never mind the gold standard for the time being BRR -its just another story in the CB kindy
way I see it just holding money (as in gold) has seen the value of that money increase 24+% over the last year
and investing in currency: -if you shoved it into an AUD term deposit a year ago you would have done 8+%
its all good news really - gold does actually preserve your wealth and cash really is king in a credit deflation if you are looking for an investment
trading and speculating are something else (viva HC!) but it must be getting pretty obvious to some that the king of the jungle out there is this gold bull and calling him a gold bug is just another CB plot.
have to keep an eye on these currency games tho- chances are there will come a time currencies are a hopeless investment as is everything else - just hold onto your money (gold)if you can
and thinking about being mugged by some CB for my gold has got me thinking that I should hedge all this with some farmland - be fun, grow spuds, get a dog
....keep an eye on the gold kleptocrats and those peabrained Nobel economites, but its all good news really if you don't catch FIV by reading the press here in Oz or watching Rudd on TV
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