History with its flickering lamp ....
It is not given to human beings, happily for them, for otherwise life would be intolerable, to foresee or to predict to any large extent the unfolding course of events. In one phase men seem to have been right. In another they seem to have been wrong. Then again a few years later, when the perspective of time has lengthened, all stands in a different setting. There is a new proportion, there is a new scale of values. History with its flickering lamp stumbles along the trail of the past, trying to reconstruct it's scenes, revive it's echoes and kindle with pale gleams the passion of former years.
- Winston Churchill
IMHO we have never been down this twisted perverted trail we now find ourselves on. Inflation? Deflation? Perhaps some mutant hybrid of the two. In any event the dominoes are falling, and the biggest domino of them all is the U.S. dollar.
Many years from now, when time has changed all perspective, gold will certainly have value, but the dollar .... who can foresee? |