The Oil Drum | DrumBeat: June 5, 2007

109 comments on DrumBeat: June 5, 2007

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GreyZone on June 5, 2007 - 1:06pm

Whats to prevent the local war lord, or just any thug, from killing you for it after a very long torture session?

What's to prevent him from torturing and killing you for your real estate? Your food cache? In other words, it's a purely rhetorical device that serves no purpose in this discussion.

The real value of gold and silver is after a collapse if/when some form of society begins to reassert itself. There will be a medium of exchange and if history is any guide, gold and silver may well be that medium or readily exchangeable for that medium. So no, gold and silver is not for the day after the crash. It is for the day after the day after the crash, if you follow my meaning. ;)

Ghawar Is Dying
The greatest shortcoming of the human race is our inability to understand the exponential function. - Dr. Albert Bartlett

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PeakTO on June 5, 2007 - 2:44pm

Hehe...Greyzone!

My response would have been...I will be the local warlord!

;-P

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DIYer on June 5, 2007 - 7:54pm

Sorry, I don't have any gold for you. You'll have to accept these ephemeral computer blips in tribute:

........................ ←blips

There, that should be enough for now.

| _{The problem will solve itself.}| _{But not in a nice way.}

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PeakTO on June 5, 2007 - 8:30pm

Blips acceptable....now kneel.

;-P

I shall expect more blips tomorrow, same time, or else!

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109 comments on DrumBeat: June 5, 2007

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“Of all races in an advanced stage of civilization, the American is the least accessible to long views… Always and everywhere in a hurry to get rich, he does not give a thought to remote consequences; he sees only present advantages… He does not remember, he does not feel, he lives in a materialist dream.”

—Moiseide Ostrogorski (1902, 302-303)