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GDAY2U
08-10-2011, 08:51 AM
I really don't like dissin a seasoned citizen but Buffet is off his rocker. He thinks government paper is a better bet. He must not have looked at his statement lately. They are paying several percentage points less than inflation, a guaranteed loss for you ,you old codger.

GetZeeGold
08-10-2011, 08:55 AM
Amazing how people travel miles down into the earth and lose their lives for something so worthless.

Where's the freakin nanny state when you need it......someone really should stop those people. :cool:

TigerEye76
08-10-2011, 09:12 AM
You can't light a cigar with gold.

Silver and Gold
08-10-2011, 09:13 AM
As Ron Paul said today on cnbc its scary to think how much faith the world has in the dollar(fiat) that is backed by nothing and how much they hold.

GetZeeGold
08-10-2011, 09:15 AM
You can't light a cigar with gold.

Man's got a point.


Can I use that?:D

Silver and Gold
08-10-2011, 09:19 AM
You can't light a cigar with gold.


Wrong Bars make great door stops and paper weights. I also use them to hold my pool cover down.

SevenBeans
08-10-2011, 09:23 AM
Gold is good for making crowns... not joking.

Silver and Gold
08-10-2011, 09:23 AM
Also the 1/10 oz coins look great in the treasure chest at the bottom of my 125 gallon fish tank.

Carpenter
08-10-2011, 09:58 AM
Gold has (no) utility
I really don't like dissin a seasoned citizen but Buffet is off his rocker. He thinks government paper is a better bet. He must not have looked at his statement lately. They are paying several percentage points less than inflation, a guaranteed loss for you ,you old codger.

I missed this




Press releases: June, 2011
Gold is used in diesel catalytic convertors to meet emission targets

First gold-based emissions control technology in commercial production with potential to reduce emissions by up to 30%


Gold is an industrial metal.
Who knew?

plata'y'oro
08-10-2011, 10:04 AM
I think GOLD is used best when you look at your stack and how it makes you feel.
SECURE and SMART.
;) :D:D:)

humpty
08-10-2011, 10:19 AM
I bet Soros is kicking himself.

Silver and Gold
08-10-2011, 10:21 AM
I dont think so. I am sure he went from paper to physical

TwoHorses
08-10-2011, 10:51 AM
In reality, what has utility? If you assume we will all be dead sometime, nothing really matters. So, I don't mind having a little useless gold. It amuses me that it is so heavy.

Taxed2Death
08-10-2011, 10:57 AM
It's utility is in coins and jewelry. It never corrodes, and is very malleable. It's also very hard to counterfeit.

GDAY2U
08-10-2011, 11:04 AM
WB has a different set of definitions I reckon, what does utility mean.....must have took some pointers from Clinton. He had a lot of off color definitions and used some odd props.

SilverSlug
08-10-2011, 11:52 AM
I bet Soros is kicking himself.

According to GB , Sorass still has 400 tons left. So I think he may be in good shape.