Some food for thought on the subject... http://jsmineset.com/wp-content/uplo...1/Document.pdf
- Joined Apr 2009 | Status: Live and learn. | 21,833 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
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DislikedI don't buy all this Gold hype as I consider Gold to be a useless commodity, but I never found a good way to express myself. Until I found this quote from Warren Buffet, that is:
Gold gets dug out of the ground in Africa or some place. Then we melt it down, dig another hole, transport it halfway round the world, then bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
100% trueIgnored
DislikedGold will cross 2000, 5000, 10000 and beyond in coming months,
GOLD IS THE THING.
But we should also know why gold will be the king...it is for the aliens and Illuminati...they are the ones who collapsed the economy, now slowly they will turn every economy into gold based one.Ignored
QuoteDislikedA gold backed currency in the future? That's an interesting idea.
Why would governments want a gold backed currency? The supply of gold is very easily manipulated and this would mostly benefit the private companies that supply governments with their money. Not the government and people themselves.