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Mike Kosares: Gold ownership as a lifestyle decision
9:46p ET Wednesday, July 1, 2015
Dear Friend of GATA and Gold:
In the July edition of USAGold's News & Views letter, proprietor Mike Kosares describes the serene confidence and gratitude of a now-retired doctor who put a huge amount of his savings into gold coins a little more than a decade ago, taking a long-term approach to capital preservation and perceiving ownership of the monetary metal as a sort of lifestyle decision.
Such an outlook is not likely to mollify anyone aggrieved by the ever-more-comprehensive destruction of markets by megalomaniacal central banks, but it's a reminder of the monetary metal's enduring virtue and purpose and of why a free and transparent market in gold is worth contending for.
The newsletter's headline, taken from Kosares' commentary, is "Gold Ownership as a Lifestyle Decision" and it's posted at USAGold here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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