The Rookie

Is Gold As a Safe Haven Just a Myth?

To Tom Bombadii, and all , Its might be true that without fiat money our economy would have collapsed MABEY sooner. I dont kow. The strenth in fiat money is faith and trust, making it much more valueble than gold. We live on it but when that trust is broken and the only way our leaders want to fix it is to throw money at it without the proper regulations needed to keep them honest, then gold is definetly a true store of value. It will go up, thats my opinion though I dont know as much as some of the other gold bugs on the subject. Most of these arguments, gold bugs vs nongold bugs have already been hashed out over and over again.