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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (42403)	12/8/2005 10:29:54 AM
From: TobagoJack	Read Replies (2) \| Respond to of 116555

cash hoarders are getting robbed stock buyers will drop dead bond clippers will die standing house buyers will be homeless farm owners will get taxed until they wish they were dead the person skipping and dancing down the street? he owns gold

To: shades who wrote (42403)	12/12/2005 8:55:12 PM
From: 8bits	Read Replies (1) \| Respond to of 116555

Simply put Gold is money. A store of value. Money is used to facilitate trade in lieu of barter. I cannot store more than a few dollars of oil in my safe deposit box. I can not store more than one months wages in the form of oil in my house. Certainly food, oil, weapons, water, bunkers lined with lead, women who look like Angelina Jolie are considered more desirable at times than Gold and/or Money but Gold is money pure and simple and has been for many centuries. It is compact easily transportable store of value. People from South Vietnam understood that in 1975. Chinese in 1948 understood it, so did Russians in 1918, as did Germans in the early 20s, as does much (if not all) of Latin American. North Americans very well could understand that in the coming decades.