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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: TobagoJack who wrote (54552)8/10/2006 1:42:16 AM
From: shades  Read Replies (3) of 116555
 
There you go again dodging all the really hard important questions Dear General. If the world becomes so chaotic I need to give a cashier at mcdonalds a shiny metal gold coin to eat a cow then I don't think things will be so peaceful that I will be able to do that safely.

I don't see how you can seriously believe gold will go to many thousands of dollars an ounce - we will have global financial collapse - hundreds of thousands of dilbert finance types go BOOM in a short time - mogambo GURU will be fighting off 20 snipers with his shotgun but Jay chen will be A OK in trinidad with hoards of shiny metal and no chaos around him - and if there is he can buy it off with some shiny metal.

You missed the whole point of my reference to sam sloan - he used to play chess with bobby fischer and travel internationally - he went to many terrible places and lived for many years marrying middle eastern women and having many babies - one stolen by jerry falwell - Shamema honzagool sloan - he had many friends in many middle eastern places - many with much more money and gold than him. Yet he still breathes and most of them are dead. Why General? Why is this raving lunatic broke madman still alive and his much more cultured and educated and wealthier and gold holding friends pushing up daisies? He is not in a place where people are so chaotic is the major difference I see - but you seem to want me to believe that if I hold GOLD - it doesn't matter how irrational the world becomes - I will have something of VALUE - something that will soothe the savages around me - I will pull it out and those Mexicans in the Treasure of Sierra Madre will see my gold like humphrey bogart showed them and allow me to give them a few ounces and walk away with my life eh?

You keep contradicting yourself - you keep saying prices will go up in everything you NEED - I own lots of energy and XOM - have for a long while - your prediction was right - but then you contradict yourself and say buy GLD. I don't NEED GLD. Its value is not determined by individuals NEEDING it - its value is the same that made tulips valuable, or sea shells valuable in certain societies. The mohawk guy in MAD MAX was not killing people for shiny metal - they wanted that black gold Dear General. If things become so bad in clearwater fl that I must use gold coins to buy off police/military bullies to escape to trinidad were there is peace and sanity and low violence - then its all over and you better be a damn good marksmen - hehe.

I need stem cell tech, I need water, I need nice boots that keep the feet dry and atheletes foot away - didn't the sierra madre mexicans kill bogart for his boots - I don't need a dust collector. I just watched THREE KINGS with Ice T and Marky Mark - they had gold - but Saddams troops was not shooting them up for shiny metal - Saddams troops were shooting them up because George Clooney wanted for women's rights. Damn curious gold being so valuable why so many other PERSONAL issues trumped it. If the military tank comes to seize my orange groves - can I call you for a few shiny pieces of metal so he will stop? I dont think gold will make the tank stop once things get that chaotic - you don't really believe it will either do you?
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