Buy gold:When the apocalypse comes, we’ll have all the gold

Wednesday, April 27, 2011
By Paul Martin

By David Weidner, MarketWatch

Buy gold.

There’s no risk. It never loses value. Except in 1915-20, 1941, 1947, 1951-66, 1974-76 1981, 1983-85 1987-2000 and 2008. In inflation-adjusted dollars, gold cost $4,000 an ounce 30 years ago. Inflation is for dollars.
Buy gold.
The world is a mess. We’ve never seen a time like this: the Middle East and North Africa are in upheaval. Japan has been battered by atomic energy. The U.S. economy is sluggish. The Book of Revelation was a picnic compared to modern times.

Buy gold.

Your dollars are worthless. You can’t buy a flat-screen TV with them. You can’t send your kids to college with them. Money can’t buy you love or happiness, put food on your table, pay for a trip to see the grand kids, put gas in your tank or pay the bills.

The Federal Reserve is printing money like Amazon prints books. Money is everywhere and it’s worthless. Everyone is knee-deep in cash. Line your birdcages with it. Use it for toilet paper. The Fed will give you more. The dollar is so cheap it went on sale at Groupon and no one signed up. The deal is off. They can’t give money away.

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