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 : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (2539)	7/4/2002 3:46:37 PM
From: marcos	Read Replies (2) \| Respond to of 8273

Lol, eres lleno de ca'garrutas ... aunque no las del loro, todavía ... vamos arreglarlo, hacerte un 'bug - I don't doubt for one minute the 'new paradigm (of higher productivity through an ever increasing use of technology)', not at all .... it is clearly true that we are a clever species, look at our technological innovation throughout the centuries, there is a definite pattern, we become more and more capable of overcoming limitations of environment, we feed and transport ourselves easier, house ourselves better, enjoy far superior communications, while spending a decreased proportion of time in so doing .... no question that there is indeed a New Paradigm, actually it could likely be charted back to an origin in the inventions of language, the wheel, and fire ... in this i am in complete accord with Mqurice Winn of qcom ... where we part company is in determination of what this cleverness means to gold - Almost all the goldbugs i know are on the internet ... some extremely tech-savvy ones among their number, too ... no contradiction here at all .... tech and human development are not forces opposed to gold, rather the opposite may be true - all sorts of cutting-edge tech is used in mining and trading gold, which metal in performing its basic function as the only real money will continue to serve mankind by providing a solid storehouse of value in time of need for such refuge Historically, all fiat currencies have gone to zero value ... only exceptions being the ones surviving at the moment, and they're all fairly new, how long will they last, well who knows ... certainly a proponent of them would be hard put to point out an example of one whose value had not had regular slices taken out of it over recent decades ... the thing is, we cannot completely trust any among us to stand behind the promises on which such fiat currencies depend ... that old mexicano view that 'man is unfit to govern, and incapable of being governed', there is a lot of truth in that ... certainly we are a clever species, just not always wise, that's all Unlike fiat, gold is worth precisely what it was worth when Nebuchadnezar was accumulating it - one fine ounce of gold retains to this very day the value of one (1.0) fine ounce of gold Of course, until your conversion is complete and you recite each morning your Hail Pierres - #reply-17694936 - you may perhaps regard that valuation as tautology ... however, you cannot deny its absolute veracity, can you -g-