Maintaining Gold Reserves

Discussion in 'Commodity Futures' started by DallasCowboysFan, Nov 30, 2016.

  1. Sig

    Sig

    Very well could be the case, the never learn part I mean.
     
    #31     Dec 11, 2016
  2. Humpy

    Humpy

    Apparently 1 elephant turd = a billion dollars = 1 loaf of bread.

    :p
     
    #32     Dec 12, 2016
  3. dealmaker

    dealmaker

    Super inflation is prime time for Forex traders....
     
    #33     Mar 28, 2017
  4. sle

    sle

    Dislocations like these are special to war or famine, they have little to do with inflation. There are numerous stories about WWII where people would trade a gold ring for a few loaves of bread. Economists call this "relative scarcity".
     
    #34     Mar 29, 2017
  5. dealmaker

    dealmaker

    In post WWI Germany they had 100B Deutsche Marks ( "When Money Dies")...
     
    #35     Jun 4, 2017
    DallasCowboysFan likes this.
  6. Sig

    Sig

    Which was so remarkable that we all know about it. The fact that it is remarkable, and not something that everyone has experienced, says a lot in and of itself.
     
    #36     Jun 4, 2017
  7. donnap

    donnap

    Heh, there is the infamous story of someone stealing a suitcase full of money during the German hyperinflation.

    He dumped the money and took the suitcase.
     
    #37     Jun 4, 2017
    DallasCowboysFan and dealmaker like this.
  8. java

    java

    Makes you think twice about losing a war.
     
    #38     Jun 4, 2017
  9. donnap

    donnap

    :D:thumbsup:
     
    #39     Jun 4, 2017