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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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pak73
To: TobagoJack who wrote (165337)11/22/2020 12:23:14 PM
From: Lazarus1 Recommendation  Read Replies (1) of 217931
 
RE: "Otoh, we know fiat money is a fraud" --- well, at least its the generally accepted fraud, when banks do mortgages that have to be repaid in silver,gold, bidcoin (or whatever) and the utility companies do the same, as well as your local gas station and grocer - THEN YOU WILL KNOW THAT THINGS HAVE FUNDAMENTALLY CHANGED.

Until then, it's easy to pick the leader or the pack:

Bitcoin's value is quoted in dollars
Gold's value is quoted in dollars
Median home prices quoted in dollars
Stock prices/indexes quoted in dollars

Should goods and services become quoted n grams/oz of gold or increments of bitcoin then you'll have a new leader.

For now USD reigns.
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