[quote=arraya][quote=jpinpb]Partypup – gold at 5k?! Are you serious?[/quote]
That would be more from the dollar losing value than anything. The whole world is threatening to start new currencies and it may be a good idea to pay attention and think of what would happen if the dollar lost reserve currency status. Because that is where this party looks like it is headed.
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That’s exactly where this party is headed, and you are right that this is precisely why gold is critical to any portfolio now.
“Chinese Propose Replacing Dollar as Reserve Currency”
Unfortunately, most Americans are completely oblivious to these developments. They will literally be blind-sided by the sudden and steep devaluation of the dollar, as they were blind-sided by this crisis.
