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

To: Joseph Silent who wrote (140933)	4/24/2018 12:17:20 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 218253

Let's get Cosmic. If we got a double every seven years, and put a grain of rice on the first square of a chessboard, 2 on the second, 4 on the third, 8 on the fourth, etc, how many wheelbarrows of rice would be on the last square? Just the last square would have more rice than could fit into a big mining truck. If you do some exponentially hyperbolic maths with parabolic cones to hold the rice you'll need to go cosmic and end up in some sort of singularity restart meaninglessness. When the great and glorious pound has dwindled in just my life to a nearly extinct cheap little coin which can't buy a sandwich or even a nice cup of tea the word hyperinflation looks about right. Investments make a profit from doing something that adds value. Gold just sits there and is not an investment. It's not even necessarily a speculation though it could be. In my book it's a store of value that has a risk and a cost. The risk is it gets stolen or lost. The cost is defending it against theft and carting it around. Imagine the baggage fees to take 100kg of it on a flight. Speculation is a zero sum game of predicting prices. Mqurice