Replies to Msg. #648127
.
 Msg. #  Subject Posted by    Board    Date   
34613 Re: �Gold, unlike all other commodities, is a currency" - Greenspan
   "I guess I just don't understand this gold thing......." I understa...
capt_nemo   ROUND   24 Aug 2011
10:46 PM
34595 Re: �Gold, unlike all other commodities, is a currency" - Greenspan
   Greenspan also PROMOTED designer mortgages & claimed it was better tha...
clo   ROUND   24 Aug 2011
2:21 PM

The above list shows replies to the following message:

Re: �Gold, unlike all other commodities, is a currency" - Greenspan

By: capt_nemo in ROUND
Wed, 24 Aug 11 9:40 AM
Msg. 34594 of 45644
(This msg. is a reply to 34593 by Decomposed)
Jump to msg. #  

Greenspan also said that he did not think gold, which reached a record above $1,900 an ounce this week, was in a bubble.

“Gold, unlike all other commodities, is a currency,” he said.

Really??? I wanna see someone in what's left of a grocery store, go in and buy a loaf of bread and a gallon of milk with their gold. They just gonna shave off a sliver for payment.......... And no bubble Alan baby?? Really?? WOW....... They will defend their thinking till the end.............That shouldn't be too long now.

I guess I just don't understand this gold thing.......




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.