Hi Einstein and all,
I beg to differ sir. Once the masses understand that paper money of any denomination is indeed simply as you put it Micky Mouse money they will find converting their fiat into physical Gold a great deal more expensive than today. I dare say that will also apply to other commodities particularly energy and food linked.
Why do I imagine you sat at your computer living in mum’s basement?
In truth Gold will continue to buy around a certain value of goods: Say an ounce of gold for a quality suit of clothes as it did thousands of years ago.
I can’t help thinking: “He who is ignorant of history is doomed to re-live it.”
Maybe the fashion accessory for the future will be an Oroton leather wheelbarrow!
Cheers and very best regards: Andy
https://www.google.co.uk/search?q=germany+wheelbarrow+money&tbm=isch&tbo=u&source=univ&sa=X&ei=BvRqU4uRGcWUkgWw8oGgCg&sqi=2&ved=0CCsQsAQ&biw=1600&bih=751
https://www.google.co.uk/search?q=germany+wheelbarrow+money&tbm=isch&tbo=u&source=univ&sa=X&ei=BvRqU4uRGcWUkgWw8oGgCg&sqi=2&ved=0CCsQsAQ&biw=1600&bih=751#q=zimbabwe+wheelbarrow+money&tbm=isch
- Forums
- Commodities
- GOLD
- oops!
oops!, page-10
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online