Posted by Traditional Farmer on October 04, 2014 at 12:58:20 from (67.237.187.10):
In Reply to: Re: London price fix posted by RodInNS on October 04, 2014 at 06:54:44:
Actually all paper moneys are the commodities and Gold is the real Money that has stood the test of time. rarely does any form of paper money last over 100 years and the Bell is Tolling for US Federal Reserve Notes.On the other hand Gold has been the way wealth has been transferred since the beginning of recorded history.Why do you think all countries want to own Gold and owning it is such a big deal? Have you ever heard of a situation where other countries will tell a country in financial trouble "We won't take your Gold but we'll take your paper money you print up"? Such a statement would be totally crazy but Americans every day are saying it by holding inflated US Dollars.
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