Gold is above trend, but for a reason. However, you can't eat it so if you had gold and were starving, who would be more likely to dictate the terms in an exchange of gold for food?
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Well naturally they do.
ReplyDeleteYes, I saw Denninger, but I think his comment regarding gold might be insane.
ReplyDeletePS: No, gold won't save you if that sort of thing happens.
Would you be better, worse, or the same if you held all gold rather than the devalued currency?
Gold is above trend, but for a reason. However, you can't eat it so if you had gold and were starving, who would be more likely to dictate the terms in an exchange of gold for food?
ReplyDelete