br4711

Is This Financial Armageddon or the Greatest Buying Opportunity Since 2002?

The bears win here. India, Vietnam, Saudia Arabia - countries where the local people value gold more than any paper currency, including the US Dollar. Fiat monies are a joke as no gov't has in place proper fiscal and monetary policies to ensure a strong currency. Gold in 6 months, even in the USA, will be considered to store of value better than any fiat US Dollar. Bottom line - Gold is the only real hedge against inflation and the collapse of the paper currencies!!!