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


To: Rolla Coasta who wrote (28797)1/30/2008 10:39:30 AM
From: oldirtybastard  Read Replies (2) | Respond to of 219935
 
Btw, physical gold is not for individuals ... it is for government.
But you can trade gold out of thin air ...


you're out of your mind



To: Rolla Coasta who wrote (28797)1/30/2008 11:50:07 PM
From: oldirtybastard  Read Replies (2) | Respond to of 219935
 
People will buy pig farms but pig farms have costs to run them that will increase as people use paper to buy things that are not paper, as governments competitively devalue paper, and attempt to paper over debt, possibility of peak oil, and you can't store pigs forever because you need to eat them and feed them. There is also not an interest necessarily that all people on earth be fed.

Meanwhile, we do know how much gold has been pulled out of the ground and how much more will be and how much it will cost roughly, this is not the diamond market. Gold that is out of the ground has no real cost to store, becomes more expensive to retrieve as paper is sold off, and has 6000 yr history as TJ reminds you. And you don't know how many pigs will be cloned for food and at what cost in the future.

You're not wrong about pig farms but I think you're more wrong about gold than you are right about pig farms -g-