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Drb2

Posted by goldielocks @ 13:57 on September 26, 2015  

I agree to a point but argues that things can be manipulated short term but not the long term trend. As far as gold is not money depends where you live as some countries like India and others understand gold better than people around us.

I agree it’s a commodity but as good as money because is used everywhere. They don’t like it because they can’t control it. If “money” we’re to collapse the only value you would have is gold. Yeah you could have other things but your not gonna trade a sports car for a bag of groceries.

Yes could be mad max but that usually aside from a atomic bomb or pole shift doesnt happen over night and not likely as he said himself  money will just move from one thing to the next. Right now money moving from one currency to the next. I don’t think the differences will ever be settled but do agree confidence has something to do with it although don’t totally agree that it’s not inflation as gold never went back to 35 dollars a ounce did it.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.