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Message: SGR Report

Why gold?

in response to by
posted on Nov 06, 2007 06:11PM

You know something mbgld. You are starting to sound like this director I spoke to at National Resource Canada. He spooked me when he talked about it. He said that "what if" some day Banks are going to decide to not hold gold as collateral for printing more money. It would make gold worthless except for jewelry. Then with all that gold reserve they have they would just sell it to jewelry manufacturers and make supply would be abundant making gold exploration or companies worth nothing. HE also said that what I want to wish for is San Gold to be bought out.

 

the robber (will risk his weight in gold for the short term) 

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