Replies to post #1632 on First Mining Gold Corp (FFMGF)

[jt6455]

It will they all do every one of them with a 100% certainty. History tells the story it always does and there's 5k years of it to support this fact.

Once this Keynesian nut house of an experiment has run its course and its failure is complete a new monetary system will replace this one.

[Shaark]

'Tommy Two Times' Unfortunately the examples{countries} you mentioned lack the following: [1] Unlike the $, they are not the reserve world currency, the $ is. [2] They do not have a large bond market such as in the U.S. [3] They do not have the capital structure or market that the U.S. has. [4] They do not have the commercial or industrial base that the U.S. has. [5] Unlike the countries you mentioned, the U.S. is neither a bannana republic or a 3rd world watering hole. If you think that a monolithic power structure such as the U.S. will wimper & die over the fact that they issue fiat, then ask yourself this question: What will happen to the rest of the world, where every single country on Earth now issues fiat? Are they in a better/stronger position than the U.S.?
Gold is just fine, but it takes a huge leap of faith to think that it will overtake U.S. capital markets. GLTA Play it like you see it.