I think your logic is baked. The current US debt to GDP ration is 100% and will grow by at least 10% a year. As one columnist put it; only the US currency could survive a situation like that, but not for long. You keep on holding your US$'s and I will keep on holding my gold. We'll see who's right in the end.
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I think your logic is baked. The current US debt to GDP ration is 100% and will grow by at least 10% a year. As one columnist put it; only the US currency could survive a situation like that, but not for long. You keep on holding your US$'s and I will keep on holding my gold. We'll see who's right in the end.
Jan 08 09:23 am
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All Comments by William Feader »What Is Going On With Gold? [View article]
World reserve currency - hah