“There’s a lot of space between cash losing value and blood running in the streets.”
Not as much as you might think. History has shown that civilization is a thin veneer on society. After people miss a few meals, their children are hungry, or this month’s welfare check doesn’t arrive, you will see how thin a veneer it is.
“Not as much as you might think. History has shown that civilization is a thin veneer on society. After people miss a few meals, their children are hungry, or this month’s welfare check doesn’t arrive, you will see how thin a veneer it is”
Yeah, yeah, yeah. But my point is, howcome no one ever brings up how thin the veneer is when people talk about investing in stocks or saving in dollars? Seems a rather crazy and unfair burden for gold to bear. Or perhaps I can view it as a backhanded compliment. You have to go all the way to the end of the world as we know it before gold’s not so valuable.
Greeceland is a good example.