Gold production is limited

Recently...

• Legendary hedge fund manager, John Paulson has chosen to place a significant percentage of his total investment capital into gold and its relatives - ETFs and stocks. He actually owns more gold than that of several countries combined!
• Northwestern Mutual Life Insurance Co., the 3rd largest life insurer, has now bought gold for the first time in its 152-year history.
• The U.S. Mint is dealing with "pipeline" shortages of gold and silver blanks, causing delays or outright cancellation in the production of certain numismatic and bullion coins.
• The Gold Buffalo - America's first 24 karat gold bullion coin - had its 2009 issue release delayed until last October, and in less than two months, discontinued sales until 2010...after exceeding its annual sales totals for each of the past two years.
• The U. S. dollar is no longer perceived as the automatic safe haven for concerned investors around the globe. If you had a choice, would you rather own "digital dollars" - or gold?
• It is in the government's interest to create inflation through excessive expansion of the money supply, in order to pay off its obligations of accumulated debt, such as employee pensions, Medicare and Social Security, in worth-less dollars.

Gold production is limited. Money creation by Printing Press is...Infinite.
Zimbabwe: Not that many years ago, the Zimbabwe dollar was trading at US $1.47. Last year, it had sunk to 100 TRILLION to the Dollar. A beautiful country which used to export grain to its neighbors now faces starvation. Imagine how a Zimbabwean family would feel, if they could lay claim to even one ounce of gold!
North Korea: In December 2009, North Koreans awoke to find that they would be required to exchange 100 units of their currency, the won, for just 1 unit of the government's new paper money. Overnight, the savings of these long-suffering people (except for the bureaucrats) had been wiped out. How different things might have been for them, if they possessed just a few ounces of "the poor man's gold" - silver!
The United States? Can we have "guns and butter" as the U.S. tried to do in the 1960's to finance the Vietnam War and the President's Great Society programs? In just the past year, the Federal Reserve has doubled the country's monetary base. In addition, how will we pay for a massive new healthcare program and two wars?


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