GOLD 0.51% $1,391.7 gold futures

The gold bull ... it's over ... it's over ..., page-82

  1. 1,630 Posts.
    The talent was a weight.

    Yet "differing weights and measures",
    always undermine transaction and
    storage integrity.

    Bankers today provide paper with
    no ultimate asset integrity.

    Ultimate asset integrity is proved by time,
    and not by price.

    Gold has inherent wealth value,
    which over thousands of years is
    (inexplicably to those to whom it has not
    been revealed, or experienced its monetary
    power) intact.

    Without revelation or experience, even
    the intellectually brilliant may be simply confused.

    Gold is not just another asset class.
    Gold is unique.
  2. 7,424 Posts.
    lightbulb Created with Sketch. 152
    Millibuster

    "Im not kidding. It says a third in property, a third in gold and a third in cash."

    Yes, you are kidding!

    The ancient Israelites we were nomads and property was something they grazed animals on until the grass ran out. And in those days gold was cash.

    The survival and wealth of nomads depended on their animals. If you read the Old Testament, references and images involving livestock abound. Reference to gold are few. They knew which was more important.

    (I'm an atheist and know your book better than you do!)
    Last edited by timber1956: 02/11/14
  3. 104 Posts.
    Timber , it is my opinion only, no-one need to believe it, it is my understanding that Gold has value when paper currency loss value quickly. Gold decline from 19 to now , i would not say paper gold . market plays like that ups and down, nothing goes up forever.
    lets see what happen in next few weeks. For me if i hear or read somewhere US starting to reduce debt, i would not even watch Gold stock.
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