Tuesday, September 20, 2011

Richard Russell - Quotes on Gold

Gold is a symbol of eternal wealth. After all, during the last 5,000 years just about every other entity from wagon wheels to GM has gone broke. Other items come and go, but only gold is eternal. There never was a time when a population as a whole scorned gold (except for the US following WWII).''
Some people hold gold as a hedge against all-out inflation.  Others hold gold as a defense against a Fed that appears to have lost its monetary compass.

Do you want to be a Dollar bug or a Gold bug. I'd choose gold! 
The reasons to hold gold are far stronger than any chart can provide.

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