Phil, I think Rumsfeld & Co are already discredited but if they are not they soon will be. Eyerak is going from bad to worse and the only solution for the US is to get out ASAP.
> I wasn't aware that the US had identified any Iraqi terrorists in the U.S.A.
The ones who flew the planes on 9-11 were Eyerakis, didn't you know?
> You stated a few times that individuals are not buying it.
Yes, that's what the World Gold Council says, and what is bought is 90% for jewelry.
> A few years ago, everybody was buying gold, and proudly wearing heavy chains & bracelets. But that was when gold was worth something. It was rather like diamonds.
I'm suprised that such vulgar ostentation is still possible in your neck of the woods. In most places I know of people do whatever they can to look "ordinary" and unattractive to muggers and thieves. All my wife's jewelry has been in a safety-deposit box at the bank for over 25 years already. She won't wear any and we don't even want it in the house.
> People would rather buy a "real" expensive diamond then a glass one, although nobody could really tell.
The ladies learned that diamonds are a girl's best friend from Marilyn Monroe. I understand, however, that these days that they can make artificial diamonds as big as gemstones. So I wonder what the ladies will think about wearing a piece of carbon?
> maybe, if the price goes up, demand will also go up, as gold will again be seen as "valuable"?
I'm sure, as there are those attracted to art or collecting anything, there will always be people who are attracted to gemstones and precious metals as investments --- even if the price doesn't go up. Security is, unfortunately, becoming a serious problem all over the world and having a safe in one's home makes one a sure target, even if there isn't much inside it! I know --- and I don't even have a safe at home but I have already been held up by six thugs armed with guns and knives who broke into my home looking for my safe. If I didn't have some cash available to satisfy their demands, I sure I would have been killed or seriously beaten up.
With diamonds, there's a special racket which doesn't exist with gold --- one buys retail and sells wholesale --- and at a fraction of the retail price. In fact, the only way one can make money from diamonds is to "lose" them and claim from the insurance. |
