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<p>[QUOTE="Owle, post: 870101, member: 22004"]<b>The "Spot" Price</b></p><p><br /></p><p>No one knows. I don't know how many trillions of total capitalization gold and silver represent, but this figure is dwarfed by the total capitalization of stocks and bonds and the ability of the money magicians to drive prices down and up.</p><p> </p><p>Other issue: ultimately all investments have to go somewhere for a positive purpose. I don't want to be found dead with a safe full of gold and other valuable tangibles, when I could have wisely invested in the human dimension more through building a family, connecting with helpful fellowships more, like this one, and so forth. I think Warren Buffet has seen the total range of human experience, a father who was a hard asset man, and a current generation struggling to build lives for themselves. </p><p> </p><p>The organic world depends on the inorganic world for its existence; inorganic things--minerals, sunlight, building materials, plastic, silicon-based units, and so forth. What happens when, like Midas, one's wealth--whether in tangibles or paper assets, eclipses the organic--the human dimension, positive virtues, proper priorities? Anyone who has lived long on the earth knows how dangerous it is to be poor and defenseless. Also, some of us have been ripped off by various con-artists, or have stuck to our guns and principles in the face of some very unaccountable entities. </p><p> </p><p>There are investors who are giving the order to their funds this morning to buy or sell thousands of ounces of gold in a single shot. Most folks who are collectors/investors are not in that category. What is needed for some is a "life coach", sponsor, pastor, or other competant professional to guide the investor through their current financial position into investments that are in keeping with what they are trying to accomplish.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 870101, member: 22004"][b]The "Spot" Price[/b] No one knows. I don't know how many trillions of total capitalization gold and silver represent, but this figure is dwarfed by the total capitalization of stocks and bonds and the ability of the money magicians to drive prices down and up. Other issue: ultimately all investments have to go somewhere for a positive purpose. I don't want to be found dead with a safe full of gold and other valuable tangibles, when I could have wisely invested in the human dimension more through building a family, connecting with helpful fellowships more, like this one, and so forth. I think Warren Buffet has seen the total range of human experience, a father who was a hard asset man, and a current generation struggling to build lives for themselves. The organic world depends on the inorganic world for its existence; inorganic things--minerals, sunlight, building materials, plastic, silicon-based units, and so forth. What happens when, like Midas, one's wealth--whether in tangibles or paper assets, eclipses the organic--the human dimension, positive virtues, proper priorities? Anyone who has lived long on the earth knows how dangerous it is to be poor and defenseless. Also, some of us have been ripped off by various con-artists, or have stuck to our guns and principles in the face of some very unaccountable entities. There are investors who are giving the order to their funds this morning to buy or sell thousands of ounces of gold in a single shot. Most folks who are collectors/investors are not in that category. What is needed for some is a "life coach", sponsor, pastor, or other competant professional to guide the investor through their current financial position into investments that are in keeping with what they are trying to accomplish.[/QUOTE]
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