Replies to post #18850 on ***Precious Metals Investors Club***

[Stinky_pinky]

Good article Snoot. I'd like to point out that in 3rd century Rome, it was the silver denauri (the popular coinage) that was debased...not the gold coinage, that was used by the 1% at the top (and soldiers). Hmmmm. I'm going to add this one to the sticky posts as a "must read". S~P

[milo3]

snootmagruder, Great article that explains how the loss
of a stable currency unravels the fabric of 'civilized' societies. Apparently we are a nation of spoiled fools who have elected fools
to safeguard the value of what should have been our sacred
currency.
While Dylan Grice doesn't guarantee the USA will follow the same exact unfortunate course of past societies that debased their currencies he certainly gives us a glimpse of what seems likely and why it will happen if/as the Dollar looses too much of its value too fast.
Will the frog remain in the pot as the water temperature rises or will it jump out and create havoc ?