SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (3081)1/3/2006 8:24:52 AM
From: TobagoJack  Read Replies (1) | Respond to of 217918
 
<<There needs to be something like $20,000 per person, which could be achieved by gold going up in value to that price, but that would set off an absurd gold-finding economy ...>>

yes, and what would be so abnormal about the process?

chugs, j



To: Maurice Winn who wrote (3081)1/3/2006 12:11:10 PM
From: elmatador  Read Replies (2) | Respond to of 217918
 
when a currency is debased, and people start looking for some other means of value storage, not all of them will seek gold.

Bricks and mortar and lad is part of the assets that people would buy as storage of value. It should be bricks and mortar and land that have liquidity. It all depends where you are since bricks and mortar plus land depend on location.

Like TJ is, himself and his friends doing. They seek bricks and ortar plus land in Thailand that retains value and has liquidity. HK is not a place where you have too much land and bricks and mortar. Hence they have to seek beyond HK.

Wait until those Chinese start going out on holidays like the Japanese srated con gusto in the 70s onwards. SEA will be in pole position to receive a tsunami of Chinese seeking beaches.

So it is not needed much beyond the whole 3 billion ounces humans have unearthed over recorded history.