Thursday, March 24, 2011


We have been for some time following the increasing number of radio announcements that the time to buy gold is now. Some of these advertisements warn that the U.S. Dollar is about to collapse, and wise people will buy gold (which they just happen to have for sale),


These folks say the dollar will collapse soon. Hurry, hurry, buy our gold.

With our soon-to-be-worthless dollars???

The only example I can think of relevant to this is the bad guy in the story of Aladdin and the Lamp. The bad guy lost the lamp with the magic genie, so he went through the town offering to give folks a brand new lamp in an even swap for the old one.

If gold is so goddamn valuable, and if the Dollar is hopelessly spiraling into worthlessness, then to offer to trade gold for dollars is like offering to trade diamonds for dog shit.

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