Relevant:
- The market is telling us that the dollar is finished
- Study Finds the dollar gold price controlled by JPM in cooperation with the BIS; "No Free Market in Gold"
- Gold Was The Best Performing Currency In 2014 Behind The US Dollar
- Jim Rickards - Monetary System Will Go Gold Soon
- Gold and Gold Stocks -- A Meaningful Reversal?
2017-09-25 — internationalman.com
A major effort has existed to repeatedly knock down the value of gold in relation to the dollar. This is only possible in an environment in which public faith in the banking system and the stock market remain high. As soon as those two confidence bubbles burst, the dollar will decline rapidly in relation to gold, and gold will once more return to its intrinsic value, just as it has done time and time again for over 5,000 years.
...
Over the millennia, mankind has used cattle, tobacco, seashells, even tulips as currency, yet each of these has failed at some point. More importantly, all paper currencies that have ever existed, except the current ones, have not only failed, but have gone to zero in worth.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
