The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Thursday, November 11, 2010
Gold: The Market's Global Currency
Please take the time to read Robert Murphy's excellent article on the historical perspective on gold and fiat currency. The article is not only succinct but is definitely an easy read. If you are concerned at all about Bernanke's QE2, you will want to read this article. To entice you to read it, the following excerpt should do the trick: "Central bankers cannot be trusted with the printing press, especially when there is no formal check on their inflationary policies. It is no coincidence that gold is hitting such heights as investors the world over hunker down for what may very well be a collapse of the dollar system."
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