In these times of increasing liquidity – money created by the central banks – liquidity which is now heard sloshing around the fiat tub, and which will continue to fill that tub since the borrowers are no longer willing or able to borrow and the banks are struggling to collect on previous lending – the past hysterical warnings of the fringe about inflation and currency devaluation and doom and gloom are become more accepted and actually seriously considered.

Therefore, if I had great wealth, and held much of that wealth in the fiat tub, i.e. in electronic bits, stored on hard disks, flash memory and backup tape, catalogued by banks and other financial institutions, I would be looking for a new home for my wealth. First line of defense would be a store of cash for immediate use and the rest in physical gold and Silver, the only universally and timelessly recognized and easily trade able store for riches.

To increase my wealth, to invest, I would be thinking that all wealth may soon be seeking shelter, as I am, and also seeking new wealth in new (old) ways. The obvious form of new wealth would be to invest in those producers of items which in themselves hold wealth. I would look to purchase ownership in the established producers of that wealth; gold and silver and other valued commodities.

If I were correct, and others thought as I did, then the share prices of the larger commodity companies would rise in rapid fashion, as trillions of paper, and bits and bytes sought newer, safer investments.

These larger companies would then have the means and the necessity to compete in finding new sources of wealth - the junior miners with discoveries - and the most sought after junior miners would be those least likely to be confiscated by the state ( a real possibility as these resources gain value).

Remember the silver dime (no longer silver), remember the gold bars of Fort Knox (no longer required), remember the buffalo nickel (no longer nickel), and remember the copper penny (no longer copper)?

These (or some equivalent thereof) it would seem, are about to come back in vogue... and in a hurry.

Commodities, best investment that bits can buy.

In the ROF we have the nickel and the copper. In windfall, we have the gold. In Canada we have the security.

Noront Resources – not a bad place to be.