Saturday, June 13, 2015

An Incredible Price

Certain promoters are claiming that the price of gold will rise to twenty-five thousand dollars per ounce. We will have greater concerns than the gold price if that $25,000 an ounce is ever realized. You might think owning gold at those prices will be great. You would be wrong. If there is that much dislocation in the world economy, only those with a phalanx of private security will be able to hold on to that gold. If you can not afford a private army in what would obviously be catastrophe, you will not have that gold or your life very long. Twenty-five thousand dollar an ounce gold would not indicate that someone made a great investment, but that the world is coming apart.

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