my point is that gold has WAY more value to the world economy as a metal than it does as a way to back a currency. if you use it to back a currency then you immediately limit the size of your economy.
On Tue, May 17, 2016 at 3:16 PM, Lewis Bergman <lewis.berg...@gmail.com> wrote: > I think you misunderstand how commodities work. But ok. About the only > thing the gold standard did was restrict monetary policy and lock > inflation. If course, i could be wrong as i haven't goggles the subject. > That is my offline brains opinion. > > On Tue, May 17, 2016, 3:45 PM Sean Heskett <af...@zirkel.us> wrote: > >> Actually Nixon got us off the gold standard. And it's a good thing >> because with an $18trillion GDP for just the US alone there is no way >> our current economy would operate being tied to a shiny rock. That phone >> in your pocket would cost $1million or more just from the gold inside of it >> :-/ >> >> Leave the shiny rocks to the hippies at EDM festivals lol. >> >> -Sean >> >> >> On Tuesday, May 17, 2016, Josh Luthman <j...@imaginenetworksllc.com> >> wrote: >> >>> You think that's bad? The USD isn't backed by gold but rather a >>> fictitious system controlled by private banks. Thanks, FDR. >>> >> Josh Luthman >>> Office: 937-552-2340 >>> Direct: 937-552-2343 >>> 1100 Wayne St >>> Suite 1337 >>> Troy, OH 45373 >>> >> >>> On Tue, May 17, 2016 at 4:10 PM, Lewis Bergman <lewis.berg...@gmail.com> >>> wrote: >>> >>>> That is soooo sad >>>> >>> >>>> On Tue, May 17, 2016 at 2:31 PM Josh Luthman < >>>> j...@imaginenetworksllc.com> wrote: >>>> >>>>> Who care about P&L? It's stocks. >>>>> >>>>> AAPL is one of the biggest companies out there. There is no real >>>>> correlation between stocks and how the company operates. >>>>> >>>>> >>>>> Josh Luthman >>>>> Office: 937-552-2340 >>>>> Direct: 937-552-2343 >>>>> 1100 Wayne St >>>>> Suite 1337 >>>>> Troy, OH 45373 >>>>> >>>>> On Tue, May 17, 2016 at 3:19 PM, Lewis Bergman < >>>>> lewis.berg...@gmail.com> wrote: >>>>> >>>>>> Yep. Which is why they both make me nervous. You can't ever guess >>>>>> where those types will go by looking at balance sheets and P&L. Although >>>>>> to >>>>>> tell the truth, it had been pretty difficult to do that with any stock >>>>>> for >>>>>> a long time. >>>>>> >>>>>> On Tue, May 17, 2016, 1:57 PM Josh Luthman < >>>>>> j...@imaginenetworksllc.com> wrote: >>>>>> >>>>> ...you mean like AAPL? >>>>>>> >>>>>>> >>>>>>> Josh Luthman >>>>>>> Office: 937-552-2340 >>>>>>> Direct: 937-552-2343 >>>>>>> 1100 Wayne St >>>>>>> Suite 1337 >>>>>>> Troy, OH 45373 >>>>>>> >>>>>>> On Tue, May 17, 2016 at 2:56 PM, Lewis Bergman < >>>>>>> lewis.berg...@gmail.com> wrote: >>>>>>> >>>>>>>> Not that it matters, as I think GPRO is mostly a marketing play at >>>>>>>> this point, I saw some film of some competitors product with a really >>>>>>>> nifty >>>>>>>> 360 camera for about half of a Hero3. >>>>>>>> >>>>>>> On Tue, May 17, 2016 at 1:38 PM Chris Wright <ch...@velociter.net> >>>>>>>> wrote: >>>>>>>> >>>>>>> I sure hope it goes back to $15. I bought at $12 last on its uptick >>>>>>>>> and then it plummeted. L >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> Chris Wright >>>>>>>>> >>>>>>>>> Network Administrator >>>>>>>>> >>>>>>>>> Velociter Wireless >>>>>>>>> >>>>>>>>> 209-838-1221 x115 >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *CBB - Jay >>>>>>>>> Fuller >>>>>>>>> *Sent:* Tuesday, May 17, 2016 8:22 AM >>>>>>>>> *To:* af@afmug.com >>>>>>>>> >>>>>>>>> >>>>>>>>> *Subject:* Re: [AFMUG] GPRO stock >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> oh, i know i don't matter... >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> ----- Original Message ----- >>>>>>>>> >>>>>>>>> *From:* Robert >>>>>>>>> >>>>>>>>> *To:* af@afmug.com >>>>>>>>> >>>>>>>>> *Sent:* Tuesday, May 17, 2016 9:49 AM >>>>>>>>> >>>>>>>>> *Subject:* Re: [AFMUG] GPRO stock >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> Just after Icann sold a billion... just to make sure you know you >>>>>>>>> don't matter... >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> On 5/17/16 7:45 AM, CBB - Jay Fuller wrote: >>>>>>>>> >>>>>>>>> I heard burkshire just bought a billion worth of apple >>>>>>>>> yesterday.... >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> ----- Original Message ----- >>>>>>>>> >>>>>>>>> *From:* Travis Johnson >>>>>>>>> >>>>>>>>> *To:* af@afmug.com >>>>>>>>> >>>>>>>>> *Sent:* Tuesday, May 17, 2016 9:23 AM >>>>>>>>> >>>>>>>>> *Subject:* [AFMUG] GPRO stock >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>> Hey... if anyone is looking for a 4-5 month stock with the >>>>>>>>> possibility >>>>>>>>> of a 50% return, you should take a look at GPRO. It's a great buy >>>>>>>>> right >>>>>>>>> now and I personally think it will hit $14-$15 again within the >>>>>>>>> next six >>>>>>>>> months. :) >>>>>>>>> >>>>>>>>> Travis >>>>>>>>> >>>>>>>>> >>>>>>>>> >>>>>>>>>