GOLD gold futures
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gold price denominated in fiat currencies

  1. timber1956
    7,424 Posts.
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    04/10/12
    11:10
    Post #: 10811036
    I have an open question for the gold bugs:

    If fiat currencies are inherently worthless because governments can print as much as they like, shouldn't the price of gold expressed in terms of those fiat currencies be meaningless?

    Why should I care if the price of gold goes from $1700 to $1800 if the value of that $1800 is an illusion?
    Value at posting: $0.00
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