tag:blogger.com,1999:blog-53246864840716464.post39176463826127435..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Peak Gold?Unknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-53246864840716464.post-29138108051713081142009-10-04T01:54:14.557-07:002009-10-04T01:54:14.557-07:00I find it amazing that no one posting seems aware ...I find it amazing that no one posting seems aware of the porbability that within, oh say 20 years, that several smart people will have figured how to make microbes or algae or someting similar, poop gold. <br /><br /> Just build a large pool, put in the appropriate bug, lots of sun and the appropriate nutrients, dump in sea water, and run a film of the appropriate material on a continuous loop through the solution. when it comes out, peel off the layer of gold, or whatever mineral you want.RealEstateGuyhttps://www.blogger.com/profile/18004113361843794058noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-34842583460820232142009-10-03T08:15:44.847-07:002009-10-03T08:15:44.847-07:00Anonymous.... please use all your capital to SHO...Anonymous.... please use all your capital to SHORT THE CRAP out of gold... and then, sit back up shut up. I'll be passing you in the bread lines... idiot...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-58735437557081876442009-10-02T18:30:24.721-07:002009-10-02T18:30:24.721-07:00The mining and refining of gold has only one purpo...The mining and refining of gold has only one purpose: To make the women of this world more beautiful and to keep marriages more stable via wedding rings. The ultimate reason why gold is valuable is very simple: women like it. Since women are more valuable than men (a women produces a few hundred eggs during her life while a men produces literally trillions of sperms - this shows why a women is intrinsically more valuable than men) and men intuitively know that fact, they have to accumulate gold in order to survive genetically. Gold is a symbol of immortality and men can survive only by attracting a women. <br /><br />This is in my opinion the deeper truth about gold. All the other nonsense published about gold does not even come close to the real truth.<br /><br />Gold is a symbol for wealth. Wealth is ultimately about survival in time. This does not only include freedom from hunger, protection from the elements, it also includes the ability to transmit our own genes into the future. Gold is related to all of that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-46646294876511470322009-10-01T10:57:55.607-07:002009-10-01T10:57:55.607-07:00Fantastic world mining chart - is it possible to g...Fantastic world mining chart - is it possible to give a larger version as the detail hardly readable. TX for a great blog.<br /><br />Cape Town South AfricaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-65713368841107268782009-10-01T10:43:18.590-07:002009-10-01T10:43:18.590-07:00Yes, -by all means! Keep a few gold coins on-hand...Yes, -by all means! Keep a few gold coins on-hand for the baby-sitter to pilfer, Big Spender.<br /><br />It's funny how that yellow stuff always seems to go missing.<br /><br />As for the many and all too predictably complex ways the racketeering con-artists and the syndicate bagmen who've set up shop -and- their card tables out on Wall Street in New-York-City -claim they have for you to invest in their gold investment instrument -without all the bother of having to -dirty- your soft little hands on any of the real heavy stuff, -you're definitely way out on a limb there -and all on your own, Sweetheart.<br /><br />Read the prospectus -for an eye looking for what's in it for YOU, Mr. Buffett.<br /><br />No. It's not expensive to maintain, protect, secure or insure a huge pile of gold bullion. There are people out there that will do it for free! Really!<br /><br />These gold-schemes are all much older than the fable of King Midas, and twice as predictable. <br /><br />You get to give them your -cash- money for common and inexpensive -promises- about the riches of gold written on a piece of plain paper, transmitted to you by electronic one and zeros, or that you simply get to see -once- stuffed into a brown paperbag -though you are told never to open such a bag.<br /><br />Dividends? No! Don't be silly, Dr. DeMedici.<br /><br />Gold don't pay no dividends.<br /><br />You have to be passive to make money with gold! <br /><br />Just hand over your money -and sit back and relax. You own a piece of paper that says you own gold. What the hell could be better than that?<br /><br />If the gold racketeers are making money, they spend it on -advertising- -advertising meant to attract more people to the craze -so they too buy into gold tokens, shares or instruments of gold deceit, and they too drive up the price a little higher.<br /><br />And when the price of gold crashes?<br /><br />Don't even think such a thing!<br /><br />No one ever thinks of -shorting- gold to the rafters, -unless -that is- they know something YOU don't.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-50268476002807262152009-10-01T10:12:49.396-07:002009-10-01T10:12:49.396-07:00HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA...HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!<br /><br />Peak Gold!<br /><br />HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-85068051311658505572009-10-01T09:17:49.359-07:002009-10-01T09:17:49.359-07:00The real headline is "Peak Energy, Peak Resou...The real headline is "Peak Energy, Peak Resources." The world is entering a long-term bull market in energy and material resources that will remain permanent until overcome through technological innovation, which is not yet on the horizon. While world population is stabiizing and we aren't facing a Malthusian crisis due to over-population as yet and probably won't, the pace of development is increasing demand for limited energy sources and finite resources.<br /><br />Of course, prices are volatile, and there will be some wide swings. But the overall trend is pretty clear, and savvy people like Jim Rogers are advising to buy on pullbacks.<br /><br />I am also bullish on gold for the simple reason that Asia is becoming much richer and will be the dominating emerging region going forward. Asians are savers and they traditionally love gold as having the most "moneyness." Look to Asia to gobble up gold as its preferred way to store value.<br /><br />I would be very wary of paying attention to goldbug investment advise, however. These people have one-track minds. In addition, government do attempt to control gold prices, since gold's ultimate moneyness is a brake on the fiat currency regime that prevails in the global economy.<br /><br />But overall, it seems that gold has a place in a diversified portfolio, with the percentage varying based on monetary stability. Look at the overall trend since 1971.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.com