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To: #3Fan
"Who will then? The city dweller with a weeks supply of food and no money after the hyperinflation? I don't think so. Most farms today are massive operations they will have the grain everyone will need. It will be a matter of who has the ability to pay, and then who is the best beggar."

The average American probably owns a pound or more of gold jewelry. It will be offered at once, en masse, by the public at large for the first bowl of rice in a famine, if Dollars are somehow no longer valid.

Those pounds and pounds of gold jewelry will put gold very low on the list of "rare" commodities that people with valuables (e.g. food, water, guns, ammo, shelter, transportation, fuel, and clothing) will be interested in weighing themselves down with or trading for.

People such as yourself will be begging those of us with food, water, guns, ammo, and transportion to trade some of what we have for the worthless yellow metal that you have hoarded.

Don't count on finding many takers.

266 posted on 06/29/2002 4:35:26 PM PDT by Southack
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To: Southack
The average American probably owns a pound or more of gold jewelry. It will be offered at once, en masse, by the public at large for the first bowl of rice in a famine, if Dollars are somehow no longer valid.

There will be no famine. Like I said, we have the grain, it will be a matter of who can pay and get on with their lives and who has to beg and be in servitude.

Those pounds and pounds of gold jewelry will put gold very low on the list of "rare" commodities that people with valuables (e.g. food, water, guns, ammo, shelter, transportation, fuel, and clothing) will be interested in weighing themselves down with or trading for.

That has never happened before in these kinds of crises and it won't happen the next time. People want something valuable and something they can carry. Gold will be it. People won't forget how to drive or sail boats, a car can go across the country in one day. Who will have the ability to buy gasoline to get to a more stable area? Gold owners.

People such as yourself will be begging those of us with food, water, guns, ammo, and transportion to trade some of what we have for the worthless yellow metal that you have hoarded.

So tell me, how much food and gasoline do you have stored at this moment? If you don't have much of these items and no gold to boot, you'll be the one stuck where you are and begging the closest farmer you can find.

Don't count on finding many takers.

Don't count on any takers for a hyperinflated dollar.

268 posted on 06/29/2002 4:52:05 PM PDT by #3Fan
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To: Southack
The average American probably owns a pound or more of gold jewelry. It will be offered at once, en masse, by the public at large for the first bowl of rice in a famine, if Dollars are somehow no longer valid.

The pawn shops will be overflowing.

270 posted on 06/29/2002 4:55:53 PM PDT by Roscoe
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