[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]
We will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.
I have heard some interesting rumors about a possible war between Israel and Iran that may happy very soon. We’ve all heard something, but a little bird told me it may happen in a matter of months. If this happens I predict WWIII will be quick to follow.
So all that said, it probably won’t make a difference between gold or currency. We would probably want to invest in food and gas masks!!
