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Archive for abandoning us dollar

Dec
08

Fiat Currency Is Doomed To Fail

Posted by: PC | Comments (22)

fiat money cartoon Fiat Currency Is Doomed To Fail

By Peter Costa

Gold bears are sitting in their glory as gold takes the much anticipated correction. It amuses me how gold has been such a proven asset for over 5000 years and the second it has a correction people start to abandon ship. I am a gold bug and proud to admit it. I cease to believe the illusionary dollar recovery and have no doubt in my mind that inflation is about to rear its ugly head. The problem with most gold investors is that they see gold as an investment rather than an asset. They look at gold and try to turn profit on its volatility not even considering that it is an asset more than anything. Gold is a precious asset and only those who appreciate and understand this are going to benefit from the preternatural climb it is about to have. Read More→

Comments (22)