Quote:
Originally Posted by XR6WGN-LPG
Lisaishername I just read an article on a precious metals site that totally contradicts all that you say.....They reckon the USD is going to end up being the only currency to invest in and the U.S.A will end up being the only surviving country/currency out of the all of the rest of them.
Dont put all your eggs in one basket!
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God I hope so. I love the USA.
Feel free to pay me in USD for my gold at some point in the future if you wish when I'm ready to sell.
Take a look at how much Gold China and Russia is buying btw.
I consider land, food and tools to be as good as gold. So I'm not putting it all in one basket by my standards.
You can dig as little or as deep as you want to on this topic but suffice it to say that I wouldn't want to base a civilization that I would govern (lets just say) on one single resource (like oil).
This is a nice 4 part series on the petrodollar:
http://ftmdaily.com/preparing-for-th...dollar-system/
I would like to see Australia go the way of Brazil in using more land for Ethanol. That will give us leaverage on the global oil market and doomsday wouldn't be much of an issue for us. We sure have the space for it.
https://www.youtube.com/watch?v=I5jmOwBf_qQ
https://www.youtube.com/watch?v=Q2aQwcdILdE
http://www.bloomberg.com/news/articl...out-buys-world
http://www.zerohedge.com/news/2015-0...-imf-gold-data