Commodity Trade Mantra

Posts Tagged ‘Confiscation of Wealth’

Are Gold and Economic Freedom Inseparable?

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense — perhaps more clearly and subtly than many consistent defenders of laissez-faire — that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.

Governments Will Loot Pensions, Savings – Hold Onto Your Gold: Jim Rogers

Politicians don’t know what to do besides printing money – so that’s what they end up doing. When we start to have more economic problems due to gigantic debts and more inflation, governments could loot savings and pension plans. We will see a wave of turmoil from all this that will surely take gold higher.

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