Posted by Bret4207 on April 01, 2014 at 04:17:44 from (64.19.90.196):
In Reply to: OT--GOLD Investment? posted by steve_in_mo on March 31, 2014 at 16:58:17:
Quoting Removed, click Modern View to see
Very true. But the Fed has morphed into something different than it was for decades. I don't know what it is, but it doesn't appear that the US is it's sole concern anymore and they don't seem to answer to the US anymore.
If you want to look into the history of various recessions and depressions, then look for "panics" as they were called then. It was the panic of the 1890s that made my great grandparents buy gold. Then in the 30's FDR took their gold and ruined them. History doesn't like to talk about that part of "The New Deal".
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