Replies to Msg. #685081
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 Msg. #  Subject Posted by    Board    Date   
06604 Re: So in sum
   So in sum somebody's debt is another person's asset... In fact my d...
faul   ALEA   06 Feb 2012
1:18 PM
06600 Re: So in sum
   Hi Cactus Flower, "What will they all do when the gold bubble b...
clo   ALEA   06 Feb 2012
6:20 AM

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Re: So in sum

By: Cactus Flower in ALEA
Mon, 06 Feb 12 5:59 AM
Msg. 06599 of 54959
(This msg. is a reply to 06598 by clo)
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Hi clo,

Sorry if I choke on those words.

They respect Paul because when people are worried, they turn to assets which have a record of retaining their value?

This isn't unique to Paul.

And yet he excluded from his thesis the asset which the world counts as safe above any other? - which is US Treasuries. A point which was proved absolutely during this crisis.

What will they all do when the gold bubble bursts?