Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

user4779
Member since December 2014
48 commentaries - 1 follower

1 followers

has posted a comment on the article :

Warren Buffet on Gold

- Food for thought - 24hgold

The Martian will notice, if he observes long enough, that very occasionally these vaulted reserves are spent. In the second world war, Britain spent a significant part of her gold reserve in buying essential supplies from the United States. Without these vital supplies, Britain would have collapsed. An important role for gold reserves, even in the absence of a monetary gold standard, is to serve as insurance at a time of extreme threat to the nation. We all hope that they are never used, and fortunately they rarely are, but that does not invalidate keeping them.

Commented 3323 days ago

Send

Beginning of the headline :Gold : "It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis