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To: blam

Ok, here’s my question. If gold is going to be the substitute for currency as they claim, then why would those selling gold take the worthless currency for it?


19 posted on 09/28/2010 12:58:56 PM PDT by Samizdat
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To: Samizdat

you are wise, grasshopper

who are all those gold hoarders going to trade with?

maybe people who have food, toilet paper, and whiskey to sell

blessed are the cheesemakers

buy booze - poor man’s gold- and you can drink it whether inflation hits or not


21 posted on 09/28/2010 1:05:23 PM PDT by silverleaf (The lesser of two evils is still evil.)
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To: Samizdat; silverleaf

If gold is going to be the substitute for currency as they claim, then why would those selling gold take the worthless currency for it?


Because they can take that currency (not yet worthless) and buy things like land, companies, and other goods with it.

You don’t sell your gold until there is a more attractive investment available.


59 posted on 09/29/2010 9:41:05 AM PDT by Atlas Sneezed (Congressmen should serve two terms: One in Congress and one in prison.)
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