Hugo Salinas Price article on gold

Gold is the most highly demanded of all things in this world. Every single gram of gold in the world is owned by someone - either directly as personal property, or through legal participation in Funds owning gold.  READ MORE...
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I agree with this article 100%. In addition I'd like people to think about cash, and ask yourself this, has there ever been a time in history when paper cash has been considered "trash?" YES, many times, Weimar Germany 1920's, Yugoslavia 1990's, (Hyperinflation). Now ask yourself if there has ever been a period in history when gold has been considered trash? NEVER! No matter what anyone says, gold is the best long term "store of value" in all history. No currency, bank or stock market has ever out lasted GOLD as a measure of true wealth.   BK

Men have been risking their lives for centuries to find this yellow metal.

The Importance of LIBOR Explained

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Listen closely to what he's saying. This is exactly why we need a stable benchmark in the financial industry. Money must have a tangible reference of value, something physical to measure against. Not a price that is determined by any one individual or group. A consistant unit of measure is essential for a successful medium of exchange. It cannot be something that is created at the will of politicians. Imagine building a house when all the tradesmen use a different unit of measure? It will never work. Historically gold has been this unit of measure for value because of it's natural properties. It is rare, uniform, indestructible, safely storable, recognizable and easily divisible into uniform units. Gold has all the perfect characteristics to perform as a medium of exchange or money! It has out lasted every bank, stock market, currency and government that has ever existed. It will always be the ultimate winner when the financial system is at risk. This is an axiom not an opinion.  BK