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

To: TobagoJack who wrote (42469)	12/8/2005 6:32:53 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 116555

Remeber this number... 157.02 Gold-XAU

To: TobagoJack who wrote (42469)	12/8/2005 10:12:58 PM
From: shades	Read Replies (3) \| Respond to of 116555

gold is worthless Did I say it was worthless? I feel the reasons you are allocating capital to it died out awhile back. Indians still need it for jewelry in their customs right? It does have some small uses in certain things - like USB drives right? Greenspan says we save some to trade with silly nations that won't take anything else in trade - but he told Ron Paul there aren't many of those idiots left. Why don't we have troops over in africa - lots of gold there eh? UN Generals say there is even a severe humanitarian need there too - so 2 birds - gold and people - but we seem to be stressing over places talking NUKULAR and OIL - why are they so dumb and silly - we need to pull out of IRAQ and everywhere else and run over to africa and stop all the bloodshed and get troops and bases stationed around GOLD mines - and get our NAVY out of OIL transporting areas and into GOLD transporting areas right? Tomorrow - Iraq, Iran, Venezeula says NO MORE OIL BUSH or NO MORE OIL tony Blair - or no more oil Japan or china or India - until you give us some GOLD - do you really BELIEVE that Bush or whoever comes as president after him is going to say OK - IRAQ, IRAN, VENEZUELA, we got no GOLD, we only have green paper, so we will park our SUV's and start walking - and send everyone back to the farm since we have no more petro fertilizer to grow lots of food - are you NUTS? That you are buying a ton of gold as you claim really makes me think you BELIEVE that is very likely. You actually BELIEVE and INVEST that tomorrow or very soon, YF22's and Nuclear Subs and NUKULAR bombs are going to stop moving all over the globe cause a few nations say - NO GOLD - NO OIL - that is INSANE General - TOTALLY INSANE. Like Phil Grandie says - R U NUTZ???!! I think a better allocation of your capital would be towards new technologies, perhaps in energy, that will really HELP people and not to shiny METAL and guns that really fundamentally doesn't do much for people. But if you want to buy GOLD - and propogate the MEME that the world can only trade if GOLD goes over lines on a map - then you have to look in the mirror when those bullets and NUKULAR bombs start flying from the people that have NO GOLD and NEED food, water, and ENERGy to live and thrive. You failed your duty as a world citizen and capitalist that should have invested to make things better for all and not propogate a meme that will ultimately only end in a lot of human suffering. But those in the KNOW general - the SMART money - they know what the tanks, and troops guard, and what shipping lanes the NUKULAR subs and ships protect - and It aint shiny metal my friend. One of the first things we guarded in Iraq during the invasion was the oil stations silly general - not the gold hordes - I bet you didn't understand that did you? How does silly black liquid get soldiers killed but none were allocated to die for shiny metal? So silly eh? The muslim fundies - they didn't sit in front of american troops and blow up gold bars - even those deranged murderers knew to BURN the OIL - but not the General! Oh my god you are so silly! The people in new orleans didn't need gold, they needed good systems and planning to live long happy lives - GOLD cant save you when the water is up to your chin and you are trapped in your house. A gun cant either. Buffet says the dollar will fall, that the nations that produce will have a currency that goes up in value, while the US dollar falls in value, very well, they make things and have RESOURCES people NEED and want, banking systems and databases can handle that conversion - gold has no real part to play in that today. Others here say no, all currencies are overvalued and they all need to fall - very well - modern banking and computer systems and databases can accomodate that global fiat deflation too. We can do a global RESET. Tomorrow if we do - I will still need oil and energy, food and water, and tomorrow I still won't fundamentally need gold - remember the SCRIPT you posted - prices going up most in everything you NEED - why do you keep forgetting that? finance.yahoo.com Gold - the best investment a smart capitalist can make eh? Oh brother! HAHA!