Forum Archive Index - May 2002

["tonysw" <tonysw@xtra.co.nz>]

I mean what's new ...quote complete collapse of commerce'.
Some years ago, one of the worlds wealthiest families made deposits of gold
around the world for such an occasion. From memory it was about 1987 in NZ
and the gold deposit was by way of Australian gold coins.
----- Original Message -----
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, 31 May 2002 0:09 a.m.
Subject: Re: [sharechat] Gold


> Hi tonysw,
>
> >
> >
> >Slanging match....why not!
> >
> >
>
> Nothing like a bit of pot stirring is there tony?  I reproduce below
> the comment from the main author of the aus.invest FAQ, Travis
> Morien, when he got into a similar exchange on the future prospects
> of holding gold:
>
> "I'm not flaming you but you probably will get offended anyway."
>
> "I have always found goldbugs nutty and paranoid, with their constant
> talk of the complete collapse of commerce."
>
> "I have this image in my head of some guy with tissue boxes on his
> feet, latex gloves and a face mask going down to the local post
> apocalyptic store and trying to chip little flakes of gold off his bar
> in order to buy bread."
>
> "After anarchy sets in a ravenous mob of looters would just pinch
> your bullion anyway."
>
> "I suggest if you are this way inclined you invest in an air raid
> shelter and fill it up with more useful things, like non perishable
> food, warm clothing, advanced weaponry plus plenty of ammo, maps, a
> kayak, petrol and some hardy survival gear.  This will be more useful
> under these economic conditions than a few bars of gold."
>
>
> SNOOPY
>
>
>
>
> ---------------------------------
> Message sent by Snoopy
> e-mail  tennyson@caverock.net.nz
> on Pegasus Mail version 2.55
> ----------------------------------
> "Dogs have big tongues, so you can bet they don't
> bite them by accident"
>
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