Levon Resources Ltd (New) V.LVN

RE: JOB NUMBERS

[bunjejump]

Treb. Suggest you check out John Williams www.shadowstatistics.com on the so called official unemployment numbers. The government numbers are way understated and somewhat skewed for political reasons. The Curve also makes a good point about interest rates. If you remember the 1970's inflation period, Volker raised interest rates and tightened the money supply in order to fight inflation. The Fed seems to be on a course to continue QE3, which is going to be inflationary and will further exacerbate the size of government debt while penalizing the pension funds whose actuarial projections are not not being met in a low interest rate environment. Needless to say seniors are also struggling since they can't earn enough cash flow from their investments, which means they will be working longer and contributing to the employment problem for younger people who now have a student loan problem that is currently larger than credit card debt.

The real source of inflation is probably going to come from the currency wars and the devaluation of curency in order to pay off government debt with cheaper currency. It's the potential downfall of the fiat monetary system that is causing central banks and countries and knowledgeable investors to diversify into gold and silver related vehicles to offset a potential inflation. Note that a gold coin at $35 an OZ in 1935 would buy a man a really nice and expensive suit. The same coin at $1,500 to $1,600 per OZ would still buy a man a really nice expensive suit today. Oc course ne would have been better of holding the coin as a store of value since 1935 than the suit, which could be out of style today, attacked by moths or no longer fit to wear due to the mans current body size.