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


To: Joe S Pack who wrote (56776)10/22/2009 10:02:20 PM
From: TobagoJack2 Recommendations  Read Replies (1) | Respond to of 219831
 
this sounds about right Message 26040086 , and so we must count on gold inexorably and inevitably going higher, year after year, rewarding the faithful, and then, bingo, jackpot, zero-state monetary reset, version 1, at which point gold gets priced at some number and accompanied by some reset convolution and systemic reform that bankrupts just about all, creditor and debtor alike

the day after bank holiday ends would see, in current dollar terms, people working for pittance, say 60k per annum, and one ounce of gold at same 60k/ounce

other assets (farms, companies, whatever) would wobble and bounce over the course of 12-18 months

if gold reset was priced correctly, then we can dispense with zero-state monetary reset, mark 2, else, just like curing a disease, another try, and harder try

then, equilibrium

then, once more, fiat money inflation for another 100 years