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


To: mishedlo who wrote (62561)6/2/2006 4:30:58 PM
From: UncleBigs  Read Replies (3) | Respond to of 110194
 
why didn't the Japanese hoard gold during their deflation?



To: mishedlo who wrote (62561)6/2/2006 4:35:09 PM
From: sciAticA errAticA  Read Replies (2) | Respond to of 110194
 
... in my view

... Au is money... and history.

... Ag is money... and history.

... Au will be hoarded, by those who can.

... Ag will be hoarded, especially, by those who cannot afford Au.

... Ag, thanks to a preponderance of those who cannot afford Au, will ramp precipitously at first, at which time savvy souls will switch entirely to Au -- for the final ride...

... a challenging prospect to ponder, though the answer may reveal itself in time, is what to move to when it's time to sell Au...

... whatever it may be, I fear it will not reside in the US... though I hope I'm wrong.