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

To: carranza2 who wrote (78675)	8/28/2011 6:09:01 PM
From: TobagoJack	2 Recommendations Respond to of 217817

in hindsight now by the likes of mq and cb ilaine and by foresight at the time by you we see that in fact gold was not just cheap, but very extremely cheap and in truth, given that gold essentially tripled and dirt did not move a cent gold was less than dirt cheap

To: carranza2 who wrote (78675)	8/28/2011 8:43:55 PM
From: Ilaine	Read Replies (2) \| Respond to of 217817

Actually my dirt is worth more than twice what I paid for it. Moreover, it's very good dirt. I like it a lot. Humongous oak trees, butterfly garden, flowering perennials. One of these days I will count how many trees we have. At least fifty. Mature hardwoods, mostly oaks, with an undergrowth of mostly holly. And, while I do very much like drinking excellent beer and looking out my window, if the world is crumbling (which I doubt), nothing much I can do about it except live my own life the best way I can. Buying gold, or platinum, won't make the world a better place. Speaking of beer, let me recommend my current favorite, Gubna Imperial IPA, Oskar Blues Brewery. As Benjamin Franklin said, "beer is proof that God loves us and wants us to be happy." oskarblues.com

To: carranza2 who wrote (78675)	8/28/2011 11:51:25 PM
From: average joe	Respond to of 217817

"and watch the world crumble around her." As the world crumbles around you all the gold in the world won't buy you another day. Gaddafi will try to sell Libyan gold: ex-central banker Libyan leader Muammar Gaddafi listens during the opening session of the 12th African Union Summit in Ethiopia's capital Addis Ababa in this February 2, 2009 file photograph. Credit: Reuters MILAN \| Thu Aug 25, 2011 4:12am EDT MILAN (Reuters) - Muammar Gaddafi will try to sell part of Libya's gold reserves to pay for his protection and sow chaos among tribes in the north African country, said his former central bank governor Farhat Bengdara. Bengdara, who has allied himself with the Libyan rebels, told the Italian daily, Corriere della Sera, that an ally of Gaddafi had offered 25 tonnes of gold to his friend "a little time ago." "My friend referred it to me and I suggested that he refuse and my friend immediately rejected the approach. But it is a clear indication," Bengdara said in the interview published on Thursday. He said his friend was not Libyan but gave no further details. There are gold reserves worth $10 billion in Tripoli and Gaddafi could have taken some of that amount, he said. Bengdara said he believed that Gaddafi had fled Tripoli and could be heading toward the Algerian border. "Now he is looking to pay and corrupt some tribes and some militia to have protection and to create further chaos," he said. The former central bank governor, who is a director of Italian bank UniCredit, said Libya needed $5-$7 billion as a bridging loan to get the banking system restarted and to pay for imports. "We don't need donors. Libya is a rich country. The state activities from the Libyan Investment Authority, the central bank and gold reserves are worth $168 billion. But it is all frozen," Bengdara said. It will take months and a U.N. Security Council resolution before these sums are freed up, he said. (Writing by Nigel Tutt; editing by Elizabeth Piper)