Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: bart13 who wrote (109399)	12/31/2014 10:26:40 AM
From: Metacomet	Read Replies (1) \| Respond to of 218074

but that was in an environment where there was a built in limiter to excess money printing - namely gold and silver. In a sense we simply lost control of the dollar when it became the de facto world standard sometime after that As has been pointed out, there is no realistic way that the US dollar, which had become freely circulating worldwide, could be tied to a specific quantity of gold and silver and retain its trading utility It simply outgrew that concept The fact that the severance of the gold standard did not stop the worlds reliance on the dollar for trading simply underscored that its value is recognized more as a trading medium than a store of value ..that, and the trust in the US as an honest broker..so far

To: bart13 who wrote (109399)	1/1/2015 9:24:46 PM
From: TobagoJack	3 Recommendations Recommended By Kid Rock Paxb2u RJA_ Read Replies (2) \| Respond to of 218074

i cannot recommend gold as a commodity, for it is incredibly useless until and if they find a use for it as money gold is certainly cumbersome and difficult to keep around and exchange for stuff, and certainly hard to transport, count, audit, and and and store of wealth? unsure. there may be better, at certain times and for some families, companies, art, buildings, farms, and for other clans at other times, nation-states. when all fails, guns are nice, armies better. as investment? certainly not. for some folks they can invest 6M equity in addition to 6M debt at libor + 60 b-pts and generate a very secure 700K per annum base income net of all costs i can recommend gold as eternal magic, that which is mostly useless, always pretty, forever desired, trans-generational, and if properly stored can survive divorce, law suits, wars and natural as well as man-made calamities of all sorts to be re-claimed for once-in-so-many-generations-zero-state-reset, and is solidly always-liquid / exchangeable for just about any currency of any domain at any time wherever one may be and only the terms of exchange vary gold is a solution to enough simultaneous equations, and i fear the equations are by and by, buy buy buy, becoming simultaneous the 6,000+ years track record is somewhat difficult to best gold's time may be 2015, or 2016, or 2018, or 2026 ... what does it matter when it only needs to matter once, if not this generation then the next in cash form, this below is as good as when carthage was sacked, just perhaps not to the fellow who held it at the moment of sacking