Comments on: CRB Commodities Index Has Largest Decline in 50 Years http://www.dailyreckoning.com.au/crb-commodities-index-3994/2008/10/08/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: john http://www.dailyreckoning.com.au/crb-commodities-index-3994/2008/10/08/comment-page-1/#comment-45688 john Sat, 11 Oct 2008 00:12:59 +0000 http://www.dailyreckoning.com.au/?p=3994#comment-45688 gold can be worse than cash if everyone starts dumping it... but if you've got alot of excess cash thats not a bad thing- it could reach record lows, buying at record lows could change your fortunes from being a junior to one of the major players in the industry. what goes down, will eventually go back up. i bet the price of gas will drop also, so as an investment a mining operation could continue to stockpile assets. if things really get bad, hiding in a farm won't be the way to go for the young though. you should be ready to join the armed forces to stop foreigners from taking the rich lands away. gold can be worse than cash if everyone starts dumping it...

but if you've got alot of excess cash thats not a bad thing-
it could reach record lows, buying at record lows could change your fortunes from being a junior to one of the major players in the industry.

what goes down, will eventually go back up.
i bet the price of gas will drop also, so as an investment
a mining operation could continue to stockpile assets.

if things really get bad, hiding in a farm won't be the way to go for the young though.
you should be ready to join the armed forces to stop foreigners from taking the rich lands away.

]]> By: Robert http://www.dailyreckoning.com.au/crb-commodities-index-3994/2008/10/08/comment-page-1/#comment-45401 Robert Thu, 09 Oct 2008 07:58:21 +0000 http://www.dailyreckoning.com.au/?p=3994#comment-45401 Gold is not much better than cash. If things really get bad you won't be able to make use of Gold either - do you want to throw it at somebody if they try to steal your rice or bread? A gun would be preferable. The problem is that you can't go to an extreme and buy either only gold, stick to cash....or buy guns and rice. The current volatile situation requires idividuals to deleverage if they can and find a mix of all of the above. The ideal situation if things really get bad is a self-sustainable farm far away from civilisation, loads of antibiotics and medication stocked, solar sytem, water, rice etc. If things do not get that bad, you might lose your assets, jobs, go bankrupt etc...but things will stabilise eventually and in the long run you will be ok. It's a simple lesson in history!!!! Gold is not much better than cash. If things really get bad you won't be able to make use of Gold either - do you want to throw it at somebody if they try to steal your rice or bread? A gun would be preferable. The problem is that you can't go to an extreme and buy either only gold, stick to cash....or buy guns and rice. The current volatile situation requires idividuals to deleverage if they can and find a mix of all of the above.

The ideal situation if things really get bad is a self-sustainable farm far away from civilisation, loads of antibiotics and medication stocked, solar sytem, water, rice etc. If things do not get that bad, you might lose your assets, jobs, go bankrupt etc...but things will stabilise eventually and in the long run you will be ok.

It's a simple lesson in history!!!!

]]> By: Curt http://www.dailyreckoning.com.au/crb-commodities-index-3994/2008/10/08/comment-page-1/#comment-45284 Curt Wed, 08 Oct 2008 13:09:57 +0000 http://www.dailyreckoning.com.au/?p=3994#comment-45284 But Gold is over 900 today, as investors begin to realize it is safer then cash. But Gold is over 900 today, as investors begin to realize it is safer then cash.

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