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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (1747)5/23/2003 11:33:05 AM
From: zonder  Read Replies (1) | Respond to of 4905
 
(1) Real value, as opposed to "strong dollar" whose new definition, according to Snow, is apparently "money difficult to counterfeit"

-g-



To: dvdw© who wrote (1747)5/23/2003 11:45:54 AM
From: Bid Buster  Read Replies (1) | Respond to of 4905
 
1. the dollar
2. the dollar
3. the dollar

Its all about the dollar, what value does something have that costs near nothing to produce and has no backing to prevent unlimited expansion yet at some point must be paid back in even more diluted, devalued dollars?

throughout history ALL fiat has lost 100% of its value..I'll give credit to the USD that it has held up as long as it has, i'm not sure but i think its a record.



To: dvdw© who wrote (1747)5/24/2003 2:08:48 PM
From: NOW  Respond to of 4905
 
it looks nice in my safe.
is has survived as a medium of exchange longer than anything other than barter.
skepticism about it abounds.



To: dvdw© who wrote (1747)5/24/2003 7:18:48 PM
From: NOW  Respond to of 4905
 
oh, #4:
"Bullion doesn't pay interest or dividends, nor does it grow or expand by itself. That's the price you pay for tranquility." - Pierre Lassonde