John

Good to see you back here again. It's becoming that time of year to engage in deep philosophical/financial conversations again. Some of the best type discussions there are on Ag Talk in my opinion.

We worry about your long absences from this place especially after your close encounter on the 2 wheeler a while back.

I refer back to something I said in this thread about Au

http://talk.newagtalk.com/forums/thread-view.asp?tid=515554

"It's about being able to "transport" savings or value from a failed system to whatever follows this mess when it crashes. Maybe that is tomorrow , next week, next year or 100 years from now."

How many immigrants came to this country with a few coins sewed into their clothes to avoid loss or theft. Family history recounted this tale on more than one occasion.

I agree Karl's take on gold is one of the few areas where my view is somewhat different than his.

Another good article I recently saw was this one by Chris Martenson talking about the doubling of things.

http://usawatchdog.com/collapse-in-credit-coming-chris-martenson/

Not quite related to this topic on metals but still he is the one that showed the illustration about how doubling drops of water in a stadium adds up.

Start at 8:12 minutes in.

https://www.youtube.com/watch?v=pYyugz5wcrI

The thing is right up to the last 5 minutes things don't look all that bad. That is where we are now, these last few doublings are not sustainable or possible to maintain. This is where many of us come up with the premise that none of this will end well.

Oh and for those that say Au does not pay any dividends so is a poor choice ? Just wait until NIRP is put into place where worthless fiat loses value 2 ways through devaluation by increasing the amount available and also by charging to store any surplus in any institution. Couple this with a likely attempt at eliminating paper money altogether (which most of the sheep will willingly go along with) and you quickly become a financial slave to the system and trapped.