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S W
Member since October, 2013
409 commentaries - 3 followers
Commented On
 Why Rising Debt Will Lead to $10,000 Gold - Nick Barisheff - Bullion Management Services  (11)
So the debt level becomes unsustainable.
Fiat becomes irrelevant.

Nobody will be selling their gold for $10,000 per oz

But people might be selling a waterfront house with 4 bedrooms for an ounce of gold!


Commented
1022 days ago
Read the headline :Today, I’d like to focus on one important idea: the direct relationship between the rising price of gold and the rising levels of government debt that result in currency debasement.Since we measure investment performance in currencies a clear understanding of the outlook for currencies is critical...Read More
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