US Marijuana Party

Wednesday, January 17, 2007


I have been looking into investing in some gold coins in order to have money worth something when the world falls down and the dollar collapses. I have been reading a lot of Lew Rockwell's advice on gold. Here are a few paragraphs from his latest article. Read the rest here.

As with all matters of investment, everything is clear in hindsight. Had you bought gold mutual funds earlier this year, they might have appreciated more than 100 percent. Gold has risen $60 since March 2001 to the latest spot price of $326.

Why wasn’t it obvious? The Fed has been inflating the dollar as never before, driving interest rates down to absurdly low levels, even as the federal government has been pushing a mercantile trade policy, and New York City, the hub of the world economy, continues to be threatened by terrorism. The government is failing to prevent more successful attacks by not backing down from foreign policy disasters and by not allowing planes to arm themselves.

These are all conditions that make gold particularly attractive.

Gold is sold in either coins or ingots. The coins have a currency value or they are defined as ingots. Ingots are generally gold ingots of pure bullion cast in a convenient size and shape. If you are interested in protecting your finances against coming assault pay a visit to Monex and see what they have to offer.


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