When asked about the possibility that central banks, including China, might start buying gold, he opined, "If they decide to diversify, we assume into gold, then we start to talk about a trebling or quadrupling of the gold price.
<< <i>Sounds great but I don't know if I want to be living in that kind of world. Some serious sheit must hit the fan for this to happen. >>
IMO, you are living in that kind of world. Gold went well over $800 back in 1980, $2300 inflation adjusted for todays' dollars, the world did not end then.
I can remember my dad dancing a jig with a glass of Chivas in his hand and a 3lb Folgers coffee can nearly full of gold (~1300 ozt) sitting on the cookhouse table. I was a sophomore in highschool and the family business was placer gold mining.
buffalonut
Posts: 213
Comments
what does trebling mean?
it means three or tripling
<< <i>ever fish with a "treble" hook? >>
Sure have
<< <i>Sounds great but I don't know if I want to be living in that kind of world. Some serious sheit must hit the fan for this to happen. >>
IMO, you are living in that kind of world. Gold went well over $800 back in 1980, $2300 inflation adjusted for todays' dollars, the world did not end then.
I can remember my dad dancing a jig with a glass of Chivas in his hand and a 3lb Folgers coffee can nearly full of gold (~1300 ozt) sitting on the cookhouse table. I was a sophomore in highschool and the family business was placer gold mining.
<< <i>
what does trebling mean? >>
My radio has terrible trebling and hardly any bass.
<< <i>
<< <i>
what does trebling mean? >>
My radio has terrible trebling and hardly any bass. >>
Are we talking about fishing again?