2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 362.32

-1.8%

Nov 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (50362)	5/24/2009 6:29:53 AM
From: elmatador	Read Replies (1) of 217542

As Gold becomes pricier in all currencies, will all paper money will be exchanged into gold? No. And here is why. As the Brazilians discovered that selling gold is more profitable and a surer bet than cultivating Bananas in Vale do Ribeira. This is Vale do Ribeira, the bananaland with the climate to growth bananas. They abandon the place and go mine gold in Serra Pelada. Serra Pelada gold mine in its heydays. The banana fields are deserted and there is now more people who wants banana than bananas in the market. Thus price of banana skyrocket. I would ask why the bananas prices are so high, the bananicultor (or banana farmer) and he says. I need to pay double to keep my people here to deter them to go to Serra Pelada. This is Elmat in Vale do Ribeira when banana are priced by the market. The newcomers are not skilled enough to undestand about storing and transporting the bananas and my losses are now higher. As price of bananas keep climbing, it becomes economic to bring bananas from Brazil's Northeast to the market in the south, thus money start spreading into other areas where they would sell only locally. As the easy pickings of Serra Pelada is taken, and the prices hte miners have to pay to live there, any item there costs ten times than in the south, the legs and hands start returning to bananaland Vale do Ribeira, since salaries got better. Production climbs again and more bananas coming from Northeast prices come down. The market has a time component in it. During periods of time a given good has high value, at other times the same good is worth less when everyhting is considered. Bananas, as well as gold variates overtime. Thus value must take into consideartion the time dimension.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next