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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Giordano Bruno who wrote (396370)10/24/2009 11:24:39 AM
From: ayn rand1 Recommendation  Read Replies (1) of 436258
 
.............14 Reasons To Own Gold....................

.........excellent article, worth the read!.............

1. THE INEVITABILITY OF A COLLAPSE IN THE U.S. DOLLAR

2. NO OTHER CURRENCY PROVIDES A SATISFACTORY ALTERNATIVE

3. RECKLESS FISCAL AND MONETARY POLICIES THAT MAY WELL RESULT IN HYPERINFLATION

4. GOLD IS THE ULTIMATE CURRENCY

5. THE TRUE IMPACT OF THE MALIGN SIDE OF DERIVATIVES HAS YET TO EXPRESS ITSELF

6. MINE SUPPLY IS NOT ANTICIPATED TO RISE FOR SEVERAL YEARS

7. THE CENTRAL BANKS ARE NEARING AN INFLECTION POINT WHEN THEY WILL NO LONGER BE IN A POSITION TO SUPPLY THE GOLD TO BALANCE THE MARKET

8. INCREASING LIKELIHOOD OF CENTRAL BANK AND SOVEREIGN WEALTH FUND GOLD PURCHASES

9. INCREASING SKEPTICISM ABOUT U.S.GOLD RESERVES

10. THE INVESTMENT DEMAND FOR GOLD IS ACCELERATING BUT THE SURFACE HAS BARELY BEEN SCRATCHED

11. CONTINUING EXTREME GEOPOLITICAL RISK

12. LARGE SHORT POSITIONS

13. INCREASING ACCEPTANCE THAT THE GOLD PRICE HAS BEEN SUPPRESSED

14. THE RELATIVELY SMALL SIZE OF THE GOLD SECTOR

sprott.com
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