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.
Yeah, but speculation on the things we can eat and use is counter productive, which is why people invest in gold - BECAUSE YOU CAN"T EAT IT AND CAN"T BURN IT DUMMY.
What Is Going On With Gold? [View article]
World reserve currency - hah
Gold Poised to Move Higher [View article]
On Dec 28 10:09 AM otbricki wrote:
> Let us get this straight...
Gold Poised to Move Higher [View article]
Uh, I think you better speak to the CIA and JP Morgan because they don't think the price of gold is based on supply and demand, nor do I.