cash for gold

[WDIK]

dont its a clever con trick.
very simpley, its not illegal, but why suddenly does everyone want gold?

its like this, the world financial ecconomy has suffered a collapse as we all know.
but, what the world financiers know, is that monetary value of cash is set to plunge.
why does that matter?
well those who really own the planets wealth, see their assets potentialy halve in value overnight.
meanwhile in real terms the value of gold remains constant, if not increasing.
remember germany after the first world war? the bank notes were worth more as fuel to burn.

think money you receive for gold will be wort less next week,
the price of gold is not going up!!
the value of currency is going down.

 

[namsag]

ADVERTISMENT.
Does your wife or girlfriend have any unwanted gold jewelery?.
Chains? Rings? bracelets? earings?

If so ......Give her a feking slap the ungrateful bytch

 

[TheOriginalTonkaToy]

It's actually more to do with a recent increase in demand for gold for industrial processes and a corresponding hike in prices than the collapse of the monetary system.

Mind you, they're going to have to do something about the capitalist system sooner or later. You can't have continuous growth with finite resources.

 

[Nige F]

It's actually more to do with a recent increase in demand for gold for industrial processes and a corresponding hike in prices than the collapse of the monetary system.

Mind you, they're going to have to do something about the capitalist system sooner or later. You can't have continuous growth with finite resources.

Well Fascism+ Communism didn`t do too well in the 20th. Century either

 

[TheOriginalTonkaToy]

Well Fascism+ Communism didn`t do too well in the 20th. Century either

Who mentioned fascism and communism? All I said was that capitalism isn't a sustainable model.

 

[Trazor]

The amount of cash you receive, will be CONSIDERABLY less than its worth.

 

[WDIK]

Well Fascism+ Communism didn`t do too well in the 20th. Century either

thats on account one's economic model was based on state capitalism, and the other?

was based on state capitalism

 

[TheOriginalTonkaToy]

The amount of cash you receive, will be CONSIDERABLY less than its worth.

Well duh!

 

[olly_k]

All I said was that capitalism isn't a sustainable model.

It is perfectly sustainable if you let things go bust when they are supposed to. What we have now is a sort of socialist capitalism where the government bails every bugger out which gives completely the wrong signals.

It worries me that anticapitalists will actually get heard if this goes on because when the REAL crash comes

 

[TheOriginalTonkaToy]

Capitalism isn't sustainable in the long term whether you let institutions/businesses go bust or not. As an economic model it requires continuous growth and you cannot have that with finite resources.

Whatever it turns out to be, we are going to have to have a new economic model at some point in the future.

 

[Thermo]

well its lasted for a fair few hundred years

 

[TheOriginalTonkaToy]

well its lasted for a fair few hundred years

Yup, but it's ultimately doomed. Given the rate of population and economic growth, coupled with the additional demand on resources that implies, it can't be that long now really.

 

[cmother1]

The amount of cash you receive, will be CONSIDERABLY less than its worth.

They had two 2nd hand gold dealers on the radio a few days ago. One had been doing it for decades and the other was a new kid on the block from one of the companies that advertises heavily on TV. Not surprisingly the TV bloke gave the worse deal - 60% of market value is the very best you can expect because you're paying for the advertising overhead (and he's probably a greedy little spiv to boot). The traditional dealer offered around 90% of market value and lived comfortably on the margin.
However.... The TV bloke is launching a 100% internet based service called something like Monster Gold which will pay up to 93%. Now.. if I can just work out how to get that old bracelet down the broadband line?? Might need the help of Captain Kirk with this one...

 

[Thermo]

think quite a few people have said that over the hundreds of years the free econpmies have been running and theyve all been wrong and nothings changed

 

[TheOriginalTonkaToy]

think quite a few people have said that over the hundreds of years the free econpmies have been running and theyve all been wrong and nothings changed

Maybe, but apply a little thought to today's world. It's a lot different