Why Gold Was the Best Buy in 2008-9 Crash and Will Be Again This Time Too

by GoldCore
DAILY PRICES Today’s Gold Prices: USD 1128.50, EUR 728.91 and GBP 990.38 per ounce Yesterday’s Gold Prices:  USD 1134.40, EUR 724.63 and GBP 990.05 per ounce.
(LBMA AM)
Gold in US Dollars – 5 Years Yesterday, gold fell $15.40 to $1124.10 in New York – down 1.3%.  Silver fell another 3% or
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“Imagine our purchasing power when gold and silver are inevitably/imminently revalued multiple folds higher”

from JC, SGT Report:
Our friend JC from Canada sent us this note yesterday with insight about how physical silver is already protecting his purchasing power in light of a strong US Dollar and Yuan devaluation repercussions…
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Hi Sean, Wow, what an historic day in light of China devaluing the Yuan! I’m looking forward
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Almost Nobody Actually Understands What Fiat Money Is, Or How It Works, Hence They Don’t Understand The Role That Gold And Silver Play.

I have often said that you cannot possibly appreciate the why of Gold and Silver as monetary assets unless you understand (and become adequately reviled) by how our current debt-based, unbacked fiat monetary system works.  Almost nobody actually understands what fiat money is, or how it works, hence they don’t understand the role that Gold
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