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<p>[QUOTE="fatima, post: 1370028, member: 22143"]There is a relationship between Gold and the stock market that was warned about 100 years ago. The warning at the time was the primary reason for creating the Federal Reserve was to turn the stock market into a big gambling machine. It was warned that gold based money would be eliminated as well because such a mechanism would force it. This in fact happened almost immediately with the huge speculation in equities that took place in the 1920s from cheap credit now possible, and the subsequent crash that sent people leaping out of windows. 3 years later people had to give their gold to the Federal Reserve. </p><p><br /></p><p>Give people an alternative to the paper currency that we have now, one that isn't subject to monetary expansion and hence loss of value, and the stock market will die with it. Gold and the stock market have been tied at the hip via the Federal Reserve for close to 100 years.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1370028, member: 22143"]There is a relationship between Gold and the stock market that was warned about 100 years ago. The warning at the time was the primary reason for creating the Federal Reserve was to turn the stock market into a big gambling machine. It was warned that gold based money would be eliminated as well because such a mechanism would force it. This in fact happened almost immediately with the huge speculation in equities that took place in the 1920s from cheap credit now possible, and the subsequent crash that sent people leaping out of windows. 3 years later people had to give their gold to the Federal Reserve. Give people an alternative to the paper currency that we have now, one that isn't subject to monetary expansion and hence loss of value, and the stock market will die with it. Gold and the stock market have been tied at the hip via the Federal Reserve for close to 100 years.[/QUOTE]
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