Yeah old man Bush and Mulroney (former Canada PM) made big money with Barrick. My guess is they still own Barrick
The whole point being that “free traitors” advocate trade policies that leave us with outlandish trade deficits that bring the inevitable dollar crashes. But same “free traitors” hedge themselves against dollar crashes with gold. That primitive barbaric relic
George Bush (#41) understands the visceral attraction of gold unlike say, uh, “professional”
Yup, Gold Fever...
I’ve admitted that gold has merit, the ultimate way to protect your money. But it doesn’t grow.
You could also say that you are protecting your money when you buy a stock. You give money, buy stock, the stock might be valued in dollars, but the stock is based in value by the profit it makes. And usually, if the currency is lower, they make more money, making the stock......go up.
So, both protect from a declining currency, but with the stock you also have the byproduct, of profit. Or at least the potential for it.