[getsoutalive]

Nope, we are watching the slow death of fiat money. Short term, sure its probably run too far too fast, but expect 4 digits in the gold price in the not too distant future.

[mr_hammer]

"we are watching the slow death of fiat money"

Agreed, this has been predicted years ago only to be po-pood by the elite fund managers.

Hey, anybody know where Greenspan is?

[A Balrog of Morgoth]

Nope, we are watching the slow death of fiat money.

We'll never see the end of fiat money. That's wishful thinking.

[american spirit]

Are we about to see the formation of a perfect storm of huge trade deficits, devaluing dollar, housing bubble, Iran, rioting Mexicans, budget deficits (+ Lord knows what else)?

[hubbubhubbub]

"Nope, we are watching the slow death of fiat money. Short term, sure its probably run too far too fast, but expect 4 digits in the gold price in the not too distant future."

$1000 Au by 2012

[nickcarraway]

I'm not a fan of fiat money, but I'm not sure it makes sense to tie our currancy to a particular metal. Are the productivity gains of technology etc., really outweighed by the availability of a certain metal?