e2800

Will U.S. Markets Crash Now - Or Later?

The guy is correct as far as the economics of what is happening to the stock market and purchasing power. The only reason it hasn't crashed yet is because there is such a large supply of money propping it up. Where I disagree is in this notion that gold is actually worth something. You can't purchase anything with gold and you can't carry it with you and you can't take delivery of 100 ounces of gold etc etc.. Even as a store of value, I'm sure they were singing the same tune in 1980, and then what happened? People realized you can't buy anything with 100 ounces of gold, you need a dollar.