Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2011 GOLD high $1,500.00, SILVER high $24.00
>
Reply to Thread
Message:
<p>[QUOTE="krispy, post: 1087992, member: 19065"]<i>"8% government deduction" </i></p><p><br /></p><p>sounds very auspicious. </p><p><br /></p><p><i>"so how many US, or other countries, do people who make $10,000 buy precious metals"</i></p><p><i><br /></i></p><p>Hopefully not too many, lest they are believing the hype and buying beyond their means. </p><p> <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>Honestly, I worry more about issues I hear about inflation in China on the rise and/or a future devastating economic crisis in China in what it could do globally to all humanity, than what the US/EU/UK has just/still is weathering. A sort of fear, is that the depth of such a crisis in China will bring down global markets and economies due to their super size. I fear for them and the suffering their people may endure if economic hardship hits a country so 'enjoying' (?) their economic rise. Hearing stories of people hording oil drums full of raw cotton, or hording spices, dry goods or any such thing to store value or stave off inflation is much more urgent and touching than households in China buying precious metals. I would never suggest such xenophobic reports urging other nations to buy metals because another is doing so. It doesn't help anyone to operate under such reasoning, only keeps us apart. (sorry if I drifted here into opining too much)</p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1087992, member: 19065"][I]"8% government deduction" [/I] sounds very auspicious. [I]"so how many US, or other countries, do people who make $10,000 buy precious metals" [/I] Hopefully not too many, lest they are believing the hype and buying beyond their means. [LEFT][COLOR=#000000] [/COLOR][/LEFT] Honestly, I worry more about issues I hear about inflation in China on the rise and/or a future devastating economic crisis in China in what it could do globally to all humanity, than what the US/EU/UK has just/still is weathering. A sort of fear, is that the depth of such a crisis in China will bring down global markets and economies due to their super size. I fear for them and the suffering their people may endure if economic hardship hits a country so 'enjoying' (?) their economic rise. Hearing stories of people hording oil drums full of raw cotton, or hording spices, dry goods or any such thing to store value or stave off inflation is much more urgent and touching than households in China buying precious metals. I would never suggest such xenophobic reports urging other nations to buy metals because another is doing so. It doesn't help anyone to operate under such reasoning, only keeps us apart. (sorry if I drifted here into opining too much) [LEFT][COLOR=#000000] [/COLOR][/LEFT][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2011 GOLD high $1,500.00, SILVER high $24.00
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...