OT-Rejecting fiat currencies
"azotic" wrote in message
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"cavelamb" wrote in message
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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.
Heh!
I wonder who that might be?
Harold
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