MichaelAThompson Wrote:
Sep 29, 2012 11:59 AM
I'm no gold bug, and I actually think it over valued by a LOT, but it seems to be the best item for backing money. After thousands of years of experimentation, and failure, seems gold almost always comes out as the winner for currency backing. Everyone has their reasons as to why but regardless of your stance history shows it to be number one. Fiat currencies tend to be the WORST and that is what we are currently experimenting with all across the world. I'm sure THIS time things will end well! > . <