out from send tray
On Tuesday, October 4, 2011, J wrote:
Hi G and all concerned re the actions n interactions of the essential minerals ag, au, pt, pd, carbon energy (and its derivative, electricity), and the forces for good family-values thrifty diligence, as well as the actions of evil wastrelism debt-ly print,
We can fairly easily make convincing enough cases where any combination of the essential minerals rise and / or fall against any other permutations of essentials.
The crux is why, by weight of reason for action,
the measure is amplitude of rise / fall before demand is destroyed vs rejuvenated,
one question is how long the elapsed time to move and for move given whatever index of momentum / impetus.
The why could be:
> - salvation from burning paper
> - industry n enterprise
> - size of market relative to imperative
Gold, less plentiful than carbon energy, requiring much carbon energy to 'add', is useless for all except salvation, and effectively has no upper limit to price given the eons of credit money bubble across our entire planet. If one believes all paper monies could reset to zero, then the whatever high price of is irrelevant to the decision to purchase whatever gold immediately deliverable.
I can see gold on cme eventually require 100+% margin to account for delivery risk.
Platinum is a difficult case, because while it is truly rare and very useful, enough of its use require cars to be necessary and must also account for hoarding.
Given the size of the pt market, it can halve, as when some loaded up q4 2008 / q1 2009, and it can go 10x should a few positive impetus converge on the 20x20x20 feet lump.
Exciting times.
What should one do if:
> - au / pt go to 800
> - au / pt go to 8,000 / 800
> - au / pt go to 8k / 8k |
