Capstone Mining Corp.

Profitable Growth Producing Copper, Gold, Silver and Zinc in Canada and Mexico

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Auguries - October 19, 2012
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Auguries - October 19, 2012
Apples and Oranges
Kevin Michael Grace

Gold was down (at press time) $27.50 (-1.6%) for the week to $1,742.10, and silver was down $1.30 (-4.2%) to $32.78. According to Jordan Roy-Byrne at Minyanville October 18, “We expected a correction after the gold and silver shares ran into predictable resistance that coincided with October seasonal resistance.”

At King World News, Egon von Greyerz, managing partner of Matterhorn Asset Management, declares, “Every time COMEX opens, it’s the same thing—you see selling. So there is clearly short-term manipulation, but it makes no difference whatsoever. If you look at the gold price, in combination with world liquidity, you see that gold is going up hand-in-hand with increased liquidity.”

As he points out, there is no end in sight to quantitative easing, notwithstanding the ever-diminishing returns. Since Bernancus Magnus “became chairman of the Fed in 2006…the debt has gone from $8 trillion to $16 trillion, while GDP has gone from $12 trillion to $16 trillion. So debt has increased by $8 trillion, while GDP has only increased $4 trillion.”

Read more about gold prices here.

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