The Story of Gold since 2001 : in 2002 silver was 4 dollars an ounce. u needed 50.000 ounces to buy a 200k home. soon you will be able to buy the same home with 500 ounces. that's an increase of 10.000 percent. its ridiculous but true.it's not so much an investments as it is a way to preserve purchasing power. Look at a chart that is longer than a week. The USD has been declining for multiple decades. Gold has gone up in a straight line for the past decade. Purchasing power is being stolen away from people. They can't do that to gold, as it can't be printed. It is, and always has been, real money.yes, gold doesn't go up relative to the dollar ever single day or even week. But since 1913, the dollar has lost 95% of it's value. Gold has retained all of it's value. The dollar is declining (but not every single day). I guess when you say "investment" you are referring to something that you will hold for a few days or weeks.
Monday, January 9, 2012
Bob Chapman - Silver in backwardation for a long time
Bob Chapman - James Corbett Interview - Jan. 9, 2012 : the silver has been in backwardation for a long time , and the premiums on physical silver are at an all time high , Bob Chapman was the only commentator that since the MF Global debacle said since day one that nobody is going to lose any money , and this is exactly what happened as the clients of MF Global got their money back recently
Doug Casey: The Governments worldwide are jumping on the Terrorism bandwagon
Doug Casey founder and chairman of Casey Research Institute,talks about the NDAA bill and how the whole world is becoming a police state : The Governments worldwide are jumping on the Terrorism bandwagon because it gives them a lot of control ..." the whole system is corrupt from top to bottom the whole system needs to collapse
"I don’t see any prospect of improvement at all until the current structure really collapses, and that wont be pleasant. It’s going to be very much like after the French Revolution. It was an excellent thing that they got rid of Louis XVI, that was great. But then he was replaced by The Terror, Robespierre, the Jacobins, and the Directorate. It became much, much worse than it was under Louis XVI, and then, they were replaced by Napoleon, which was a military dictatorship. So it wasn’t until Napoleon was gone that France once again became a free country. I think that’s going to happen in the U.S., and I think it’s going to follow that path." Doug Casey added
"I don’t see any prospect of improvement at all until the current structure really collapses, and that wont be pleasant. It’s going to be very much like after the French Revolution. It was an excellent thing that they got rid of Louis XVI, that was great. But then he was replaced by The Terror, Robespierre, the Jacobins, and the Directorate. It became much, much worse than it was under Louis XVI, and then, they were replaced by Napoleon, which was a military dictatorship. So it wasn’t until Napoleon was gone that France once again became a free country. I think that’s going to happen in the U.S., and I think it’s going to follow that path." Doug Casey added
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