http://www.kingworldnews.com/kingworldnews/Podcast/Entries/2009/7/3_GATA.html
http://www.gata.org
About GATA
The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
Duration : 0:6:59
BTW, asking someone …
BTW, asking someone how many fiat currency units (E.g. FRNs) it will take to trade for an ounce of gold is a sign of not understanding the concepts.
It really doesn’t matter. Just ask someone in Zimbabwe. All they know is that it takes a gram of gold to eat for a day.
Gold does not rise …
Gold does not rise and fall. The ratio of gold to goods remains constant over the long run.
Gold is not an investment. Investments provide returns (aka dividends, interest payments).
Gold IS a store of wealth. It has no counter party risk and has survived as a means of exchange for 5000 years. Gold has the best track record versus any other means of exchange.
You do not “buy” gold. You exchange fiat cotton or paper currency for the yellow metal.
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