Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (12399)	1/2/2002 5:57:49 AM
From: elmatador	Respond to of 74559

“The geographical size, population, and natural resources of the British Isles would suggest that it ought to possess 3 or 4% of the world’s wealth and power, all other things being equal; but it is precisely because all other things are never equal that a peculiar set of circumstances permitted the British Isles to expand to possess, say 25% of the world’s wealth and power in its prime; and since those favorable circumstances have disappeared, all that it has being doing is returning down to its more ‘natural’ size. In the same way, it may be argued that the geographical extent, population, and natural resources of the U.S. suggest that it ought to possess perhaps 16 or 19% of the world’s wealth and power, but because of historical and technical circumstances favourable to it, that share rose to 40% or more by 1945; and what we are witnessing at the moment is the early decades of the ebbing away from that extraordinarily high figure to a more ‘natural’ share.” Kennedy Paul, (1988), The Rise and Fall of the Great Powers, Fontana Press, London.

To: Ilaine who wrote (12399)	1/6/2003 3:30:38 AM
From: marcos	Read Replies (1) \| Respond to of 74559

'Gold is money' .... yes, eh ... only four syllables, but with so much meaning packed in ... in another post tonight you opine that the 'price' of bullion as expressed in USD has yet to set the world on fire and, as in this post, you consider it a poor 'investment' .... well that may be, but under the far more exciting class of 'speculations', nothing really has beat the quality gold share this last year, and nothing is poised as a class to beat quality gold shares this year ... see, the modern uptown azteca does not just buy lumps of gold and bury them, beyond that necessary to fulfill ceremonial duties of the ancient rites ... no, s/he speculates in yet another fine paper innovation of our species - the sharepaper of companies that produce, or find, or might perhaps one day produce and/or find, our elusive yellow metal .... it's a leverage thing, dynamic, active, alive