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Don't listen to their words, watch what they do. Gold is Important
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<p>[QUOTE="coleguy, post: 1356050, member: 9167"]Using Iran and Chavez as examples isn't much of a positive advocacy for gold. It tells me , in those two cases, that they saw their currencies spiraling toward extinction due to sanctions caused by their actions as governments, not by a collapse of global currencies. They wanted to hoard gold as leverage against sanctions, nothing more. Chavez, I believe, was using it in international black market deals, but who could know.</p><p><br /></p><p>I've said it before, but I'll repeat it again, if gold were as valued as some think, there wouldn't be any left for anyone here to buy. The major governments and a few banks would own it all, ending any market for it. The fact that anybody can buy it anywhere at any time says a lot about how little it's valued by those control finance and world monetary systems.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1356050, member: 9167"]Using Iran and Chavez as examples isn't much of a positive advocacy for gold. It tells me , in those two cases, that they saw their currencies spiraling toward extinction due to sanctions caused by their actions as governments, not by a collapse of global currencies. They wanted to hoard gold as leverage against sanctions, nothing more. Chavez, I believe, was using it in international black market deals, but who could know. I've said it before, but I'll repeat it again, if gold were as valued as some think, there wouldn't be any left for anyone here to buy. The major governments and a few banks would own it all, ending any market for it. The fact that anybody can buy it anywhere at any time says a lot about how little it's valued by those control finance and world monetary systems. Guy[/QUOTE]
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Don't listen to their words, watch what they do. Gold is Important
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