The Two Worlds of Precious Metals: East and West - (Nielson), page-8

i read most of what gets posted but rarely post myself. i must admit i find the timing of.your posts most interesting skol, mostly when gold price comes off and stocks make a rally.....

i do wonder why u are so pro fiat money when your arguements against gold can equally be leveled at fiat money...... in fact more so against fiat money. u cite capital growth, yeild etc wrt fiat, but its only as good as the confidence the next person.w will accept your cash. same for gold true, its confidence /sentiment driven.

humans need something to store their wealth. if its a game of confidence then my vote is not on our fearless central bankers/govts who control fiat cash. ts funny how there is a rush to gold when ppl get nervous. says to me that the arguement is the.other way round, ppl arent losing faith in.gold but ate being greedy and speculating on a more risk on mood to try and make larger gains - nothing wrong with that, im guilty of it myself. but in the long run i think fiat currency and our current economic system is going to be shown for the fraud that it is. if/when that happens gold will be king. maybe it wont be for years yet or even decades... maybe im.wrong, maybe im right. only time cam tell.