Today’s Dr. Who ripped off “THE MAN WHO WALKED HOME by JAMES TIPTREE JR.” enjoy
#WritingFromIsolationWard
Month: April 2013
“If you put your money into gold or other non-income- producing assets that are dependent on what someone else values that in the future, you’re in speculation,” he said. “You’re not into investing….”
To illustrate the point, he asked readers to picture the world’s entire gold stock melded together into a cube 68 feet (21 meters) on each side valued at $9.6 trillion at then- prevailing prices. For the same amount, an investor could have purchased all the farmland in the U.S., 16 replicas of Exxon Mobil Corp., and still have about $1 trillion of “walking- around money.”
A century later, the farmland will be producing valuable crops no matter the currency, and dividends from the companies would probably added up to trillions of dollars, Buffett wrote.
The 170,000 metric tons of gold “will be unchanged in size and still incapable of producing anything,” he wrote. “You can fondle the cube, but it will not respond.”
Warren Buffet
“If you put your money into gold or other non-income- producing assets that are dependent on what someone else values that in the future, you’re in speculation,” he said. “You’re not into investing….”
To illustrate the point, he asked readers to picture the world’s entire gold stock melded together into a cube 68 feet (21 meters) on each side valued at $9.6 trillion at then- prevailing prices. For the same amount, an investor could have purchased all the farmland in the U.S., 16 replicas of Exxon Mobil Corp., and still have about $1 trillion of “walking- around money.”
A century later, the farmland will be producing valuable crops no matter the currency, and dividends from the companies would probably added up to trillions of dollars, Buffett wrote.
The 170,000 metric tons of gold “will be unchanged in size and still incapable of producing anything,” he wrote. “You can fondle the cube, but it will not respond.”
Warren Buffet
Rolf Harris has been arrested by police investigating historic sex abuse allegations following the Jimmy Savile scandal, according to a report in the Sun.
The 83-year-old Australian, a TV fixture for decades for his music, art and as a presenter of TV shows about animals, first came to Britain more than 60 years ago.
A spokesperson for the Met said: “We are not discussing the name of the individual.”
Harris was originally interviewed under caution by Scotland Yard officers on Operation Yewtree last November, five days after they visited his home in Berkshire when he was not there. The Met said in an earlier statement: “The man from Berkshire was interviewed under caution on suspicion of sexual offences after attending south London police premises by appointment. On 24 November 2012 officers had executed a search warrant at an address in Berkshire.”
NOT ROLF HARRIS!!!! – http://www.guardian.co.uk/uk/2013/apr/19/rolf-harris-arrested-operation-yewtree-police
Rolf Harris has been arrested by police investigating historic sex abuse allegations following the Jimmy Savile scandal, according to a report in the Sun.
The 83-year-old Australian, a TV fixture for decades for his music, art and as a presenter of TV shows about animals, first came to Britain more than 60 years ago.
A spokesperson for the Met said: “We are not discussing the name of the individual.”
Harris was originally interviewed under caution by Scotland Yard officers on Operation Yewtree last November, five days after they visited his home in Berkshire when he was not there. The Met said in an earlier statement: “The man from Berkshire was interviewed under caution on suspicion of sexual offences after attending south London police premises by appointment. On 24 November 2012 officers had executed a search warrant at an address in Berkshire.”
NOT ROLF HARRIS!!!! – http://www.guardian.co.uk/uk/2013/apr/19/rolf-harris-arrested-operation-yewtree-police
