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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Simba who wrote (83280)	3/21/2001 11:42:43 AM
From: pater tenebrarum	Read Replies (5) \| Respond to of 436258

most important point: "Gold has been dubbed a traditional inflation hedge because it tends to hold its value better than currencies in times of crisis. This metal is seen as a " stand-alone" asset that is not dependent on any single government or central bank to establish its value." it's not an empty promise...it is what it is. MZM is now growing at nearly 28% annualized, as the greatest money printing orgy of all time has commenced in a futile attempt to stop the credit/asset collapse...we're firmly in banana republic territory, with only the ECB standing out as having at least a LITTLE bit of credibility left. trust in the CBs and the fiat system is imo going to be shattered...they're going completely overboard now, like maniacs.