Debt dependent deflation is coming.

(Uranium is arguably the most politically useful metal.)

should tomorrow morning we wake up and everyone has done the buying and selling necessary to realize any of these gold prices, that would be fantastic! but none of them seem feasible to me, except over long periods of time, and in situations where people buy nothing but gold!

how long?! and no food?!

let there be a future-of-gold function, F(i), where i is the set of inputs from today’s market. F calculates a potential price of gold; an appraisal of the upside. for every calendar day in history, T, compute F (you’ll need a history of all of the i’s)!

if the output from F is a price that gold HAS reached on date D, then subtract the dates (D-T), to see how long it took, L. plot the data point . if it HASN’T ever made it there, then that’s what we scientists call not-even-wrong! which is ok! you just don’t plot it.

now use the NEXT indicator and call it F’, do the same thing, plot . in fact, plot them all together in a 3d chart (those look sexy).

so, if the gold/dow ratio is so venerable, then it should set the standard for how big your L should be! you can design new F’s with it! and if they don’t actually come up with T’s and L’s at all, then they’re probably not even at this party!

whee! this econometrics stuff is easy!

Why else would he spend all that time in his bunker? Hey! Wanna really yank his chain? Next time he’s spotted hastily retreated to his bunker (due to some perceived threat, probably from his wife for squandering his gold, silver and oil), spray paint the periscope lens as he raises it to take a peek around the neighborhood. It’s great fun.

Now when you are talking about actually, truly preserving your labor against a soft, and I mean literally soft as in you make-up-the-rules-as-you-do-what-yur-foresight-of-a-mole-fiat-printing-FOOLISHNESS-wants currency worshipping society… then sure… don’t buy gold. You’re only disrupting my immediate physical supply, chump.

Silver too, babycakes.

How’s that real estate/bond/stock/money market treating you, CHUMP?

Many other financial advisors push financial investments that they themselves do not own or have sold/plan on selling via a pump and dump.

The Mogambo has mentioned that the time will someday come to sell gold for extraordianary profits when high inflation, bordering on hyperinflation, is the norm.
Unlike most goldbugs, The Mogambo knows there will be a time to trade gold for the new currency (hopefully one backed by gold) all the while gold has acted as the best form of money-a money that Held Its Value, which is what money is supposed to do, not lose its value over time like Fiat.

Junior Mogambo Ranger Counter Arguement:

Google Edible Gold Leaf
or
Edible gold leaves

This should be the snappy comeback to those who try to claim that gold can’t be eaten.
(Though I prefer to exchange gold for food instead of treating gold as food.)

It is of course interesting to know that gold and silver can be used as food if need be (after it has been properly prepared, turned into leaf or foil.)

Did I mention that there is LESS Silver Than Gold On The Face Of The Freaking Planet Earth (LSTGOTFOTFPE)?

And that, Unlike Gold, Silver Has Extensive Industrial Use (UGSHEIU)?

That CONSUMES IT, because Perfect Recycling Is A Freaking Dream (PRIAFD)?

Anyway, the first argument, namely LSTGOTFOTFPE, should suffice to anyone with half a brain.