ACTUALLY GOLD PRICES DON'T GO UP ... GOLD HAS MANY USES AND IS A FUNGIBLE COMMODITY, NOT TIED TO ANY ECONOMY, AS ARE MANY COMMODITIES. ... ITS VALUE IS REFLECTIVE OF THE FUTURE VALUE OF THE USD (RESERVE CURRENCY); HOWEVER MORE IMPORTANTLY ITS VALUE IS INEXTRICABLY LINKED SUBJECTIVELY TO HUMAN EMOTIONS ... AND IN ANTICIPATION OF PRICE INFLATION GLOBALLY. THE SINKING VALUE OF THE U.S. DOLLAR AS WELL AS OTHER CURRENCIES AND HUMAN STRESS CAN ALREADY BE SEEN NIGHTLY FROM AROUND THE WORLD IN THE FORM OF VIOLENCE AND RIOTS OVER INFLATIONARY PRESSURES FOR FOOD PRICES.
U.S. TREASURY BILLS AS A SAFE HAVEN IN THESE TIMES OF ECONOMIC STRESS HAVE CREATED A BUBBLE IN THE PRICE OF BONDS. HERE'S MY QUESTION ... "HOW COULD ANYBODY HAVE THIS MUCH TRUST IN THE U.S. TREASURY BONDS TO GO LONG? THAT'S WHERE THE BIG BUBBLE IS ...
THE CLARION CALL OF THE 1849'ers ...GO WEST YOUNG MAN GO WEST AND DUG UP GOLD ... ITS RARE AND HARD TO FIND. MINING WAS AN INDIVIDUAL EFFORT, A BOOT STRAP VENTURE REQUIRING A STRONG BACK, A SHOVEL, AND A GUN. THEN GOVERNMENT GOT INVOLVED.
