Buy Silver and Gold Wholesale : http://www.WealthPreservationClub.com We have been collectively hoodwinked into believing that our paper currencies are 'as good as gold'. Nothing could be further from the truth. Originally, our paper currency was a receipt for gold or silver held on deposit. But since 1971, all world currencies have been fiat -backed by nothing of physical value. Take a $10 bill from your wallet. Do you really think that the paper is worth $10? Welcome to the Matrix...
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Sunday, August 21, 2011
Jim Rogers : Do not sell your Gold
Jim Rogers : I own gold , if it goes down I am going to buy more I do not see any reason to sell gold until it winds up in a big bubble that's may be ten years from now , I do not know when it is going to be all commodities are going to go up a great deal more including gold , do not sell your gold if it goes down buy some more , absolutely it is going to go over 2000 dollars may be not this year I hope not this year but certainly over this decade no question....- in ABC Australia interview
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Jim Rogers
Marc Faber : Physical gold in a safe deposit box is the safest
Marc Faber : “The function of paper money is to facilitate the exchange of goods and services, to be a store of value and a unit of account — the U.S. dollar fails on all three,” “Intelligent people, instead of holding cash in U.S. dollars with zero interest rates, why not hold money in gold and silver?” And as a currency, gold should be held in its physical form and not in shares of gold miners or even exchange-traded funds. That would rule out popular vehicles such as SPDR Gold Trust or iShares Gold Trust Be sure to store your gold in banks in Switzerland, London, Singapore, Hong Kong, Australia — just not in the U.S., Faber said. “Physical gold in a safe deposit box is the safest,” . “Forget about huge capital gains. I would look at capital preservation. I want to preserve my capital. Faber added - in MarketWatch
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