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


To: Rolla Coasta who wrote (10724)10/28/2006 1:15:03 PM
From: RJA_  Read Replies (3) | Respond to of 217561
 
Consider studying a little history, particularly german inflation of 1918 - 22, french inflation of early 1800's, US of pre rev war, zimbawy of today, lots of other examples... never done on purpose... just by one incremental expedient step after another until to late... always a stupid war paid for by printing, borrowing most helpful... whole thing is sure sign of govmt rot... what is intrinsic value of green tickets?

Who will protect you (except yourself) should history repeat again?

RJA

ps, pls pardon typos, on PDA.



To: Rolla Coasta who wrote (10724)10/28/2006 7:27:26 PM
From: TobagoJack  Respond to of 217561
 
<< owning a Fararri, BMW special edition models >>

Yes, along the correct line of thoughts on hedging. However ...

... storage fee is prohibitive, not portable, cannot be hidden, and illiquid when the need to sell is the greatest; basically, it is not money, and it rusts, by and by, and its usage right is at the mercy of officialdom.

I collect ancient coins, and given the great number/variety available, I limit myself to the Ag variety.

<<Even owning a share of gold mining stock might do OK>>

... some will do, although they fundamentally are depleting assets, and subject to management mistreatment, back-dated options, government confiscation, environmental terror, and fraud.

Physical gold in airconditioned vaults sprinkled here and there, or just buried in the ground, is 100% pure 'mine', with effectively zero extraction cost, and has all the necessary and desired characteristics of money but for the weight.

<<US & Chinese workers - the most important global work force. How could anyone dare to stop them from working ?>>

... Happens all the time. Argentine factories stopped when the money flow disappeared. Zimbabwe has 80% unemployment, and enough employed are soldiers.

<<localized unimportant economy monetary reset happens ... You think the grand daddy of FED will do this on our major global work force ? Hard to imagine ! The world would then be in chaos.>>

... we are already in never-never land as far as global connectedness, universal debt, unified fiat money system, and planet-wide diffusion of derivation risk is concerned.

It is but a simple step to imagine the natural consequence of having taken the first step into never-never land.

Chaos does not concern me, because when properly equipped, chaos is a gift, crisis a partner, volatility friend, lonely path right way, as long as one remembers to survive so as to fight another day.

<<Hard to imagine ! >>

... not at all, for we are travelling the journey everyday, marking off the milestones. You just need to know what to look for ... read map of way to TeoTwawKi achamchen.com

<<The second Messiah is coming ???>>

... read above linked script ... it had played out enough times, locally, and we are for the first time able to fractally scale up the familiar happening to global coverage ... all very exciting, really.

Dismissing the possibility is not wise, but is certainly a popular choice.