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


To: Maurice Winn who wrote (23047)9/25/2007 5:23:54 PM
From: RJA_  Respond to of 220534
 
I am told that gold is relatively inelastic... takes a long time to create a working mine, once you have found same, and that all annual production is a relatively small portion of the above ground stash.

As for oil, I do think we are in peak oil. Price may not result in more oil, only rationing scarcity to those who can pay.



To: Maurice Winn who wrote (23047)9/25/2007 7:54:58 PM
From: TobagoJack  Read Replies (2) | Respond to of 220534
 
gold is scarce, and its rise will be scary
making me better off relative to cb ilaine, who admitted to not thinking or knowing about exchange rates and so terms of exchange,
so that i too can buy nice things made by over paid people in museums
lolololol
you do know about gold, do you not?
the fact that you know it will rise, inexorably, and refuse to buy in, stubbornly, marks you as defective
unless you think something else will rise as high and as sure as gold
which i take it to be qcom
which you have been proven wrong for as long as it mattered to this thread