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: elmatador who wrote (81592)10/18/2011 12:22:46 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 218430
 
Iron ore beats gold as an investment <" Just imagine that only 10 years ago, one ton of iron ore cost only 13 dollars and now it has jumped to 178 dollars." > IT isn't as portable, that's true. Imagine TJ with a little suitcase of iron ore, pretending it doesn't weigh anything while heaving it into the back of a taxi.

Oil has gone from $10 to $100 so that's a similar increase.

But look at the success of mobile Cyberspace DeVices. Down to $35 for the Akash. Everyone will want to buy those and not many people will line up for iron ore, oil or even gold when they can get swanky Cyberspace on the hoof.

TJ should hold out an HTC Desire DeVice and the equivalent value in gold to his now-learning youngsters and see which they prefer. TJ will learn that gold is not where the action is.

People would rather lose their left arm than go without their DeVice - and that's left handers. With Siri, they don't need arms. Just talk to Siri. "Hey Siri, do you want to come on a weekend jaunt to Bali with me or should I take a gold coin?" "Take me ElM, but leave that horrid HTC Desire at home. It's just me and you."

People want DeVice. They need VVV but will choose Siri. Hopefully Siri will keep them on the straight and narrow. They don't need gold and iron ore is so two centuries ago - good for the railway era. Cars are run by Google autonav now.

Mqurice