Originally Posted by antelope_sniper
RW, your article is written by the same guy who predicted $50,000.00 per ounce gold back in March of this year.

He's a kook.


Well, he may be a kook and so on and so forth. But it seems that two points the article makes are quite sound, even if he is a kook.

The first is the shakiness of fiat currencies. There is no doubt that value of the dollar has depreciated greatly over the years. That trend to devaluation will continue and the kook is quite correct about that. The "when" and the "how bad" are uncertain but the "direction" is clear and it is down. In the short term, the dollar may go up but then it will resume its decline for sure.

The second point of the article is simply one of diversification to investments other than the dollar. Again, quite sound.

TF


The tax collector said: “Lord Jesus, have mercy on me, a sinner.” Jesus said he went home “justified.”