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

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To: TobagoJack who wrote (54589)8/10/2006 6:36:51 AM
From: shades  Read Replies (2) of 116555
 
do you suppose the gold-holding zimbabwe person is better off than the fiat money handling zimbabwe person?

I think he is worse off - because if I were a dictator and wanting to keep power from what I have read of history they kill or lockup all the educated people and professors and lawyers and such - reference your grandpa who spent many years in jail with lice covered assassins - and all those folks trying to EXIST outside my banana tokens gets the bullet or the jail cell too so hoarders of gold or guns or books or whatever get the bullet or the jail cell too!

no, the question does not address weapons, as they are only accessory tht can be purchased whenever, with gold

One of my croation acquiantences in college had a gun running father in that serbian conflict - he took US dollars - sometimes fake ones - easiest thing for him to launder/exchange so he could send his boy to a US college.

... as to hk and gold, and everywhere within at least 1k kilometer of hk, gold is better than paper money, and in hk, can be deposited at the bank and borrowed against at 70% of value, internet accessible

Politico controls the bank and the laws - can change the banks and thier laws - can say Mr. Chen - you are now only allowed access to this much or this much and we have siezed your gold by the way - what are you going to do? If you resist you wind up like grandpa eh? Itching all the time from all the lice all over you in the jail!

anyone in the world who thinks paper money is better than gold money most likely had gone through the sort of school system that enabled the Bush sorts to be elected :0)

Anyone who thinks they are bigger than 20 trained snipers with laser pinpoint weapons and tanks and drone airplanes and is going to tell the gubbment what to do and how much tax he will pay and not the other way around has read one too many Zorro Novels - Trotsky tried that shit and they executed his ass didn't they? So much for gold!

socialistalternative.org

On 20 August, 1940, Leon Trotsky was struck a fatal blow with an ice-pick by Ramon Mercader, an agent sent to Mexico by Stalin's secret police (the GPU) to murder the exiled revolutionary.

Like Economic Hit man Perkins has told you - either you comply citizen or the CIA jackals make accidents happen. You wont see it coming and all the gold in the world wont save you trotsky
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