If gold is a barbarous relic, and has no place in a modern economy, why are Governments so reticent on the topic, and why do they use it at such an essential level?
Or because Governments feed the people the noble lie they badly want to hear?
I am not sure it much matters why. The main point is to get the facts straight and then play the hand you are dealt.
Read 1 Samuel 8 for orientation (then 1 Samuel 12 for good measure) and here is a book which lets a lot out of the bag. The part where Nazis and allies meet in Switzerland to settle accounts, in gold, during the war, for war materials is particularly interesting. Give it a read.
Feel free to forward this by email to three of your friends.
“Maximum half of the gold has been within investment activity over the years. Gold has been invested among other things in deposits similar to money market deposits and using gold interest rate swaps. Gold investment activity is common for central banks. The risks associated with gold investments are controlled using limits, investment diversification and limitations concerning duration.”Because people are crazy and make too much out of nothing?
Or because Governments feed the people the noble lie they badly want to hear?
I am not sure it much matters why. The main point is to get the facts straight and then play the hand you are dealt.
Read 1 Samuel 8 for orientation (then 1 Samuel 12 for good measure) and here is a book which lets a lot out of the bag. The part where Nazis and allies meet in Switzerland to settle accounts, in gold, during the war, for war materials is particularly interesting. Give it a read.
Feel free to forward this by email to three of your friends.
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