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To: slnk_rules

You will be interested in this blog on the subject of gold backwardization:

http://globaleconomicanalysis.blogspot.com/

And this is from a guy who owns some gold.


42 posted on 12/08/2008 5:01:05 AM PST by nicola_tesla (www.fedupusa.org)
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To: nicola_tesla
Mish: Can you address or speculate as to why manufacturers are not making smaller retail sized bars of silver and gold, as well as coins?
Turk: The manufacturers are primarily government owned mints. So one theory is typical government incompetence......
My vote is for incompetence.

I had to smile and nod. I dunno on this particular case, but when asked over the years about various schemes and conspiracies I always say "when faced with an explanation of conspiracy or bungling government bureaucrats, vote bungling every time."

You may be right, and I hope you are. I hope I pass down all my gold and silver to my grandchildren and never need it.

45 posted on 12/08/2008 5:08:45 AM PST by slnk_rules (http://mises.org)
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