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Title: The Price of Gold in the Year 2160
Source:
The Baseline Scenario
URL Source: http://baselinescenario.com/2011/09 ... rice-of-gold-in-the-year-2160/
Published: Sep 24, 2011
Author: StatsGuy
Post Date: 2011-09-24 10:09:09 by lucysmom
Keywords: None
Views: 5385
Comments: 24
It’s become quite popular to talk about the price of gold . . . in blogs, the press, at dinner parties. The latest topic of debate is not about the price of gold as a commodity, but about gold as the one and only king money. The basic argument is that 5,000 years of tradition will overwhelm the tyranny of modern government and the fiat printing press. The barbaric relic will defeat socialism, fascism, Obama-ism, and restore liberty to the world, after a terrible economic collapse in which gold-owning visionaries become fabulously wealthy. Perhaps they are correct—or perhaps not. I don’t know what will happen in 10 years. However, unless civilization utterly collapses (which is what gold hoarders seem to want), the gold bubble will collapse. And I don’t mean the 10 year “bubble” . . . I mean the 5,000 year bubble. This claim might sound crazy, but it’s quite easy to defend, for the simple reason that there is too darn much gold. Gold enthusiasts will note that you can’t just print gold like fiat paper.
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#1. To: war (#0)
Would you ping Capitalist Eric?
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
It's been pointed out to him that Spain, which had hoarded gold, experienced hyperinflation and the crumbling of their nascent empire. France and the 1960's was pointed out to him as well... Apparently he had no cut and paste response at the ready...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
I thought he'd use his generic response - you know - the one about hating and the nanny state.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
LOL. It's not crazy, it's fucking STUPID. If you believe there's "too darn much gold, then I'll buy your gold and silver at current spot-prices (per Kitco.com graphs), with hard cash. How much have you got? Purity? Sizes? Oh, BTW, I'm not interested in "numismatics," any more than I'm interested in collecting baseball cards or comic books... Straight bullion prices are all I'll pay, and only for gold or silver.
To :Skippy, toe-jam, old man Fred Alzheimers Mertz, _jim, loonymom/ming, e-type-jackoff, goober56, Wrek, calcon, dummy DwarF, continental op, Biff, gobsheit and meguro What makes you think I'd be interested in selling to you?
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
You talk down precious metals. You think there's too much gold, and that the price is gonna' continue to drop... What's STOPPING you? I've got cash. How much have you got? Unlike you leftists, I do put my money where my mouth is...
DUMMY DwarF: ...I'm eating a meatball... http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35 I'm not responsible for the stuff you make up. I've got cash. How much have you got? Maybe more than you and that's all I'm going to say about that.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Loonybitch: I'm not responsible for the stuff you make up. You started this thread. You've made plenty of comments indicating what I summarized. Are you now going back on your previous statements? So were you lying then, or are you lying now (again)? Uh-HUH..... LOL. I put up... and you shut up. As it should be. Thanks for playing, liar.
DUMMY DwarF: ...I'm eating a meatball... http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35 What's STOPPING you? For the record, lucysmom has made no comment about precious metals on this thread. Erica is seeing things... Cookies is my guess...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Are you now going back on your previous statements? So were you lying then, or are you lying now (again)? Neither. Your thinking is sloppy and your conclusions are inaccurate.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Maybe he thinks I write the articles I post?
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Well...he wants us to believe that he wrote the crap that he posts...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Pathetic Eric's debating style comes down to "mine is bigger than yours". We're privileged to see such a giant intellect in action.
I guess he thinks that is the only "fact" worth debating.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
And if you don't agree with him he wants you to die.
Your thinking is sloppy and your conclusions are inaccurate. LOL. Nice evasions. Your efforts change nothing. You're a fucking SOCIALIST. Your motto is "gimme, gimme, GIMME!" You're after what you can take from other people- by THEFT from MY wallet. You think capitalism is bad, but you've NO IDEA what capitalism really is. You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. The same is true regarding gold, silver, other precious metals, even commodities... You try to TALK big, but your words expose you as a know- nothing. We'll not even go into the question of whether you WALK the talk... Hardly. While the articles demonstrate a level of intellectual acuity you sorely lack, you too post articles that tend to confirm your idiotic viewpoints. The only difference between you and the moronic articles you post, is that you tend to find articles that exceed your feeble writing skills. Kudos to you, at least for that. Feh. Hardly. Another lie. Economic study is my hobby, but I've neither the time, nor inclination, to turn it into my life. LMFAO... Frankly, I couldn't afford the pay-cut. In my particular line of work, I'm not the best in the world... But it wouldn't be an exaggeration to say I'm probably there with the top 20 real players, in what I do. It's not something I love to do, but for whatever reason, it's what I'm damned good at, and I get paid damned well, for my talent. Oh, some of my work is already published, and there'll be a lot more in the future... but nothing I would ever post here. It'd sacrifice my privacy for absolutely no reason, and it's beyond you, anyway. So really, there's no point. You post here, to boost your feeble ego... I post here, because it amuses me, to bitch-slap your sorry asses. I post some of the ugly truths about you fuckers, and ALL of you losers come running out of the woodwork, to defend your meager existences. Feh. You have NO idea, you empty-headed little moron. NO idea. LOL. Feeling sorry for yourself, old man? Better up your meds, since (by my count) you lost any ability to hold a conversation about a year ago, give or take. I disagree with my wife on a LOT of things, and we're still married, still working together. What I have a problem with, is the parasite-mentality on this forum, where your typical socialist dogma boils down to the following: "what I can't earn through hard work and tenacity, I'll steal from YOU, because I want it, and YOU have it." The socialist parasites need to get off the host, voluntarily or INvoluntarily. There's the EASY way: they get off the host, then there's no problem. If they don't want to do it the easy way, then we'll do it the HARD way, and the parasites will have to be taken off by FORCE. And watching them suffer and die for their stupidity, won't make me lose a wink of sleep... So which are you, Fred? A parasite, or one of the hosts that's feeding the parasites? You're gonna' have to make a choice. SOON. My advice to you? Choose wisely. A funny thing happened last month, Fred... a colleague of mine, who I've not seen for about a year, offered to hire me as his financial advisor (even though he has an MBA as I do)... I was surprised, and laughed, and then asked WHY? He said, "all that stuff you told me last year, has all happened exactly as you said it would! Nothing they were talking about happened, everything you said DID. How did you know?" My answer was, "I study this shit- a LOT. I don't watch TV, I don't listen to the propaganda, I dig through the numbers, and watch for myself." I really don't care what you think; you opinions mean nothing compared to the facts I post. The problem with ALL of you? You think your opinions are worth more than a squirt of warm piss. They're NOT. And THAT is what pisses you off the most. It's YOUR problem, not mine. You're dismissed.
DUMMY DwarF: ...I'm eating a meatball... http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35 She hit the nail on the head. There's no variation to you. There never has been. You've been an advocate for the same non-existing doom and gloom for nearly 10 years. You offer no real solutions and when you're challenged you behave like a child - stomping your feet [via html], holding your breath [I'm not tellin' cuz yer unworthy] and infantile insults [yer stupid and I hope your die]. The only "thing" that you've ever proven, JR, is what every one already knows to be incontrovertible fact: Assholes never realize that they are assholes.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
yOu shOuld knOw, yOu are the pOster child fOr that!
Thanks PeeWee...the next time we need a "I know you are but what am I"...I'll make sure to give you a PING...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
They're NOT. And THAT is what pisses you off the most. It's YOUR problem, not mine. Ummm - what facts? Reading your post, these words come to mind: ...it is a tale "...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
ROTFLMAO!!!!!!!!!!!!!!!!!!!!!!!!!! HISTORY really IS A BITCH isn't it TOOL? ALL fiat "monetary systems" which were used in ALL of human history have FAILED. ALL of them. But as we all know, HISTORY means nothing to gibbering libTURDS! Dear libTURDS, please put your money where you mouths are! You need to buy stocks, and SELL all of your PMs. You should also get into those long term US bonds that pay NEGATIVE interest! I wonder how many of you libTURDS are actually doing what should be done while LYING about what others should do? After all that's a libTURD MO.
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
LOL! You don't own any PMs you phony libTURD TOOL. Maybe the wedding ring from you first and only failed marriage? No, YOU are sucking on the state's tit. There is no way that you can take care of yourself, or that you ever could. How did that green jobs investment work out for you? "Buy high and sell low" is your motto eh TOOL? LOL!
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
. Their libTURD ignorance is INVINCIBLE!, their foulness infinite! LOL! And for GOD'S SAKE don't call them what they ARE! That would be RUDE, and it would make the disgusting little libTURD SCUM cry to mommy. (Of course, THEY get to say anything that they want to.)(They're "special" don't cha know? Just ask them.) FAH! PHEW! Spit ... libTURDISM is a terminal mental DISEASE.
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
. F ing A! Eric you just dominated these dim bulbs, AGAIN! It's kind of like beating up kittens, except most folks like kittens. These morons have no factual basis for anything in their lives. Every instant that they live is in a bubble of delusion that they tend as carefully as they are capable of. NONE of these morons is capable of independent, or critical, or analytical thought. None of these morons has any knowledge or sense of human or Western or American HISTORY. These morons are simpleton beasts set out among the people to feed and mewl in their seething herds, available for harvesting whenever their masters decide the time is ripe. These morons are natural born subjects and slaves, they know nothing about being free men and women. Hell they fear and despise LIBERTY and freedom. Anyhow ... well done!
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
Gold bugs like to talk about how every paper based money has failed (or will fail), but they ignore the equally miserable track record of commodity based money systems.
#2. To: lucysmom, Capitalist Eric (#1)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#3. To: war (#2)
Apparently he had no cut and paste response at the ready...
#4. To: lucysmom (#0)
This claim might sound crazy... there is too darn much gold.
From: Capitalist Eric Message:
You're SOCIALIST morons. ESAD.
#5. To: Capitalist Eric (#4)
Straight bullion prices are all I'll pay, and only for gold or silver.
#6. To: lucysmom (#5)
Capitalist Eric: Foreplay before the president's staff?
#7. To: Capitalist Eric (#6)
You think there's too much gold, and that the price is gonna' continue to drop...
#8. To: lucysmom (#7)
Capitalist Eric: You think there's too much gold, and that the price is gonna' continue to drop...
Capitalist Eric: I've got cash. How much [gold and silver] have you got?
Loonybitch: Maybe more than you and that's all I'm going to say about that.
Capitalist Eric: Foreplay before the president's staff?
#9. To: Capitalist Eric, lucysmom, All (#6)
You talk down precious metals. You think there's too much gold, and that the price is gonna' continue to drop...
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#10. To: Capitalist Eric (#8)
You started this thread. You've made plenty of comments indicating what I summarized.
#11. To: war (#9)
For the record, lucysmom has made no comment about precious metals on this thread.
#12. To: lucysmom (#11)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#13. To: war, lucysmom (#12)
#14. To: Skip Intro (#13)
Pathetic Eric's debating style comes down to "mine is bigger than yours". We're privileged to see such a giant intellect in action.
#15. To: Skip Intro (#13)
#16. To: lucysmom, war, Skip Intro, Fred Mertz (#10)
Neither.
Dumbshit DwarF: Maybe he thinks I write the articles I post?
Well...he wants us to believe that he wrote the crap that he posts...
Skippy: We're privileged to see such a giant intellect in action.
Alzheimer Fred: And if you don't agree with him he wants you to die.
Capitalist Eric: Foreplay before the president's staff?
#17. To: Capitalist Eric (#16)
Nice evasions.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#18. To: war (#17)
Assholes never realize that they are assholes.
#19. To: Lenny (#18)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#20. To: Capitalist Eric (#16)
I really don't care what you think; you opinions mean nothing compared to the facts I post. The problem with ALL of you? You think your opinions are worth more than a squirt of warm piss.
Told by an idiot, full of sound and fury,
Signifying nothing.
#21. To: lucysidioymommy (#1)
Gold bugs like to talk about how every paper based "money" has failed (or will fail),
#22. To: lucysidiotmommy (#5)
#23. To: Capitalist Eric (#16)
(Edited)
#24. To: Capitalist Eric (#16)
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