Another bearish article on Gold, LOL!! They just keep popping out the wood work now. I love this statement.
“Gold has become a fiat commodity or a fiat commodity currency, just as the U.S. dollar, the euro, the pound sterling and the yen…are fiat paper currencies and as Bitcoin is a flat virtual currency,” said Buiter. “The main differences between them are that gold, like Bitcoin, is very costly to produce, while the production of additional paper money has an extremely low marginal cost.
O yes just keep on pumping out the cash and lets see how this turns out. Man I wish I could just create my own money at any time. I guess I could but would go to jail but for Gov's around the world its perfectly legal. LOL!!!