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


To: Rolla Coasta who wrote (10744)10/28/2006 9:23:03 PM
From: TobagoJack  Read Replies (2) | Respond to of 217573
 
<<Why don't the China & Japan press the "cancel" button, so the debt be cancelled permanantly ?>>

... that will happen, all in good but inconvenient time, as part of monetary reset process

<<Then everyone will be fine ... Why worried ?>>

... define 'fine', and consider how fine all past affected poupulations ended up, savingless, workless, hopeless, for a while measured in years, except for the gold owners.

Besides, I am not worried; not at all.

<<IF everyone hides physical gold bar under their pillows, gold will soon be running out>>

... yes.

<<So my belief is IF the global monetary systems go bad, anything made of gold will be confiscated by the government>>

... yes, count on THEM trying, happened many times before, and not because gold is valueless. But we have only a tiny government here, termed Freedom Mountain Kowloon and Money Rock Hong Kong, and rated to be the freest by Heritage Foundation, way ahead of Naw Zealand, and out of sight of USA.