Sunday, September 26, 2010

GOLD/SILVER versus 50 HISTORICAL BUBBLES

http://v3.caseyresearch.com/images/50-Bubbles-orig-100925.gif

VERY INTERESTING CHART COMPARING HISTORICAL BUBBLES THROUGHOUT
HISTORY, INCLUDING THE TULIP BUBBLE AND THE SOUTH SEA BUBBLE THAT ARE
BOTH USED AS EARLY EXAMPLES OF MAJOR BUBBLES THAT PEOPLE GOT SUCKED
INTO OUT OF HYSTERICAL GREED, BUT THAT HAD NO FOUNDATION ON WHICH TO
JUSTIFY THEIR PRICE INCREASES.

BY THE WAY, GOLD AND SILVER ARE NOT BUBBLES, AS THEY HAVE A REALISTIC AND MATHEMATICAL FOUNDATION FOR THEIR LOGICAL INCREASE IN 'VALUE' DENOMINATED IN INCREASINGLY 'WORTH-LESS' PAPER MONEY.

GOLD AND SILVER ARE NOT GOING UP, PAPER MONEY IS GOING DOWN.

GOLD AND SILVER ARE JUST MAINTAINING THEIR ASSET VALUES.

THEY ARE BOTH BENCHMARKS OF VALUE FOR EVERYTHING ELSE.

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