Larry Edelson - 30-years experience analyzing and trading precious metals and natural resources.

‘Liquidity’ of Investments

by Larry Edelson on October 4, 2008

in General

This is cute and meaningful – Best, Larry

If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today.

If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today.

If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today.

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received $214.00.


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{ 1 comment… read it below or add one }

1 DocMay November 29, 1999 at 7:00 pm

Interesting article, but currency swaps in history have always been to reduce debt, bank accounts or currency in circulation. In the 80s rumors of currency swap of 10 old dollar for new dollar (with some type of gold backing). This
reduces the debt of government to 10% and all financial holding with a number amount to 10%. Salary/ prices stay the same. The Government explains that everyone needs to suffer a little to help the entire economy (Country). “JUST LIKE THE WORD OF KING
OBAMA!” Banks, debts of Goverment and financial crisis are solved at the expense of people who have funds earning interest in financial institutions. This is a more likely scenario. What do you think? After all, Obama says the rich should not mind paying
just a little more. ROFL! DocMay

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