[Ohioan]

No one should be misled by temporary swings in market prices. The reality is that the present combination of fiscal & monetary policies, will drive gold even higher in the long run.

The key to understanding the multi-generation--as opposed to near term ups & downs--is to look at what has happened since the adoption of Keynesian policies in the "Great Depression." For example, see Gold & Money In America, II.

In the long run comparison, even after the recent sell-off, the dollar has lost over 98% of its value, when compared to gold!! That is not a very good recommendation for our monetary future, absent a very, very dramatic reawakening of the wisdom that once enlightened America. Obama has never shown the slightest inkling of even understanding what we are discussing, here.

William Flax

[Mich Patriot]

"No one should be misled by temporary swings in market prices. The reality is that the present combination of fiscal & monetary policies, will drive gold even higher in the long run."

BINGO! If gold does "crash" in the short term (which I really doubt), then my plan is to buy a crap-ton more while it's on sale. Ditto for silver.