GOLD 0.51% $1,391.7 gold futures

china is secretly bankrupt, page-8

  1. cya
    3,836 Posts.
    gold does not equal gold stocks. Gold stocks are generally speculative plays on the potential gold might one day be extracted. Gold is something you can keep in a vault or cupboard and you will always be able to monetize it. Gold has a 5000 year history as money gold stocks are the iconic symbol of economic and investment folly.

    I dont think people generally get it, the big collapse when it comes will dwarf 2008. No one will want to own any kind of stocks when this happens. You are about to live through one of the greatest catastrophes of economic history.

    Gold needs to be acquired and put in a safe place.

    You can keep those electronically manufactured share certificates, they have no intrinsic value.
 
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