We're at a turning point, says Ashton Bradbury
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1776 Gold is Money ($20 in US paper)
Money doesn't increase in value (profit)
or Decrease in Value (losses)
2009 Gold is $1000 US per oz
If the globe wasn't toast gold would be $20 per oz
The US dollar along with the rest of the fiat "currency" is being counterfeited into oblivion.
You have to have a stable money supply or there's no fixing it.
boots920 2 years ago
The fall out from last autumns banking crisis will probably drag on for a very long period of time. In the nineties recession you could always get a loan providing you could prove repayment ability and this is the difference between a 3 year downturn and something I believe much worse. Inventories will undoubtedly run down - cash flow is everything.
orwashepushed 2 years ago