Homestead mailing list

[bobf <bobford79 AT yahoo.com>]

Bev, you have certainly mis-understood me.  I am 'not' a gold bug.  I have 
argued their point; because it is 'one' point in a very bad scenario.  I have 
also wriitten that a lot of the really well-known (and very smart) gold-bugs 
are considered 'nuts', by those who don't share their opinions.

I have always believed that a person should keep a "very small" portion of 
their investment portfolio, in gols, as a hedge against inflation.  But, that 
is 'after' you have bought ahead the necessitties of life.

Much of the discussion of 'gold' is just thinking aloud of the theroies of 
the 'goldbugs' and wondering of this time, they could be right.  I don't know 
if you have any Jewish friends.  If you do, ask them if they will put a piece 
of gold on their child if sent on a long trip without them.  All of the ones 
I know, and have known, attach almost a cultural significance of protection 
with that metal.  

I 'agree' with you; 'not' disagree.  Now, there are times when someone 
believing that things might become really bad and they might have to leave 
their home, would want to carry currency to buy their beans, rice, shelter, 
etc.  Sometimes the currency preferred is 'gold'.  

How liquid is land?  How well how land held its value?  The primary reason 
for 'my' losses is because I have always believed in 'land'; "property'.  
Things change, Bev.  Sometimes in ways that are confusing................


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--- On Wed, 12/24/08, EarthNSky <erthnsky AT bellsouth.net> wrote:

> From: EarthNSky <erthnsky AT bellsouth.net>
> Subject: Re: [Homestead] More on Gold
> To: bobford79 AT yahoo.com, homestead AT lists.ibiblio.org
> Date: Wednesday, December 24, 2008, 8:30 AM
> Here is a thought for you "Gold" collectors...
> 
> I don't have gold.
> I don't know anyone around me who has gold.
> There are some rather wealthy people around, but their
> wealth is in
> land, not gold.
> 
> Bob, you mention that gold has potential to purchase things
> of
> value,,,,I can tell you right now, that ITSHTF (and this is
> the case you
> are talking about), the last thing I would trade for would
> be gold.  I
> guarantee you that I would have whatever it is that you
> need, and yet, I
> would not trade you.  Gold would do me no good.  It's
> about as good as
> confederate money in these parts-it has about as much value
> in my world.
>  If I took it from you, then I would be stuck with it,
> because no one I
> trade with would take it.
> So there you'd be, walking around with your gold,
> looking for someone to
> trade with, looking for someone who values gold the way you
> do.  In
> order to do this, you must ask, make offers, etc.,
> basically announce to
> the world that you have gold to trade.  In doing that, you
> make yourself
> a target for those whom you seem to fear the most-the
> rampaging,
> marauding sheeple working class/underclass, because they
> have lived hand
> to mouth in the city, and they, too, value the gold the way
> you do.  The
> lust for it has been conditioned in people.  They will want
> your gold
> because they mistakenly believe as you do, that it will
> improve their
> situation.  After all, it would have in the past, and they
> think it will
> be the same in the future.   It is just ironic that the
> very thing you
> save and invest in, is the very thing that will lead you to
> your fears.
>    Because the sheeple of the world, don't see much
> value in my mason
> jars full of dried beans and seeds, but they do see that
> shiny gold
> brick of yours.
> 
> I would think that the only folks willing to trade for gold
> would be
> other formerly wealthy city people who have stocked up and
> hoarded
> supplies.  Those guys would be well entrenched, and if you
> didn't know
> and make arrangements before TSHF, good luck on finding and
> dealing with
> them afterwards.  Most likely, they will be the targets of
> those
> revolting hordes of sheeple, and once they are gone, the
> sheeple will
> turn to you and others who seem to be wealthier than they
> are.  Again,
> no one will make the mental adaptation that gold no longer
> has value
> when it comes to survival skills.
> 
> Anyway, I just wanted to give people something to think
> about.
> 
> Bev
> 
> 
> 
> 
> 
> bobf wrote:
> > Ray, your line of thinking is not just prudent; it is
> smart.  The primary value of holding gold or any other
> currency is for its potential use to purchase things or
> services of value , some of which
> >  you have listed.
> > 
> >
> --------------------------------------------------------------------------
> > 
> > 
> > 
> > 
> > --- On Wed, 12/24/08, rayzentz AT aim.com
> <rayzentz AT aim.com> wrote:
> > 
> >> You know, until recently, I was planning on buying
> more gold, but figured it was more prudent to stock up on
> items that may not be available..., food, firearms, ammo,
> tools,etc. Those may be of more
> >>  value than gold, and much more readily
> "spendable"
> >> 
> >> Ray
> 
> 
> -- The true significance of Sacajawea's involvement in
> the Lewis & Clark
> expedition is that it was the first documented trip in
> history where men
> asked a woman for directions and followed them, allowing
> them to arrive
> at their destination.