Thursday, December 30, 2010

Why Gold has been Money and will be Money Again

I'm a fan of physical gold coins.  They should comprise at least 5-30% of you non-house net worth.  Too bad there are no high dividend gold stocks.  Please enjoy this short article on why gold has historically been money.  
 
 
Every central bank in the word is inflating its money supply.  Some are inflating faster than others.  The US central bank, the Federal Reserve, is leading the way with QE2 and its massive inflation of late 2008.  The Bank of Japan is barely inflating.  That is why the Yen is stregthening versus the Dollar.
 
Enjoy the article and please click on the Google Ads to let me know you like the contents of this blog.
 
Happy New Year and be seeing you!
 
 

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