Archive for the ‘bites’ Category

Food for thought in volatile times

August 31, 2008

As we watch the currencies sway wildly against each other, remember the words of a wise man, …

“Gold still represents the ultimate form of payment in the world. Fiat money in extremis, is accepted by nobody. Gold is always accepted.”

Alan Greenspan, US Federal Reserve Chairman, May 1999

Food for thought indeed.