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To: Nervous Tick

The Zimbabwean dollar hit a bottom (zero) and didn’t come back.

Every fiat currency in history has eventually dropped to its intrinsic value. The dollar will go there too.

Gold, however, will never go to zero.


20 posted on 06/20/2013 10:51:40 AM PDT by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra

The safe havens will have to have intrinsic value. Earlier this year I took a hunk of my savings and bought a house—for cash, fully paid-for. We all can see where Bernanke’s printing will lead and it was time to get out of cash.


23 posted on 06/20/2013 10:59:25 AM PDT by Windcatcher (Obama is a COMMUNIST and the MSM is his armband-wearing propaganda machine.)
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