fed taper in december, page-34

Pinto

I agree with your analysis there.

Let me say, if every country used GOLD then the world would be a much more stable place financially. How about Short selling the U.S. GOLD, this would affect the worlds gold and in particular the GOLD the shorters were holding.

Inflation, well being that GOLD is not a promise of debt like a fiat currency and not limited to one country then GOLD would rise with inflation. GOLD would maintain its value much more than would a Fiat currency world wide.