For about the last three years, wherever you drove, shops, stores, businesses of all kinds blatently advertised "We Buy Gold!." All over the country people who became unemployed and those behind in their morgage sold what gold they had to help them survive.

 

Where did it all go? It was refined and turned into investment form for the rich! Those poor people who sold now see how much more it is worth (in dollars) than it was when they gave up their gold rings, bracelets and even teeth fillings. The rich now look back and see how they, the ones who bought that gold from the refiners who got it from the poor, how much profit they have from the misfortune of the poor, the poor, that is who were once the middle class.

 

Will the people ever get back their gold? Or will it continue to be used in yacht bathroom plumbing and stored in wealth-owners safes? __________________

Caveat venditor.

No one forced anyone to sell any gold. Poor financial decisions on the part of the poor is not automatically the fault of the rich. Predatory lending is a different story...