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Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (9657)	12/16/2025 9:01:15 AM
From: Valuepro	Respond to of 9663

"... an impending run in all commodities, especially if measured relative to the price of gold." Interestingly, Karl Marx observed that the value of all things is ultimately weighed against the price of gold. Having said that, I've lost my sources for that quote and have not been able to find it again in such a succinct way. The only difference between then and now is the creation of fiat money used on a global basis. Perhaps markets are "returning to the mean" in terms of measuring value against POG. Let me add, though, that fiat money isn't all bad. It makes people richer sooner, ... for a time. Then comes a reckoning, always. That is not the case with a gold-backed system, if the bankers AND OTHER LENDERS can restrain themselves from lending out far more than they have on deposit. The failure to prevent that is a chronic problem in monetary history.