Monday, June 9, 2008

Money and the Future

A financial storm is coming. Counterfeiting is growing at unprecedented rates. Identity theft is growing at explosive rates. Financial institutions regularly write off huge losses because of this. Law enforcement is overwhelmed. Unless big money is involved they wont even try.

As technology advances this situation will only get worse. Money cannot survive technology. However the last money that will be left standing will be Gold. The price of energy may plateau soon but gold is worth more than it is trading for today.