Replies to post #2045 on Barrick Gold Corp (ABX)

[Abracadabra00]

"America has by default ended up with the world’s reserve currency and therefore , get the world to
work for them in exchange for an ever increasing supply
of printed greenbacks."

Sounds about right. The Fed prints money with no concern for inflation at all. Fiat currencies might be great very short term, but long term it is a recipe for disaster in my opinion. Fed needs to start buying gold. LOTS of gold :-)