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To: Rutles4Ever

Get towards the end and you find out that it’s a gold hawk article. He may be right. But, when the fan becomes soiled gold can’t be eaten, worn or used to heat your house.


5 posted on 04/10/2010 6:26:49 AM PDT by raybbr (I hate B(ig) H(ead) Obama)
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To: raybbr

For a long time, I was skeptical of all the gold hawks, but even though they may have commercial motivations, it’s undeniable that they’ve been vindicated.

i.e., the grain of salt I take with gold bug articles has gotten smaller and smaller. The author, however, was an LTCM guy, too. So he’s seen both sides of the fence.


11 posted on 04/10/2010 6:38:24 AM PDT by Rutles4Ever (Ubi Petrus, ibi ecclesia, et ubi ecclesia vita eterna!)
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To: raybbr

“But, when the fan becomes soiled gold can’t be eaten, worn or used to heat your house.”

No, but it sure as heck can be used to back fiat money, and in the long-run that’s just as important.


14 posted on 04/10/2010 6:43:28 AM PDT by webstersII
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To: raybbr
Get towards the end and you find out that it’s a gold hawk article. He may be right. But, when the fan becomes soiled gold can’t be eaten, worn or used to heat your house.

Right. It says on the currency that Kroger's MUST accept it as legal tender, for all debts, public and private. It doesn't say HOW MUCH they can charge, however.

I'd say...HYPERINFLATION here we come. Jimmmy Cawder II, deluxe.

18 posted on 04/10/2010 6:45:34 AM PDT by Huebolt (Some people are born to be slaves. They register as democrats.)
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To: raybbr

But, when the fan becomes soiled gold can’t be eaten, worn or used to heat your house.


So when you have stocked up on food, clothes, and fuel, you might consider putting your spare wealth into gold.

Gold isn’t there to help YOU survive a crisis, it’s there to help your wealth survive a crisis. (Which is not to say that in just about every portion of just about every crisis, gold has bought food, clothes, and fuel).


38 posted on 04/10/2010 8:47:27 AM PDT by Atlas Sneezed (Anything worth doing, is worth doing badly at first.)
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To: raybbr
But, when the fan becomes soiled gold can’t be eaten, worn or used to heat your house.

And when the fan becomes soiled, paper money can't be eaten, worn, or used to heat your house, either. But at least gold will have economic value, unlike the paper stuff in your pocket. You don't eat the gold anymore than you would eat a $5 bill. It's what the gold will BUY.

44 posted on 04/10/2010 10:35:20 AM PDT by Prince Caspian
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To: raybbr
I'll say it again, the problem with gold is that its value is entirely based on psychology and psychiatry, and not on economics or physics. The only two uses there are for the stuff are for jewelry and electrical connectors, and Fort Knox contains billions of times what the planet will ever need for jewelry or connectors.

The only other thing it could conceivably be useful for would be waterfowl shot. It's half again denser than lead, soft, and totally inert. You could kill geese with 2.75" shells.

62 posted on 04/10/2010 5:57:00 PM PDT by wendy1946
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To: raybbr

But you will run out of stuff like wood and you need to exchange something for something to get new stuff, unless you want to live as something just above subsistence farmer or a hunter-gatherer lifestyle. Gold is useful as a medium of exchange for a wide variety of reasons.


85 posted on 04/11/2010 6:20:06 AM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: raybbr

There are 4 “B”s to adequate preparation. Beans, Bullets, Bandaids and Bullion. If you are missing any of these then contemplate if you are truly prepared for the upheaval that is coming.


94 posted on 04/11/2010 4:58:20 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: raybbr
But, when the fan becomes soiled gold can’t be eaten, worn or used to heat your house.

Well, you can always burn paper. Even wear it, I suppose.

Eating it would be problematic.

97 posted on 04/11/2010 9:15:13 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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