Posted on 09/14/2007 3:37:11 PM PDT by hripka
I knew it. This headline draws attention these days. As the world wakes up to the fact that all currencies are created out of thin air by a simple entry into the electronic ledgers of the world's central banks investors begin to look for investments whose safety does not depend on an agency rating. This chart from the World Gold Council may help your investment decisions.
GRAPH: This chart is a very graphic description what happens once nations abolish the gold standard in favor of unbacked fiat currencies. Remember: No fiat currency has existed longer than a human's lifespan and the Federal Reserve Dollar is already a Methusalem at 94 years. Chart courtesy of World Gold Council
(Excerpt) Read more at prudentinvestor.blogspot.com ...
Got some gold you are desperate to unload hmm?
No, I would like to buy some gold if I could.
So buy it and stop flaunting your goldbuggering ways on a rational website.
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