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

To: Golconda who wrote (50373)	5/24/2009 7:22:01 AM
From: elmatador	Respond to of 217572

You are right. Gold can't go into owners coffin but suits a purpose. It comes a time it has to become something else. Say you save in gold. Then tell your daughter: I reserved this value to you and she tries to do something with it. Say you saved USD100K. Made it very well while others lost their savings. Hand it over to your daughter and value takes a different direction. Since many youngsters want to pile up degrees, she chooses a fashionable or glamourous profession, the providers of the school for such profession have noted that and jacked up the cost of achieving that credential. All that value you acquired by being clever is extorted from your daughter. That because her sense of value is a different one. I tend to think value is relative. Not absolute. And the perception of value keeps changing over time. We all want to keep value as a certainty. That'as why richer folks tend to be conservative. They want to conserve. They don't want to try and risk error. Only poorer people tend to be revolutionary. They have less to lose.