SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (38436)8/5/1999 10:13:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
At least with gold, I have something real/physical with which I can protect myself with - not "confidence" or "military or political will/might" - none of which are likely to do me much

But Mark.. that's just the point. Most people who own gold stocks and gold options might as well own Fiat paper. Because in the kind of world crisis where gold might actually have value, we can hardly believe that paper claims upon gold will be honored.

Without a rule of law, only physical barter goods and maybe physical gold will have any value.

We should never forget that gold or any perceived currency are nothing more than a proxy for barter. The natives of Yak Island used those big stone wheels for currency. In ancient times a man's wealth was judged by the size of his herds, and not by how much gold he had.

Just something to think about... no need to respond.

Regards,

Ron



To: Mark Bartlett who wrote (38436)8/6/1999 3:17:00 AM
From: d:oug  Read Replies (1) | Respond to of 116764
 
anyone, click Next if to make a pompous ass of myself will offend you

Mark, I left a lot of clues on this thread pointing to why Ron Reece
remains firmly attached to his views on the gold standard, as to why
many of us gold bugs, GATA supporters and just pro gold as a good
thing for the central governments to store as a reserve, can not budge
or explain what is so simple to see, to Ron Reece.

I was hoping that another threader here would spill the beans about Ron,
but no, didn't happen and I'am worried that if left too long uncorrected,
that Ron may reach a point of no return and forever to hold and preach
the wrong ways of paper money.

In a place not so far away, not so long ago
Ron realized that his intellect possessed a great intellectual ability
that using his intelligence he could intellectualize with the best of them
and thusly be judged as an extra intelligent person

but there was a problem
Ron needed to carry a weight on his shoulders
one that really did not need to carried
was not required to obtain that which was not needed
but Ron felt the presents of that which was not there
so Ron, fighting himself against others
needed the control of thoughts
to present to others
that which is ignored by choice by others
and if forced on, will be ignoried
and gold is a physical object
that which will control thru its physical existence, paper money
a threat to Ron
Ron needing thoughts to be the controlling mechanism
Ron's thoughts, so that he can present his own, to control paper money
gold must not be used, only the thoughts and wims and desires of men
like Ron

doug