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


To: Rolla Coasta who wrote (10407)10/23/2006 12:03:22 AM
From: TobagoJack  Read Replies (1) | Respond to of 217927
 
<<It is really hard to imagine to trade gold for oil. If this monetary system fails, what will the new paper money be based on without gold ? I believe gold cannot eaily be traded, unless there's fiat money for the public to spend on>>

... at the moment, like my night time, i can unload GLD and buy USO, and in the future, it would be another symbol, say on South African exchange, and again, say on Dubai exchange.

Leave it to Goldman Sachs, GE, etc, after they have relocated corporate HQ to Shenzhen and main listings to Hong Kong.