<<top dollar>>
some number between 6,000 (5x away) to 16,000 (13x away)
unless i underestimated - strength of the force, - potential of the energy, - tune of music, - step of dance, - lay of the land, - enthusiasm of billions of people, - universality of the concept, - direness of the savings imperative - lack of options by minders of the declining empire - lack of choice of the constituents of the rising sovereign - obviousness of redemption - correctness of the script
Message 25054811 (10-10-2008) when gold was at 900, or 33% ago <<assuming gdp money velocity of 4, gold can be money at usd 14,900 per oz>>
Message 21941081 (12-03-2005) when gold was at 500 or 140% ago <<Gold IS
o Periodic Table element @ $ 250 o Dirt @ $ 300 o Cheap jewelry @ $ 400 o Curiosity @ $ 500 o Bargain @ $ 600 o Exposure @ $ 700 o Inexpensive @ $ 800 o Allocation @ $ 900 o Cocktail conversation @ $ 1,000 o Expensive jewelry @ $ 1,250 o Asset Class @ $ 1,500 o Dinner conversation @ $ 1,750 o Drinking fountain conversation @ $ 1,950 o Necessity @ $ 2,000 o Precious metal @ $ 2,500 o Life saver @ $ 2,750 o Speculation @ $ 3,000 o Money @ $ 4,000 o Financial reset #1 @ $ 6,000 o Sell @ $ 7,000 o Topped out @ $ 8,000 o Long term investment @ $ 9,000 o Ruination @ $ 10,000 o Financial reset #2 @ $ 10,000 >> |