pascoe-meter update, page-59

Hi Skol... thanks for the correction. Obviously 3% is far too little to help Japan out of the mess it's in. If it had the 50-70% of other top economies, it would be in a far stronger position. That's my point. Gold is the most valued reserve currency, which is why China, Russia and India are hellbent on raising their low (relative) gold reserves. As the best central banks have so much gold in their reserves, so should households. That's why the Chinese have been advised to buy gold and silver by their government. It's time other households did the same. It's the ultimate security on Earth, always has been and always will be...