G'Day,

Thanks for your orientation. Not a simple issue. How do you get it sorted out?

I passed some comment a week or so ago that it appears, to an outsider, the your financial system is totally controlled by external interests via the FED and, with respect, it appears that your political system is like wise controlled by the same external influences - Rothchilds.

In Australia everyone of voting age, by law, has to vote. There are some checks and balances in the system to keep the bast...s honest. It is by no means perfect, but at least the voting turn out is 95 to 100%, or else you are fined for not voting.

The system here is by no means perfect, as we still have severe external influences via London, but at least we give it a fair go.

Aye, Haggis

G'Day,

Concerning British corporate interests, you might find it of interest to:

1. Read up on Tiny Roland, ex-Chairman of Lonhro, and the history of Lonhro in Africa.

2. Read up on Rio Tinto, Bougainville in Papua New Guinea, and Sandline ( Rio Tintos' private army ) .......... situation still evolving.

Aye, Haggis

For a minute you had me worried! I thought that all Scots were Saints.

I must confess the the Brits do things rather discreetly and quietly. You may wish to give the following a read:

1. The Rise and Fall of the Great Powers - Economic change and military conflict from 1500 to 2000: by Professor Paul Kennedy. Fortuna Press.

2, Big Boys' Rules - The SAS and the secret struggle against the IRA; by Mark Urban. Faber and Faber. ISBN 0 571 16809 4.

3. Phoenix, Policing the Shadows - the secret war against terrorism in Northern Ireland: by Jack Holland and Susan Phoenix. Coronet Books. ISBN 0 340 66635 8.

Happy reading.

Aye, Haggis

It's less dated than The Great Reckoning.

Watch out for those Luddites!!!

G'Day,

Aye laddie you are coming on! However, one must always remember the chorus.............

The Traditional Scots Song for New Year

Auld Lang Syne

By Robert Burns 1756 to 1796

Should auld acquaintance be forgot,

And never brought to mind?

Should auld acquaintance be forgot,

And days of auld lang syne!

Chorus:

For auld lang syne, my dear,

For auld lang syne,

We'll tak a cup o' kindness yet,

For auld lang syne.

And surely ye'll be your pint stowp,

And surely I'll be mine!

And we'll tak a cup o' kindness yet,

For auld lang syne.

( Chorus )

We twa hae run about the braes;

And pou'd the gowans fine;

But we've wander'd mony a weary fit

Sin' auld lang syne.

( Chorus )

We twa hae paidl'd in the burn,

Frae morning sun till

The confab in New York underscores the seriousness of the Asian flu, and not the chicken variety either...

Remember the old adage; If you are a small borrower and you default, the lender owns you. Be smart. Borrow most of what the lender has, then YOU will OWN the lender...

G'Day,

It depends on what part of the planet you are standing.

With respect to this Forum, it must be the US dollar, the dollar, the dollar................goes on and on, just like the FED printing presses.

Darkness is very soothing until you hit your shins on the furniture, or stand on unidentifiable squishy things. Is this how the US views the current crisis in Japan and Asia, or is it only a glitch.

The US forms part of this planet, not it all. Then again, the US may well be off this planet!!

Aye, Haggis

G'Day,

I do not have a working knowledge of Tanzania, but I did live and work in Zambia for three years.

The most active Australian company in Tanzania is Resolute who are builting a 2Mt per annum plant at the Golden Pride gold project in northern central Tanzania, a 50:50 JV with Samax Resources Ltd. The overall length of the Golden Pride deposit extends over three kilometres and remains open along strike and at depth. Reserve, not resources, stand at 700,000 ounces.

The Tanzania gold fields are located in the Archaean Tanzanian Craton. No significant gold mining has taken place since the British left in the early 1960's. Areas of historical prooduction are: Migari, Buhemba, Kiabakari, Gelta, Sekenke, Lupa, and Mpanda. An outline of the geology and mineralisation can be sourced via Regional Geology of Africa by S W Petters, Springer Verlag, ISBN 3 540 54528 X.

Aye, Haggis

Gold's rebound with authority,

Although,not for the majority.

Will surprize like a grizzly,

Not just AnOtHeR fizzly.

Like the ( D ) OW that breaks in the wind,

So shall the papergods that dwell within.

When all's said and done,

And no story left unspun.

Buy the DOW,by the market,is the cry to the crowd,

From the tops of tall buildings,it could be heard,oh so loud.

While those who were shouting,were selling their wares,

Jim Bob and Sue,were in with no fears.

Happy New Year,my bonus, will that guarantee,

Ninety-Seven's been a blast,to that,we all agree.

But Ninety-Eight will be different,and we now must address,

As the paper keeps coming,and we're lost,we confess.

Lower YOUR expectations,say the gods to the minions,

As they clamor for direction,and fear true opinions.

From GoldBugs,and Realists,and those who predict their fate,

As gold's global value,will appreciate,in Ninety-Eight.

To where,and when,is speculation from the seers,

DOW 6000,Gold 360,Happy New Year,have some beers!!

CopyWrite@HepMeMoney_Hmmm

When this thing blows it will be a destroyer of many lives, businesses, etc. IMHO opinion when this bad boy dies the physical purchases will skyrocket and people will simply erase existing supplies. I would rather have metal than paper. And I don't want to have to chase it.

Aside from the many fine pieces we all read and mention here I think one of the best analogies of late was the Skeptical Investor discussing the Titanic. Weird how the movie is now playing. ( big shiver ) Yikes!

The Nah it won't happen crowd will go as quick as the ship.

Sure, many of the posters don't stick to topic all the time; I doubt they would in any community. But there is no call to post bizarre and evil comments like this. Thanks.

Gold: Fell 15,011 ounces to 489,158

Silver: Tumbled 798,822 ( ! ) to 109,891,198 -- A new 13-year low.

It's been more than a week now that Silver is closing above the psychological 600 level. This is very significant. This is no time to spend time calculating downside corrections... Today's action was extremely bullish once you look at what happened twice! ( or 3 times )

The only little negative for Silver right now is last week's statement from Puetz that he is bullish in Silver. But then again....even an analyst can get lucky once in a while no?

out & fruit trees blossoming. How's the weather on your island?

The President was returning to the White House last week after Xmas shopping.He had a pig under each arm & met one of his secret service agents. The agent called out those are fine looking pigs Sir. Clinton replied these are'nt just ordinary pigs, they're Arkansas razorbacks, I got one for Hillary & one for Chelsea. The agent replied that was a damn good trade Sir.

Actually I lke Clinton & think most Canadians do. I remember when he was up here a few years ago. There was a picture of him,in our local newspaper, driving one of our new high speed ferries, in his shirt sleeves, with one hand on the steering wheel & a bud in the other. I remember thinking to myself, now there's a guy who likes to have fun. Despite his weaknesses & foibles his humanity shines through. Unlike some of his predecessors, I can't imagine him unleashing weapons of mass destruction on innocent civilians.

Silver, XAU & HUI at GOLD-EAGLE Intra-Day Charts webpage. Also, shown are

30-year T-Bond and Crude Oil prices, in addition to the Paper Indices ( DOW, S&P, NASDAQ & Utilities:

http://www.gold-eagle.com/intra-day.html

Financiers brace for fresh crisis over Korea

http://www.smh.com.au/daily/content/971230/world/world2.html

After 15 years the bulls are looking for a break

http://www.afr.com.au/content/971230/invest/ivsuper.html

Commodities Boom a matter of time

http://www.afr.com.au/content/971230/market/markets3.html

200 Indonesian companies face $US debt woes

http://www.afr.com.au/content/971230/world/world1.html

Big Americans take shine to Australian gold

http://www.afr.com.au/content/971229/invest/invest2.html

Cashed-up firms swoop on Asia

http://www.afr.com.au/content/971229/world/world1.html

The mad musings of Lyndon Larouche 27th Dec 97

( Some interesting stuff perhaps? )

Britain's Maastricht Stranglehold on Europe -

EIR: Lyn, what's the view from Europe, of U.S.-European relations?

LYNDON LAROUCHE: Bad. The worst problem, of course, is the

British, have lined up Europe -- most of it -- from Greece, to most of

Western Europe, against the United States.

One of the biggest problems that the President of the United States

has, and his administration, is, the British are our enemy. And they're

manipulating the U.S. government itself, which is trying to resist them,

by an old diplomatic technique.

See, the British game is: The British let you think that you are

managing them; you're controlling them. And they set out a group of

levers, which you can discover, which are put there, by them, for your

edification. Now, you presume that the way to handle the Brits is the

following way. So, therefore, you think that you're handling the Brits,

because you're using these levers. But the Brits set these levers out

there, to lure you into believing, that by pushing these levers, you are

controlling them.

Actually, by your relying upon these levers, they are controlling you.

EIR: That's fascinating.

LYNDON LAROUCHE: So, that's one of the big problems here.

The British are running the entire continental European operation

against the United States, and, I don't think the White House grasps

that yet. They don't understand how that works. I've dealt with this

problem for decades, and therefore, as an historian and economist, I

think I have a better grasp of how it works. I've studied the animal for

a long time.

But the other part, of course, is Maastricht. Take the history of

Maastricht: Go back to 1989. George Bush was President

( unfortunately ) ; Margaret Thatcher was still screeching, like a parrot --

a drunken parrot, on LSD -- from her pinnacle in London. And a

British agent was still residing as the President of France: Francois

Mitterrand.

So, as the Fall of 1989 approached, and it was obvious that the

German side, and other sides of the Soviet empire were beginning to

crumble, that the British set up a scream, the Thatcher government set

up a scream, called ``Fourth Reich'': that Germany was going to be

unified, that Germany's economic power, as a reunified nation,

oriented toward rebuilding the former Soviet region of the world,

would make it a great power; and the British couldn't stand for that.

So, you had, in Mitterrand ( who was not only a British agent, but a

French revanchiste of the most contemptible type ) , was an enthusiast.

So he said, ``No. We're not going to allow Germany to be reunified.''

Initially, Bush was going to go along with this, but then, Bush was

advised by a couple of people, advisers of his, that this was idiocy.

So, as a result, they came up with a compromise solution: They would

impose upon Germany, its own crippling itself. That Germany would

agree to destroy and cripple its economy; not to develop the eastern

part of Germany, if it got it, and would generally accept conditions

which would ensure that Germany would be -- the D-mark would

virtually be nonexistent, and Germany would not an independent

economic power, but simply part of a zoo, a continental zoo, managed

by the zoo-keeper, who was outside the system, in London, running

the European system, from the outside. The way British always ran

balance of power in Europe.

This became the Maastricht Treaty. Imposed nominally by Mitterrand,

as one of his outgoing acts, so to speak, upon Germany.

And the Germans have submitted to it.

Now, the result of that, was a change in the social composition of the

German political class. That is, that by destroying German industry,

and German science -- the German machine-tool sector, in particular,

by exporting German industry; German products aren't as good as

they used to be, because of outsourcing. And because there's less

machine-tool input. For example, the former German aerospace,

which had one of the finest machine-tool capabilities in the world,

back in 1988-89, virtually nonexistent, in terms of that quality of

machine-tool capability, today. They dissolved it.

Whole industries are disappearing. What's left of Germany's steel

industry has just been consolidated into, financially, one firm.

- Britain Turned Europe into an Enemy of the U.S. -

EIR: You're listening to ``EIR Talks.'' This is Tony Papert.

When we paused for a commercial, Lyndon LaRouche was describing

how Britain had organized continental Europe against the United

States, through Maastricht.

LYNDON LAROUCHE: Well, as a result of the changes in economy,

you change the economic power, and therefore, the political

correlation of forces within the establishment. That is, the interests

which formerly represented the activities of Germany's high-tech

agro-industrial sector, were undermined. Science was undermined.

The influence of science, which meant the influence of rationality, was

undermined. That the employment -- the people, who were skilled

people, were downgraded -- those who represented that.

And you had a new kind of ``New Age,'' or post-modernist

sentimentality, which was fanatically pro-British, which tended to take

over in France, where the Socialist Party is the most pro-British

faction in France: Mitterrand's Socialist Party. That apparatus. There

are exceptions within the party, but, generally, the party is pretty much

an evil mess.

Germany: Probably over half of the German parliamentarians are,

more or less, fanatically pro-British. Some parties, particularly, to the

last man ( or whatever it is there ) , is that. And so forth.

So, Europe, then, became more a financier-run section of the world,

as opposed to an industry-driven source, part of the world. In other

words, the industries, the industrial activity, things we think of, in

terms of technology and production, had less and less influence on

German perception of self-interest, and purely financial, speculative

kinds of things became predominant.

Under these conditions, Europe became an enemy of the United

States. German relations with the United States could not have been

worse, in the past couple of years, even though Clinton, in his first

administration, took very strong efforts to build a good cooperation

with Germany, as a special relationship with Germany, particularly

with respect to the problems of Eastern Europe, and so forth, and

cooperation in those areas. But Kohl rejected it, and stood with the

British.

Now, there are some people who don't understand, that the British

manage Europe. You know, there are some people, who are taken in

by the British saying, ``Oh, we're not part of that. We have our

quarrels with these fellows.'' But they're running it! They're running

France. They effectively are controlling Germany. They're sitting on

Italy. The Dutch are with 'em. The Belgians are generally with 'em.

So, who is not?

And this has been the Clinton administration's biggest problem: Is the

fact that Europe, under British direction, has ganged up against the

United States, as was the case at the Denver Summit, this year.

When Blair led the Europeans in an absolute -- something out of Alice

in Wonderland: The Mad Hatter's Tea Party, was thrown in the face

of President Clinton. On his own territory!

By these nuts!

Recently, I think, because the situation is so bad, that Waigel, the

finance minister of Germany, came to Washington, and, of course,

lined up with the United States, in a concert agreement against Michel

Camdessus, the director of the IMF.

But these relations are very bad. One would hope they can be

improved, but one has to appreciate, that, you know, Clinton may

actually be, in net performance, when you consider the problems he's

up against, probably the best-performing President since Kennedy.

That may seem ridiculous, until you know what the problems are.

And the fact that we have virtually no allies. Japan was virtually not

speaking to the United States, up until recently. They were on the

other side! The British side. The Europeans were against the United

States, especially in the past several years.

And then we had all the problems here.

So, when you consider the problems the President faces, his

performance is really not that bad, at least relative to anything we've

seen since Kennedy, when you consider what the odds are, he's up

against.

And this thing should be better understood.

Patriots of the United States should understand what our problems

are, as a nation, and just don't poke the dirty finger at the President,

every time -- every time you don't like something!

- Royal Smear Job against America -

EIR: Do you have more to report on the British world propaganda

campaign against the United States?

LYNDON LAROUCHE: Well, for example, I get it all over the world.

For example: people will say the IMF policies, are U.S. policy.

Well, it's not true! Absolutely not true!

Why do people say that? Because the British say so.

So, you'll have people, in countries all over the world, saying, ``The

United States is the biggest ogre, behind this; behind this; behind this;

behind this.''

All not true!

The British run international terrorism, top-down. Plain fact! The

control of ``Islamic terrorism,'' so-called, is out of London. And it's

not something snuck in there. It's not something they didn't notice!

The British Crown, at the highest level, has publicly stated, in

Parliament, that its policy is to harbor these terrorists organizations --

which are on the U.S. list as the worst in the world.

That kind of problem.

But people will say, ``No! The United States is the terrible ogre!

Yeah, Britain, yeah ... But Britain working with the United States''; on

policies, where the United States government, to my knowledge, is

opposed, is fighting against the IMF.

And someone will say, the IMF is the instrument of the U.S.

And what infuriates me, is that the U.S. government, which knows

these facts, does not come out and say publicly: ``No. This is not us.''

We have a reporter ask a question at the State Department, or at the

White House press conference, saying: ``What's this about the British?

People say that the United States is behind this, and behind this. What

do you have to say in this?'' And this guy should say, ``No. This is an

absolute lie. We hear it ourselves, all over the place. But anybody who

knows the situation, knows it's a lie. We have quarrels with these

fellows. We're not with their policy.''

And people ought to see this, with the case of Michel Camdessus, who

has demanded this huge bail-out fund. And Waigel was brought over

from Germany, for one of the first acts of actually cooperation

between Germany and the United States, in some time, to agree to

stand fast against Camdessus and the IMF policy. The U.S. Treasury

is not for the IMF policy. The U.S. Treasury is not for that crazy

bail-out policy. And Rubin has made it very clear, as chief Treasury

spokesman, and others have made it clear.

But nonetheless, this keeps going on, and on, and on: people saying,

``The United States is doing this; the United States is doing that'' --

and the United States is not doing it.

But unfortunately, for some reason of policy, the U.S. government

doesn't defend itself against these lies.

- Revolt against London, the Terrorist Asylum -

EIR: Lyn, the Egyptian government has been waging a very

widespread campaign to try to force London to cease its support for

terrorism, to extradite the terrorists there. Can you tell us more about

this?

LYNDON LAROUCHE: Ah! This is not an Egyptian operation,

though Egypt is playing a key part in this. If you look at several

conferences, which have been going on, involving groups, official

groups, and other interest groups, from Islamic countries, or nominally

Islamic countries: You'll find that the same policies, which Egypt is

presenting, in its attacks on Britain, are coming out of the conference

in Teheran; they're coming out of these other Islamic group

conferences. Mahathir, in Southeast Asia, is a spokesman for leading

forces, throughout all of Southeast Asia ( which, in effect, include the

King of Thailand! ) , attacking these policies.

You had a denunciation of terrorism, coming out of the Teheran

conference, as a resolution of Islamic countries. Other Islamic groups

doing that.

What you're seeing, is that a group of Islamic people, leaders, of

government, and related institutions, who would normally be

considered as Islamic moderates ( that is, these are not the

pro-terrorist, etc., etc., types of people; they're not wild-eyed leftists;

they're middle-of-the-road statesmen ) , are joined in the same policy,

which Mubarak is expressing. So, Mubarak is not speaking as a lone

voice: He is speaking for a whole part of the world population,

totalling up, in influence, to about 1 billion people; so, it's not to be

overlooked.

[commercial break]

EIR: This is ``EIR Talks.'' We're on the line with Lyndon LaRouche.

When we were interrupted by a commercial, he was describing how

Islamic moderates worldwide, are rising up against London and its

policies.

LYNDON LAROUCHE: For example, the resolution on terrorism,

that came out of these conferences, this past week: You'll find, it's the

same line as Mubarak. Mubarak is not alone.

This is a general revolt, against the IMF and the British policy. You

see this reflected in patriotic sentiments, coming out of East Asia and

Southeast Asia. The resistance to the IMF, which is getting tougher by

the day, saying, ``This is a bunch of bloodsuckers, that should go

away, and not bother us any more.'' And it's this conflict, which brings

all these forces together, saying, ``We've got to get some clout,''

working together. These are forces, which, to a large degree, have

important relations with China, either directly or indirectly. And these

forces are coalescing. And they're using the theme of Islam, and,

essentially, politically moderate Islam -- that is, they're not leftist

utopians. But they're using Islam as a fulcrum, to bring themselves

together, to be a united force, on issues.

And when they feel strong, they tell the truth. And when they feel

strong, and tell the truth, they say: The British are behind international

terrorism, including the Luxor incident. And the British Crown is

directly, wittingly responsible for these terrorist acts. And they say,

they must be brought to heel.

It's a very important symptom. It's not the whole story, but it's a

symptom.

But one must look to the larger picture, not just look at Egypt.

- Toward a New Bretton Woods Agreement -

EIR: Lyn, Michel Camdessus, the managing director of the IMF is

about to, is shortly going to come to the U.S. to appeal to the

Congress for an increase in America's IMF quota. What's going to

happen?

LYNDON LAROUCHE: Well, I think Rubin and company will make

the deal, which they settled with Theo Waigel, the finance minister of

Germany, stick.

I think the time for Michel Camdessus to retire, and for the IMF to

become more modest, in its voice, has come.

The IMF is bankrupt. It's funded by governments, of course, and

therefore, it does not appear to be bankrupt, but, in a sense, it's

bankrupt. It's like a disease, you know; we don't need it any more.

We need a complete replacement for what the IMF, in its present

form, represents. We do need the kind of Bretton Woods agreement,

which was destroyed, back in 1971. We need a restoration of that

kind of an agreement, for a cooperative system of regulation, of a

system of fixed parities, or relatively fixed parities, limited

convertibility, exchange controls, with that, capital controls; and the

general fostering of world trade and low-interest-rate borrowing, on

long term, for fruitful programs of economic development, which are

mutually beneficial, both to individual nations, and to their trading

partners.

and there goes gold............glug, glug, glug...the beat goes on.

away...to the flight to quality

Éß

How about yourself?

G'Day,

Your interpretation of Anglo's diversification is indeed correct. They, Anglo/Minorco, have established an office in Perth in Western Asutralia during the last two months. As you know, Australian stocks are cheap with large exploration/mining upside.

A common practice of most Australian exploration/mining companies has been to establish resources/reserves to 50 metres depth. Early days.

Aye, Haggis

Aye, Haggis

Paraphrasing: an Army SF sergeant said those ( the citizens ) are the people we're sworn to protect. Without hesitation he added that he would turn his weapon on the ones who issued the orders.

However, what would happen when push comes to shove?

My guess is they would have the more duty-minded off on some UN escapade.

Donald__A ( @Poorboys ) ID#26793:

*We need hard times for national therapy. The sooner the better; or we will end up in decline no different than what happened to Rome.*

THIS IS,AS IT WAS ! NOT A PROUD REFLECTION ON THE HISTORY OF THE USofA. 1930's STYLE.

The veterans of World War I were about to show how late it was. Thousands of them, under a Congressional Act of 1932, had $50 or $100 coming to them under a provision for adjusted service pay. The money, however, would not be paid until 1945. But in 1932 $50 or $100 seemed a fortune, meant the difference between eating and not eating if only for a matter of weeks.

For many of the influential did not realize the humiliation of the depression, a humiliation particularly marked in those who had once been hailed as heroes and told that they had made the world safe for democracy. They had saved their country, the veterans said, and what had they got?

Evictions, joblessness, hunger, sickness, sometimes lack of shelter save for Hoovervilles ( named by the jobless in honor of President Hoover ) . The call for the march had scarcely been issued when veterans who wouldn’t have known a Communist from a Mohammedan began their remarkable trek to Washington.

And always they carried their bitter signs, “Heroes in 1917 - Bums in 1932” and “We Fought for Democracy - Where Is It”.

They must be turned back, declared General Pelham Glassford, chief of police of Washington, D.C. By June there were more than 20,000 veterans in Washington, streaming through the corridors of Congress, buttonholing Representatives and Senators, demanding that a bill be passed granting them their money now, not thirteen years from 1932.

President Hoover, who had not acted effectively during almost three years of depression, now acted with dispatch. He called out the United States Army against the former members of the United States Army, their wives, and children. General Douglas MacArther, Chief of Staff who was to command this assault against Americans, was joined by Colonel Dwight D. Eisenhower and Major George O. Patton.

The troops were drawn up in Pennsylvania Avenue when General MacArthur and Colonel Eisenhower arrived at about 4 p.m. Some of the bonus marchers were barricaded at Third Street, where there was a shanty village of veterans, and it was decided to oust them before advancing to the Battle of Anacostia Flats.

As the cavalrymen, swinging their sabres, cleared the barricade, infantrymen, gas masks on their faces, advanced on the pathetic, makeshift group of packing-box huts, the women and children running shrieking before their country’s soldiers who lobbed tear gas bombs after them.

“The mob was a bad-looking one” General MacArthur continued. “It was on marked by signs of revolution. The gentleness and consideration with which they had been treated they had mistaken for weakness”

The World War I veterans fled their government and its army. They had exercised their constitutional right of petitioning Congress, and the army in which they had proudly fought had been turned against them; their own army in battle dress had attacked their wives and children. President Hoover issued a proud and ringing statement “A challenge to the authority of the United States has been met swiftly and firmly,” he said. “After months of patient indulgence, the government met overt lawlessness as it always must be met....The first obligation of my office is to uphold and defend the Constitution and the authority of the law. This I propose always to do “

February 1933, Hoover still in office, runs on banks, bank failures, and bank closings in state after state had brought the financial system of the country to a virtual standstill. Money was disappearing. Wages could not be paid. Purchases could not be made. Food could not be bought. Checks were not honored. Vast crowds, ruined by the bank closings, clamored, wept, and rioted before silent, vacant savings institutions in every large city, their life savings gone they knew not where.

March 04 1933 Franklin Delano Roosevelt was sworn in as the new President of the USofA.

Unfortunately, our fearless leaders had only one thing on their mind - demise of superpower opponent, and opening of potentially huge market. Once more a money and narrowly focused policy created more problems than it solved. As far as I am concerned, I would rather deal with communist Russia that Russia which is out of control. Roadmap to democracy and free markets which works for a small country can not be applied to country like Russia. As a matter of fact, I think that the slow and painful road taken in China is safer to the world order than what’s happening in Russia ( at least you know who is in control