72 Virgins In Heaven

QUEEN NOOR PRODUCES COUNTDOWN TO ZERO, A FILM ABOUT NUCLEAR WEAPONS NON-PROFILERATION

Queen Noor, who is also a leader of Global Zero and a spokesperson for non-proliferation around the world, suggested that the film undergo another edit to be less America-centric.

Queen Noor of Jordan (Arabic: الملكة نور‎) (born 23 August 1951) is the last wife and widow of King Hussein of Jordan. She was queen consort of Jordan during her marriage (1978–1999) and has been queen dowager of Jordan since her husband's death in 1999.

Hussein's family claims a line of descent from the Islamic prophet Muhammad. "We are the family of the prophet and we are the oldest tribe in the Arab world", the king once said of his Hashemite ancestry.^[1]

American by birth, of Syrian,^[1] British and Swedish descent, she acquired Jordanian citizenship and renounced her American citizenship at the time of her marriage. She is the current president of the United World Colleges movement and an advocate of the anti-nuclear weapons proliferation campaign, Global Zero.

She arranged screenings at the U.N., in Mumbai, Delhi, Paris and Washington for intelligence community and state dignitaries. It has been 20 years that arms reduction has been a trend, and New Zealand Prime Minister, David Lange was a key figure in the last round of nuclear weapons reduction advocacy in the world.

Queen Noor, remembers undergoing duck-and-cover drills while attending elementary school in Santa Monica. “Countdown to Zero references that global movement to eradicate all nuclear arms, and Global Zero’s scientists, engineers and scholars have compiled an action plan designed to accomplish that via a phased, verifiable process over 20 years.”

“Countdown to Zero” references that global movement to eradicate all nuclear arms, and Global Zero’s scientists, engineers and scholars have compiled an action plan designed to accomplish that via a phased, verifiable process over 20 years.

Queen Noor goes on to say “I look at this from the perspective of trying to promote understanding between the Middle East, the Arab and Muslim world, and the West over the past 35 years. I’ve given a million speeches! But, it’s the visual images, it’s the storytelling, it’s the ability to draw people into the reality of a situation that affects all of us regardless of our nationality, our religion, our ethnicity, our political orientation. There is no more effective way. This [film] is the most powerful tool in the arsenal.”

Look What The McGuinty Liberals Have Done To Ontario

Dalton McGuinty.

Here is what our premier has done for Ontario in the past seven years!!!!!!

He began with a no tax increase election campaign.

He increased all the licensing fees from your car to your boat including fishing and hunting.

He introduced the health care premium (not called a tax) some couples pay as much as $1,500.00 a year.

He doubled the price of most lottery tickets. (Not called a tax).

He has put a ECO tax on many containers such as paint cans and window washer fluid most people still don't realize that they are paying it. He kept that one real quiet

He has put a disposal tax on all electronics.

He has put the disposal tax back on tires

Now don't forget that all except the health care premium are subject to the GST and PST (taxes on taxes.)

And now he has pasted the HST the largest tax on the province ever, the only other tax in Ontario that ever came close to this in the past was the health care premium.

He passed this bill even though 76% of the people in Ontario were against it.

This HST will provide the Province with an additional THREE BILLION dollars a year.

And now we will have our S.M.A.R.T. meters that we will have to pay rent on and do our laundry in the middle of the night and we are going to pay big time for air conditioning from now on because when we need it the most that will be prime time. As if it costs any more to produce hydro at two in the afternoon or ten at night another tax grab.

Let us not forget the E health scandal with one point two billion dollars wasted and paid out to friends and relatives.

Mr. McGuinty's answer to this was "well if the people of Ontario don't like it they can show it in the next election. Nice. This was after he fired the CEO and gave her a severance package of three hundred thousand dollars not bad for only having the job for seven months.

Then the windmill power plant he awards the contract to KOREA seven BILLION DOLLARS. One would think that there was some place in Canada or North America that could have built these.

He closed the emergency rooms in Port Colborne and Fort Erie because there is not enough money and there has been two deaths since because by the time they got to St.Catharines it was to late.

He awards a hospital in Toronto involving three million dollars in the riding where there just happens to be a by- election to replace George Smitherman

He has taken the richest most prosperous province in Canada to one of the poorest and has created a deficit of TWENTY SEVEN BILLION DOLLARS and he still has a year and a half to go.

And don't forget his nice little salary increase of $40,000.00 a year, millions of people in the province don't earn half that.

All the MPP'S got 14% increase

Now that they all got nice increases he comes out with a new budget and freezes all provincial employees wages for two years.

He has increased the hydro by 10% in April of 2010.

He has increased the tax on liquor and wine by 10% in May of 2010

But mister no tax McGuinty will retire with his nice comfortable pension and all his paid benefits.

I hope this gets passed around the province of Ontario and everybody remembers the way Mister McGuinty treats his voters. Not one liberal MPP had enough guts to vote against any of the above

Gold Time To Buy YRI,NGD,

Eric Sprott founded Sprott Asset Management in 2001 and has over $5-billion (U.S.) in assets under management. He has been an outspoken gold bull since 2000 and warned that the bursting of the Nasdaq bubble was the start of a long-term deflationary trend that is playing out.

You've loved gold for a long time but, when the crisis hit in 2008, gold and junior miners got killed like everyone else. How do you explain that?

I treat what happened to gold stocks in 2008 as anomalous. Now, two years later, gold's at a record price and gold stocks have come back from an absolute pasting.

I'm not convinced the market is always right. The market can be very wrong for a certain time period. I remember in 2006 when homebuilder stocks rallied 60 per cent because people thought housing was turning.

We love gold and silver stocks. I'm still bullish on my prior stock picks of junior miners. Why? Because there could be times in the life of investing when people only buy one thing. That's what happened in the mid-1930s. They only bought gold stocks. So much so, there were 80,000 gold mines in the States then because they could get financing.

I just get the feeling that that could easily happen again. When you look at a system that's in trouble, you think: what's the one thing I could do to get through it? You're thinking survival, because it's not going to be fun. By owning gold, you can survive it because it will have its purchasing power vs. anything out there. If we're still eating food and trading things, you will be able to use gold to buy those things.

So you see us staying in a deflationary environment?

I do, certainly for paper assets. I think you might end up getting necessary inflation in food, energy, precious metals, where there could end up being real shortages.

Is that why you like energy?

Yes. Unfortunately, one of the things that could happen if the whole financial system has a problem is that your whole ability to produce things goes down. If you can't borrow money in the energy business and you can't drill, your production is going down this year... immediately.

The same thing happens in agriculture. When they had the credit crisis, the farmers couldn't buy fertilizer -- just as little as a year ago. The shortages could develop quickly because of financial problems. So prices will initially drop due to a lack of demand, but then supply plummets.

Oil, natural gas, uranium, and coal should all do well. The one problem with energy is that you've got to be able to survive the first six months of when the economy turns down, because demand is going to fall off a cliff.

Do you also like agriculture and fertilizer too?

Absolutely. Same reasoning.

Let's talk about the Canadian banks. We're constantly reading that the IMF, Andrew Ross Sorkin and other luminaries are lauding the Canadian banks: "These guys got it right when everyone else got it wrong in the world." You're Canadian. Should the rest of the world copy Canada's banks?

No. Listen, the Canadian banks aren't any better or worse than anyone else. I have a problem with the basic banking model in the world which says you should use leverage at 20:1 levels. That's ridiculous. I just can't believe that still exists. Excuse me: you have 5 cents in assets supporting a buck of loans? When Greek bonds are falling 50 per cent in a month? Heck, the stock market can fall 4 per cent in a day.

It's not a safe model. If they ever had to liquidate, there'd be nothing left of the equity.

Every week on "Bank Failure Friday," you have all these U.S. banks being taken over by the FDIC. The deposits are X. What's the cost to the FDIC? It's always 0.25 of X. The guy's already lost his capital, so now he's lost it 6 times over. That's not a sustainable business model.

The Canadian banks will have problems like all banks in the world have had problems. It's inevitable. They're not different zebras from the rest. In fact, there was massive support for the Canadian banks in 2008, but no one paid attention because the dollars being spent in the U.S. seemed so much bigger -- even though the U.S. is 10 times the size of Canada. We also didn't have a high-profile failure here like the U.S. had, so that's helped people think the Canadian banks are better when they're not.

Is there a housing bubble in Canada now?

Yes. The government created a housing bubble here recently. It's funny, because we had been quite reasonable when it came to housing until we lowered rates so low and started getting all the Canadian agencies controlled by the government to start buying up the mortgages. I've said to myself: "Oh my God, I've seen this before. It's so reminiscent to what I saw in the U.S." I'm sure the Canadian government looked at the storms on the horizon and decided to stimulate the economy through housing by following what the U.S. did four years earlier. And it worked. But look at the cost. Canada went from having a surplus of $10-billion to a deficit of $54-billion. What GDP growth did we get? I think our GDP is $1.3-trillion. We got $50-billion of GDP growth but we also got $50-billion of liabilities.

Not to sound alarming, but this is a good time to invest in gold.

Stock picks that offer leverage, not just exposure

Not to sound alarming, but this is a good time to invest in gold.

Then again, it’s hard not to sound alarming as looming inflation and currency devaluation have investors wondering how to protect the value of their portfolios. As it has in the past, gold is emerging as a go-to currency. At the same time, the supply of gold cannot keep up with demand and there is a commonly held view that in the next 12 months, gold could crack the $2,000 mark.

There are a number of ways to own gold – bullion, gold-backed exchange traded funds, and equities. If you can find well-managed companies operating in stable countries with a clear path to growth, stocks provide the most leverage. But before we zero in on a number of equities, it’s useful to understand why it’s a good time to go for the gold.

Let’s start at the top. Frank Giustra, the Vancouver-based entrepreneur who founded Wheaton River, which evolved into Goldcorp Inc. (G-T45.20-0.24-0.53%), the world’s number two gold producer by market value, recently revealed why investors should own gold.

“Think of gold as the chicken soup for all the world’s ills,” he told Forbes magazine.

Mr. Giustra still produces gold through a number of companies, including New Gold Inc. (NGD-T6.61-0.04-0.60%)and Etruscan Resources Inc. (EET-T0.370.024.23%) , which is drilling on the new gold-mining frontier -- the West African nation of Burkina Faso. He outlined the factors influencing gold’s strength: supply and demand, stock market performance, interest rates and geopolitics. But he zeroed in on two: the high level of bank reserves that will drive inflation, and high levels of sovereign debt caused by record budget deficits. Historically, he said, both outcomes have been a boon for gold prices.

FOR OPTIMISTS, TOO
Mr. Giustra’s outlook is based on a relentlessly pessimistic outlook. But you don’t have to be a pessimist to like gold. Carmel Daniele is the London-based founder of CD Capital and launched the CD Private Equity Natural Resources Fund in 2006 to take advantage of the “commodity super-cycle”, her term. She’s a former group executive at Newmont Mining (NEM-N56.110.410.74%), and was involved in the $24-billion (U.S.) merger between Franco-Nevada, Newmont and Normandy to create the world’s largest gold company.

In a recent interview with The Gold Report, she explained her belief that this super-cycle is driven by the urbanization and industrialization of 3 billion people in Asia, is 10 years in and has at least 20 years to run. Look at what China and India are doing, she suggested: “Securing limited resources around the world in order to continue to build out their empires”. She dismissed the current gloom as an annual thing. “Basically most people sell in May and go away.”

During this spring of uncertainty, however, she likes gold as much as Mr. Giustra, and believes that gold could get “really, really high”. “It could easily break through $2,000” if China , for example, starts to buy.

Ms. Daniele called gold a “psychological metal”, driven by more than supply and demand dynamics. “Basically when economies aren’t doing very well, and people aren’t feeling very optimistic, they tend to flock to gold.”

While people can always buy gold bullion, the storage problem always presents itself, prompting images of stuffing gold coins into mattresses. Other, more portable means of acquiring gold, are gold-backed ETFs and equities.

PICKS
Ms. Daniele likes equities because of the multiplier effect. “You see, if the gold price goes up, the leverage you get is just so much higher than just holding the gold bar itself,” she said.

Ms. Daniele recommended several companies operating in Colombia: “one of the richest places in the world for gold at the moment”, starting with Vancouver-based Greystar Resources Ltd. (GSL-T4.85-0.05-1.02%) currently trading at $4.87. Greystar is sitting on 15 million ounces of gold in its Angostura project, and will produce 500,000 ounces at $391 an ounce annually once it gets started. The project has been delayed pending the company’s appeal of a retroactive application of new environmental standards, but on May 28, received word from the Colombian government that its appeal has been successful.

In the same Colombian patch are two other Vancouver-based operations Galway Resources Ltd. (GWY-X0.89----%) and Ventana Gold Corp. (VEN-T9.220.030.33%). It is Ms. Daniele’s belief that the three companies will have to consolidate to benefit from a single processing operation and economies of scale.

Another theme that bolsters gold’s value is the growing realization that gold is getting harder to find. Sean Broderick is a natural resources analyst for Weiss Research Inc, and a columnist for Dow Jones MarketWatch and Uncommon Wisdom Daily. He predicts the price of gold will hit $1450 by the end of the year, and has been saying that we’ve already hit peak gold.

“The ore bodies being discovered now are smaller and lower-grade than in the past,” he said in a recent interview. “The amount of gold we can produce in any one year is probably hitting a peak, so the price is just going to go higher.”

As Ms. Daniele is big on Colombia, Mr. Broderick likes Mexico, and has recommended a number of Mexican silver mines, which he thinks are undervalued. But now that the world is more focused on rare metals, he thinks the Mexico miners will become better known.

Mr. Broderick has been to the Timmins Gold Corp. (TMM-X1.320.021.54%) San Francisco mine in Sonora, which began commercial production in April. The mine is expected to yield 80,000 ounces a year at $412 an ounce. Like so many of these companies, Mr. Broderick thinks it will either merge or acquire other companies. As Ms. Daniele says, there’s a lot of consolidation in the sector, because companies begin to shrink as soon as they start production—every ounce of gold they produce, they have to replace, either though discovery or acquisition.

The new gold rush takes place in the boardroom as well as in the field. One company that has been successful in that realm is Franco-Nevada Corp. (FNV-T33.050.040.12%)the gold-focussed royalty company. Credit Suisse analyst Anita Soni recently recommended Franco-Nevada with an “outperform” rating, commenting that Franco-Nevada provides a leveraged alternative to gold-backed exchange traded funds, yet has less risk than mine operators.

“Gold ETFS lack leverage,” she said in a letter to clients. “Franco-Nevada provides one-to-one leverage to gold and additionally provides exposure to exploration upside, which the ETF does not.”