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This will all end badly for the keynesian spenders and smart people are already flocking to gold on any dip. This is why platinum is down 60% from its highs and gold is down ~20% (normal currency fluctuation).
Oct 16 00:42 am
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All Comments by Did U Think The Ponzi Scheme Would Last? »Bernanke Edges Closer To the 'Real' Root Cause Of the Crisis [View article]
The only reason you need to have confidence in something is if it is not tangible. While this is just fine for one's religious faith, it is ill advised in matters of money. A gold coin does not need your confidence!! A gold coin LAUGHS at doubters. But a ponzi scheme fiat currency? A system of grift? A con game like the federal reserve has shown us? THOSE things do need your "confidence" and anyone thats lends it to them can change their name to "sucker" right now.
Gold is money, and nothing else is.
-J.P. Morgan.