View Single Post
  #5   Report Post  
Posted to rec.crafts.metalworking
cavelamb cavelamb is offline
external usenet poster
 
Posts: 1,536
Default OT-Rejecting fiat currencies

azotic wrote:
"cavelamb" wrote in message
...
azotic wrote:
The gold story - essentially - is that the rising economic powers of
Asia, the Middle East, and the commodity bloc are rejecting Western fiat
currencies. China, India, and Russia have all been buying gold on a large
scale over recent months.
Why should that stop when the AAA club of sovereign debtors is pushing
towards the danger threshold of 100pc of GDP?

Just touching $1200 an ounce today!


Seems some people would rather own gold instead of script.

Best Regards
Tom.



I still think it's a fools game.

You can't eat gold (or script).

But ammo and MREs aren't going to keep the ladies happy.
Better lay in a 12 year supply of Charmin too!