RE:New post
I don't know when it will happen, or if it will happen in our lifetime, but I am sure that following generations will look at our time and will shake their head in disbelieve about the established believe of our time, that exponentially growing amounts of debt were no problem for currencies and that only paranoid people were worried about it.
I guess one has to live within such times to believe it.
In some aspects the current climate very much reminds me about the early 2000s, when the gold bull market started. This time the denial seems even more strange and surreal to me.
And finally I want to add that I despise people like Baskin who obviously have lost any sense, why gold has been asociated with the sun and the metal of the gods, why wedding rings are made of gold, why the USA and the West hoards the biggest amount of gold and finally why gold is called the money of kings, silver the money of gentlemen, barter the money of peasants; but debt the money of slaves.