Dave, thanks for gold article. Phil, I don't know if its apples and oranges, or just not connected, but that childrens story of The King That Wore No Cloths, and all the adults went along with the lie until a little child that didn't yet "develope" into adulthood, spoke what was real and obvious.
The funny money or funny gold Dave spoke of, Dave mentioned that this unhealthy state of affairs has been around for a long time. I'am sure it was started by people that couldn't become successful or powerful thru real talent, and they realized that there are a lot of people that will be passive and let bad things happen and hope they are not effected. And if so, then its "what can I do".
If so, it seems that those crooks and those that benefit from sad stuff like this seem to be in control, and are doing their best to continue with the con/scam game.
How long will it continue. Probably will not depend on lots of articles and people saying out loud like that child say "no cloths".
What if things really go bad. Look at Russia, 1% live very well, 9% live good, 1/2 poor, 1/2 very poor. And changes happen, but not to undo the bad, just new or old people get power, and a continuation. Some loose, some gain, but net sum the same.
Seems like good people in power know the problem and a good fix, but rather than stand up and say no cloths, they work with those that want to continue with the bad money & gold. good + evil = evil Mix good milk with bad milk and get not as bad, but still bad.
So, to me a quick change in POG will not happen.
Maybe in ten years after a big world depression. Or maybe a few countries will go on a real gold standard, and these few will be ok while the rest of world goes to pot.
But, whatever, I hope the POG don't happen next week because with MGR at .06 Canadian, I can buy at US .0389 and I will. Just some for a quick turnover of buy/hold/sell to make enough money in a couple months to .....
Doug |