i wonder where ay you's gonna go ?

[ThomasSoerensen]

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.

[milanbenes]

'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.

[ThomasSoerensen]

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.

[Clippy]

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?

[TimberWolf]

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

[DimPrawn]

Gold is going down then up. I'm getting back in on the next dip.

Boomed!

[milanbenes]

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.

[OwlHoot]

drugs?

sleep deprivation?

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

[ThomasSoerensen]

it will remain at 1k USD untill 1kUSD = 200EUR

[scooterscot]

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

HTH

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

[DiscoStu]

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

HTH

[Troll]

drugs?

sleep deprivation?

[milanbenes]

looking good at the moment,

Milan.