To: dila813
It is more liquid and is easy to jump into. You don’t immediately park money on Gold. Doh! I'm so use to thinking long term I forget the need for liquidity and convertability when jumping from one doomed currency to another.
37 posted on
09/19/2011 12:33:59 PM PDT by
OB1kNOb
(The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
To: OB1kNOb
I forget the need for liquidity and convertability when jumping from one doomed currency to another. LOL, way to make the world's financial system sound like a pathological side-scrolling platform game.
It's On Like Donkey Kong!
OK, off home now, goodnight all.
38 posted on
09/19/2011 12:38:05 PM PDT by
agere_contra
("Debt is the foundation of destruction" : Sarah Palin.)
To: OB1kNOb
Still a dollar world, oil, gold, pretty much everything is done in dollars.
Euros won’t be accepted on the street in many countries but they still will take a dollar.
63 posted on
09/19/2011 3:06:43 PM PDT by
dila813
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson