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 Silver Bullion, Gold, & other Bullion Metals
 Article: The changing importance of gold
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Nickelless
Administrator


USA
5580 Posts

Posted - 05/20/2009 :  03:02:52  Show Profile Send Nickelless a Private Message
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 05/20/2009 :  08:30:52  Show Profile Send Country a Private Message
It's possible the 20% devaluation of the USD against world currencies as outlined in this article has begun. The dollar index has dropped 10% in the past couple months. It wouldn't be surprising to see another quick 10% drop of this index in the near future resulting in increasing commodity and PM prices that would adjust correspondingly.

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The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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