| Topic: | Re:Re:Re:Re:Re:Is Inflation the inevitable result of the Devaluation of the Gordon Brown Pound ? | |
| Posted by: | E Yarrow | |
| Date/Time: | 10/11/09 13:33:00 |
| Perception. Ask the Indian government why they wanted 200 tonnes of the stuff - if it is worthless! Gold has value... not only is it defensive, it is an alternative to the greenback. There are quite a few of the old boys in the city that are now being burnt.... History will repeat itself :-) FIAT currencies and bankers printing presses ARE the problem. I have banged on about buying gold for a long time.... the gold bugs are finally having their day. It has provided the highest returns of any assset class since the credit crunch started :-) :-) yay!!!! |