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Gunner Asch[_5_] Gunner Asch[_5_] is offline
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Default OT-Rejecting fiat currencies

On Mon, 30 Nov 2009 00:44:57 -0800, "azotic" wrote:


"cavelamb" wrote in message
...
azotic wrote:
"cavelamb" wrote in message
...
azotic wrote:
The gold story - essentially - is that the rising economic powers of
Asia, the Middle East, and the commodity bloc are rejecting Western
fiat currencies. China, India, and Russia have all been buying gold on
a large scale over recent months.
Why should that stop when the AAA club of sovereign debtors is pushing
towards the danger threshold of 100pc of GDP?

Just touching $1200 an ounce today!

Seems some people would rather own gold instead of script.

Best Regards
Tom.



I still think it's a fools game.

You can't eat gold (or script).

But ammo and MREs aren't going to keep the ladies happy.
Better lay in a 12 year supply of Charmin too!


Its the worlds longest running poker game, right now
nobody is gonna go all in just bluff big time.
Bunky Hunt went all in back in the 70's with silver
and has not been seen since. You only play if you
can raise taxes to cover your losses.

Belgian chocolates work way better than MREs or ammo.


That would depend on the lady..and whats going on outside the front
door.....

Charmin is essential if you wanna keep them.


See above.

Best Regards
Tom.


"Aren't cats Libertarian? They just want to be left alone.
I think our dog is a Democrat, as he is always looking for a handout"
Unknown Usnet Poster

Heh, heh, I'm pretty sure my dog is a liberal - he has no balls.
Keyton