The Phaserl


Gold has Never been More Valuable Than it is Today

by Bill Holter, Miles Franklin:

While doing an interview a few months back with Turd Ferguson at , he made the comment “gold has never been more valuable than it is today”.  This is so true and correct, I’d like to break it down into small pieces because from a historical standpoint there is no comparison to where we are today.

OK, I guess it would be best to first clear the air and address those who will say Turd’s statement is wrong because they paid $1,700 for their gold and are sitting on “losses”.  Yes, from the standpoint of what gold will “fetch”, gold is “down”.  Were you to sell it today or barter for a piece of real estate, it will take more ounces today than it would have two or three years ago.  I get it and am not a stu-nod.

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