Msg. 40609 of 45510 (This msg. is a reply to
40606 by
Decomposed)
Jump:
NOTHING is fixed DE,,,,,,,,I am just being controversial........LOL,,,,,,,And initial claims come out higher and futures up, go figure.....
Apr 19 8:30 AM Initial Claims 04/14 386K 375K 388K
Apr 19 8:30 AM Continuing Claims 04/07 3297K 3275K 3271K
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.
If we were talking apples, I might agree with you. But gold is money, not apples. In an environment where the competing currencies can be debased without limit, and where that is occurring, value ultimately flows into things in which value can be preserved. That includes land, fine art, certain businesses, certain commodities and precious metals.
Where else does a person put wealth when neither his government NOR ANY OTHER can be trusted?
Gold will be "toast," as you put it, when fiat money regains peoples' confidence.
Do you have any sense that that is happening?
WHAT HAS BEEN FIXED????
No, gold is not done. It is just getting started. To believe otherwise would be to believe that the fiat money system works. And the fiat money system, in hundreds of attempts, has NEVER worked. It cannot. It plays to the greed of those who control it, and they ALWAYS fall victim to the urge to debase and debase and debase and debase and debase . . . until nothing is left.
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