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17 Reasons to Own Gold PDF Print E-mail
Written by Eric Sprott via Peter Grandich   
Tuesday, 15 June 2010 13:06


1. GOLD IS RETURNING TO ITS TRUE HISTORIC ROLE AS MONEY
The role of gold in society was succinctly summed up by J.P. Morgan in 1912 when the renowned financier stated that “Gold is money and nothing else.” Ironically,
he made that comment one year before the U.S. Federal Reserve was created. There have been long periods (1980- 2000 being one) when this immutable fact was dismissed. The fact remains, however, that every fiat currency system in history has ended in ruins. Our current experiment seems to be headed down the same disastrous path, thus allowing gold to reemerge as a currency once again.

.....read 2-17 HERE

 
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