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Yeah, and? I think it's up in Thailand Baht too. So what?

You cannot compare the US to Argentina and Zimbabwe. I'm sorry, but you can't. I know you'll say you can, but nah.

I've got 80+ acres of farm and hunting land in West Virginia. Come visit me, I'll put you to work as the mechanic that keeps the solar panels and well running. You get to eat :)

You tell it to them. Like the crowd is always right? Today is a perfect example of what I mean. Panic in the streets, all manner of risk is being sold. Gold SHOULD rally. Does it? No, it takes a $20 (at the moment) cliff dive as people liquidate anything and everything.

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http://www.guardian.co.uk/business/2010/may/14/nicolas-sarkozy-threatened-euro-withdrawal Apparently at one point in the bailout negotiation, Sarkozy threatened to leave the Euro. :)

Perhaps. I'll keep an eye on him. For the moment, i've deleted his link and will warn him.

Algos overrun with volume. HAL9000 has no idea what to do!

Ack! Run for the hills!

1. I never called you silly. 2. I never stated I'd take a cow. SOME fiat money system will continue to "work". It might be next to worthless, but it will continue to be the medium of exchange as everything else will be illegal. As to all your other examples, I agree, and never said...

Gold and silver make great barter when they were used as money (without a fiat system). They are not great barter when one has no secure food source and the world has gone mad.

Are they, now? When? Why? What will be the catalyst?

What's trash talk? I'm serious. Bring on the civil war. The OP's thread says "the new civil war begins". I say bring it on. I'd love a split, as conservatives who believe in smaller government would hopefully be left to their own devises, while socialistic democrats could have their own...

You're certainly allowed to have convictions that back your positions. If you didn't, I'm not sure what kind of a trader you would be. I think you'd better be well hedged.

Bring on the civil war. The conservative, right wing, GOP, NRA member populace versus the liberal, left wing, ACLU, anti-gun crowd. Get your bets in right now on who wins the war.

+1

I disagree. The mercantile system of grocery stores, warehouses, trucking, manufacturers, growers, etc., are not going to be able to accept gold for payment. You won't be able to exchange gold at your local store because it won't be set up to handle it. It will also probably be illegal to do...

No, but you can exchange dollars for goods and services. You can't with gold. I'm done debating you. It's a waste of time.

I was waiting for the catastrophe argument. I'm curious. Do any of you gold bugs think that if the entire system comes crashing down that having gold will do anything for you? Do you think you can go to the store and exchange gold for food? Can you plant it in the ground and reap the fruit...

They're trying to do the right thing in that regard, but it'll never work. Even if it somehow manages to get past the populace without them burning the country to the ground, it essentially ensures a double dip recession. What about when the ECB gets ready to hike rates next year? More fun!