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


To: oldirtybastard who wrote (28837)1/31/2008 12:25:25 AM
From: TobagoJack  Read Replies (1) | Respond to of 219938
 
... and mcroller was certainly wrong about the fed not cutting rate by further 50 pts

now he is selling his gold

i also bought some today, just to soak up the extra supply



To: oldirtybastard who wrote (28837)1/31/2008 12:45:21 AM
From: Rolla Coasta  Read Replies (1) | Respond to of 219938
 
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.

Eat them, feed them, and sell them like money ... like printing press. You can get rich quick even in down time.
It is a cycle of business that people can run and based on for a living. Pig farms are actually cheap to maintain in countryside compared with gold which sits still fluctuating in value in expensive safebox. In modern era, countries rarely trade gold for food, because they cannot expand their economy trading with gold. Without credit expansion, warlords would loot each others' food and gold in constant war.

Btw, Eating is a big business. Why would people not have an interest to be fed ??