SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (67972)11/10/2010 10:15:29 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217808
 
Did you note my revised US$ gold price [maybe in BBR]? Without careful calculation, it would have to be about $15,000 now for a gold standard to be adopted. Several years ago when we first discussed it, I said it would need to be $10,000, but there has been major US$ dilution since then, now coming in tranches of $600 billion at a time. They might yet work up to wallop quantities.

That should get you drooling.

Meanwhile, even without such a transition, it's possible that the $2,000 per ounce in the case of major financial disruption I mentioned at the same time as the $10,000 is not looking too distant. We should upgrade that in accordance with financial relativity theory to about $3,000.

I shall provide precise predictions at the end of the year [or beginning of 2011].

Meanwhile, Qualcomm's profits continue to rev up as everyone surges into Cyberspace. China is going strong on CDMA2000 as they realize the advantages to them.

Mqurice