On Mon, 30 Nov 2009 23:58:08 -0500, "Ed Huntress"
wrote:


"cavelamb" wrote in message
om...
Ed Huntress wrote:
"azotic" wrote in message
...
"Ed Huntress" wrote in message
...
And the thing that worries me about gold is the possibility that some
day, when things are really rough, people are going hungry and reality
sets in, they may start looking at their piles of gold and realize that
not only can't they eat them, but that it's really a crummy, soft, and
heavy metal that isn't good for anything except bullets and sash
weights, unless the economy is perking along. A little reality would
really knock the hell out of the market.

A lot of people who are buying gold are in for a sleighride, as always
happens. Like any speculative commodity, it only looks good when you
get in on the way up and get out before it goes down.

Now, corn or soy beans...at least you could eat them in a pinch. d8-)

--
Ed Huntress
But when the **** hits the fan gold maybe the one of the few commodities
that will get you some corn or soy beans and you get to cook them using
all your script for the heat source.G

Best Regards
Tom.

Maybe. But there's always a chance that the human race will wise up and
realize it's just about useless for almost anything that matters at that
point. d8-)


Ding!

We have a winner - and it's Ed (again).

If we let the lights go out, NOTHING is going to matter.

Game it out, Ed.

How far back would er fall?

National anarchy?
Return to sovereign states?
Return to rural subsistence?
Nomadic hunter gatherers?

Or would rampant diseases knock us back to the stone age?

My best guess, and I mean this seriously, is that we'll revert to mowing our
own lawns and to buying our Halloween candy at Wal-Mart.

Otherwise, we might stop buying Mobil 1 and get back to basics with
Pennzoil.

Seriously.

Yup. A few of the other things that people will learn to live without:
bottled water, vehicles with 2000 lbs of trinkets and dead weight, $75
a month TV and $100 cell service, limos for high school graduations,
fast food and walking around with a gallon cup of soda or coffee, $20k
funerals and $50k weddings, Tshirts to advertise favorite brand names,
tanning parlors, pet psychiatrists, body art, salad shooters, cosmetic
surgery, knee MRIs for the morbidly obese, leaf blowers, magnetic
insoles, electric scent dispensers, life coaches... I could go on all
day. Obviously most people don't need to go back to stone age living
to balance their budgets. Just back to 1960 or so. :-)

Wayne