Saturday, July 28, 2012

The Mechanics of Spin

Jul 28, 2012 by

Quantitative Easing Revisited

By on Feb 1, 2012

12 astonishing things about gold

From the Perth Mint blog

Here are 12 astonishing features we’ve found cited about precious gold:
  • Gold is made in supernovas – massive cosmic explosions that hurl out materials which gather together to form planets.
  • Most of Earth’s gold is buried too deep to be recoverable.
  • Gold nearer the surface is the result of meteorites storms that bombarded Earth after it was formed.
  • The abundance of gold in the Earth’s crust is 0.004 parts per million.
  • The world’s oceans are estimated to hold up to 15,000 tonnes of gold.
  • Since the dawn of humankind, less than 172,000 tonnes of gold have ever been mined.
  • Every tonne of recovered gold would fit into a box of 20 metres cubed.
  • These days, it is not unusual for 10 or more tonnes of rock to be mined to get 1oz of gold.
  • Gold is extraordinarily dense – a cubic foot weighs half a ton, making it almost twice as heavy as lead.
  • Gold is highly malleable and ductile – 1oz of pure gold can be beaten into a sheet measuring nine square metres or drawn into a wire 80 kilometres long.
  • Gold nanoparticles thousands of times smaller than the diameter of a human hair are used in medicine.
  • The average human body contains 7 milligrams of gold.

Bron Suchecki of the Perth Mint interviewed on FSN

Jul 26, 2012 by

It looks like Australia is already winning Gold

From the Burning Platform blog


Going for Gold and Silver

Wishing all the best to the Aussie Olympic team in their quest for Gold, Silver and maybe Bronze.

For the rest of us will just have to be content just to go and buy our Gold and Silver.

Interesting to read that 92.5% of the "Gold" medal is actually Silver, so does that mean Silver is the new Gold?

Medals specification

  • The London 2012 Olympic medals weigh 375-400g, are 85mm in diameter and 7mm thick.
    The gold medal is made up of 92.5% silver and 1.34% gold, with the remainder copper (a minimum of 6g of gold).
  • The silver medal is made up of 92.5% silver, with the remainder copper.
  • The bronze medal is made up of 97.0% copper, 2.5% zinc and 0.5% tin.

Bank contractors illegally break into homes across the US

Jul 19, 2012 by
It's no secret that Americans are seeing their homes foreclosed in record numbers during the last few years — but is there any oversight from the banks in this rampant epidemic? In at least 50 instances as of late, financial institutions have ordered servicers to lock down supposedly vacant homes and empty out personal residences, only to be targeted the wrong places altogether. Ben Hallman of the Huffington Post provides us with a break down on the lack of accountability that comes with the foreclosure process.

Bill Murphy - The Cartel Is Getting Desperate

GATA’s Bill Murphy tells AltInvestors that the cartel is now getting desperate to extricate themselves from their naked short gold and silver positions.

Jul 25, 2012 by  

'America geared up for war'

Jul 27, 2012 by

Spain's regions call on government for bailout

Jul 27, 2012 by

Over the last week, Spain's regions have asked the central government for access to its credit line. Valencia, Murcia, and Catalonia have combined debts of around 65 billion euros and are on the brink of being unable to pay key public service providers.

Western bankers intensify global recession by financial terrorism

Right on Cue - Obama Exploits 'Batman Massacre'

Jul 27, 2012 by

Man Brings Gun to a Knife Fight

SALT LAKE CITY (ABC 4 News) - A citizen with a gun stopped a knife wielding man as he began stabbing people Thursday evening at the downtown Salt Lake City Smith's store.

Police say the suspect purchased a knife inside the store and then turned it into a weapon. Smith's employee Dorothy Espinoza says, "He pulled it out and stood outside the Smiths in the foyer. And just started stabbing people and yelling you killed my people. You killed my people."

Espinoza says, the knife wielding man seriously injured two people. "There is blood all over. One got stabbed in the stomach and got stabbed in the head and held his hands and got stabbed all over the arms."

Then, before the suspect could find another victim - a citizen with a gun stopped the madness. "A guy pulled gun on him and told him to drop his weapon or he would shoot him. So, he dropped his weapon and the people from Smith's grabbed him."

By the time officers arrived the suspect had been subdued by employees and shoppers. Police had high praise for gun carrying man who ended the hysteria. Lt. Brian Purvis said, "This was a volatile situation that could have gotten worse. We can only assume from what we saw it could have gotten worse. He was definitely in the right place at the right time."

Dozens of other shoppers, who too could have become victims, are also thankful for the gun carrying man.

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