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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (18029)9/8/1998 1:14:00 AM
From: E. Charters  Read Replies (1) | Respond to of 116791
 
Green: What stock went to $65.00 a share in 1930.

What was Canada's best and most profitable industry in the 1930's and brought it out of the depression?

'Splain to me what will happend to the value of gold if there is deflation. So you think it will fall? Well gee whiz. So it's a bad investment? So what won't fall in a devaluation? Think, man think.

Hate to break it to you man, but commodities always buy money it's not the other way around. And when there is little money around guess what rises in relative value? And gold is money so paradoxically it rises right along with it!! But the money supply is not shrinking. They have no intention of shrinking it. The devaluation talk is hooey. If
anything the foreign currencies will rise against the US dollar.

Paper is trash. Paper money is the worst_kind_of_trash. Brighten up. You know it's a thieves in suits game. Don't pontificate its the game to play. Speculate perhaps how long the thieves game will last but don't honour it.

The suits pretend they don't want gold and buy up every last stick of it. Tell you it's dross and horde it by the ton. We don't want their !@$#!@$! money! What's left?

The constant in the game us the man hour. It it takes me one hour to produce a commodity that is what its worth. You want it for less and you can kiss my heinie. Right now the US is getting it for 30 cents because they have the cruise missile.

It won't last.

EC<:-}