Petrodollar further analysis

Troy Benjegerdes hozer at hozed.org
Tue Feb 23 17:22:45 PST 2016


On Tue, Feb 23, 2016 at 08:45:47PM -0300, juan wrote:
> On Tue, 23 Feb 2016 17:32:00 -0600
> Troy Benjegerdes <hozer at hozed.org> wrote:
> 
> 
> > If you are betting on gold someone out there will be happy to 
> > relieve you of your value.
> 
> 	Sure. Look at how gold keeps going down. The price of gold has
> 	gone all the way DOWN from $20 in 1934 to $1200 at the moment.
> 	With even LOWER peaks.
> 
> 	Gold is going down when measured in your americunt dollars eh
> 	Troy? Troy - sounds a bit like an ironic name in this 'context'.

Yer funny, buying high priced tulips during the mania.

If you bought a farm in 1910 for $45 an acre it'd have
been $10,000 a couple of years ago.

The petrodollar has come, and the petrodollar will go,
and y'all are going to eventually want to eat. If we're
lucky food can be bought with crypto. If not I suppose
we better all learn chinese.



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