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

To: Maurice Winn who wrote (86528)	1/28/2012 11:14:20 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 219733

Unless debased, as duing Roman times, gold is forever.

To: Maurice Winn who wrote (86528)	1/28/2012 12:20:09 PM
From: arun gera	3 Recommendations Respond to of 219733

>A dozen years later the relative values have shifted a LOT. Americans have gone wayyyyyyy down in price as measured in gold. Are they really worth that much less? With a billion Chinese and a billion Indians now bidding for work, a quite large price cut was reasonable, but that's a big price cut, not the usual 20% or 30%.> Did russian workers become 1/30th the value of american workers between 1993 and 2000? Check the the graph for that period here: tradingeconomics.com That was not a 20 percent decline, it was a 95%+ decline. When companies (countries) go bankrupt, investors can lose such large percentages. So what is to say it cannot get worse against gold? -Arun