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Re: Grant Williams On The Simplicity Of Owning Gold

By: meme in ROUND | Recommend this post (0)
Tue, 28 Feb 12 7:00 AM | 61 view(s)
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Msg. 39232 of 45651
(This msg. is a reply to 39222 by Decomposed)

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hehe i like this arguments

"Even stronger currencies like the Swiss franc have limits to their appreciation. At some point, the Swiss National Bank will impose capital controls to thwart the rise of its currency. Oil and agricultural commodity prices will likely be regulated and speculation outlawed if prices become too high.

But if gold goes to $2,000… $3,000… it may be an embarrassment to central banks, but it won’t become a populist issue. You won’t see any Tunisian merchants setting themselves ablaze because the price of gold is too high… and not too many politicians looking to fix the price.

Even if they do try to regulate gold prices or even make it illegal, you can be sure that the gold trade will continue to thrive in the rest of the world– especially in Asia and the Middle East.

So instead of worrying about buying gold at its all time high, ask yourself another question instead: Over the next few years, do you expect that these broken, bankrupt governments will inspire confidence among institutional investors, or do you think that confidence will continue to erode?

If you’re leaning towards the latter, you can be sure that more money will flow into gold, and that prices will rise."

http://www.zerohedge.com/news/guest-post-should-i-buy-gold-its-all-time-high

if we dont have much money maybe should we buy silver instead?


"Our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil" -Ephesians (Paul)




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The above is a reply to the following message:
Grant Williams On The Simplicity Of Owning Gold
By: Decomposed
in ROUND
Mon, 27 Feb 12 10:48 PM
Msg. 39222 of 45651

Watch the videos at the linked site! 

Grant Williams On The Simplicity Of Owning Gold

Submitted by Tyler Durden on 02/26/2012 19:22 -0500
ZeroHedge.com

As we enter a week in which the expectations are high for yet another large expansion of central bank balance sheets, and ever more extreme monetary policy (thanks to the LTRO 2), we thought it appropos to listen to Grant Williams, of the famous "Things That Make You Go Hhhhm" newsletter, explain in its simplest terms, why it is still a good time to own gold. In two excellent and succinct presentations, Williams discusses the 'simplicity' of investing through the last four decades but ends by focusing specifically on the rotation to Gold at the start of the last decade (2000) and why the reason for rotating out of the precious metal has not occurred yet. Seeing the world of Gold as a battle between Too Much and Not Enough (and drawing on global supply, demand, and holdings flow) Williams lays out the reasons for owning gold, and how to know when to cover - as he narrows the five reasons to reconsider Buffett-and-Roubini's Barbarous Relic down to one simple rule - Central Bank Monetary Policy Changes.

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More: http://www.zerohedge.com/news/grant-williams-simplicity-owning-gold


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