i wonder where ay you's gonna go ?

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ThomasSoerensen replied

16 September 2009, 14:32
not if people also lose confidence in gold and only trust yen and EUR. Any currency is a matter of confidence - or lack of.

Gold has no rational reason for a special status. Except is costs a lot to store and if you self store you ruin others confidence in your batch. Nice.

Let us switch to a global currency og Joule - everything has a certain burn/heating value that vould provide a floor under the price of things.
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milanbenes replied

16 September 2009, 13:14
'I meant to say that gold will tank at the same rate as USD untill you can get 5 USD for 1 EUR.
'

Thomas, gold is a measure of confidence in the dollar

if dollar tanks gold will rise

Milan.
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ThomasSoerensen replied

16 September 2009, 12:48
Originally posted by milanbenes View Post

no Thomas,

today

1oz = 1000U$D = 700 Eur

therefore,

if 1000 USD will = 200 Eur

then at that point, 1oz will be ~3000U$D

excellento

Milan.

I meant to say that gold will tank at the same rate as USD untill you can get 5 USD for 1 EUR.
I wish them well, but forecast them in hell.
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Clippy replied

16 September 2009, 12:39
Originally posted by milanbenes View Post

i wonder where ay you's gonna go ?

looking good at the moment,

Milan.

Don't you love it when Milan tries to talk all grown up?
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TimberWolf replied

16 September 2009, 12:35
Originally posted by OwlHoot View Post

Had to think about it, but then realized that on Planet Milan they call gold "ay you" ("AU")
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DimPrawn replied

16 September 2009, 12:11
Gold is going down then up. I'm getting back in on the next dip.

Boomed!
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milanbenes replied

16 September 2009, 12:07
no Thomas,

today

1oz = 1000U$D = 700 Eur

therefore,

if 1000 USD will = 200 Eur

then at that point, 1oz will be ~3000U$D

excellento

Milan.
Leave a comment:
OwlHoot replied

16 September 2009, 11:58
Originally posted by Troll View Post

drugs?

sleep deprivation?

Had to think about it, but then realized that on Planet Milan they call gold "ay you" ("AU")
Leave a comment:
ThomasSoerensen replied

16 September 2009, 11:27
it will remain at 1k USD untill 1kUSD = 200EUR
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scooterscot replied

16 September 2009, 09:02
Originally posted by DiscoStu View Post

The only way is up! Or down. Depends who you ask.

HTH

I hear Astronomy is looking up at the minute...
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DiscoStu replied

16 September 2009, 08:06
The only way is up! Or down. Depends who you ask.

HTH
Leave a comment:
Troll replied

16 September 2009, 07:52
drugs?

sleep deprivation?
Leave a comment:
milanbenes started a topic i wonder where ay you's gonna go ?

16 September 2009, 07:51
i wonder where ay you's gonna go ?

looking good at the moment,

Milan.
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