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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