Gold --
(A Poem in Reply to the Reputed Tyranny of the Duck)
I don't give a ----
'Bout any such duck.
I've cosmically planned,
You must understand
To En-golden my truck
So my ----, "they" can ----.
As time shall then pass,
They can kiss my red ----
With bucks I've not luck,
Don't give one flying -----
If they say I lack metre
Said can lick the old -----
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John Donne wrote that upon receiving an inheritance. His poetry improved markedly after being made Laureate. I left out some of the Latin phrases as the editor has no support diacritical fonts.
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We know gold is going to 1000.00 The economy has not room left to move with interest as low as it is. Smoke and mirrors has held the Dow up so far. But Charles' index is only good as long as USA is making money. That has to tell after a while. People will only buy Vanilla Coke for so long.
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This is 50 years in the future and Bob Johnson, Doug AK and Zardoz are in Hell being interviewed for a position vacated by the Marquis de Sade. The talk has come around to basic economics and the fall of the US from world economic dominance, a move apparently that the Devil had planned in a side bet with his brother Yaweh who ran a pink cloud concession east of Hell. (Everybody got bored stiff of Pink Cloud Land,with twangy harps and all, so they headed on down to Mephisto's Bar and Grill where the music was much livelier.)
Devil: So tell me fellows, this metal of my bro's, gold... it was not liked by your leaders?
Zardoz: Nah, ancient stuff, bad stuff, cave-man metal, the devil's tool. Whoops's! No offense!
Devil: he he, non taken, really boy, there are no compliments or put-downs here! You are as low as you can go!
Devil: And they liked paper more? How did they put its price exactly?
DougAK: Well that is just it, nobody ever knew how much of it there was, so you just could not say what it was worth. As long as there was lots around everyone felt good, so things seemed rosy.
Devil: And so they did, and they tried to outlaw gold for a time didn't they?
Bob Johnson: In defense of the dollar, sir! Geeze it's hot in this bar, say do you have air conditioning? Well, anyway, It was fairly priced I say, there was lots of it around. They were mining it as fast as they could!
Devil: But Bob, may I call you Bob?, Did they not trade it with paper perhaps 30 times more than they mined it?
Johnson: er, yah, so?
Devil: Well correct me if I am wrong, but if there was only so much metal and all that paper, was it not just a bauble that they trifled with in their paper trade? For instance, when it was worth 850 dollars, how many dollars were printed? And what was the Dow?
Zardoz:. I can see what you are getting at.. the Dow was perhaps
1600 and the dollar, maybe one quarter, maybe one third I don't know!
Devil:. So the Dow went up, say, 6 to 7 times, and the dollars perhaps there were printed, 8 time more, nobody knows? And gold, it went to 1/3 its price with only double the production? Didn't anyone see the mirth in that?
Johnson: But gold was no longer useful! The bankers made no money on it! It was in the way ...
Devil: Yet all their dollars chased it every day. I deal with people who say they had no interest in evil every day here too, but that is all they ever did in life! (sigh) so much business... so few pitchforks.
Devil: I can see you boys will be here for a long long time, Enjoy yourselves.
Crowd Clamouring : Hey! don't we get to see the light or something? hey! Where is our just reward?..
Devil: Hey! No pushing back there, down in the back DaK, you will get yours, don't worry! The light? It's a dull red glow, and the reward? More than you bargained for, let me tell you.
EC<:-} |
