Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (9559)	9/20/2006 6:11:36 PM
From: 8bits	Read Replies (1) \| Respond to of 218660

"I think people should be in long line buying food, when gold goes to $1000." For gold to reach $1000 by definition would mean that you could sell or buy gold at $1000. If you couldn't sell gold for $1000 it would drop in price until demand became available, simple economics for traded goods. Adjusted for inflation gold traded above $2800 in 1980 (and remained well above the inflation adjusted $1000 mark for years afterward..) I don't recall any long food lines then.