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

To: UncleBigs who wrote (66738)	7/23/2006 7:13:48 PM
From: Mike Johnston	Read Replies (3) \| Respond to of 110194

There is roughly $740 billion in u.s. currency in existence, -Why do you count only physical currency ? The dollars in my checking account are not money ? CD's are not money ? China's reserves are bigger than $740 billion -The dollar is not money, because it fails to satisfy one of the requirements of money: the store of value -The dollar is backed by a government that is technically bankrupt and will default (through inflation) -Only gold can be obtained through hard work, because it cannot be printed from thin air. -Goldman Sachs obtains millions per day with no work -Gold has one property that is more useful than just about anything else on earth, it is a protector of wealth from government confiscation. -

To: UncleBigs who wrote (66738)	7/23/2006 7:59:27 PM
From: shades	Respond to of 110194

Lazy mans money universal form of exchange in the world. My russian friend had a girl from russia come stay with him - she had a gold bracelet - she could have taken the time to go to a pawn store - sell the gold bracelet with the pawn man giving her far less than kitco's price - then taken the cash to the store and bought her a dress. SHe could have just asked boyfriend for some cash and walked over to the mall and bought the dress too - too much work - she chose the lazy way. Instead this russian princess borrowed her boyfriends credit card - got on the internet and the home shopping channel - and educated everyone how fast you could send boyfriend into bankruptcy. People are lazy - the laziest form of money will follow the herd - meg whitman is on bloomberg TV talking about paypal this weekend and you have posted yourself UB how people are too lazy to call up or walk over to a bank and get those savings accounts into higher paying money markets/cd's. Why is mastercard selling the golden goose and doing an IPO? bloomberg.savvislive.com

To: UncleBigs who wrote (66738)	7/23/2006 8:23:47 PM
From: shades	Respond to of 110194

One Laptop Per Child laptop.media.mit.edu laptop.org Here is a video of the 100 dollar laptop in use. siliconvalleysleuth.com Bigs check out that windup 100 dollar laptop - you turn the crank and it gets you on the internet to shop ebay or any online store - now we are about to turn hundreds of millions and more starving children into shopping machine princess - how will they make those purchases - gold? paper? Fedex and credit card? You tell me. Will they care more about the latest fashion when they cant get a hamburger - will they get mad seeing you slurp down your applbees while they cant get a cockroach for food. I know the tribal people in africa and south america don't have expensive clothes perhaps because they have never seen them to be infected with the "keeping up with the joneses" memes - but when we bring the internet to every last man, woman and child what do you think is going to happen to online virtual sales? hehe DId you ever see that movie - THE GODS MUST BE CRAZY - some aboriginal man has a bottle of coke thrown from the heavens - it ruined his society and made his tribe crazy with envy and greed - we are about to bring Satan's fruit of knowledge into various gardens of eden all over the globe - hehe. There won't be anymore primatives who don't know what a coke bottle is eh? Or watch that old move "Walkabout" - same difference. No primatives killing themselves because princess won't give them some sex. (well at least not because they don't understand why she is being such a selfish person - why didn't he just take what he wanted? hehe) Alby Mangels used to go to these primative places and wow the local girls - those days are over for the new alby mangles of the world - hehe.

To: UncleBigs who wrote (66738)	7/24/2006 8:35:38 AM
From: jim black	Read Replies (1) \| Respond to of 110194

Okay I step aside from the argument pro or con gold and make a suggestion...we have a problem in the USA and everywhere on Earth...it is called central banking and it under control of our political leadership...here is the suggestion...read The Creature from Jekyll Island and see where it leads you...it is a lot more than about the Federal Reserve, that is BTW not Federal and has no reserves...the first class mystery story/whodunnit might open a man's eyes to how fragile a financial world we live in, and oh yeah, gold is only money because we think it is, but exactly the same can be said for dollars, and yen, and euros, bank accounts etc...bottom line: How much trust do you have in your politicians? Me? I have zero...except for maybe Ron Paul, and his run for president in 1988 came to naught Jim Black of Austin Texas

To: UncleBigs who wrote (66738)	7/24/2006 9:27:22 AM
From: re3	Read Replies (1) \| Respond to of 110194

<<<One is marketed by a sleazeball, greasy haired salesman on infomercials and the other is only obtainable through hard work. ? a couple yrs back i needed a chequing account, and wanted to tie it into the brokerage account i had...so the bank employee (salesman? - although he did have a nice haircut in case you might wonder) asked me if i wanted a line of credit. i didn't ask for this, i specifically and only went in there to get a chequing account. i said no...maybe i should have taken him up on it...coulda taken all that available money (the only hard work that you refer to would be filling in a couple of forms) and bought gold coins with it... surely the coin dealer or infomercial company isin't going to hand out gold as easily as a bank would hand out credit...