Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
The price of gold and what it's telling us?
>
Reply to Thread
Message:
<p>[QUOTE="LEG END, post: 1024397, member: 26139"]If gold goes to 2,000 an ounce, you can expect that you will be able to buy very little of other "stores of value", like land, houses, and-stuff at Wal Mart. My wife noted six months ago that Wally World was stocking less canned goods and fresh meats and produce. I dismissed it as her being overzealous when watching this economy tank. Then I went to the store with her, one trip. Sure enough, if you go to Wal Marts now, you will see it as well. They say it's too costly to get stuff to market and so they are slowing down the restocking. But I read a story that US companies are also gunshy, and they are sitting on hundreds of billions of dollars in currency. I also read that large companies are also carving up the gold market. I am not a fearful person, but I gotta say this is worse than in the seventies when jobs tanked. I was going to leave it alone with others having said things do deftly, but these days call for a dramatic rethinking of this economy. We buy four weeks of food at a wack. What if supplies really got interrupted? Not beyond the realm of possibility. And worse yet, no matter the mid-terms, the same fed is in place and we lose. So we buy gold and silver. I think everyone is waiting for the hammer to fall, and I also think unemployment exceeds Depression Era, and they are not telling us. Back in the eighties there was hope for deliverance from our government. That sense of optimism was eviscerated once the change we recently voted for became visible as the same machinery as the Republicans, just with a different paint scheme. Isn't is the height of irony that for centuries Keynesian economists used Red graphs to indicate a failing profit profile? Back in the sixties didn't the Democrats use red as their color? Deliver us from supply side theory, please.[/QUOTE]</p><p><br /></p>
[QUOTE="LEG END, post: 1024397, member: 26139"]If gold goes to 2,000 an ounce, you can expect that you will be able to buy very little of other "stores of value", like land, houses, and-stuff at Wal Mart. My wife noted six months ago that Wally World was stocking less canned goods and fresh meats and produce. I dismissed it as her being overzealous when watching this economy tank. Then I went to the store with her, one trip. Sure enough, if you go to Wal Marts now, you will see it as well. They say it's too costly to get stuff to market and so they are slowing down the restocking. But I read a story that US companies are also gunshy, and they are sitting on hundreds of billions of dollars in currency. I also read that large companies are also carving up the gold market. I am not a fearful person, but I gotta say this is worse than in the seventies when jobs tanked. I was going to leave it alone with others having said things do deftly, but these days call for a dramatic rethinking of this economy. We buy four weeks of food at a wack. What if supplies really got interrupted? Not beyond the realm of possibility. And worse yet, no matter the mid-terms, the same fed is in place and we lose. So we buy gold and silver. I think everyone is waiting for the hammer to fall, and I also think unemployment exceeds Depression Era, and they are not telling us. Back in the eighties there was hope for deliverance from our government. That sense of optimism was eviscerated once the change we recently voted for became visible as the same machinery as the Republicans, just with a different paint scheme. Isn't is the height of irony that for centuries Keynesian economists used Red graphs to indicate a failing profit profile? Back in the sixties didn't the Democrats use red as their color? Deliver us from supply side theory, please.[/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
>
The price of gold and what it's telling us?
>
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...