Measured against gold, the dollar and the pound have declined by 99% since 1913. This would not have happened if governments had not been allowed to use the financial system as a voting machine. But sadly this will continue at an accelerated pace in the next few years.
Governments seem totally incapable of comprehending that they cannot solve the world’s greatest financial crisis by applying more of the same toxic medicine that created the problem in the first place.
Let us pray that gold doesn't top out at $US5000/oz or much higher!
The results would play like something out of sci-fi!!
RUF