Tom : Re Another. Here's my attempt at summarizing ---
Will the Euro become as the donkey of days past? Not if it's a horse too fat too run. Also, if it's eaten, in a fruit-salad rather than a tamale, it will produce a bad taste in the mouth. The choice is yours. So, it's better to swallow it with a vintage wine. That will disguise the flavor. Others, it seems, find the taste of gold dull preferring the hot spice of derivatives. All depends on the backing. So, it is easier for a Euro trader to enter the gates of money heaven than for a goldbug to pass through the backside of a camel. The reason being --- the dollar beast --- the 666. The Devil incarnate. The cause of all evil. Why? The lead pack animal does not have a gold backside. I think the mistake, for many, does come from their "eyes of youth". Few can, or will understand what makes a currency, a currency. Gold has not changed, nor has it lost it's place in the world as money. It is still the test of currencies, yesterday, today and tomorrow! Amen.
Thought for Today --- Trotter's Law
"Belief is held more seriously than fact. If the belief is somehow important to personal welfare or sanity it must not be subjected to analysis or criticism, even if it is unrealistic. "
W. Trotter --- Instincts of the Herd in Peace and War. London 1916.
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