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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 (68119)8/11/2006 7:32:52 PM
From: Pogeu Mahone  Respond to of 110194
 
Cesar Milan
great book



To: shades who wrote (68119)8/11/2006 7:56:50 PM
From: TimbaBear  Read Replies (1) | Respond to of 110194
 
shades,

I was reading this story and automatically your position regarding gold came to mind. Here is a paragraph and the link:

I learned about the life-saving properties of gold a few months later in a different context. When the Red Army placed Budapest under a siege those who had gold ate; those who didn't went hungry. My family did not have much gold, but there was a heavy gold chain that used to hold the gold pocket watch of my grandfather in better days. The watch itself had been bartered away in hard times for food before I was born during the hyperinflation following World War I. During the next hyperinflation, following World War II, dentists refused to take paper money for professional services rendered. My mother paid for dental work needed by my sister in gold. I still remember the dentist's delicate hands: he clipped off an agreed length of the chain. And his face: he had the smile of Shylock as he was preparing to take his pound of flesh......
safehaven.com

Timba