btw, looking at the old post on that nice 30th september 2008 day,
... did you find the warning useful? more importantly, did you use the warning?
Message 25011682
especially the part about, <<In some sense we are fortunate, for we are blessed with economic lesson of once in 3-4 generations, and let us learn at internet accelerated pace how wrong the charlatans truly are.
I trust that soon enough cash will not be king, but life itself, should events go the dire way.
I still like gold, especially for its features that it cannot be counterfeited, is difficult to trade in the physical form, cannot be speculated at the push of a button, so hard to leverage against, shiny, eternal, not at the mercy of counterparties, pure and good.
I remember how handy gold was during the Asian Financial Crisis, a casual-dress rehearsal for what we are about to globally experience. I believe we are being blessed with a valuable education of several generations.>> |
