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The New Gold Rush - Nick Barisheff - Bullion Management Services

Actually, there is a chance now to increase wealth by owning gold, not just "preserve wealth."

Why?
- Gold was artificially manipulated downward for 30+ years, from 1980 to 2001, so it was significantly undervalued vs the dollar.
- So, now it is not only going up because of monetary inflation, but it is playing catch-up. Also gold is acquiring an additional "disaster premium," due to the probably justified fear of a coming economic and social catastrophe.

Commented 4859 days ago

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Beginning of the headline :Eliminating the gold standard has resulted in anywhere from $14 trillion to $200 trillion of debt for the U.S., which now relies on a phenomenon called "Quantitative Easing" (QE) for economic survival... Read More

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