Chart usGOLD   Chart usSILVER  
 
Food for thought
Debt is the slavery of the free
Publilius Syrus  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1377.510.81
Silver 22.480.01
Platinum 1462.002.00
Palladium 744.900.70
WORLD MARKETS
DOWJONES 1538853
NASDAQ 35026
NIKKEI 15566185
ASX 5156-29
CAC 40 403613
DAX 847216
HUI 254-7
XAU 97-3
CURRENCIES (€)
AUS $ 1.3207
CAN $ 1.3270
US $ 1.2915
GBP (£) 0.8527
Sw Fr 1.2525
YEN 132.4400
CURRENCIES ($)
AUS $ 1.0230
CAN $ 1.0273
Euro 0.7742
GBP (£) 0.6604
Sw Fr 0.9698
YEN 102.5590
RATIOS & INDEXES
Gold / Silver61.28
Gold / Oil14.34
Dowjones / Gold11.17
COMMODITIES
Copper 3.350.01
WTI Oil 96.05-0.66
Nat. Gas 4.200.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category 
What to do with your tax refund
Published : April 09th, 2010
226 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet
Keywords :   Paper Gold | Paper Money | Physical Gold |

 

Buy gold. Not paper gold, physical gold. Have it delivered into your hands and hide it. Hide it so that only you can find it. There are well-known historical reasons for this.

Gold's price has mostly idled the past few months, but don't fret. Over the past decade, the S&P 500 has lost 25 percent, while this time ten years ago gold was selling for around $300/ounce. Today it's up to
$1,135/ounce. You can do the math.

But what about the future?

No one knows what will happen, but given that the world's economies are dominated by central banks and fiat paper money, and that both of these are simply tools for governments to take money from your pocket and put it someplace else, without telling you, and that every paper money scheme in history has ended in disaster, with the little guys taking the hit, I wouldn't be surprised if the current trends continue for a long time to come.

Don't be caught
papering your walls with Bernanke's notes. Buy gold. If gold is too expensive or unavailable buy silver.

 

George F. Smith

 

Read  his book : The Flight of the Barbarous Relic

 

Visit his website

Read his blog

 

 

George F. Smith is the author of The Flight of the Barbarous Relic, a novel about a renegade Fed chairman and the editor of Barbarous Relic.com.

 

 

 

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
George F. Smith
All articles by
George F. Smith
Next article by
George F. Smith
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

George F. Smith

George F. Smith is the author of The Flight of the Barbarous Relic, a novel about a renegade Fed chairman and the editor of Barbarous Relic.com.
George F. Smith ArchiveWebsite
Most recent articles by George F. Smith
5/20/2013
5/4/2013
4/28/2013
4/15/2013
4/1/2013
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer