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


To: TobagoJack who wrote (57046)10/29/2009 6:14:14 AM
From: Box-By-The-Riviera™1 Recommendation  Read Replies (1) | Respond to of 218916
 
god man, let him die. <g>

gold has been up an avg 8%/annum since 1970.. and in total has grown 30 times since then.

name a single asset class that has performed better.

answer: none

all during the biggest bull markets in history.



To: TobagoJack who wrote (57046)10/29/2009 1:33:18 PM
From: Maurice Winn2 Recommendations  Read Replies (1) | Respond to of 218916
 
Gold since 1970 = x 30 Has any asset class beaten that?
Oil since 1970 = $2 to $80 = x 40
was $2 to $150 in 2008 = x 70

I haven't checked the price of iron.
Or limestone.

Section to build a house 1970 = $6000
Now $300,000 = x 50

Financial relativity theory in action.

House 1970 $20,000
2009 $600,000 = x 30

Gold seems similar to dirt and wood, possibly iron and limestone too but I'd have to check the price of those.

Recommendation: Hold gold, ogle oil, dig dirt, whittle wood, invest in iron, liquefy limestone, single out silicon, go for gallium, fiddle with fibre, cash into Qualcomm, zoom for Zenbu, change to Qi.

Mqurice



To: TobagoJack who wrote (57046)10/29/2009 4:02:49 PM
From: Maurice Winn3 Recommendations  Read Replies (1) | Respond to of 218916
 
Gold as precursor of war. 2013. finance.yahoo.com

Civil wars? Religious wars? Oil wars? Genocidal wars? Geopolitical wars? Gold wars?

With 6 billion people roaming around, there is certainly a quorum. Wars have been fought for thousands of years when the population was a tiny fraction of that, so we aren't short of people.

The two Yahoo! guys laugh confidently at such an idea albeit slightly nervously.

It does seem odd that China has such swarms of goose-steppers, the USA has spent a fortune on full spectrum dominance, Japan has a tidy collection of ships and other equipment, Russia is armed to the teeth as usual, Germany just quietly could rustle up some enthusiasts in short order, France has a force de frappe, India, Pakistan, Iran, North Korea, Israel, China, Britain, Russia, USA have atomic bombs galore and history would not be complete without an enthusiastic using of the stocks at some time or other, somewhere or other, if not most places.

I'm thinking of NZ invading and conquering Hong Kong and taking the gold and then Hawaii as a pleasant hideout which could be annexed along with Cook Islands [already owned really] to create a Greater Aotearoa Co-Prosperity and Happiness Sphere. We should do it before the big conflicts start.

The gold could fund the invasion and conquest. Hmmm, get Goldman Sachs to create a futures market, hire the Vietnamese with some of those credits, head north a bit to Hong Kong and the job would be done. The Vietnamese could then convert their options to gold from the profits, Goldman taking a cut.

TJ would you please ensure your gold is available in the bank vaults.

Roll on 2013.

Mqurice