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To: bert
I'll say it again. Gold is basically worthless and today's market for it is a classic bubble, and anybody buying it at these prices is an idiot. The only two uses there are for the stuff is for electrical connectors and jewelry; the amount of the stuff stashed at Knox alone has to be millions of times what the planet will ever need for connectors and bracelets and there are much cheaper metals to make connectors and bracelets out of.

The one other thing gold would be really good for would be waterfowl shot. Half again denser than lead, soft, and totally inert, it would be the perfect metal for killing ducks and geese with. You could kill geese all day long with 2.75" shells and #7 shot.

41 posted on 01/06/2011 5:26:02 AM PST by wendy1946
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To: wendy1946

You said again and are wrong again. For a little help in correcting that condition I would counsel to buy and read “The Power of Gold: The History of an Obsession “

http://www.amazon.com/Power-Gold-History-Obsession/dp/0471252107

It can be obtained used for as little as $.55. It is very interesting history and provides detailed background on previous debacles that are caused by theories and rulers who try to or are forced to break the rules.

You will learn what has transpired throughout human history as gold repeatedly salvaged lost economies. Now is no different, only the circumstances of how the problem was created.


42 posted on 01/06/2011 5:45:05 AM PST by bert (K.E. N.P. N.C. D.E. +12 .....( History is a process, not an event ))
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