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34f3f3fParticipant
A lot of these homes seem designed for a catalogue …they look impressive on the front page of a glossy, but viewed up close they lack warmth and character. If they last a 100 years, and weather-in, who knows perhaps they’ll be sought after. I don’t agree that the more expensive homes are necessarily more beautiful. High price tags and people with the money to match are sometimes the only things that do match in that relationship. I am always struck by how beautiful areas are sometimes completely ruined by sprawling eye sores. Much of the French Riviera springs to mind, whereas the Italians have always been very strict. They’d rather let something fall down than replace it is with …how shall say, modern progress. But let’s face it charm, character, warmth, and community are not on everyone’s list of priorities, more’s the pity.
34f3f3fParticipantA lot of these homes seem designed for a catalogue …they look impressive on the front page of a glossy, but viewed up close they lack warmth and character. If they last a 100 years, and weather-in, who knows perhaps they’ll be sought after. I don’t agree that the more expensive homes are necessarily more beautiful. High price tags and people with the money to match are sometimes the only things that do match in that relationship. I am always struck by how beautiful areas are sometimes completely ruined by sprawling eye sores. Much of the French Riviera springs to mind, whereas the Italians have always been very strict. They’d rather let something fall down than replace it is with …how shall say, modern progress. But let’s face it charm, character, warmth, and community are not on everyone’s list of priorities, more’s the pity.
34f3f3fParticipantA lot of these homes seem designed for a catalogue …they look impressive on the front page of a glossy, but viewed up close they lack warmth and character. If they last a 100 years, and weather-in, who knows perhaps they’ll be sought after. I don’t agree that the more expensive homes are necessarily more beautiful. High price tags and people with the money to match are sometimes the only things that do match in that relationship. I am always struck by how beautiful areas are sometimes completely ruined by sprawling eye sores. Much of the French Riviera springs to mind, whereas the Italians have always been very strict. They’d rather let something fall down than replace it is with …how shall say, modern progress. But let’s face it charm, character, warmth, and community are not on everyone’s list of priorities, more’s the pity.
34f3f3fParticipantA lot of these homes seem designed for a catalogue …they look impressive on the front page of a glossy, but viewed up close they lack warmth and character. If they last a 100 years, and weather-in, who knows perhaps they’ll be sought after. I don’t agree that the more expensive homes are necessarily more beautiful. High price tags and people with the money to match are sometimes the only things that do match in that relationship. I am always struck by how beautiful areas are sometimes completely ruined by sprawling eye sores. Much of the French Riviera springs to mind, whereas the Italians have always been very strict. They’d rather let something fall down than replace it is with …how shall say, modern progress. But let’s face it charm, character, warmth, and community are not on everyone’s list of priorities, more’s the pity.
34f3f3fParticipantHere’s a few paras from a website: http://www.honestmoneyreport.com/archives/2005/1026.html
It has been pointed in out in the media that one of the initial reasons that gold goes up is because the currency it is priced in (U.S. dollars) is experiencing devaluation.
In other words, the purchasing power of the U.S. dollar is falling, causing more units of money (quantity) or a higher price, needed to buy gold. This is also known as currency debasement, a.k.a. inflation.
However, there is not a one-to-one causal ratio between currency devaluation and the increase in the price of gold as denominated in that same currency.
For example, the price of gold in U.S. dollar bills has increased from a low of $257 in 2001, to a recent high of $475.50 in 2005. This represents an increase of approximately 86%.
During the same 4-year span of time (2001-2005), the U.S. dollar has fallen approximately 33%. This means the price of gold has gone up 2.6 times more compared to the rate the dollar has gone down. Clearly there is more involved then just the existing devaluation of the reserve currency.
34f3f3fParticipantHere’s a few paras from a website: http://www.honestmoneyreport.com/archives/2005/1026.html
It has been pointed in out in the media that one of the initial reasons that gold goes up is because the currency it is priced in (U.S. dollars) is experiencing devaluation.
In other words, the purchasing power of the U.S. dollar is falling, causing more units of money (quantity) or a higher price, needed to buy gold. This is also known as currency debasement, a.k.a. inflation.
However, there is not a one-to-one causal ratio between currency devaluation and the increase in the price of gold as denominated in that same currency.
For example, the price of gold in U.S. dollar bills has increased from a low of $257 in 2001, to a recent high of $475.50 in 2005. This represents an increase of approximately 86%.
During the same 4-year span of time (2001-2005), the U.S. dollar has fallen approximately 33%. This means the price of gold has gone up 2.6 times more compared to the rate the dollar has gone down. Clearly there is more involved then just the existing devaluation of the reserve currency.
34f3f3fParticipantHere’s a few paras from a website: http://www.honestmoneyreport.com/archives/2005/1026.html
It has been pointed in out in the media that one of the initial reasons that gold goes up is because the currency it is priced in (U.S. dollars) is experiencing devaluation.
In other words, the purchasing power of the U.S. dollar is falling, causing more units of money (quantity) or a higher price, needed to buy gold. This is also known as currency debasement, a.k.a. inflation.
However, there is not a one-to-one causal ratio between currency devaluation and the increase in the price of gold as denominated in that same currency.
For example, the price of gold in U.S. dollar bills has increased from a low of $257 in 2001, to a recent high of $475.50 in 2005. This represents an increase of approximately 86%.
During the same 4-year span of time (2001-2005), the U.S. dollar has fallen approximately 33%. This means the price of gold has gone up 2.6 times more compared to the rate the dollar has gone down. Clearly there is more involved then just the existing devaluation of the reserve currency.
34f3f3fParticipantHere’s a few paras from a website: http://www.honestmoneyreport.com/archives/2005/1026.html
It has been pointed in out in the media that one of the initial reasons that gold goes up is because the currency it is priced in (U.S. dollars) is experiencing devaluation.
In other words, the purchasing power of the U.S. dollar is falling, causing more units of money (quantity) or a higher price, needed to buy gold. This is also known as currency debasement, a.k.a. inflation.
However, there is not a one-to-one causal ratio between currency devaluation and the increase in the price of gold as denominated in that same currency.
For example, the price of gold in U.S. dollar bills has increased from a low of $257 in 2001, to a recent high of $475.50 in 2005. This represents an increase of approximately 86%.
During the same 4-year span of time (2001-2005), the U.S. dollar has fallen approximately 33%. This means the price of gold has gone up 2.6 times more compared to the rate the dollar has gone down. Clearly there is more involved then just the existing devaluation of the reserve currency.
34f3f3fParticipantHere’s a few paras from a website: http://www.honestmoneyreport.com/archives/2005/1026.html
It has been pointed in out in the media that one of the initial reasons that gold goes up is because the currency it is priced in (U.S. dollars) is experiencing devaluation.
In other words, the purchasing power of the U.S. dollar is falling, causing more units of money (quantity) or a higher price, needed to buy gold. This is also known as currency debasement, a.k.a. inflation.
However, there is not a one-to-one causal ratio between currency devaluation and the increase in the price of gold as denominated in that same currency.
For example, the price of gold in U.S. dollar bills has increased from a low of $257 in 2001, to a recent high of $475.50 in 2005. This represents an increase of approximately 86%.
During the same 4-year span of time (2001-2005), the U.S. dollar has fallen approximately 33%. This means the price of gold has gone up 2.6 times more compared to the rate the dollar has gone down. Clearly there is more involved then just the existing devaluation of the reserve currency.
34f3f3fParticipantMost of you who don’t own now are just people who missed the boat. Please tell me how I am wrong?
Survey-type posts always seem a little pointless to me. Terms like “most of you” seem to imply some sort of count has taken place, or that a count should follow. I think the point is really that while there may be some truth in what you say, morality, truth, self righteousness etc aren’t exactly core subjects on Harvard MBA programs. One is therefore left wondering which boat did you miss?
Non Gradus Anus Rodentum! Not Worth A Rats Ass!
34f3f3fParticipantMost of you who don’t own now are just people who missed the boat. Please tell me how I am wrong?
Survey-type posts always seem a little pointless to me. Terms like “most of you” seem to imply some sort of count has taken place, or that a count should follow. I think the point is really that while there may be some truth in what you say, morality, truth, self righteousness etc aren’t exactly core subjects on Harvard MBA programs. One is therefore left wondering which boat did you miss?
Non Gradus Anus Rodentum! Not Worth A Rats Ass!
34f3f3fParticipantMost of you who don’t own now are just people who missed the boat. Please tell me how I am wrong?
Survey-type posts always seem a little pointless to me. Terms like “most of you” seem to imply some sort of count has taken place, or that a count should follow. I think the point is really that while there may be some truth in what you say, morality, truth, self righteousness etc aren’t exactly core subjects on Harvard MBA programs. One is therefore left wondering which boat did you miss?
Non Gradus Anus Rodentum! Not Worth A Rats Ass!
34f3f3fParticipantMost of you who don’t own now are just people who missed the boat. Please tell me how I am wrong?
Survey-type posts always seem a little pointless to me. Terms like “most of you” seem to imply some sort of count has taken place, or that a count should follow. I think the point is really that while there may be some truth in what you say, morality, truth, self righteousness etc aren’t exactly core subjects on Harvard MBA programs. One is therefore left wondering which boat did you miss?
Non Gradus Anus Rodentum! Not Worth A Rats Ass!
34f3f3fParticipantMost of you who don’t own now are just people who missed the boat. Please tell me how I am wrong?
Survey-type posts always seem a little pointless to me. Terms like “most of you” seem to imply some sort of count has taken place, or that a count should follow. I think the point is really that while there may be some truth in what you say, morality, truth, self righteousness etc aren’t exactly core subjects on Harvard MBA programs. One is therefore left wondering which boat did you miss?
Non Gradus Anus Rodentum! Not Worth A Rats Ass!
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