pascoe-meter update, page-61

  1. 2,388 Posts.
    Skol there is a reversion to the mean underway.

    For the greater protion of the worlds commercial history trade has been conducted using 'hard' currencies. Gold, silver and copper mainly.

    Paper currencies have never lasted any significant length of time, the average lifespan of most unbacked paper currencies is measured in decades. The US dollar is approaching 40 years, no unbacked fiat currency has ever lasted so long.

    Gold and silver are going up because faith in fiat, government and bankers is going down. So we are reverting to the mean, and that means gold and silver will once again be part of our means of trade. How and when exactly I don't know but the writing is on the wall, the prudent have already taken action.
 
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