Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (71970)	1/3/2010 11:59:32 PM
From: Maurice Winn	2 Recommendations Read Replies (1) of 74559

Indeed: <gold is then still good to go go go > Financial relativity theory is relentless and merciless. From $35 an ounce 35 years ago to $1,100 an ounce now is not the end of history; not when Big Ben has got $1 trillion, or maybe it's $2 trillion, sloshing around the system wondering where to go. Another 35 years should see 35 times the current price. Or sooner if pandemonium breaks loose and I finally turn my new currency loose. The process will not be like Global Warming sea level rise measured in millimetres per year, but tsunami style measured in metres per second. The pixelation processes are not intended to stop any time soon though there is some rebalancing to be done in the short run [couple of years or so]. Being able to produce another $billion or ten is too tempting to the money-tree owners to give up. It would be easier to get a heroin user to stop funding opium growers and the war in Afghanistan. Mqurice

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