Wow, do you swallow everything the Fed says? You think that printing FIAT currency can finally work (see QE 1,2,3,4) when it has failed EVERY TIME it has been tried throughout history?
I am not going to waste my time too much here coz you will just recite the crud they have been feeding you/us, but be assured of this, it is INFLATION that is good for gold not the thought of it.
When people see that costs of things cost more and more and their FIAT paper buys less and less, they move to something that holds value like gold, which has done so for 4,000 years!
If we have finite resources and the population doubles there is less for everyone, this playing with words like GDP sickens me, as it is how they have caused this and duped people like you into this mess.
IE
"Gold is money, everything else is credit."
- JP Morgan 1912
Wow, do you swallow everything the Fed says? You think that...
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