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Message Subject The economic problem is this: Updated last page 17
Poster Handle Anonymous Coward
Post Content
A construction worker cannot use a rubber band to measure the length of a beam; he must use a steel tape. An accountant cannot use a rubber dollar to measure the worth of an enterprise; he must use gold.

The erosion of faith in paper money is a one-way process (with some zigs and zags).

But eventually, backwardation will become deeper and deeper (while the dollar price of gold is rising, probably exponentially).

The final step is when gold completely withdraws its bid on paper.

At that point, paper's bid on gold will be unlimited, and this is

why paper will inevitably collapse without gold.

[link to www.gold-eagle.com]

Got Gold?

You say you don't ?? ... Barbaric Relic, can't eat it, bla,bla,bla and so on.

rockon rockon rockon rockon rockon rockon
Poverty pills can be obtained from any liberal in your area.
 Quoting: Kingman-Art


If we have an economic collapse there will be no markets and your gold will literally be useless
 
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