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A visualization of the worlds money & financial nightmares .
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<blockquote data-quote="user 4386" data-source="post: 424156" data-attributes="member: 4386"><p>I have no problem with holding some gold among other assets (cash, stocks and real estate). Right now I would certainly think some gold desirable. Silver is dubious - it is a by-product, and a commodity rather than a store of wealth (we have produced less gold than world demand for many years, silver just comes from lead and zinc mining and can be readily increased at any time to meet demand I suspect).</p><p></p><p>The apocalypse has been predicted as long as I can remember so ultimately pessimists will prove right, although I doubt at the catastrophic levels predicted. As for wars, I hope not. Not convinced that China is the biggest military threat (a lot of that depends on a country's philosophy - the Australian and Russian economies are similar in size but Russia emphasizes arms). More concerned by smaller rogue states...</p><p></p><p>Much to be said for just keeping a balance and being optimistic and happy - you also might be knocked down by a bus or get brain cancer tomorrow (far more likely), in which case undue concern over world economies becomes a bit irrelevant.</p></blockquote><p></p>
[QUOTE="user 4386, post: 424156, member: 4386"] I have no problem with holding some gold among other assets (cash, stocks and real estate). Right now I would certainly think some gold desirable. Silver is dubious - it is a by-product, and a commodity rather than a store of wealth (we have produced less gold than world demand for many years, silver just comes from lead and zinc mining and can be readily increased at any time to meet demand I suspect). The apocalypse has been predicted as long as I can remember so ultimately pessimists will prove right, although I doubt at the catastrophic levels predicted. As for wars, I hope not. Not convinced that China is the biggest military threat (a lot of that depends on a country's philosophy - the Australian and Russian economies are similar in size but Russia emphasizes arms). More concerned by smaller rogue states... Much to be said for just keeping a balance and being optimistic and happy - you also might be knocked down by a bus or get brain cancer tomorrow (far more likely), in which case undue concern over world economies becomes a bit irrelevant. [/QUOTE]
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A visualization of the worlds money & financial nightmares .
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