Gold And Silver: Why They Are Important, And Why They Are Often ManipulatedSubmitted by Giordano on Thu, 11/19/2009 - 14:42
For decades, gold and silver investors have been warning the masses about the catastrophic weaknesses inherent in fiat currencies; currencies backed by nothing but empty promises and printed out of thin air ad nauseum by Central Banks. Precious metals, they said, were the only safe form of currency because they were finite, and could not be duplicated, meaning they could not be inflated to worthlessness. Until recently, these warnings have gone almost completely ignored by the general public.
Critics of gold (often proponents of Central Banks) contended that gold was an unrealistic and outdated foundation for an economy because its limited supply restricted liquidity, and kept a country from being able to “spend effectively.”
Well, America is closing in on the year 2010, and most of us have now had an opportunity to see that “free money” actually has a price.....
CONTINUE ARTICLE HERE: http://neithercorp.us/npress/?p=184