RE: Billions of Gold (and Silver) Sold.. Now what?

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Billions of Gold (and Silver) Sold.. Now what?

in money •  7 years ago 

Read 'When Money Dies' by Ferguson. A brilliant book re Weimar Germany.
Remember when Weimar Germany hyperinflation happened many currencies had gold backing.
Now we have nothing . I expect hyperinflation in 'The West' now in spades.
It gets to a point (eventually) where governments can not manipulate it. I am surprised it's gone on so long, like many others, but the longer it does, the higher in nominal dollars the price of silver and gold will go. We have done nothing in the last nine years but make more fiat currency, hyper liquidity if you will. Hyper liquidity is the precursor to hyper inflation.

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