Re: Felllow investors....
in response to
by
posted on
Nov 15, 2012 09:34PM
(Edit this Message from the "Fast Facts" Section)
Calfarmer...that was really impactful...thank you.
I wish nothing more than excellent returns for you and all invested in SFMI. We are living on the edge of very volitile times. We are challenged by our own expections that principles, character, work ethics, some flavor of faith and that mutual respect still exists somehow. We are taunted by immorality, cheating, lack of respect, usury, deception, unearned entitlement, loss of individualism, opaque erosion of freedom, ossified morality, big government, unbridled greed, ubiquitous obesity, lack of self discipline..and on and on. Things are out of control and will get worse until the system in place implodes upon itself. This is merely history repeating itself. If 600,000 died in the first war between the states, think of what that translates to today. In comparison but still stark, consider that Canada lost 65,000 in the First War with a pop of only 8 million.
The generation born in N.A. during the last great war has reaped the benefits of the toil of their fathers, grandfathers and themselves. We have lived in the very best of times that humanity has ever seen. We had paper routes, Classic Comics, blackballs, Superman, Wild Bill Hickock, Saturday afternoon at the movies, Howdy Doody, black and white TV, TV dinners, cap guns, Sunday School, Bar Mitzvas for friends, penny loafers, authoritative fathers... some who were war Vets, solemn remembrance day ceremomies and respect for females. Many had war hero uncles or fathers who never came home. A time of relative innocence indeed. No time for post traumatic disorders or counselling after someone in a school died that they didn't even know.
When we came out of disciplined high schools and 'homey' universities...and jobs were too plentiful as North America blossomed. We were used to a work ethic, expecting little and ended up with a lot...whether we were tradesmen, salesmen or lawyers. We worked to pay our way through university. Beer and cheeseburgers were cheap and almost everyone knew someone who could use their dad's car in high school and Universtiy. 'Guys' who 'got lucky' might have succeeded in feeling a bare female breast as the 'climax' to a Saturday night date, only to head home with a serious case of 'lover's nuts'. We had the most amazing, affordable music and entertainment ever...from Ed Sullivan to 'The honeymooners' to the Platters to Elvis to the Beatles to 'Cats' to the BeeGees to ABBA to 'The Phantom of the Opera' to Cirque de Sole. We had roast beef family dinners on Sunday, a father who worked hard, a mother who stayed at home and was there all the time. We had church on Sunday, Boy Scouts, cheap football and hockey tickets, cheap gas, and a few changes of clothes... that seemed quite normal.
We have lost our way...and there are few remedies.
Everything has depended upon incessant growth. The only way to maintain 'growth' now is by borrowing ever more in the face of diminishing returns, spiking the punch on a borrowed future. It is a fool's game with an inevitable dark ending. There is little left to anchor our morals or our currencies. Cheaters and fraudsters are winners. With no way to anchor our paper promises, we are faced with a global race to the bottom via debasement with every new dollar created out of nothing, loaned to us by the printer and charged cumulative and perpetual interest on until there is no hope of ever paying the debt and the loaner owns everything.
That's where we are. Gold and silver are real and if we are allowed to hold them, we can survive. When gold goes to $10,000 and silver to $400...and if an 'SFMI' can make it to production on resource recovery, we have a chance...over and above holding the bullion.
All of this realization magnifies the significance of whether or not an 'SFMI' can succeed for its shareholders.