What you predict may come to pass Menta. The crux of your postulation is that gold will be the value of last resort. I believe that will be proven correct.
When fiat currency such as that in Argentina and other failing economies (all ) depreciates to the extreme (as is currently occurring) why does one think that the POG will not improve?
It's simply symptomatic of the debasement of fiat relative to real assets such as gold and silver which has been proven over eons.
Some people just cant bring themselves to the realisation that the days of the USA Oil backed dollar are over.
I am far from anti American. Quite the contrary. However, I can see the writing on the wall, even if some here cannot.
Anyway, pardon my misspelling of these, as I only speak them with friends rather than know how to spell them : Gambey; Kempai; Salud; Chin chin; Sente; Salute; Nosterovra; Yakidah; Cheers and up yer kilt. Oh., forgot, Skol !
