GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, May 9, 2011

James Turk Compares Gold to 9 major Currencies

James Turk Compares Gold's annual rate of exchange against 9 major currencies


James Turk Compares Gold's annual rate of exchange against 9 major currencies : The US Dollar the Canadian Dollar the Australian Dollar the Chinese Yuan The Euro , The Indian Rupee The Japanese Yen The Swiss Frank and the British Pound ....Gold is without a doubt one of this decade's best performing asset classes ...very few years in this table when gold actually lost value against any of these currencies , we had double digits rates of appreciations against all of the world's currencies ...this is a very simple way of preserving your purchasing power just hold GOLD...this rates of appreciations are going to continue...Gold is not volatile , the volatility comes from the currencies...gold is not investment Gold is Money

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