Gold, Energy & Tech Stocks

FEB 3 - Something big is going on with Ely Gold Royalities! The stock was up 11.4% on 1.6 million shares before it was halted at 9:44 ET. Stay tuned! FEB 3 - Looking forward to Sitka assays from first step out holes at Burro Creek gold property in Arizona. Management reports hitting vein that hosts the existing resource. I'm expecting good assay news and will report in my weekly letter when received. LAST WEEK: * Risk off week drives gold and T-bonds considerably higher. * Great Bear reveals plans to reward current shareholders with shares in a Royalty company starting with a 2% royalty on the company's Dixie Project. * Novo Resources reports on mechanical sorting at Beatons Creek and the potential for that technology to revolutionize sampling, evaluating and mining coarse gold projects. * Irving Resources: There is nothing Ordinary about Omu. * Gatling drills 11.9 g/t gold over 4.0 meters at on its Fernland Target at Larder. * Benchmark drills 102 meters grading 1.44 g/t AuEq at Lawyers extending its mineralized zone to ~1 KM. CONNECT TO THESE STORIES WITH LINKS BELOW!

The chart on your left which shows actual and projected annual U.S. Federal deficits displays a major reason why the price of gold as measured in US dollars is destined to rise dramatically. During the past several years, gold has been an unloved asset category. But as the dollar's purchasing power continues to decline, an ounce of gold remains an ounce of gold. What does the dollar do? Its purchasing power declines dramatically thanks to Keynesian economists who have have encouraged western governments to live beyond their means by deficit spending. In theory, policy makers were supposed to run surpluses during years of growth but that hasn't happened since Joseph advised the Egyptian government of an impending famine in the book of Exodus. And so as projections in this chart show, the U.S. is going to need to monetize debt used to fund America's ever expanding socialist government causing the dollar to lose purchasing power vis-a-vis gold that forever retains its purchasing power. Links to daily stories here tell of the ongoing demise of the dollar. Pay attention!