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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (74662)11/30/2006 8:42:07 PM
From: shades  Read Replies (2) | Respond to of 110194
 
Gold up In terms of what? Those worthless pieces of paper you ridicule? I just went to morrisons buffet, used to be 5.99, drink included, now it is 6.99, drink no longer included. Gold being up in worthless green pieces of paper is no big deal Dear General. Am I going to have to school you in CAGR calculations AGAIN? Remember zimbabwe hairdo's went up 2200%, gold didn't protect enough from inflation. You have to be able to earn your keep, DO something where you can pass price increases on to others, hording lumps of metal aint enough - you are in good company though - I hear warren B stored lots of silver - yet if he comes to my orange grove to trade - he will starve too - hehe. If all we had to do in life to be a rich genius was walk over to a coin store and buy lumps of metal - boy what a world it would be! hehe You may be able to trade someone lots of green pieces of paper in the future for your lump of metal - but as worthless as they will be - so what? That zimbabwe barber is hungry, he wants an orange for my haircut - you do the math.



To: TobagoJack who wrote (74662)11/30/2006 8:52:05 PM
From: shades  Respond to of 110194
 
Learn from history, fisherman used EELS to get thier trabant, not gold or green paper, but a real consumable product.

Message 23055143

The Trabant certainly was a special car. Some copies are still around, often with Volkswagen Polo engines. The exhaust fumes of the original model with a two-stroke engine were unbearable. The usual delivery time of a Trabant was about 15 years. Prospective buyers had to be "creative" if they wanted to speed it up. On the island of Rügen, for instance, fishermen were able to use eel as an effective currency.