GREY:DRGDF - Post by User
Post by
CaptainHindsighton Nov 17, 2013 2:22pm
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Post# 21913965
Depleting Faith in Currency to Drive Gold Bull Run
Depleting Faith in Currency to Drive Gold Bull RunFiat money requires that consumers and investors have faith in it, something the U.S Dollar is rapidly losing!
Gold is a legacy monetary asset. It was there before they printed paper. It has its own intrisic value.
The world is overloaded with debt. To "solve" the problem the created more debt. and a day will dawn when the value of gold cannot be expressed in monopoly money.
There is no free lunch. The piper must be paid.