Gold and Silver’s Explosion
whether gold and silver are a proxy for fiat currency or not, many see them that way and history validates the idea. For this reason the ascent in the price of both is stunning commentary on the dollar especially, since it is the world’s fiat currency. If the dollar fails, are you going to trust some other currency managed by some other group of corrupt officials?
Gold: ‘This is the perfect storm’ – Apr. 8, 2011: money.cnn.com/2011/04/08/markets/gold/index.htm