TraderEagle's Profile
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Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 4:04PM
@21 obviously you have no ability to think for your self. It is and has been a medium of exchange that is difficult to fake or cheapen.
@24 I all ready told you .. one hour of labour.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 4:12PM
@27 excellent,,,
also cash is risky if its kept in a bank to earn that revenue as we have just learned.
@21 Dolt!! We now need someone elses cash to secure your cash or its all gone.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 5:24PM
@31 The only thing vapid and hollow is your head. You should really read your own stuff and then think about what you wrote. There are so many errors in your logic its startling. "No one puts the paper in a draw". Any investment choice you made with your cash was available to gold. I just exchanged my 1971 gold for a ton of you ummm currency and can now buy 22x the oil or pelts you can with your fiat currency. So as a currency and maybe you shold look up what "currency" means I would prefer gold thank you.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 5:37PM
@31 Whats a dollar worth? whats a euro worth? Oh thats right only when we compare it to something do we find its value. An hour of labour, a Big Mac. Is that brilliant or clear enough for you. Oh by the way the value of your "currencies" have done nothing but depreciate.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 5:45PM
@36 once again excellent. I don't have the patients for idiots who cant follow logic. Some professor spewed his opinion and this jerk swallowed it all.
@34 Then talks about a wheelbarrow of gold to buyy a cup of coffee. Wait aa few years and thats what you will need for your fiat currencies.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 5:51PM
@35 Of cource it could have been put in a bank cd or savings account that was in reality loss by the bank. So now your children will give it back that cash as the Govt. borrows it and sticks it in the FDIC. Apples to apples people.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 6:14PM
Anything can be exchanged for antything. We are not trying to measure your investment acumen. The simple fact is that it is the rate of exchange that counts.
Fiat currencie is governments way to tax the uneducated without them knowing it.
Entry: Icelandic Meldown (Part Deux)
posted by TraderEagle
Oct 14, 2008 2:04PM
@9 You really don’t understand. No one wants ISK, you can buy all the IKR you want for a $ but now one will give you anything for any amount of ISK.
Entry: Merrill Lynch says "buy" Morgan Stanley
posted by TraderEagle
Oct 13, 2008 3:17PM
People are willing to toil and exchange their assets for slips of paper with green ink on them yet dont' understand the exchange value of gold.
Lets say you earned $35 an hour in 1971
and you took one hour of pay in gold and one hour in bills.
You put both in it in a drawer.
Came back 37 years later.
Now you know the value of gold.