On the September 9, 2012 episode of Exposing Faux Capitalism with Jason Erb, I covered the following issues:
- Local KW byelection results
- Why are some so threatened by John Turmel’s “Argentine Solution”?
- A libertarian case for government issuing its own money
- Platinum: The overlooked investment metal and currency
- Canada’s Conservative government kowtows to Zionists in shutting down its embassy in Iran
- A caller on money vs. currency
I don’t have problem with using platinum as a hedge against financial collapse or as an investiment. I was just saying that it would be absurd to consider using it as a backing for currency.
And i wouldn’t feel safe from govt confiscation with platinum held in a public vault. It’s naive to think that they wouldn’t confiscate it in a crisis.
Platium, really? That’s even more deflationary and easy to manipulate/horde by the financial elite than gold.
See the points I make in my article. I discuss it as being a diversification tool, not as a substitute for gold or silver, or any other investment.