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GOLD....rush ?
12 February 2016, 17:50,
#4
RE: GOLD....rush ?
True Charles ...but back then there was a gold standard, most currencies were backed by the gold standard , if you took your gold to ANY bank in the USA they would give you cash to the turn of that gold standard, Nixon got rid of the gold standard that's when the petrodollar became the new standard per say , if you were to look at oil versa gold....no contest....gold wins out ...as it has for millennia..you should not view gold as money ...more as a long term insurance of wealth history tells us its a winner hardly a fools errand ....but i agree 100% with you Charles a years supply of what you list is the best thing any of use can do , .....as i have said earlier any physical asset is most agreeable .
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Messages In This Thread
GOLD....rush ? - by Straight Shooter - 12 February 2016, 08:45
RE: GOLD....rush ? - by MaryN - 12 February 2016, 11:12
RE: GOLD....rush ? - by CharlesHarris - 12 February 2016, 16:01
RE: GOLD....rush ? - by Straight Shooter - 12 February 2016, 17:50
RE: GOLD....rush ? - by Steve - 12 February 2016, 19:46
RE: GOLD....rush ? - by Tartar Horde - 13 February 2016, 12:15
RE: GOLD....rush ? - by Steve - 13 February 2016, 14:35
RE: GOLD....rush ? - by Midnitemo - 13 February 2016, 18:11

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