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


To: Ilaine who wrote (85873)1/14/2012 3:37:07 PM
From: Maurice Winn4 Recommendations  Respond to of 218382
 
Value for money. It's hard to put a price on that: youtube.com Natalie Merchant "Beloved Wife".

It's a huge taxation opportunity which governments have omitted. In NZ, prostitution is legal, and taxed. But women and men do not pay tax on their marital transactions.

Nearby here there's a cafe which my wife calls "Lonely Man Cafe" in which oldish blokes lurk, no longer looking for the meaning of life, or achieving it. Waiting for the day. Wondering what to do next.

Yesterday, there were some Portuguese people marrying on the beach at Mount Maunganui while the cruise ship Dawn Princess prepared to sail.

I was on "Occupy Coronation Park" duty, which is just me having fun with a sign on a tea trolley while I used Zenbu internet from across the road and the cordless phone. I gave a girl aged about 11 a Zenbu access voucher. Ships charge an extorquerationate amount for Cyberspace access. Her family hung around while she smiled and laughed and chatted with her friends in Cyberspace. She was much more interested in being connected than in seeing the sights of Mount Maunganui. They walked along the line of Tauranga Society of Artist hawkers lining the footpath while she sat near me and chatted on-line. One woman was a bossy type and took umbrage at my Occupy Coronation Park demonstration. I explained some laws of NZ to her and that I was not surprised that an arty group was territorial and pernickity. She will see the Council as they have a permit. Her art was like her. She sold about 3 or 4 pictures so she did well.

Speaking of value for money, I have just finished reading "Paper Money Collapse" by Detlev S. Schlichter "The folly of elastic money and the coming monetary breakdown". TJ would love it. It ends about where my thinking was in 1984 when my BP colleagues called me "Mr Bring Back the Gold Standard" which was not at all my position. There is a lot more to hard currency than either gold, or government monopoly money. In the intervening years, what I thought then is now becoming somewhat normalized, with people writing such books and Peter Schiff and all sorts touting gold. They are a day late and a dollar short.

As I ranted here years ago, gold would likely get to $2000 an ounce in the event of serious financial relativity theory events [as we have been having for a few years now] and $10,000 an ounce in the event of transition back to a gold standard. But I have other plans. TJ is going to get a big shock, or, more likely, he will bail out in time, leaving the gullible holding the gold while he buys loads of depreciated desperation sale assets.

The big problem with a gold standard is that people will go into Moai-style culture, spending their lives digging up more of the stuff and figuring out how to turn lead, mercury, tungsten, and maybe iron, into gold. Transmutation should be easily doable as part of nuclear reactor electricity generation [there are a few techniques still to be developed - the physics is a bit on the tricky side]. The economic waste in digging gold, then storing it, is vast. Already, the effort going into digging gold is very large.

Disclosure = I sold the gold I bought [via GLD shares] and hold no gold other than as electrical connectors in Linksys WRT54GL routers and a half share in my wife's wedding ring [being marital property, I guess]. We still own my ring which was lost, sitting on the bottom of a lake near Portland, Maine, as a result of a water skiing crash, but that's legal ownership only.

Mqurice