Gold is now at $1,535.30. It looks as if as the price rises, they are trying to defend the currency. It is almost as if the government is attempting to slowly allow the dollar to sink, preferring a soft landing to a total crash. Fort Knox will soon be empty if that is what they are doing.
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True to a certain extent. But it ties you to a certain spot; you can't run with land.
It also marks you as a target for expropriation. Remember what happened to land owners in Red China and the Kulaks in the Soviet Union. Check out the sad story of the farmers of what was Rhodesia now known as Zimbabwe.
"Faster than a speeding bullet, the Man of Steel is dropping his U.S. citizenship like a brick of kryptonite...."
Rufus, as if having a rotten economy and currency crises isn't enough, we are now losing our hero Superman!! Geez, what are these one world-thinking people up to next??!!
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It looks like Superman of the future will be an Asian. Do you think he can fly through the sky with all of that gold? When the Chinese really dump the dollar, there will not be enough gold in Fort Knox to save us.
You better start learning Mandarin so that you can talk to your new land lord.