Gold is up $15 this morning.
Gold mining stocks are up nicely too. FCX and GG both up 4% today as of a few minutes ago.
Yup. Back to gold coins. Easy to obtain, easy to store, easy to confirm, easy to trade. ~$1200 per coin is a bit much for small transactions, but makes one think in larger scale.
This is where the anti-gold rhetoric falls: at some point fiat currencies do become unviable, and for all the arguments against gold it’s the next best thing short of devolving to full barter system.