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


To: Hawkmoon who wrote (91835)6/24/2012 1:21:47 PM
From: skinowski  Read Replies (1) | Respond to of 219166
 
Any of the gold bugs out there understand why it was a "golden fleece" and not "golden cotton" or "golden flax"?

Never thought about this, and I'm not much of a bug, but you got me interested. Why?



To: Hawkmoon who wrote (91835)6/24/2012 6:53:14 PM
From: TobagoJack1 Recommendation  Respond to of 219166
 
no gold bugs here

am of the opinion that the price for gold yesterday has little to do with the value of gold tomorrow, for the worth of gold is only dependent on what is happening today and feared to happen tomorrow, the night after, and the day after that

gold has no use in any meaningful quantity

gold hoarders would be lucky to have gold seriously priced once so many generations

but only need re-pricing while one is ready for such re pricing

i suppose we can instead wait for the growth to take care of the unpayable debt, then wait some more

=> true growth, interest rate increase, collapse of leveraged assets, grow some more, or
=> false growth, interest rate suppression, more dilution, loss of confidence due to any number of fiat money dilution effects, collapse of confidence, reset, chaos, darkest interregnum, reset, bottoming, true growth

above be the paths from the fork where we are



To: Hawkmoon who wrote (91835)6/27/2012 12:17:02 AM
From: Brian Sullivan  Respond to of 219166
 
en.wikipedia.org