To paraphrase JP Morgan, Gold is Money and everything else is credit”.<\/p>\n
Gold in hand does not have counter party risk.<\/p>\n
I’m curious as to the true amount of Gold in the World. How many claims are on each ounce?<\/p>\n
Fiat currency is truly a Ponzi scheme relying on the creation of an increasing supply of currency to satisfy the interest charges.
\nThe Central Banks need to print or die. Same as a Ponzi scheme. New suckers are required to keep it going.<\/p>\n
No predictions for when the “Gold musical chairs” comes but it is better to be a day early than a day late.<\/p>\n","protected":false},"excerpt":{"rendered":"
To paraphrase JP Morgan, Gold is Money and everything else is credit”. Gold in hand does not have counter party risk. I’m curious as to the true amount of Gold in the World. How many claims are on each ounce? … Continue reading