Last Wednesday, Federal Reserve Chairman Ben Bernanke openly denied gold is money when questioned by congressman Ron Paul at point blank. Check out the video below on Ron Paul debating with Ben Bernanke on the Federal Reserve’s decision on bailouts. The classic moment is at 4″55. A classic too great to be missed out on beautiful Sunday morning.
Before I begin, I believes those who bumped to my blog would have at least know a salt pinch on precious metals. If you do not have any idea on precious metals, I would recommend you to watch the following four minutes video. The video will give you a quick 101 crash-course on the importance of investing in precious metals today.
Moving forward, I trust that you too would know precious metals includes not only gold and silver but platinum, palladium, rhodium, mercury and a few others. Aluminum was once a precious metal too when it was more difficult to extract it from ore compared to gold back in 1880s. With that, whenever I refer precious metals or in short, PM, I am specifically referring to Gold and Silver only. For now, I do not have interest in platinum (apart that that’s what my wedding ring was made of) or palladium (to be honest, I have no idea what it does) or titanium (which make a good bicycle frame) or any other precious metals – at least until further notice.
Now, back to the question – why am I writing under investsilvermalaysia.com and not investgoldmalaysia.com. I owned both the domain.
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