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Post# of 1893
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MoneyJames

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MoneyJames

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Thursday, 06/20/2013 10:07:33 PM

Thursday, June 20, 2013 10:07:33 PM

Post# of 1893
The Fed is printing money to keep the economy alive. Our monetary system is based in inflation. When you get a mortgage, or a loan, the money is CREATED by the bank. Money is created.

More gold can not be created. Its physical value stays the same. So over time, it becomes worth more and more.

Don't be fooled. Gold buyers will return when stocks crash, and solid miners like BRD will still be around to reap the rewards.



This is the best comment I read on today:

"No one wanted a lifeboat until the Titanic struck that iceberg."

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