Jun 18, 2010

Felix Zulauf on gold as the ultimate currency

Big money investors have realized that they need to hide in a currency that has no liabilities and can not be created out of thin-air just by pushing a button or writing a note, or whatever, by central banks.

Gold, I see, not as a commodity but as the ultimate currency, a currency that can not be increased without working hard and getting it out of the ground.

~ Felix Zulauf, King World News, May 28th, 2010

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