re: dwek short rallies
imo the pog will go through the roof because amongst other reasons -
berny is on record as saying that he hasnt any compunctions about printing more paper which in turn will increase the inflationb rate and bring hyperinflation a la germany, zimbabwe
if the $ is not pegged against a standard, gold/silver, there is no benchmark as to its worth. If the $ is pegged then there is a limited amount that can be printed as there is a limited amount of gold available therefore a lower inflation rate.
gold is a store of wealth. as is evidenced by the fact that the $ is diminishing in value.
love it or hate it, gold will be arouind a lot longer than fiat money
