Jewelry chain called Zeus to compete with USA treasury Re: Jewelry-stores become USA treasury as the govt goes broke on mounting deficits; Deak Perrera + Jewelry stores the biggest new franchise

From: Archimedes Plutonium (a_plutonium_at_iw.net)
Date: 03/01/05 

Date: Tue, 01 Mar 2005 02:48:04 -0600

Mon, 28 Feb 2005 05:01:30 -0500 core_ wrote:
(selective snipping to save space)

>
> It is true that we would be much better off with a gold
> standard. But if we all invested our fiat money in gold now,
> we'd have to sell it to convert it into fiat money when the
> inflation comes. And then you're dealing with supply and demand
> when no one wants to buy.

Nay that is not the picture I envision. A gradual picture such as the US
postal service in the mid 20th century was it, with no competition.
Nowadays we have other carriers such as UPS, FedEx, DLS etc etc.
Only in this case the treasury and the coinage and printing of money
will have competition from real money of gold, silver, platinum,
diamonds.

I made a mistake in that the name of the company should be Millenium 3
and not 2 because this is the 3rd millenium. I wonder if Zales is the
largest jewelry chain in the USA? And taking a cue from the word "Zales"
call this combined company that sells jewelry and coins as Zeus.

We do not see UPS or FedEX or DLS replacing USpostal service but we see
it in competition.

So as the USA destroys its currency, debases it then people lining up at
a Zeus store to buy say a gold band or a platinum band or items of
sterling silver silverware are hedging their future in case the USA goes
the way of the plethora of banana republics in South America.

Mind you, there has never been a single civilization in history to my
knowledge that has escaped a currency reform where the holders of the
past currency ended up with nothing.

We cannot expect the congress and president to balance the budget and we
cannot expect them to keep the dollar afloat. We see in the last century
of US history how difficult it is for politicians to ever balance
spending with income.

And so, in the future, we should offer an **orderly outlet** for a
second currency which is the real money in the first place-- precious
metals.

So that when it gets really bad such as Argentina in the first few years
of the 21st century where they destroyed their currency, that people can
go into their local jewelry store and either buy gold or sell gold. All
in a peaceful and orderly process.

>
>
> Now would be a better time to *sell* gold because it is low
> compared to what it will be, and when it goes up, no one will
> want to buy it from you.

Now would be a time to buy gold and especially silver because it is
cheap relative to land values. And it is cheap relative to the
paper-fiat-money.

>
>
> Unless you are trying to increase your net worth in fiat
> currency, in that case, *buy* gold...

No, when you buy gold that is cheap, it is held for decades until a
whole new economic landscape appears.

>
>
> > Where they sell jewelry
> > and other art but most important is that as the USA currency
> is
> > destroyed that these jewelry stores become the offices of the
> "real
> > money".
> >
>
> When the currency is destroyed, people will either be forced to
> start bartering illegally or wheelbarrow around money, and there
> will be one of two options:

No, when the hard times come, such as before Argentina had runs on
banks, jewelry stores as a competing treasury will have people come in
who see their gold as money itself and refuse paper. Some will say,
trade me this one ounce of gold for your 35 ounzes of sterling
silverware. A homeowner will be approached and said, "here, I give you
20 ounzes of gold Maple leafs for your property". When paper money
becomes bad there must be an alternative currency that allows for
peaceful and orderly transactions. That is why jewelry stores are the
ideal outlet for the future debasement and upcoming currency reform.

Americans have found a way of voting money into their pockets via Social
Security and Medicare and Mr. Bush will not solve it. That means
sometime in this century the USA dollar as we know it will vanish. When
it happens, it can be a bloody and violent event over many years or it
can be a peaceful and orderly event.

Paper money is clearly an easier system for we do not have to lug around
or worry about gold stolen. But when politicians destroy the currency,
then or option of using gold as the currency comes center stage.

>
>
> 1. Go back to a gold standard. People may not like this because
> it requires that people and government be thrifty and
> responsible or otherwise another Depression happens.
> 2. Exchange fiat currency for different, higher-valued fiat
> currency so that the same thing happens again 100 years later.
> This is likely what will wind up happening.

Well this is about the sum of the historical picture. Governments over
time destroy every currency based on paper. And then gold steps in to
restore peace and order. And then the new government starts another
round of paper money until it also is destroyed some 50 or 150 years
later.

>
>
> Barter is taxed by the IRS, unfortunately. That's how they trap
> you.

I know that. But what I am talking about is when the paper currency is
at the eve of destruction such as Argentina in 2001. A scene in which
there is a flight out of paper.

>
> The reason the Depression happened was because people were being
> irresponsible with their money at a time when that wasn't
> allowed.
>

There is no consensus on what caused the Great Depression. I believe it
was multifactor that created the Great Depression and I believe the
primary factor among many factors was the war reparations imposed on
Germany after WW1. If in our modern day we were to impose upon say
either Japan, Germany, UK, France, or China what was imposed upon
Germany in 1918 then I suspect that in a decade from now or sooner, the
world would experience Great Depression #2. You see, in my view, the
stock market collapse was a secondary outcome of what was happening in
Germany by 1918. Other factors such as trade barriers, such as no Fed
Reserve to ease money supply, are merely, in my opinion contributing
factors but the major number one factor was that of imposing Germany
with a reparations bill that kept Germany in a constant state of
bankruptcy.

>
>
>
> President Bush doesn't really care about what things cost; he
> only cares about pleasing the people to win votes for his party.
> He is a pure politico. Occasionally, he is able to get away with
> radical things like "spreading democracy to the world" i.e. the
> War in Iraq, but if you look at stances on immigration, "family
> values," etc. he is just a politician.

Well this is the problem of our govt and democracy in that there is
little to no economic discipline. Only after a crisis emerges, only
after hardships and pain and suffering emerges is the problem given
attention. So it is rather foolish to think that the USA will escape a
currency reform when it has debased the currency for the past 200 years.

>
>
> > That is why I keep harping that the military aspect of keeping
> global
> > peace should reside in a M.A.D. Fleet concept where rich
> countries all
> > contribute money and men and supplies to the M.A.D. Fleet
> which would
> > now be solving NorthKorea, Iran and any other tin-badge
> country that
> > proliferates nuclear weapons.
> >
>
> A better idea would be to have M.A.D. by rather than disarming
> all countries, arming all countries with nuclear weapons. This
> way, if somebody's ally or interest just happens to get nuked,
> all hell breaks loose. That would *guarantee* global peace.
>

Thanks but I am afraid you do not understand the concept of M.A.D.
Fleet. The Fleet will become the most powerful military organization on
Earth composed of all good countries who donate men, money and
equipment. Its only goal is to prevent the launch of nuclear weapons and
by doing so it also entices countries to dismantle existing stocks of
nuclear weapons and entices those without nuclear weapons to never build
them.

If the M.A.D. Fleet were parked off the coast of NorthKorea and Iran
now, everyone would see a "sea change in attitude and compliance". No
longer would the world sit around in yakkity yack and do nothing. And
NorthKorea and Iran would be like Libya's Quaddafy getting rid of their
programs as fast as possible. Because if NorthKorea or Iran show the
least sign of aggression to a M.A.D. Fleet is mandatory to regime change
the country.

What kept the world safe from a nuclear war in the 20th century was the
mechanism of Mutually Assured Destruction. And since the Berlin Wall
came down we have gone "naked" without that insurance policy of a M.A.D.
concept at work.

And unless the world imposes a M.A.D. Fleet, then I predict 2 nuclear
wars within the 21st century. If M.A.D. concept had not existed then the
20th century would have probably seen a nuclear war between the USA and
Russia. But now that we have no working M.A.D. mechanism then the 21st
century should see a Pakistan India nuclear war and a nuclear war in the
orient whether between China and USA over Taiwan or NorthKorea with
someone. Or perhaps Iran leveling a small country. And the radioactive
decay will spoil the environment of the entire globe.

Humans are not good at prevention and usually take a cataclysm to impose
a mechanism of prevention. We cannot even impose a mechanism to stop
global warming.

So it maybe come to pass that every civilization of intelligent life
throughout the cosmos has a large percentage of going extinct due to its
inability to prevent its own waste material from suffocating and
extincting the civilization. We see future dangers but we are too tardy
in solving them.

Archimedes Plutonium
www.iw.net/~a_plutonium
whole entire Universe is just one big atom where dots
of the electron-dot-cloud are galaxies

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