| On my flight to Dubai I met an old friend of mine | | | | He smiled and said: "You see, GOLD is the only |
| from South Africa, Frederick. | | | | real currency standard worldwide because it is |
| Frederick used to be a top manager at De Beers | | | | backed up with real value like land - and therefore |
| (famous Diamond Jewelers) in South Africa, and | | | | it will never loose value to zero - and in fact it |
| he was responsible for the gold branch of this | | | | never did. So to have genuine gold bullions or gold |
| global player for more than 20 years. Of course, I | | | | bars is the best way to protect your money and |
| did not let pass this opportunity to talk with a high | | | | your purchasing power. Just accumulate small gold |
| rank gold manager about his point of view on the | | | | bars step by step. These little gold bars are |
| latest developments on the gold market. | | | | accepted worldwide as a tender." |
| And my dear friend, believe me, I have got the | | | | I objected: "Isn't it arduous to carry hundreds of |
| strong feeling that you should share and know | | | | little gold bars in your wallet." |
| about his profound knowledge. | | | | "Well", he said, "of course you would just carry |
| Of course I asked him: What is all this fuss about | | | | with you the amount of small gold bars which you |
| the exploding gold prices? How comes? | | | | need! And gold has always a high value so you |
| Then he said something very interesting: | | | | would not need that much. And before you ask: |
| "You know Norbert, about 11 years ago I told all | | | | wouldn't that be too dangerous at the airport |
| my friends and clients to buy gold. The gold price | | | | security at the peeping machines? I tell you that: |
| at this time was at a very deep point, so I got | | | | gold cannot be detected from the electronic |
| back a lot of pitiful smiles. Following my advice at | | | | beams of a metal detector. These metal |
| that time you could make a fortune with the | | | | detectors go only for iron or steel because guns |
| "New Economy"* at stock exchange within a | | | | and knifes are made of this metal. Believe me, I |
| short time. Nobody wanted to buy gold except a | | | | tried it and had no problems;-)." |
| few of my friends - who actually bought tons of | | | | I said: "Well, that sounds good, but what about |
| gold - for cheap money." | | | | the future price development?" |
| (* New Economy = this term was used in the | | | | He looked at me smiling and repeated: "Well, I |
| late 1990's to suggest that globalization and/or | | | | wish I would be a prophet for the economy. I can |
| innovations in information technology had changed | | | | only judge per my sound common sense and per |
| the way that the world economy works.) | | | | my experience. Most of the governments |
| I asked of course: "Why did these few friends | | | | worldwide are making the same mistakes at the |
| buy so much gold bars despite the facts?" | | | | same time. They are pumping billions of dollars in |
| Frederick said: "They just did not trust the stock | | | | the so called "market" without any coverage and |
| market and the manipulation herein. And, as you | | | | the hope that the future generations like your |
| know, a few years later the "New Economy" | | | | children and grand children will pay the dues. |
| crashed globally - with billions of Dollars lost." | | | | However, I know my children very well, at a |
| And then I asked: "What occurred?" | | | | certain time they will just simply complain: "Why |
| And he said: "The gold price started to climb like | | | | should we pay the debts of our ancestors? We |
| never before and within a short time my few | | | | did not create these debts." Lucky the person |
| friends became very rich. You see", he continued, | | | | who has now some gold bars hidden in his drawer |
| "there are powers in the government who want | | | | or safe." |
| to have very high share values, because of their | | | | After this very interesting conversation with |
| own interests. And the FED (Federal Reserve | | | | Frederick and the (gold) history and future I |
| System: the central bank of the United States) is | | | | leaned back and thought to myself: "Well, these |
| playing this manipulation game as well by pumping | | | | are very interesting information for my readers |
| billions of Dollars in the market - with the hope | | | | on my website - valuable gold information right |
| that the people buy shares again." | | | | from somebody who should understand all these |
| I asked: "Can this go well in the future?" | | | | global changes. |