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| http://www.zerohedge.com/news/2014-12-18/what-gold-does-currency-cr...
This is what we've been talking about. Gold is a hedge against government. Now, IMHO, once we move to an all electronic currency, would it be wise to allow a competing currency like gold to exist? You have to think that government/bankers (is there a distinction anymore?) will want complete control over us. If you are allowed to buy gold, there will be a record of when and how much. If you own gold, and keep it if they demand that you sell it to them, there will be a record. Barter is a Mad Max scenario, and while that is a possibility, I don't know if it is prudent to prepare for it.
I suspect that one morning we will wake up and find that much of what we think we have has disappeared. And, I don't believe that there is a safe haven.
http://www.zerohedge.com/news/2014-12-18/where-great-recovery-25-wo...
This seems to be a clear example of what ZIRP has done. The worry here, IMHO, is that even with the stock purchases by CAT, the price appears to be going down. | |
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Killing the petro dollar
