James Turk in This Week in Money February 4th, 2012 : Gold is the Rock Star of Asset classes it has been increasing in value since 2001 , James Turk recommends to hold physical gold and silver bullion , not any kind of paper gold or silver , when you own paper gold or silver you do not own bullion , you own a financial asset that's an intangible asset based on someone's promise which means their capacity an willingness to actually deliver gold and silver in the future at a certain date , so you are exposed to a counter party risk , but when you own physical bullion whether it is gold or silver , you own a tangible asset and that's what you really want to own during a period of financial stress
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Saturday, February 4, 2012
13 States seek currencies made of Silver & Gold
Robert Ian reports that Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, more than a dozen individual states have proposed using their own alternative currencies of silver and gold , including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option
Bob Chapman - The sovereign Economist - 02 February 2012
Bob Chapman - The sovereign Economist - 02 February 2012 : the bankers there are 6 of them , they own the FED they own the bank of England they do what they want to do they have their own association they do not show anybody their records complete secrecy no regulation ,
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