View Single Post
  #39   Report Post  
Posted to rec.crafts.metalworking
Gunner Asch[_5_] Gunner Asch[_5_] is offline
external usenet poster
 
Posts: 553
Default OT-Rejecting fiat currencies

On Mon, 30 Nov 2009 13:44:32 -0600, cavelamb
wrote:

Gunner Asch wrote:
On Mon, 30 Nov 2009 01:29:32 -0600, cavelamb
wrote:

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!



But with Gold..you can purchase enough ammo and buttwipe to keep
everyone at bay..or happy..or both.


Only if someone is willing to take it in trade, as you well know.


At $1200 an ounce...people are taking it in trade...trust me. G

And if it come to what you've been prediction/dreaming of/hoping for?
the exchange rate may be a little off the closing market price.


Certainly not " hoping for"..shrug...just accepting it. Ive had 5
previous "visions" and each time I took it seriously..and lived. Shrug

Its a family thing. Having "second sight" tends to run in the
family..mostly in the women..but the men do have them as well. Which is
why most of the men in the family die in their late 90s.

I still hope it was a fluke. But..Im proceeding like it was fact. I can
only die once...but be wrong many times. Id rather be wrong than dead.
Wouldnt you?


Remember the protagonist in _Lucifer's Hammer_?

He bought a blazer to escape to his observatory in the mountains
(for one million dollars!) and paid that off with one milk bearing cow...



Indeed.

Gunner

"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