the price of gold

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turk
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Post by turk » Sat Oct 30, 2010 6:36 pm

ruckman101 wrote:Did I mention a time frame? No. A tipping point? No. Imminent collapse? No.

The wonders you attribute to capitalism are certainly grand leaps of unsubstantiated faith on your part.

I was merely observing that a model based on growth will eventually collapse because growth cannot be sustained into infinity.

The disparity post was an effort to point out that what you were calling gibberish is actually a disparity. Different words and definitions, and totally unrelated to my second post.

Gibberish is how many of your posts read to me. Now the above post is an example of a non sequitur or gibberish, take your pick.


neal
Likewise, I didn't mention infinity. U THINK THAT SHOULD BE A STANDARD? :-D I suggest the Carlin vid. U bet capitalism is good 4 Ya'. Would U be arguing if it weren't an idea in the first place? No sorry, there's no real reason to change it to some other system with no track record of success to point to, rather failures. I'm open to hear it if U have though. I'll bet the ranch that won't B. :-D

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ruckman101
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Post by ruckman101 » Sat Oct 30, 2010 6:39 pm

So much for brainstorming. Stick with the dogma.


neal
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ruckman101
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Post by ruckman101 » Sat Oct 30, 2010 6:53 pm

Here's your hard science turk.

http://en.wikipedia.org/wiki/Exponential_growth



neal
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Post by turk » Sat Oct 30, 2010 6:56 pm

ruckman101 wrote:So much for brainstorming. Stick with the dogma.


neal
Right. Dogma is repeating yerself even in the light of contrary facts. SUCH AS THE OBVIOUS ONES I LISTED ABOVE WHICH YOU, AS A CONSUMER, ENJOY IN YOUR LIFESTYLE. That would be the definition of insanity as well. I don't think yr insane though. Scared of the future maybe. I am too. Probably 'cause no one really "knows" it. Meanwhile, the present is sweet, and the past is cool compared to now. I don't buy this analogy: past: fear ; future: hope ; present: sucks. Well maybe : future: hope. I don't think there's another sane way to assess THAT.

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turk
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Post by turk » Sat Oct 30, 2010 7:04 pm

ruckman101 wrote:Here's your hard science turk.

http://en.wikipedia.org/wiki/Exponential_growth



neal
if U have a real point, make it in yr own words. I'm on a cell-phone. I don't generally take Wikiapedia as a reliable source of info for what should be obvious reasons. It's the lowest demonenator of real info.

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ruckman101
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Post by ruckman101 » Sat Oct 30, 2010 7:05 pm

Math is math, unless it's arithmetics.



neal
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turk
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Post by turk » Sat Oct 30, 2010 7:28 pm

ruckman101 wrote:Math is math, unless it's arithmetics.



neal
the main problem with yr graph is reality doesn't follow linear paths. Trees, the climate, civilization, wars,the economy, etc., all diverge from linear to elliptical, largely unpredictable patterns in their respective realms. That template is grossly generic.

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turk
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Post by turk » Sat Oct 30, 2010 8:13 pm

Somehow I put U on "my ignore list". Must be my fat thumbs on the vertical keyboard. That's not me. I'll never "ignore" anyone. That's 4 the little closed-minded. :-D

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Post by Ashtarot » Sun Oct 31, 2010 11:35 am

ruckman101 wrote: God has value only to those who are able to accumulate wealth from the labor of others.


neal
Silver is my choice.

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ruckman101
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Post by ruckman101 » Sun Oct 31, 2010 1:13 pm

Silver linings?

Actually, isn't the US dollar based on silver rather than gold?


neal
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Post by denjohn » Sun Oct 31, 2010 2:50 pm

The US $ is based on nothing since we went off the gold standard in the Nixon years, 1971 IIRC.
Today the notes are backed only by the "full faith and credit of the U.S. government"......mmmmm.
It is a colored piece of paper, a fiat currency.
This is why some folks see gold as a form of wealth protection.
Gold may be the last man standing as all the paper currencies of the world race to the bottom.
Peace
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ruckman101
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Post by ruckman101 » Sun Oct 31, 2010 3:05 pm

Perhaps, but you can't grow vegetables with it.


neal
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denjohn
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Post by denjohn » Sun Oct 31, 2010 3:15 pm

But you can w colored pieces of paper?
And if you can, that gold can be exchanged for a lot more of those colored pieces than in the past.
In 1971 gold was worth $35/oz, today it is $1,360/oz. (in case any are wondering, that is not a typo)
Peace
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Post by Ashtarot » Sun Oct 31, 2010 5:18 pm

denjohn wrote:But you can w colored pieces of paper?
And if you can, that gold can be exchanged for a lot more of those colored pieces than in the past.
In 1971 gold was worth $35/oz, today it is $1,360/oz. (in case any are wondering, that is not a typo)
And the average income was 4 bucks an hour
Gas was .35 a gallon
The numbers have changed,
But the rates are basically the same.

What has changed is you have choices,
You can spend 4 dollars or 75 cents for a cup of Joe
You can buy a track house that's average or you can sell your soul for a
McMansion.
It's our choice, be average "'low class" or pretend that your somebody.

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Post by glasseye » Wed Nov 10, 2010 10:11 am

turk wrote:
Ashtarot wrote:
glasseye wrote:I hereby submit to the administrators that turk's username be permanently, unilaterally and irretrievably changed to "nonsquitur"
What a way to start the day, with a brilliant observation!
Thanks
. Ge , if yer gonna use. 50 ¢ words, spell 'em right or lay off the bong dude. :-D
I wanna clear this up. I am an excellent speller and I infrequently make spelling mistakes.

Which word did I spell wrong, turk?
"This war will pay for itself."
Paul Wolfowitz, speaking of Iraq.

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