2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.47

-0.2%

Dec 5 4:00 PM EST

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To: Maurice Winn who wrote (140931)	4/23/2018 11:07:21 PM
From: Joseph Silent	Read Replies (1) of 218249

Mq, I guess I am puzzled about why you call this hyperinflation, but then I don't have a knowledge of the history of these things. I recall when I was young I had a GF whose father was a stockbroker. He once sat me down to explain how one should invest in a way that doubled one's money every n years. I understood in three minutes but I was nice enough to allow him to spend the better part of an hour explaining it. In your 12 to 1200 example, all one would need are a bit less than 7 serial doublings. If it got about 10% a year, that should yield a double in about 7 years. But that would be less than 1% a month. Now, I suppose if this happened to a paper currency, we would call it hyperinflation. If this happened to a 401K we'd call it a terrific investment plan. Gold is neither, though I may be tempted to call it an investment. But given it's utility, or lack thereof, I don't know how to classify it. It may be that it comes into its value and utility as a result of the failures of other things. And if so, it may happen in a big way.

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