By Perth
Kris Sayce from Money Morning Australia attended the Sydney Gold Symposium this week. He admits no prizes for making the right guess on the opinions on gold and silver. “The message was buy both. And buy them now.” Which he says, made him feel a bit uncomfortable.
Here are Kris’ highlights from the conference – and a word of warning:-
Mondays keynote speaker was Egon von Greyerz. Here are a few choice quotes:
“There are three types of money. There is money which is worthless (Zimbabwe), there is money that will become worthless (US dollar), and there is real money (gold).”
“100,000 people earning average $40,000 have to work for 350 years to produce as much income as Ben Bernanke can print $1.4 trillion in a fraction of a second.”
Whats the difference? The first is mostly productive work The latter is a man pressing a button!
“Nixon should have been impeached for going off the gold standard, not Watergate or shot even! It was the worst criminal act Ive ever seen.”
The afternoon session saw our old pal, Dan Denning take the stage:
“The gold standard should be the friend of the working man
“You cannot have true liberty without gold as real money.”
And on the sham of central banks having an inflation target, Dan pointed out an inflation target of 3% means the central bank is authorising the steady erosion of personal wealth by 3% each year.
But “under a gold standard the people cannot be robbed by the central bank in that way.”
The second day was a ripper too. But as we were chairing, we did not have the chance to take as many notes as we would have liked. Richard Karns talk on specialty metals was the best of the crop.
His best slide compared nations money supply growth and reported inflation rates. Turns out Australias money supply is growing faster than the U.S. Yet officially our inflation is under control!
But getting back to our point from the start of this letter, some parts of the Gold Symposium made us feel a bit uneasy.
We know it was a gold conference. And we knew everyone would be bullish on the yellow metal. But still, we had hoped for some counter arguments. Or at the very least for one of the speakers to say, “Of course, if Im wrong, this will happen”
The closest any of the speakers came to this was (we think) John Embry of Sprott Asset Management. To paraphrase, he said: “Be careful what you wish for. If there is hyperinflation it will be terrible for everyone.”
Its an argument weve made here many times. We know the gold bugs wont like us saying it. But the best outcome for gold investors is probably for the worlds economies to experience more of the same bailouts and central bank money printing.
That will be bad news for those who dont own gold as theyll remain unaware of the silent destruction of their wealth. But for gold and silver investors it could (or should) see precious metals crank higher over time.”
The full article is available at http://www.moneymorning.com.au/20111116/the-working-mans-and-womans-best-friend.html
Perth Mint located in Perth, Australia, has been producing silver and gold bullion bars and other bullion products since 1899. Find out more about their services and the current gold price on their official website.
Long Lasting Laser Print Toners Are Now Available Through UniLink Inc.
By Seo5 Consulting
For businesses that conduct a lot of printing, printer consumables such as toner and ink can become a costly expense. Decision makers must look to find the best available consumables at the lowest possible cost in order help consolidate the cost of running an electronically savvy operation. That’s where the experts at UniLink Inc. can help, because they offer a plethora of consumables such as laser printer toners at affordable prices, to ensure that businesses are equipped with high quality printing capabilities that have a low impact on the balance sheet.
UniLink is the leading source for all financial services equipment, from printers, scanners and coin counters to printing consumables such as laser printer toners and ink cartridges. Their connection to the leading companies in the field means that their catalogue has one of the broadest product ranges in the industry, which allows them to provide their clients with precise solutions to their operational requirements.
UniLink is also an authorized national service depot for all scanners and passbook, validation and receipt printers, which means that they can tailor solutions that are designed to integrate perfectly within your existing technical infrastructure. The company’s exceptional experience in this regards means that they can also repair printer and scanners while working directly with vendors to guarantee that maintenance work is completed professionally and in-keeping with industry standards for that particular product.
When users need guidance on utilizing the latest equipment within their operations, UniLink Inc. is right by their side. Not only does the company employee a specialist workforce that has over 200 years combined experience within the financial services industry, but they also offer webinars on their site, so that company decision makers can review the benefits of products within the UniLink catalogue by way of a video presentation from experts in the field.
Another way in which UniLink stands out against other companies in the industry is that they offer sales solutions directly to their clients, such as custom e-commerce sites, custom sales videos and custom sales and marketing flyers that they can brand with your organization’s logo, for a highly stylized level of marketability that allows your company to sell its products with an emphasis on branding. For example, within the company’s custom e-commerce site solutions, they allow banks and other financial institutions a way of directly marketing their products to customers.
Within this system, bank customers can choose to purchase financial instruments such as credit card accounts, net30 payment scheduling systems and other such products. This solution also creates a system for combining all customer information, so that your in-house marketing staff has a simple resource for sending out content relating to special offers and other company events.
Organizations searching for the high quality laser printer toners at the lowest market price industry wide will be delighted with the options available within the diverse UniLink catalogue. The company prides themselves on offering consumables by some of the leading brand names in the field. Consider for the example the 6k page yield laser printer toner available from Burroughs, which offers exceptionally high quality prints for a wide array of in-house applications.
Don’t settle for anything but the best. Choose from the exceptional catalogue of products and services available at UniLink Inc. today and see why so many leading organizations are now partnering with this exceptional company.
About UniLink Inc.:
UniLink Inc. is the leading provider of financial printing equipment in the United States. Thanks to its partnerships with the leading manufacturers in the industry, the company is ideally positioned to provide businesses of varying sizes with innovative hardware that will directly meet their distinct operational requirements. For more information, please go to unilinkinc.
UniLink is a proud provider of financial printing equipment & remote deposit capture scanners and is a one-stop shop for all your financial solutions needs. For more information, please visit www.unilinkinc.com.
Eternal Glittering From Gold To Silver
By fankdool
Of course making money seems to be sometimes easy; however, saving the earned money for future activities seems to be somewhat difficult for many people in the world.Saving for future activities is nothing but a habit. However, while investing the hard earned money, a person should not merely depend on the tips provided by his friendly neighbor and his decisions should be based on careful planning, rational and realistic decisions. The decision to invest differs from person to person and countries to countries; buy gold is the chief motto in some parts of the world and buy silver in some other parts.
While it is talked about the investments, large number of avenues is available; education is also an important investment which is going to offer good returns throughout the active life of any person.In terms of money, it can be invested in real estate like purchase of a house, plot or agriculture land; metals like gold, silver or platinum; investments like deposits with banks, mutual funds, insurance policies, shares in reputed companies and commodities.There has been significant interest in asset classes like gold especially with the steady rise in gold prices in the last few years. It has been found that people living in Asian countries have been buying gold in physical form and gold prices have been showing a steady rise for the last three years and with the steady uptrend in gold prices, of late silver prices have also been going up in the last one year.
Among three precious metals viz., gold, silver and platinum gold and silver are found to be comparatively cheaper than platinum; gold is the most stable of three assets and it has in the last twenty-five our of thirty years ended with a positive return compared to silver more volatile than gold in twenty-one out of the last thirty years.Every investor whether be small or big has to hedge himself against unexpected or unanticipated defaults or failures and the fund managers always advise every investor to be safer in splitting up the investments. In pendants, chains and earrings, gold can make a statement like no other metals and it has been hailed as the prestige issue for the upper class, from the times of Egyptian queen Nefertiti who was symbolic with her gold headdress and other ornaments, to the Elizabethan era when countesses and marquises wore outfits and jewelry made of the precious gold, to the present electronic age. Buy gold seems to be the best option among the many while buy silver is found to be a silver lining on the clouds.
AU Trading offers authentic solutions for online bullion dealer specializing in buy gold and buy silver. Get the best Credit Suisse Gold Bars, buy gold, Perth Mint Gold, simple ways of buy silver. For Details Visit it.
coin