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Paper Becoming Worthless Unless Backed By Gold
House Price Crash forum
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Gold and other precious metals
Pluto
Oct 7 2007, 06:43 PM
Here we go. It has started.
Paper instruments are beginning not to be trusted unless backed by something tangible.
http://www.telegraph.co.uk/money/main.jhtm...cnhambro106.xml
newbie
Oct 7 2007, 06:49 PM
QUOTE(Pluto @ Oct 7 2007, 06:43 PM)
Here we go. It has started.
Paper instruments are beginning not to be trusted unless backed by something tangible.
http://www.telegraph.co.uk/money/main.jhtm...cnhambro106.xml
The bond sounds like a pretty good deal.
DissipatedYouthIsValuable
Oct 7 2007, 07:03 PM
QUOTE(newbie @ Oct 7 2007, 07:49 PM)
The bond sounds like a pretty good deal.
Here's our next bubble in the making.
Click to view attachment
About to enter the mania phase?
Goldfinger
Oct 7 2007, 07:12 PM
QUOTE(DissipatedYouthIsValuable @ Oct 7 2007, 08:03 PM)
About to enter the mania phase?
Not too fast please. I need more ounces!
wrongmove
Oct 7 2007, 07:25 PM
QUOTE(DissipatedYouthIsValuable @ Oct 7 2007, 08:03 PM)
Here's our next bubble in the making.
Click to view attachment
About to enter the mania phase?
Somewhere between awareness and enthusiasm, I would guess. That still leaves plenty of time for greed and delusion!
domo
Oct 7 2007, 07:41 PM
QUOTE(wrongmove @ Oct 7 2007, 08:25 PM)
Somewhere between awareness and enthusiasm, I would guess. That still leaves plenty of time for greed and delusion!
If your right you can transfer that gold thread to its own forum on its own domain
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