css1971

Major Investors Piling into Gold

Don't tell me. You piled it all into the S&P 500 and made -50%?


On Feb 16 08:54 AM CLH wrote:

> After an eight year bull, I sold my gold stocks in March 2008. One
> year later gold has not moved. I dont like dead money.

Why Should I Own Gold?

"Permit me to issue and control the money of a nation, and I care not who makes its laws." --- Mayer amschel rothschild


The nature of our money defines the nature of our society.

If you can simply create money from nothing then you can essentially afford to do anything you wish. You can build the tallest building in the world and look out over all. You can build a fleet of space ships and fly to the moon. You can build the largest most powerful army in the world and none dare stand in your path.

What would you do to the world if you could create money from nothing? What would a well meaning fool do? What would a psychopath or sociopath do?

On the other hand, making gold isn't quite as easy as stamping a piece of paper.