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FSN: Four Important Facts to Remember About Gold
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Frank Holmes
Gold Seek
When volatility prevails in the gold market, I love seeing so many different opinions because it promotes critical thinking and healthy markets. But because gold is unlike any other commodity, many perspectives can be extreme, such as “goldenfreudes” who take pleasure in gold bugs’ pain.
I continue to persuade readers to take a balanced and thoughtful approach to the yellow metal. With this in mind, here are four facts to remember about gold that should help neutralize those extreme bullish and bearish views.
1. You can’t print more gold
The Federal Reserve continues to print fresh, crisp stacks of U.S. dollars amounting to $85 billion every month, driving up the balance sheet to almost $3 trillion dollars. If Ben Bernanke continues churning out dollars at this rate, by 2016, the balance sheet will more than double to $7 trillion dollars.
Continue Reading at GoldSeek.com…
2013-04-19 17:48:11
Source: http://silveristhenew.com/2013/04/19/four-important-facts-to-remember-about-gold-2/
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