SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkmoon who wrote (99485)11/8/2008 5:06:56 PM
From: Little Joe5 Recommendations  Read Replies (3) of 110194
 
"The problem with gold is that tying the financial and economic growth of a nation to an increasingly rare shiny metal just doesn't make logical sense."

Yes and it is perfectly sensible to tie the financial system to what?? computer entries created at will? Paper printed on a printing press? the integrity of politicians?

Gold isn't perfect but its supply can't be manipulated and so far has maintained value throughout history. It imposes a discipline on the system that prevents the kind of problems we are having today.

Little joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext