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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (74662)11/30/2006 8:42:07 PM
From: shades  Read Replies (2) of 110194
 
Gold up In terms of what? Those worthless pieces of paper you ridicule? I just went to morrisons buffet, used to be 5.99, drink included, now it is 6.99, drink no longer included. Gold being up in worthless green pieces of paper is no big deal Dear General. Am I going to have to school you in CAGR calculations AGAIN? Remember zimbabwe hairdo's went up 2200%, gold didn't protect enough from inflation. You have to be able to earn your keep, DO something where you can pass price increases on to others, hording lumps of metal aint enough - you are in good company though - I hear warren B stored lots of silver - yet if he comes to my orange grove to trade - he will starve too - hehe. If all we had to do in life to be a rich genius was walk over to a coin store and buy lumps of metal - boy what a world it would be! hehe You may be able to trade someone lots of green pieces of paper in the future for your lump of metal - but as worthless as they will be - so what? That zimbabwe barber is hungry, he wants an orange for my haircut - you do the math.
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