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Robert Cassidy » Comments » IAU

  • Is the Gold Rally Overheated? [View article]
    Support for the US dollar at current exchange value level is clearly unsustainable ...
    .At the explosive increase in dollar supply floods the markets , a corresponding increase in the dollar price of nearly everything , gold included , is to be expected .
    The US dollar is already a wasting asset , with interest yield far below real inflation rates
    Oct 22 16:05 pm |Rating: +4 0 |Link to Comment
  • What Is Going On With Gold? [View article]
    I don't know what kind of tobacco the author is smoking , but the massive ...and intrinsically unpayable private and public debt runaway dictates a substantial dollar devaluation ..Yes - all currencies are fiat ...but Gold is not ...I bought a new car 50 years ago for a thousand dollars today the price in dollars is twentyfold ...but in gold - unchanged !
    It is time for someone to wake up and smell the coffee .....
    Jan 08 16:21 pm |Rating: +5 -1 |Link to Comment
  • Gold is Money - And Nothing Else [View article]
    The notion that gold is"volatile ' and "fluctuates" is absolutely erroneous ..It is the dollar and other fiat paper currencies that meander...but over time - decline in value. The automobile I bought 50 years ago for $1000- now costs $25,000-...But the price remains the same in ounces of gold.!....yes.... gold is money ...the only durable money that cannot be debased by derelict governments !
    May 29 20:47 pm |Rating: 0 0 |Link to Comment
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