Posted on 02/06/2006 3:54:32 PM PST by B4Ranch
I do the same, but only after skilled craftsmen have formed it into aeroplanes.
d.o.l.
Criminal Number 18F
Translation: FReeper Chewbacca has drunk a heavy draught of the Kool-aid the FTC warns of in the original article.
Note the hysterical tone of the "guru's" writing, and the fact that no matter what happens, the answer is, the apocalypse is coming, and you must buy gold! (Don't read the whole thing, it's a waste of time. Just spot check a couple of things. Ever election, every natural disaster, every war, every world event becomes a reason to buy gold.
Before you give these guys any credibility, remember their mission in life is to sell gold.
Gold coins are kind of neat to have and to own; as the basis of a financial portfolio, they're madness. Mining stocks are like investing in your cousin Jimmy's system for the horse races, unless you know a very great deal about mining or commodity markets (and sometimes even if you do). But hey, it's a free country.
d.o.l.
Criminal Number 18F
Mexico is a country I boycott along with Russia, Iran, N. Korea, China and a few others.
I'm just looking at it from an investment perspective. Your local cement company may be owned by them.
"Buy CX the Mexican cement company. They sell lots of it to U.S."
There's one five miles from me. Worst polluter in the area.
Sorry to hear that. I may have to re-evaluate that investment.
By investing in companies that are in communist nations you are furthering communisum. That isn't something I care to do.
You are both wrong. The future is Plastic!
How much of that profit was in the rise of the Canadian $.
Often penny stocks are just mining claims with little or no real development.
They get traded up when metal prices are high.
When prices fall, they crash hard and fast often becoming worthless.
The stocks will go up way more than the actual metal, sometimes 10x or 20x or more in an overheated market.
Does this company have any equipment or just claims?
I think there are American companies out west.
Florida likely imports from South America.
Nothing to see here, please move on. Please be considerate to the not so rich and stay away from gold. There's a lot of people who haven't accumulated enough of it before all the equities people stampede in and wreck everything for the people trying to accumulate enough at these prices, and they need a little time. After that...do whatever panic dictates.
In the meantime, buy Google...it's a great dip to hop on. Or maybe GM and Ford, they can't possibly go lower - they gotta break out soon.
I guess there aren't many Barney Miller fans on this thread.
I thought that line about plastics was from "The Graduate".
My earlier comment about Zinc was from Barney Miller.
Fording Coal.
That's the paradox concerning a hyper-appreciation of gold. The conditions in which this would occur would be coupled with a systemic breakdown in the financial structure - leading to complete societal collapse.
The first challenge would be getting the physical gold itself - likely held in some vault in the UK - shipped past roving street gangs armed with UZI's - just so you could grab it out of the bullet-ridden UPS truck under covering fire from the UPS driver, and haul-butt down to the local survivalist to trade it in for some guns, ammo, water and canned food.
Maybe the middle-medium can be dispensed with. Strange things to speculate on.
Guns, ammo, water and canned food should be higher on a persons initial survival list than gold, IMO.
I agree in this scenario. The other critical thing is defensible property - since all the above can be easily taken by the savages that have the sheerest veneer of civility - purchased by endless tribute in the form of government largesse, a largesse that will be completely gone.
A few cases of the reloading primers would be easier to transport.
Gold down 18 bucks today, incidentally.
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