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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (52600)2/4/2006 1:40:02 AM
From: TobagoJack  Read Replies (2) | Respond to of 110194
 
soon enough the world will be divided into two groups, those with and those without gold

between purgatory and nirvana, i hope you choose wisely, and in time

:0)

btw, purgatory is not good. nirvana is brimming over with mirth



To: shades who wrote (52600)2/4/2006 12:17:10 PM
From: Claude Cormier  Read Replies (1) | Respond to of 110194
 
- But I still see no fundamental use for gold by everyday person other than jewelry

Still it is clear that many (including central banks that do not pretend that their currency will rule the world) use gold as a store of value and to a lesser extent money.

The everyday person may or may not catch up. Time will tell. But the infrastructure to allow this is in place.

I prefer to be on the side of those "who have gold".