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S W
Member since May 2012
438 commentaries - 3 followers
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has posted a comment on the article :
>Why Rising Debt Will Lead to $10,000 Gold  - Nick Barisheff - Bullion Management Services
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!


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1335 days ago
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Beginning of 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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