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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Big Dog who wrote (149970)4/23/2011 11:11:07 AM
From: ChanceIs1 Recommendation  Read Replies (2) | Respond to of 206093
 
>>>does that show that the price of oil really hasn't gone up in terms of the Swiss Franc?<<<

Big,

The trend is clear. Get your cash out of the US monetary coordinate frame and into a place impervious to this money printing BS - or to a country where the people have self respect and wouldn't dare think to cheat somebody by paying a debt with an intentionally devalued piece of paper.

Buy the commodities - especially where they are produced in a country which maintains some monetary self discipline. Buy the PMs.

I read several months ago that Texas was considering seceding from the Union, and going onto its own gold currency. UT of course just bought a gigabuck worth of gold and took physical possession. You gals and guys down there were always straight shooters - except LBJ. You still have that apartment over the garage open for me?



To: Big Dog who wrote (149970)4/23/2011 11:43:42 AM
From: Gottfried  Read Replies (1) | Respond to of 206093
 
in 10 years the value of the Swiss Frank has doubled [see chart link], i.e. one Frank now buys twice as many dollars as then.

But oil price [in $US] has more than doubled, so the Swiss pay more for it, too.

Exchange rate for 10 years
xe.com