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The Two Worlds of Precious Metals: East and West - (Nielson)

  1. dub
    33,892 Posts.
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    Real money is a store of wealth.Mere paper currency is only a tool of commerce. As a store of value, these currencies are the equivalent of a “leaky bucket.”

    Over a period of thousands of years, gold has perfectly preserved the wealth of its holders.

    In the mere century in which the Federal Reserve was entrusted with “protecting” the dollar, it has lost 99% of its value and the wealth contained.




    dub
    Last edited by dub: 20/03/16
 
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