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  • November 24, 2009 at 6:19 PM #487203
    Nor-LA-SD-guy
    Participant

    Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,

    November 24, 2009 at 7:36 PM #486367
    scaredyclassic
    Participant

    yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

    November 24, 2009 at 7:36 PM #486533
    scaredyclassic
    Participant

    yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

    November 24, 2009 at 7:36 PM #486909
    scaredyclassic
    Participant

    yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

    November 24, 2009 at 7:36 PM #486996
    scaredyclassic
    Participant

    yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

    November 24, 2009 at 7:36 PM #487228
    scaredyclassic
    Participant

    yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

    November 25, 2009 at 10:14 AM #486658
    patb
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it

    November 25, 2009 at 10:14 AM #486825
    patb
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it

    November 25, 2009 at 10:14 AM #487204
    patb
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it

    November 25, 2009 at 10:14 AM #487291
    patb
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it

    November 25, 2009 at 10:14 AM #487522
    patb
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it

    November 25, 2009 at 10:50 AM #486673
    peterb
    Participant

    Gold is tangible and has a long history as money and a store of value becuase it is very durable and not easy to find. Most commodities are consumables, gold isnt really consumed. Gold is an insurance policy against fiat unstability, fraud and govt’s bad behavior.
    Central banks and the IMF hold quite a bit of it. Why? Granted their not the best indictor of intellegence, but they do have a lot of power in this world. And they tend to control the quantity of “money” in the world.

    November 25, 2009 at 10:50 AM #486840
    peterb
    Participant

    Gold is tangible and has a long history as money and a store of value becuase it is very durable and not easy to find. Most commodities are consumables, gold isnt really consumed. Gold is an insurance policy against fiat unstability, fraud and govt’s bad behavior.
    Central banks and the IMF hold quite a bit of it. Why? Granted their not the best indictor of intellegence, but they do have a lot of power in this world. And they tend to control the quantity of “money” in the world.

    November 25, 2009 at 10:50 AM #487219
    peterb
    Participant

    Gold is tangible and has a long history as money and a store of value becuase it is very durable and not easy to find. Most commodities are consumables, gold isnt really consumed. Gold is an insurance policy against fiat unstability, fraud and govt’s bad behavior.
    Central banks and the IMF hold quite a bit of it. Why? Granted their not the best indictor of intellegence, but they do have a lot of power in this world. And they tend to control the quantity of “money” in the world.

    November 25, 2009 at 10:50 AM #487306
    peterb
    Participant

    Gold is tangible and has a long history as money and a store of value becuase it is very durable and not easy to find. Most commodities are consumables, gold isnt really consumed. Gold is an insurance policy against fiat unstability, fraud and govt’s bad behavior.
    Central banks and the IMF hold quite a bit of it. Why? Granted their not the best indictor of intellegence, but they do have a lot of power in this world. And they tend to control the quantity of “money” in the world.

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