September 3, 2010, 2:31 pm
spent on aboriginals, indian affairs, welfare, etc and divided it up amongst the Natives, they would have a standard of living double that of the average Canadian. Lawyers, politicos, and beaurocrats get most of the money while the Natives live in grinding poverty. It is sickening, but nobody has the guts to change the status quo.
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September 3, 2010, 10:06 am
I dont know why it matters where I live, but I do live in Canada and no I dont live in BC, but I am familiar with BC politics and Indian land claims.
Except for BC, I consider Canada the best place to invest in the world. Except for two stocks all my portfolio is located in Canada. As good as Mexico is, I have pared my holdings down to one stock as the political situation there is getting worrying. No matter how good a mine is, bad politics can quickly destroy shareholder value. This is a lesson I have learned the hard way. As for BC, it is a beautiful province, that is the problem. Every time someone wants to open a mine, the treehuggers have a hissy fit. And then the lawyers and Natives get involved. Northern Quebec and northern Ontario have a long history of mining and welcome and encouage it.
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September 2, 2010, 10:04 pm
I wouldnt touch any shares in British Columbia with a ten foot pole. There literally isnt enough land in BC to settle all the Native outstanding land claims, plus the fact it seems like there is a treehugger behind every tree.
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August 28, 2010, 11:59 am
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August 19, 2010, 12:01 pm
As soon as the paper market opens down she goes
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August 14, 2010, 11:16 am
I will pass it on
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August 2, 2010, 9:58 am
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August 2, 2010, 9:57 am
They get gold to sell to manipulate the market and at the same time double the amount of gold on their books!
” In my analysis of the BIS swaps I postulated that a bullion bank had made a swap with one or more central banks and had obtained bullion in exchange for $14 billion. I further postulated that the bullion bank made another swap with the BIS whereupon the BIS gave the bank $14 billion but the bullion bank did not hand over the gold to the BIS but instead credited the BIS with a ledger entry of gold in the BIS unallocated gold account. This would allow the bullion bank to have real gold to meet burgeoning demand while the accounts would show that the same gold had been credited to the BIS.”
But this is the part I like best.
When 45 ounces of gold are sold but only 1 ounce is sourced, the result is a massive suppression of the gold price. But the converse is also true: When 45 ounces of gold are demanded for every 1 ounce that is in the vault, the price explosion is beyond imagination.
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