Gold: Wealthy Investors Want Bars, Not Paper [View article]
"...people have stopped buying stuff they don't need with money they don't have because it was a bad idea in the first place..."
The main problem was never "plasma screen addiction" - rather, "people buying stuff they don't need while spending other people's money." And the growth of gold owes a great deal to the realization that, after years of spending "other people's money" - those "other people" may demand something back.
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"...people have stopped buying stuff they don't need with money they don't have because it was a bad idea in the first place..."
Jan 11 09:41 am
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All Comments by donzelion »Gold: Wealthy Investors Want Bars, Not Paper [View article]
The main problem was never "plasma screen addiction" - rather, "people buying stuff they don't need while spending other people's money." And the growth of gold owes a great deal to the realization that, after years of spending "other people's money" - those "other people" may demand something back.