Wednesday, September 30, 2009

Must-Watch Primer On Gold vs. Paper Currencies

"Why gold?" you ask. This video will be somewhat redundant for investors who already understand why gold does what gold does and why it's been a 5000 year store of wealth.  But this is an excellent 5 minute explanation of how and why gold functions to preserve your wealth/purchasing power and why gold is the ultimate hedge against the daily erosion in value of the U.S. dollar (my friend and colleague Jesse of http://www.jessescrossroadscafe.blogspot.com/ brought this video to my attention):

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