Thursday, 19 October 2017

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Gold Tells the Truth

Posted by
May 17, 2012
in Blog

 

 

One of gold’s greatest powers is that it is a unit of account which cannot be fudged nearly as easily as the fiat all-you-can-print buffet.

Feel like your wages are buying less in real terms?

They are:

Feel like your dollar is buying less, even though the financial press claims that the dollar is strong?

It is buying less — but so are the other fiat currencies:

Feel like the housing bubble hit you hard?

It hit you harder in gold-denominated terms: …

Continue reading at ZeroHedge.com…

image: azizonomics.com