Originally Posted by irfubar
So Burns is going to pay me $10,000 Rubles for my ounce of gold... I will then exchange the Rubles for dollars, they are close to 1/1 now.
I will take my $10,000 usd and buy 5 ounces of gold..... then when the perto dollar collapses and gold is re-valued at $10,000 an ounce I will have $50,000 easy street baby.... retirement here I come smile


If the dollar is hyperinflated (or actually severely devalued as you pointed out earlier) by losing reserve currency status, then what good will come of trading your ounce of gold for even $50k US?