria Vein Extends Into West Block
Masuparia Gold / 0.11 (+57.14%) : en Band Resources Inc. - Update On The Greywacke North Bulk Sample Program
Focus Ventures / 0.14 (+55.56%) : and Stonegate Enter Into Letter of Intent for Focus to Acquire a 70% Interest in Stonegate's Mantaro
Sabina / 1.14 (+3.64%) : Reports Glencore Xstrata Discloses New Hackett River Resource Estimate
IAMGOLD / 5.06 (+5.20%) : provides exploration update on Boto Project in Senegal

PRECIOUS METALS (US $)
Gold	1364.84	-23.56
Silver	22.22	-0.46
Platinum	1451.00	-29.50
Palladium	741.60	-0.65

WORLD MARKETS
DOWJONES	15388	53
NASDAQ	3500	4
NIKKEI	15381	20
ASX	5156	-29
CAC 40	4024	2
DAX	8459	3
HUI	252	-9
XAU	97	-3

CURRENCIES (€)
AUS $	1.3171
CAN $	1.3254
US $	1.2846
GBP (£)	0.8499
Sw Fr	1.2517
YEN	132.0330


CURRENCIES ($)
AUS $	1.0255
CAN $	1.0317
Euro	0.7784
GBP (£)	0.6616
Sw Fr	0.9744
YEN	102.7700

RATIOS & INDEXES
Gold / Silver	61.42
Gold / Oil	14.14
Dowjones / Gold	11.27

COMMODITIES
Copper	3.36	0.01
WTI Oil	96.54	-0.17
Nat. Gas	4.16	0.07

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R
Member since December, 2009
19 commentaries -

Commented On
The Persistence of the Bizarre - Nathan Lewis - New World Economics

(7)

what a fool

Commented 784 days ago

Read the headline : There's a notion out there that, to establish a gold standard, you take the existing monetary base, divide it by the amount of gold the government has in storage, and then you end up with a price of gold. This is so idiotic that for a long time I figured I'd just leave it alone. Do these people also think that babies are delivered by storks? And yet, it is a testament to the extremely poor state of affairs these days that these sorts of arguments exist, and indeed have been around for decades apparently without anyone to call BS on them...Read More

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