Wednesday, October 5, 2011
China to buy 3 Major French Banks
Bob Chapman - Kerry Lutz - 05 October -2011
Bob Chapman : the real problem at the moment is Europe and it is not going to go away , Germans agreed to go on with the rest of the countries and to come out with 500 billions to help those in trouble , Greece is the first country to get help , anyways we got 3 major french banks that are in the final negotiation with China ( this is not public information ) for the Chinese to buy those 3 large french banks because they are broke ...Gold cannot be a bubble
Gold cannot be a bubble , a bubble compared to what ? to fiat paper money , ! those who claim that gold is a bubble do not get it , Gold is not a speculative investment and if you bough gold just to make a couple of bucks speculating on the price please sell so that we can buy , smart investors buy gold because gold is money and because will preserve its value in time and space unlike all your paper assets out there , come in 100 years or in thousand years from now and your gold will still have a value , , so the smart investors go into gold in order to preserve the value of their money and save the fruit of their labor in the safest asset ever known to man , , Gold is money it is not a commodity and it is not a speculative asset , hope people wake up and start understanding it , hence gold can never be a bubble , gold is a measure of wealth it cannot measured by itself and certainly it cannot measured with paper money that was created in the first place as a certificate for gold deposits , , Gold cannot be a bubble in terms of Paper fiat currency
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