BMO Capital Markets Basic Points - Financial Heroin by Don Coxe Dec 2009
Mon, 21/12/2009 - 00:57
BMO Capital Markets Basic Points Dec 2009
HT Kiwi Tyke 
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Here are two very good options for buying gold & silver and having them stored for you in secure insured vaults:
Bullion Vault ......... and ......... Gold Money
For more details see this:
Why & Where to buy Gold & Silver
http://neuralnetwriter.cylo42.com/node/2535
Doubling the monetary base !!!
That is astonishing.
On Gold and Commodities, I accept that Gold is a commodity, at least in a small way.
But IMO Gold is Money, and best not viewed as a commodity.
This chart makes the point:
I think it is a mistake to view Gold and Commodities like copper as the same.
Copper is USED. Gold is HOARDED.
When economies fail, commodities become unwanted.
When economies fail, currencies fail, and gold is the ONLY money.
Whether you like it or not, that is the way it has been for centuries. That is the way it is. Do not fight reality because you dislike it.
That does not mean that the price of commodities will not rise in the long-term. As the paper currencies lose purchasing power, the cost of commodities measured in paper currencies will rise, all be it, via supply/demand volatility.
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