"Die Soon, Farmer Joe, Please Die Soon"

[sumdumguy]

You know cotton the gold hoarders could lose
everything. Did you live through 1980? Have you
ever heard of confiscation?

Hate to burst your bubble but the chance of the
government sinking without either taxing the snot
out of all of us is slim to none. You may be right
or I may be right. After the depression Cash,
good ol cold cash may be king. We dont know for
sure what will happen.

[cottonpicken]

I could give you hundreds and hundreds of examples
through out history where paper burned and those
holding gold lost nothing.

When countries sail into zones of insolvency their
currencies crash,purchasing power is lost.

[wilagro]

cottonpicken: Most people who own gold do not have the PHYSICAL gold in their possession so its hard to trade that gold for rent or groceries. A bag of wheat or a quarter of beef or a ham or a bag of apples would do more good as an article of trade.

In times of hyper-inflation a good-sized wheelbarrow might come in handy as well to carry the paper money to buy a hamburger or fill your gas tank. So trade your gold for wheelbarrows and away you go...instant success.

[checking]

You would trade all your bling for a match and a bale of paper to keep your stranded ass warm if caught out on the frozen prairie. Test that theory, please.

I just thought that might fit in with the "topic message". (lol)

[ColevilleH2S]

Means to produce something others need, is a
currency all it self. I believe most on this forum have
that one licked.

[hedgehog]

empires come and go, but mealtimes come 3 times a day.
whether in canada, china or the usa

[cottonpicken]

Aaaaahhhhhgggggggrrr.........

Yes you guys are all right,it is the barometer of
currencies and other medians of exchange.

The world could have choose any other median 5000
years ago but it choose gold and a frickin 5 acre
farmer in indian knows its daily price movements
more than schooled market men in north america.

[sumdumguy]

If things got that bad, guns would be the most
beneficial commodity. With a gun, you could
shoot a deer, barter for gold. Oh, but how do I
eat gold? The gun would protect your, gold, food
and family, too.

I guess someone might sell their land for gold. I
guess it does no harm to be prepared for
something that will never happen.

[cottonpicken]

Land as of right now is a better investment than gold
based on historical price ratios.

But if your a greek business man and had a big
portion of your savings in greek bonds even though
you think your an old wise man you where just kicked
in the nuts,and would have lost nothing if you had
any real brains.

And when you look into yours wifes eyes a few years
from now if you say "there was no way of
knowing"you'll be lying through your teeth.

[checking]

You are absolutely correct sum...guy.
Reload material, like lead, will be the most important element. When cotton's future hits, he'll be blasting away at city foragers with silver bullets, after running out of lead.

[cottonpicken]

You oldsters remind me of arguing with my mom.

Have a rock solid opinion,with a zero logic base.

[checking]

That's right. Blame it on mom. After all, she was the one that got you into collecting silver.

[cottonpicken]

Lol,not quite,she didn't even know that coins use to
be made out of silver.

And i don't collect silver,i trade commodity related
instruments.

[sumdumguy]

Real commodity for me- silver, lead and
gunpowder.
I'm in Vegas trying to make enough money to
pay for my order. The seafood buffet at Wynn
and Bellagio are to die for, maybe I will forget the
silver and lead and come to Vegas a week a
month gorge myself on crab legs and huge
shrimp with bowls of butter. Machines pouring
out the loot. Casinos comping for everything.
Now thats commodity marketing, learning a lot
about marketing here.
Cha-ching!

[cottonpicken]

Buy a condo and i'll go havesies with you.