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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 464.71+1.5%Jan 26 4:00 PM EST

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To: maceng2 who wrote (66785)10/3/2010 5:21:04 AM
From: Maurice Winn1 Recommendation  Read Replies (2) of 219783
 
You have the right idea, but you drew the wrong conclusion: <Maybe, in our lifetime, fiat currencies will be dropped as being unreliable and gold coins etc become the worlds currency by default? No involvement by government necessary as they will be powerless to stop the process. It will be world democracy in action. >

It is not a dichotomy = gold or kleptocratic state-run fiat money. Both are grossly defective and not long for this world.

Mqurice
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