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Central Missouri | JS, says it will be a virtual world currency backed by gold but not exchangeable to gold. He says 12k per ounce. I don't know; I do feel comfortable storing purchasing power long term in pm's though. How this all shakes out is anyones guess but the presses havn't stopped or slowed in the past 3 years and I don't see how they can. The math is just too convincing and the politicians on both sides need to get re-elected. Oh, and the derivative bomb fuse is waiting to be lit. These are just my opinions.
Edited by ehoff 10/20/2011 20:31
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An old article on gold and the current financial crisis This is a really good one..fits my thinking
