Monday, February 7, 2011

Is The Gold Market A Bubble? | Personal Liberty Digest

Is The Gold Market A Bubble? | Personal Liberty Digest: "People who hate the discipline of gold are creative in their attacks to discredit honest money.

They say gold is in a bubble. But it is paper money that is in a bubble and the world is in the blow-off stage. In fact, every passing hour there is created tens of millions of dollars in phantom money. This requires more and more gold to rebalance the escalating deficit of substantive money.

Gold is not in a bubble. The world’s governments and people need more and more gold versus paper money."

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