*flota, considering that physical $GOLD does not currently back any monetary currency in the entire globe, and considering that the if the U.S. dollar followed accounting standards for any major economic nation that it would be more adequately classified as bankrupt, yes I think that purchasing physical $GOLD here is a wise move...
$GOLD = economic sanity among cricked politicians.
Just look at all the PORK they've been discussing lately, is it any coincidence that $GOLD rose during this period of politicians beginning to look a bit sane when it comes to a bankrupt budget? I don't think so.
Is it also a coincidence that oil-rich nations have been divesting out of paper wealth and accumulating physical $GOLD?
To me, the only people who will be holding the "bag" at some point will be those who are invested in worthless paper, doesn't matter if it's the Euro or the USD, both will eventually fail. Especially once Iran or any other oil-rich country introduces a Petro-dollar or a $GOLD-backed currency...
Bags will be held in the Euro and USD, not $GOLD...
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