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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%Dec 19 4:00 PM EST
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To: elmatador who wrote (11049)11/4/2006 2:18:01 PM
From: Rolla Coasta   of 218631
 
China/Japan central banks won't give up USD, since US is still a technological advanced nation. US productivity is among the best in the world. That's the creditworth US has been, when compared to other rogue states. Work hard when you have debt, cuz there's nothing worse than 2001 as there's no over-investment in particular sector. IF gold becomes more and more expensive, more people will dig for gold until they realize the price is crashing. That's not productivity in any industrialization. It is a maniac for the substances not technically useful. We need housing for population grow which support our productivity. Gold never does that ! The game of debt financing must go on to generate productivity. And we don't want any interruption at this moment. Only non-productive financial sales person would trade gold for good.
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