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

To: shades who wrote (49438)	4/9/2006 11:47:23 PM
From: TH	Read Replies (2) \| Respond to of 116555

Shades, The daily show rocks. All this talk about snipers and force to take private property, and we have forgotten the real weapon "they" fear. And that is the internet. I recall how completely clueless I was just ten years ago. Now I have the internet and I'm only regular clueless. The exchange of information will trump the snipers and their guns. And there is always the advantage of being on the side fighting for something, vs. doing a job (sniper, cop, whatever). So, I think the gold is safe for now, and if not, we will see them coming in time to dig a deeper hole. Ruby Ridge, right or wrong, was not well received by the public. As for militias, I think they are only as good as the cause that triggers their formation. I want my militia to be formed by the guy two doors down from me and across the street (common average guys), and the pastor, preacher, minister, whatever of the local church. When and if the time comes to form a militia, the cause will not require explanation. A bunch of gun-nuts that want to take turns patrolling a border does not meet my litmus test. Digital money and gold should never exist in the same sentence. Gold is the anti-digital money. Bre-X? So I shouldn't invest in energy because of Enron? I'm surprised you have not accepted one basic reason gold is valuable. Women like it, and judging from some of your posts, this is an area of interest to you. Gold has value because it has 5000 years of acceptance. Drop me in any country on earth, and in a few hours I can convert gold to a currency that can be used for exchange. When, where, how much are all determined by the person with the gold. The guy with the paper has to look around a bit longer to reverse the transaction. Gold trumps all paper, and it always will (digital too). I'm not too interested in the honest money angle of gold. I'm interested in protecting X hours of labor. And, I never owned a single ounce of gold before 2003, so I'm not a perpetual bug. Gold is a reset button. Right now your currency is playing musical chairs. I have elected to stop playing for a while, as I don't like the current tune. We will see how it plays out, but I would not be surprised if gold was again a top performer in 2006, and 2007, and maybe well beyond. GT TH