His mistake is that he's too emotionally tied to gold and silver. There's nothing wrong with commodities, but it's a very small segment of finance.
The US dollar is too strong in the opinion of many - including President Trump.
This issue is debt-based money - not precious metals.
That is what is enslaving the citizens of the world.
I would think the present course of countries selling Treasuries is a pretty good indicator - but it would take something else, like, say, disclosure that there is no gold in Ft. Knox might do the trick.
Right wingers have been saying this for years.
Until there is something to replace the dollar, it will remain the reserve currency.
Period.
I have been hearing this since the 1970s. Yawn.
US is clearly in decline keep voting democrat it’s for one world government.
Always track back to the starting point.
Swamp members grin and nod.
That would be the best thing for the US long term. It would restore fiscal responsibility, though it would be painful.
The dollar basically took the place of gold as a valuable reserve asset. So every time the fed and banks print more dollars it’s like printing gold.
If it loses that status, then quickly the interest on us bonds would skyrocket and we’d be like Greece or Zimbabwe.