August 05, 2011
– Comments (4)
People like him holding non-productive assets are part of the problem. Investments in gold and silver don't put people to work.
What about miners?
How many people do you employ darnedifino?
Anyway, the problem is money printing. This results in smart people buying commodities. Blaming the commodity investor is like blaming the native Iraqi for shooting back....
Hold it, darnedifino.
How many people do you help keep employed with the paper trash in your wallet? Gold and silver are just another currency, one that the governement can't make more of and debase as is holds value. Unlike the fiat dollar in everyone's wallet.
If you really believe that garbage you spouted in your post above, then step away from eating any type of food at all, driving, and for durn sure throw away your computer and get off the internet. You can't have any of that without mining activities.
In most cases gold and silver are byproducts of mining for other metals and minerals used to make your food, cars, buses and (gasp) your pc!
As a farmer in the midwest, I will tell you that I hold both gold and silver, because we need a much more stable currency that the paper trash in your wallet and mine called the dollar.