On Tue, 24 Sep 2013 11:57:35 -0400, John H
wrote:

On Tue, 24 Sep 2013 11:39:15 -0400, Wayne.B wrote:

On Tue, 24 Sep 2013 10:41:31 -0400, "F.O.A.D." wrote:

If you buy it and sit on it and sit on it and think
that it will be worth a lot more if and when the world economy
collapses, than you're a fool.

===

Take Harry's financial advice for what its worth - not very much.

The magic panacea for massive government debt is inflation. It works
every time and it's coming here soon. Creditors get paid back with
depreciated dollars and the people on fixed incomes of various sorts
get paid with depreciated dollars also. This hits the retiree
population very hard unless they own some hard assets like real
estate, oil in the ground, gold, etc.

I'll just bet if his dad had given him a couple dozen Krugerands, FOAD would have been quite happy.

===

His dad gave him a whole boatyard and he ****ed it away.