“You would be crazy to look upon the current events in the gold market and presume the golden age is over. It won’t end until America has a credible plan for dealing honestly with our country’s debt and Washington’s financial diarrhea. That isn’t likely for many more years yet. As I told attendees at the Global Currency Expo earlier this month, I don’t care if gold goes to $2,000 or $500, I don’t sell. I don’t cancel my homeowners insurance just because I don’t expect a fire at my house this year. Why would I cancel my lifestyle insurance just because some investors are bailing on gold?”
http://sovereign-investor.com/2013/04/16/dont-sell-your-gold/
Related posts:
How the Media Has Distorted a Tragedy
At last, Japan may be about to abandon its disastrous Keynesian consensus
Bitcoin: The Prison Cigarette of Global Currencies?
Peter Schiff: Protecting Workers "Rights" Protects Them From Getting Jobs
Jeffrey Tucker: Has the Fed Met Its Match?
Doug Casey: The Gold Crash Is Not What Either Bulls or Bears Are Telling You
The World’s Biggest Economic Fallacies… and How to Profit From Them
Scalia Blows the Whistle on US Internment Camps?
And now: The criminalization of parenthood
“Why 55 U.S. Senators Voted for Genocide in Yemen”
Outrageous HSBC Settlement Proves the Drug War is a Joke
Big Brother’s Digital House of Mirrors
The Tenuous Nature of Borderless Money
John Kerry Steals Wolfowitz’s Iraq Lines for Syria War
Ron Paul: Why Is Washington Backing Saudi Starvation Policy In Yemen?