10 years! You must be getting quite hungry TJ: <maurice to come to dinner, as dinner, promised so long ago, like ten years ago, on these si threads > Recommendation - drop the atavistic zero sum game thinking, ditch the Aztec mantras and bare bum tribal dancing and imprecations to a bygone era. You are already enmeshed in the CDMA realm with OFDM suffusing your body and mind too. Go quietly with the flow in awe of the vast new realm opening before your eyes, literally, as you view your geewhizwhoaohwowheeesupersonicmegatroniccyberspacoid in gigabit per second pixelation.
China has, after a delay of 10 years, started being absorbed into the new CDMA/OFDM Cyberspace realm, kicking and screaming, gaoling, twisting and diving but relentlessly, inevitably, mercilessly, but gently and seductively. Go with the flow. Peace, light, harmony, happiness, health, prosperity, longevity, fun and love await.
If you keep your gold to a lowish proportion of assets, you won't lose too much when it's replaced.
Just on that, you no doubt recall, along with your dining prospects from a decade ago, my prognostications about gold being $2000 with general insurrection on US$, and $10,000 for US$ replacement. To really get you salivating and drooling, remember that those numbers were in dollars of the day [about 2003 or thereabouts - you could ask your Gold or Google to help find the date ... giggle... gold is of course useless].
If US$ and Big Ben do as promised with helicopters and bales of bucks, the sky's the limit, as Zimbabwe showed with their umptybillion denomination notes. In 2011 US$, gold could go to $30,000 without getting out of breath if the USA doesn't fix things up and US$ really does go down the gurgler [that's a very rough estimate as I haven't actually done the arithmetic on how many bales Big Ben has launched from his fleet of helicopters, but it's measured in the $trillions]
Judging by the political agonizing over cutting $50 billion or maybe just $4 billion from the US$trillions political budgets, and the debt ceiling not being a ceiling at all, the USA is unlikely to adopt VVV any time soon. There is likely some penance to be done, some suffering, some purgatory, some plain old bankruptcy, wailing, gnashing of teeth, pitchforks and right to bear arms. Such things do happen.
Gold at $30,000? How does that seem to you?
Regarding your view from your war game HQ, I must say I prefer mine right now, to a beautiful clear blue sky, with nice white clouds [no soot or other particulates in the air], greenery in profusion, lots of room. But I am envious of your gigabits.
While you wait to dine with me, I suggest you take the children for a Happy Meal. You might wait a long time. You could educate Erita on how many US$ it takes to earn interest sufficient to buy a Happy Meal and what that means. It wouldn't hurt to also discuss the nutrition provided by Happy Meals.
Mqurice |