ThorsHammer
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And of course the price of gold is actively suppressed by the FED using its member banks like JPM and GS, supplied with unlimited credit. Maintaining the USD as the world reserve currency for the pricing and purchase of oil is after all a matter of national survival.
Gold is just another placeholder for real wealth, not inherently different from the shell beads used as money by the residents of the Pacific Northwest before we “civilized” them. You can’t eat it and it makes lousy arrow points.
However:
–“Civilized” societies have been using it for money for 5,000 years.
–After TSHTF it is more likely to be accepted as money than pieces of paper with pictures of dead presidents printed on them.
–If you had invested $100,000.00 with “the world’s greatest investor”, Warren Buffet ten years ago it would now be worth $182,668.00. (July 1, 2002-2012)
–If you had bought $100,000.00 in gold ten years ago and put it under the mattress, it would now be worth $510,897.00.Charts with pictures and arrows are all very nice, but history is nicer if you were a gold bug!
