haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The strangest thing about the recent selloff to me is how gold is going through the roof, but crude is almost going through the floor.
Are we going to run short of gold? Not hardly, unless by this is meant the price is higher to hoarders. Can society run without crude? Obviously not. Can society run without gold? Obviously it could.
In the 18th century monarchs needed gold to fight wars. Today and for most of the prior century, governments need oil to fight wars.
Is this just one more example of mass delusion, or can someone think of a rational reason for this relative pricing?
Commodities - Gold prices, Silver prices and more from CNNMoney.com In case someone may feel that this is a scantily clad link, here are the clothes- it's today's prices for the above mentioned commodities and even a few more. I bet no one knew that.
Ha
Are we going to run short of gold? Not hardly, unless by this is meant the price is higher to hoarders. Can society run without crude? Obviously not. Can society run without gold? Obviously it could.
In the 18th century monarchs needed gold to fight wars. Today and for most of the prior century, governments need oil to fight wars.
Is this just one more example of mass delusion, or can someone think of a rational reason for this relative pricing?
Commodities - Gold prices, Silver prices and more from CNNMoney.com In case someone may feel that this is a scantily clad link, here are the clothes- it's today's prices for the above mentioned commodities and even a few more. I bet no one knew that.
Ha