GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Wednesday, March 14, 2012

Why The Falling Gold & Silver Prices ?

Korelin Economics Report: Falling Gold & Silver Prices - 3/14/2012 : what people need to understand is that what is traded as gold is in fact only paper gold with no actual physical gold to back it , no gold is bought or sold by those speculators who are driving the prices of gold up and down , it is just derivative and paper assets with nothing behind them , this is surreal but this is the way it is now gold is being treated as a speculative asset while in fact gold should be viewed as money not as a commodity to speculate upon

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