punk_ash

A Very Flawed World Monetary Order

The source of all problems is that people do not make the tough and right choices only to protect their own interests. End of story, and we do not have to write millions of articles on the problems

What Is Going On With Gold?

Gold has only one real use, it is used for jewelry, and if anyone thinks that it can be used to substitute fiat currencies is not thinking. Gold is not a hedge against dollar, it seems to be acting that way, not really Gold is no substitute for any fiat currency. If one absolutely must plan for disaster, buy some real gold coins etc and GLD will not help in that case.

How to hedge for dollar, I guess, you can not use Gold or other currencies, since dollar is still the best currency and will remain so, for a long time, if not for ever. Real assets is one probably, I still think that real estate is a better bet than Gold, at least real estate can be used for some real purpose, what do you do with Gold.