<everything is a fraud>
Regarding the comment that the
currency should be the one people
want to use. Around the world
people of all nationalities like to
use the greenback. Someday maybe it
will be the Euro, gold seems unlikely.
I don't particularly like physical
greenbacks, dirty, ugly, hard to get
--damn machines ask for$1.50
"transaction fee".
I would prefer currency units linked
to a basket of assets, assets which
I physically own. I would like to
be paid in units which represent
assets which the US government
physically owns.
Uh oh, bad idea--on balance the
government is bankrupt. Rats!
Hey goldbugs, anbody like MINE,
Golden Eagle--a first, sloppy
approximation revealed that the
number of shares outstanding is
approximately equal to the number
of ounces of gold they could
theoretically leach out of Bolivian
dirt. At around six cents a share,
this seems a good speculative bet.
I promised someone on SI I would do
the proper research on this one, and
do apologize for hyping before I even
read the rest of the SEC filings. |
