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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: TobagoJack who wrote (10429)10/23/2006 1:58:59 AM
From: Rolla Coasta  Read Replies (1) of 217722
 
Well, I still believe gold, platinum, or any other valuable coin collectibles can be confiscated at any time by government. Even if you have a personal army working by your side, you cannot fight your government. Land can still be confiscated by authorities. Getting back to the main subject, I still believe if US dollar devalues enough against RMB, jobs will come back to the US side. I don't believe there'll be any financial collapse of any sort. The US still has Alaska and other places where oil & gas hidden down under. We may not know the truth of the exact figure of the true reserve US has. And there's enough food surplus too in US. The story is much different for China. Eventually, I think China needs to buy a lot of stuff from US. Of course, you may never know when the tide will change.
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