Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Monday, May 31, 2010

Quick News: Gold at USD1,700/ oz

Greece Central Bank is selling one ounce equivalents as high as USD 1,700 (40% over spot price) and prices on the black markets higher as people unload their paper assets stocks and bonds on fear of the nation's government defaulting on their own debts.
Punchline:- hold on to your gold, buy a little when it dips, sell as needed in times of paper currency collapse.

2 comments:

HaroldM22 said...

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