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

To: Haim R. Branisteanu who wrote (46722)	2/22/2009 2:06:36 AM
From: Haim R. Branisteanu	Respond to of 218646

Worth evaluating quotes.ino.com

To: Haim R. Branisteanu who wrote (46722)	2/22/2009 2:35:42 AM
From: elmatador	Respond to of 218646

Gold only made sense as a measure of value in an economy worth USD100K. That because the means of production was in the hands of the monarchs. Ordinary people did not have private property. Anything could be taken away from him by the monarchs. Goats cows chickens, daughters, wood, food store din the barn. That guy needed a tiny mass of material to store wealth that could not be taken away from him. Gold was that material. At the individual level: Once you have legal rights (uhm I almost wrote the rule of the law!) a property deed, that let you can store value on that property plus the brick and mortar that you put on top of it. That for the majority of the people is the biggest investment they make throughout thier whole life. That store of value, is passed to the next generation. (If they do not engage in wars that get bombed to ashes). At the macroeconomic level: Several other class of real assets can be used to store value and pass it to the next generations. It is called the stock of capital. Ports, canals, steel mills, roads, bridges, airports, universities, farmland, power plants. Once that is passed to a generation to another, the next generation has to work less and gets more than the pst generation. Add the fact hat there are less people in the next generations, there is less people to grab what has been constructed and left intact for them to use and enjoy. Here the trouble starts: People -the new generations- do not know how much it cots to build that they are now enjoying. They start thinking not of building more or saving more. They start thinking about saving the whales, the spotted eagle, the rain forest, the weather and all sort of stuff junk sceience throw at them. Meanehile, the shirtless are working as hard as their grandparents and getting their money and running away with it. As a result, those rich but clueless becomes the noveaux poor. Simple, isn't it.

To: Haim R. Branisteanu who wrote (46722)	2/22/2009 2:47:04 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218646

gold, in physical form, w/i grabbing distance, leaves nothing to be desired at this time, except the upside that is probable with platinum because paper, at zirp, and in ever more quantity, is no good, about to go poof recommendation: hoard gold, and hedge with platinum

To: Haim R. Branisteanu who wrote (46722)	2/22/2009 4:08:14 AM
From: elmatador	Respond to of 218646

All that what happened early 80's is nothing compared with the 'Great Unwinding' (GU). That re-engineering of the corporation, downsizing and twinkling with the old system was kindergarten stuff compared with what the GU has in store for the world!!! Crisis cleans economy of deadwood. Companies who had no balls to make decisions are forced to make them. CEO's who had no cujones are shown the door and others to replace them with the mandate to force decisions who move companies to the next level. Compare what happened with Tech. Lucent was swept under he carpet and bought by a French company. CSCO, where is it?? Where is John Chambers? The GU will do with several bastions of the world economy what it did with the champions of yesterday.