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


To: Rolla Coasta who wrote (32776)4/9/2008 10:16:24 PM
From: TobagoJack  Respond to of 217852
 
definitely a concern
need more gold
must have gold
for goodness sake, gold must be

some folks on this thread seem to believe that somehow the collapse of the current monetary regime and consequent implosion of the empire is a beneficial event to the bears (when many of us are at a mere 10-15% gold allocation - barely an insurance policy), without realizing that the bear cups grew to be dada and mama bears by supping on the teats of the current monetary regime

in any case, a few years of usd being held high is a good thing in my book

but, when it is to be dropped, by all means, drop it lock limit down hard and move on to teotwawki, game episode 2012



To: Rolla Coasta who wrote (32776)4/10/2008 12:49:38 AM
From: Arran Yuan  Read Replies (1) | Respond to of 217852
 
As to a overheard, a project was started a while ago to build a gold storage facility near the "new" airport of HK. Do not know if gold (will-be) stored there will be ever enough, as the current monetary status render there is never too much of gold at hand. Nevertheless, it addresses the concern you referred to.