Generational Dynamics World View News

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Re: Generational Dynamics World View News

Post by Tom Mazanec » Thu Jan 23, 2020 7:40 am

Wouldn’t there be a ceiling on gold, where you can mine even poor ores to get it cheaper, or even mine sea water?

Re: Generational Dynamics World View News

Post by FishbellykanakaDude » Thu Jan 23, 2020 3:19 am

John wrote:** 22-Jan-2020 World View: Price of gold

[im g]http://Media.GenerationalDynamics.com/ww2010/g101107b.jpg[/img]
    Price of gold, 1851-2010, in constant 2010 dollars (Motley
    Fool)


[im g]https://goldprice.org/charts/history/gold_all_data_o_usd_x.png[/img]


Gold is in a huge bubble. If you buy gold, you will end up losing
around $1,000 per ounce.


Would that be $1000.00 (per oz) in 2010 dollars?

..that might not be so bad.... <cough> no, wait,.. that's worse, isn't it....? Dammmmmmn....

Re: Generational Dynamics World View News

Post by John » Thu Jan 23, 2020 12:07 am

** 22-Jan-2020 World View: Lebanon riots continue as Hezbollah ministers form new government

Thick, grey smoki hung over the center of Lebanon's capital city
Beirut on Wednesday, as another day of rioting near the Parliament
building and the shopping mall. This was another day of violent
confrontations between protesters and police that began on October 17,
causing the prime minister to resign and the government to collapse on
October 29.

** 19-Jan-20 World View -- Violence surges in street protests in Lebanon as economy collapses
** http://www.generationaldynamics.com/pg/xct.gd.e200119.htm#e200119



The new riots follow the selection of a new acting prime minister,
Hassan Diab, and Diab's selection of a new Cabinet. The selections
were driven by Hezbollah, and Diab and the 20 Cabinet ministers are
all thought to be aligned with Hezbollah.

Hezbollah, led by Sayyed Hasan Nasrallah, is a puppet of Iran and
Syria. The US, Israel, Canada and the Arab League consider Hezbollah
a terrorist organization. However, Australia and most of the European
Union differentiate between its legitimate political activities and
its militant wing.

This represents a historic change in the structure of Lebanon's
government. As I described in the article referenced above, Lebanon
has a "confessional" system of government, where power is divided
based on sectarian affiliation or confession, where the functions of
the government are to be split equally among Sunni Muslim, Shia
Muslim, and Christian factions. But now politicians in other factions
are saying that "Hezbollah is now completing its takeover of Lebanon
through the new government."

This is only enraging the protesters. One 40-year-old protester is
quoted as saying, "We are here to say this government doesn't
represent the revolutionaries as the prime minister Hassan Diab
says. ... They are the same parties, the same corrupt political
elite."

A 62-year-old engineer said, "This is an anti-people government, it is
a sectarian government which is not representative of the social and
demographic terrain of the Lebanese population."

Many of the protesters are coming from the impoverished city of
Tripoli in northern Lebanon. They are quoted as saying that the new
cabinet is just a rubber stamp of the existing government. They
insist that the protests and riots will continue indefinitedly,
saying, "We have nothing to lose."

---- Sources:

-- New government shows Hezbollah ‘takeover of Lebanon is complete’
https://www.arabnews.com/node/1616716/middle-east
(Arab News, 22-Jan-2020)

-- Lebanon announces new 'expert' government
https://www.dw.com/en/lebanon-announces-new-expert-government/a-52102252
(Deutsche Welle, 21-Jan-2020)

-- Lebanese Cabinet faces multiple challenges, growing unrest
https://www.stripes.com/news/middle-east/lebanese-cabinet-faces-multiple-challenges-growing-unrest-1.615766
(Stars and Stripes, AP, 22-Jan-2020)

-- Lebanon protests are dividing the country’s struggling media
https://english.alarabiya.net/en/media/print/2019/12/05/Lebanon-protests-are-dividing-the-country-s-struggling-media.html
(Al Arabiya, Riyadh, 5-Dec-2019)

-- Protesters condemn Hassan Diab’s new government in Lebanon
https://english.alarabiya.net/en/News/middle-east/2020/01/22/Hassan-Diab-s-new-government-could-further-polarize-Lebanese-politics.html
(Al Arabiya, Riyadh, 22-Jan-2020)

-- Rich Lebanese hoarding cash despite capital controls
https://english.alarabiya.net/en/features/2020/01/21/Rich-Lebanese-hoarding-cash-despite-capital-controls.html
(Al Arabiya, Riyadh, 21-Jan-2020)

Re: Generational Dynamics World View News

Post by Guest » Wed Jan 22, 2020 11:04 pm

Holders of gold do so because they believe it's value is more enduring than the national currency. USD has lost 98% of it's value since the introduction of the Federal Reserve, equal to roughly present day valuation. Could go down to 1000 or up to 2000 depending on the mood and conditions. Anything else will be the condition of the USD. Watch the government debt, deficit and general operations. Are we more confident or less. With a currency valued by the full faith and confidence in the government, you are free to decide.
But really, at this stage of the game we need to be using available resources for preparation. And how we should go about that is critical, not comparable to 'making' or 'losing' "money". What's the use of we perish because of lack of planning?

Re: Generational Dynamics World View News

Post by John » Wed Jan 22, 2020 8:03 pm

** 22-Jan-2020 World View: Price of gold

Image
    Price of gold, 1851-2010, in constant 2010 dollars (Motley
    Fool)


Image


Gold is in a huge bubble. If you buy gold, you will end up losing
around $1,000 per ounce.

Re: Generational Dynamics World View News

Post by FishbellykanakaDude » Wed Jan 22, 2020 8:01 pm

Guest wrote:Gold is not an investment. It's a measure and store of value and a medium of exchange. ...


Anything that is a "store of value" over time is an investment.

..might be a good one, or a bad one, though, depending... just sayin'... :)

Re: Generational Dynamics World View News

Post by FishbellykanakaDude » Wed Jan 22, 2020 7:58 pm

mooreupp wrote:Agree on gold being a bubble unfortunately. I would like to buy something I feel fairly sure would keep value under any circumstance and I'm not sure of one (not that we are talking any huge sum of money regardless). ...


Invest in huge quantities of non-perishable antibiotics (!?) and (non-perishable) pain medication.

..the "non-perishable" part might be tricky.

..also,.. drug enforcement agencies may find you "of interest".

Re: Generational Dynamics World View News

Post by mooreupp » Wed Jan 22, 2020 7:42 pm

Agree on gold being a bubble unfortunately. I would like to buy something I feel fairly sure would keep value under any circumstance and I'm not sure of one (not that we are talking any huge sum of money regardless). I have bought a few silver coins and plan several more in case the government ultimately decideds fire is better than ice (hyperinflation over debt collapse). Leave the rest in cash to hedge.

Guys watching the flu out of China? Not yet sure this is a huge deal but is spreading quick.

P.S. bought your physical books and realy like so far.

Re: Generational Dynamics World View News

Post by Guest » Wed Jan 22, 2020 6:14 pm

Gold is not an investment. It's a measure and store of value and a medium of exchange. No national currencies fit that description. They are merely mediums of exchange. In USD, gold is fairly valued at $1000-2000. USD is constantly losing value due to inflation. Gold has shown for 100 years as a predictable inflation hedge. It's one of the least volatile ways to save your assets.

Re: Generational Dynamics World View News

Post by Guest » Wed Jan 22, 2020 3:56 am

'A few gold coins and pistol will get you over the Canadian border' --Roger Ailes

But considering Canada still has Prime Minister Zoolander running the show, there is no guarantee Canada will be any better off then the US.

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