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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Thought for the day..
9
Sep 26, 2009 03:57PM
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Sep 26, 2009 06:18PM
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Sep 26, 2009 11:47PM

guys, i'm not saying a total collapse or "replacement" of the dollar is impossible....but, if this happens i believe you'd see it on a global scale with every currency....not just the US...as currency is'nt tied to anything in almost any country...it's an "idea"...

i think more likely in the next few years you are looking at a continued "change" in what the dollar will buy...inflation...which would be good for your gold.....like joe says, look at history...

the history of what $1 would buy you:

100 years ago- 20 loaves of fresh baked bread....or 1 days wages

75 years ago- a first class steak dinner

50 years ago- a day at the movies with popcorn,candy,drink...

25 years ago- 2 tacos

today- a standard pack of chewing gum, a small candy bar, or 4 shares of kry

25 years from now- i'm guessing we will have done away with "loose change" by then as it will be cheaper to wipe your butt with dollar bills than to buy toilet paper....

1
Sep 27, 2009 01:58PM
4
Sep 27, 2009 02:44PM
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