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Permalink Reply by Chris Morgan on November 23, 2017 at 7:40am

Gold is the most important element of the world financial system. It's non-corrosive, approving at many high-tech industries and, with relatively, in small reserves . Banks all over the world store 32 thousand tons of this metal. 

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Permalink Reply by Chris Morgan on November 23, 2017 at 7:43am

Price of gold from 2000 to 2010 increased from $ 300 per ounce to $ 1,300. In 2005, stock Google price matched one reference gold ounce. And after 3 years, gold ounce price outstripped one stock company price by more than in three times.

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Permalink Reply by david james on November 24, 2017 at 6:16pm

 WHEN the US monetary and Economic system collapses ( it's happening NOW ), GOLD will become the currency of choice for Commercial Purposes, but to be 100% Realistic here, you can't EAT it. You can't really DO anything with it. You can't even carry much of it. Our US mega-rich are so DELUDED to think it will have real value post-collapse which it WON'T. Nobody will give them food or water for their Ripped-Off-from-Us GOLD. We will let them EAT-GOLD. Barter will be the standard of exchange for many years to come. Skills of use will be in demand. People who can build, grow, or repair will become the new upper class.

Politicans, Money-Changers(swindlers) and "Business Managers" will all be the "shunned" and utterly destitute poor. They will collectively become beggars, thieves and vagabonds roaming from place to place. In this NEW reality they will HAVE NO PLACE, much as former Child-molesting Celebrities.  It will virtually propel us to the early 1860's, and most of what that implies. "Doctors" who are currently nothing more than Pill-Pushing Big-Pharma Salesmen will find the Competant among them welcomed, the Inept HUNG in the Town square.

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