Friday, February 25, 2011

Soapy Taste In Mouth,headache



Read Polanyi for understanding differences between trade, money market, when suddenly appeared
Diego el Cigala on the screen, guest El Hormiguero. was a special interview for the special charism of the guest. Pablo Motos Then he "tempted" with a display of gold bars in various weights, to show the relationship of the Gypsies to the "noble" metal that Gadje us so difficult to understand, but so easy pejoratively judged on many occasions. " three people have been guarding the gold security ... that among the gold! "

Gold ordered came in a velvet tray red.

While a countrywoman of not-know-it-direct control of the situation, the Cigala was raising pigs ... smaller first, then the middle ...
began to talk about grams. Then came the outbreak of bargaining "and pa pa you or me."
And finally came the "slug." What do not know how much is this little piece? ... 1 kg of pure gold ... on today because it is the mercao as the stock ...
started
value estimates. Then a small sign superimposed on the screen:
33,392 euros in 1 kg of gold. Then they start the
to keep the slug in a pocket ... and even runs away Cigala ... great laughter ...
Then he took a small ingot and began to look where you put it up ...
And finally came the "Swiss banker" and took back coldly, and who gets a table of cheeses on red velvet. I'll take it!


is not the first story of Cigala television and gold. Already in an earlier interview, before the guffaws of Cigala, Pablo Motos imitated "aesthetics" and directly tested in the authenticity of gold.



I leave a few snippets of text for an interesting reflection on the slug of Cigala:

... The custom carry kilos of gold can seem like a tacky glitz. But besides that, it's a way to preserve capital in a movable heritage. That allows them to maintain extreme mobility, because gold is an international currency, everywhere recognized its value, either in Berlin or in Timbuktu. Not devalued, are protected from the vagaries of a state policy ...

Recall that the value of our currency is fiat, ie, based on faith in the government that supports. And this crisis is precisely a crisis of confidence, the soundness of financial institutions that do not lend money on the interbank market, collapsing the flow of money in the solvency of the States, and whether they can meet the debt payments in continuous growth within a world is finite ...

modern currency, which owes its value to the State (paper money) behind it, and not the value of the alloy on which the state sets the stamp (certified), is a great invention ... but also a trap in turbulent times: when it falls to the State, all the capital in the currency becomes worthless ... The

accumulate wealth in property, especially gold, is an ancient practice of nomadic or semi-nomadic peoples. The need for the house on his back has much to do in the great gold reaching these people. From jewelry, silverware, weapons and horse trappings, to them gave gold a dual use: conventional and bank deposit. And a third, social prestige, of course ...

With no real estate, retain enviable mobility, boldness to take the course in the most favorable winds to blow, taking advantage of the opportunities ...

take further advantage of the savings around their necks and wrists is they are not attachable. A collapse of the global economy would only increase their wealth, and increase your chances of success with booming economy, whose inner workings are fully aware ...


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