Monday, June 21, 2010

Gold Recliams its Currency Status as the Global System Unravels

By: Ambrose Evans-Pritchard
June 20, 2010

LINK...

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The common mantra we have been talking about for a long time, "GOLD IS A CURRENCY", and in times of crisis it becomes the "Ultimate Currency". This golden cycle has been repeated through out history and if history is any guide this will cause gold to rise much higher in the near term. Gold becomes your "insurance policy" against crisis and corruption.
We hear all the time that gold is too volatile and risky? The RISK is not about owning gold, the risk is about NOT owning any gold. BK