Golden Period or Golden Era
There is a big debate going on now. No they are not arguing whether it is a period or an era. It is about who owns the most gold. And gold is what people should be going after. The prophecy of Matilah is coming true. The fiat money is shrinking so fast that once it took $1 million to buy a home, now it is going to take $2 million. Once it took $3 to buy a plate of noodle, not it is $4.50. Once it used to be $4 or $5 a trip on a taxi, now it is $8 or $10. The safest thing to do now is to convert all the fiat money to gold. Soon we may be trading, buying or selling things with gold when the fiat currency turns into banana currency. Good luck to your $200k or $1 mil savings in the CPF when you lay your hands onto it. Now you know why your savings will never be enough. Better to ask CPF Board to allow depositors the choice to convert their savings into gold. Welcome to the golden period.