
“About a year ago, we began to advise readers that we are in for the economic roller coaster ride of the century and that gold will be on that roller coaster. Those who are on the ride will need to keep their nerve – to remember that, as wild as the fluctuations may become, gold is not in the same category as stocks and bonds. It retains value when other more conventional forms of wealth disappear. Its true value to the investor is as an insurance policy – to make sure that if economies collapse, it might still be possible to buy some freedom and put food on the table – to ride out the economic storm.”
http://www.internationalman.com/78-global-perspectives/969-the-gold-roller-coaster
Related posts:
Bill Bonner: The Making of a Modern Debt Slave
A Government Answerable to No One
The Silver Lining as Banks Say “No More Americans”
President Trump’s ‘Friends’ in Saudi Arabia
All Government Policies Succeed in the Long Run
Ron Paul on the Evolution of Freedom in the 21st Century
John Hussman: On the Completion of the Current Market Cycle and Beyond
Is Bitcoin a Viable Currency?
Taxation and Trading on Foreign Markets
John Whitehead, The FBI: The Silent Terror of the Fourth Reich
Paul Rosenberg: 9 Plagues That Are Collapsing Capitalism
Hiroshima: Lincoln's Legacy to Civilians
Dimes on Black and Dynamite on Red
Making Sense of Bitcoin
Jeffrey Tucker: Why We Love "The Nutcracker"