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Sunday, March 18, 2012 11:10:23 PM
From Jim Sinclair's jsmineset.com:
Jim,
Another one illustrating more truth than fiction.
To emphasize the enduring value of gold, I use this metaphor with my children and friends. Suppose you discovered an envelope jammed behind the drawer of a family heirloom. In it, your great Grandfather had placed $40 in the form of one $20 bill and one St. Gauden’s $20 gold coin. Which preserved its purchasing power?
CIGA Doug
Jim,
Another one illustrating more truth than fiction.
To emphasize the enduring value of gold, I use this metaphor with my children and friends. Suppose you discovered an envelope jammed behind the drawer of a family heirloom. In it, your great Grandfather had placed $40 in the form of one $20 bill and one St. Gauden’s $20 gold coin. Which preserved its purchasing power?
CIGA Doug
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