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Uru Hammer
Mon Jan 10, 2011 10:13

Wealth always protects itself through investment. When oil is devalued, it will invest in something else.

As for those of us using cash, the value of our cash is not directly dependent on oil.


  • Thinking the unthinkablecc, Mon Jan 10 02:01
    THINKING ABOUT THE UNTHINKABLE Very few people realize that paper money and promises (not to mention silver, gold, and platinum) are worthless as measures of true wealth.Before oil came into the... more
    • Hmmm... — Uru Hammer, Mon Jan 10 10:13
      • How valuable is cashcc, Mon Jan 10 11:17
        ...when there is nothing behind it to produce energy to perform work to keep the wheels turning? People can work. Horses can be forced to work. Oxen can be forced to work. Good luck on trying to... more
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