Peter Schiff on Gold, page-7

I just think people should focus on the fundamentals

1. Fiat currency is created at will by the powers to be, and its (averaged) history is highly inflationary. Recent evidence is that this is going to get a lot worse, but this can be managed to a degree by the "powers to be". To a degree! But basically they have to pay for services which they cannot pay for, so we go into debt, and there are ways to manage this, as all of us knows.

2. Most correspondents compare the gold price in terms of fiat currency, and rant and rave and point to charts, trends and bends. But there can be surprises in the charts. Even on the futures market, surprise surprise.

3. There is a fundamental part of the human psyche that recognizes that what is created by man...lets be polite...vary in price....according to the more powerful mans nature... and they know more than most what the real game is. Do not be caught holding the fiat currency !

Gold is finite for sure
Gold cannot be produced by man, but of course it can be discovered. And for sure man is not getting smart enough to discover the gold that is getting bought.

Because man is not smart enough to discover predictably and consistently, the discovery rates are falling and typically appalling...and the investment community is wide awake, having lost a lot.
So less supply, and demand will pick up

Merry Xmas all