The Sinking Fiat Currencies Update.
Today I revisit some of the work I did on fiat currencies and gold back in 2007 when I was still working in the City of London as a futures and options broker.
I will touch upon a post I wrote for my blog and that was published online entitled "Currencies: They Are all Sinking!"
http://www.marketoracle.co.uk/Article850.html
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Thanks again as always for the class and educational material, Maneco64. By many accounts, there is roughly one Troy Ounce of above ground Gold per human being. If interested, one better get one before everyone understands.
The big question ofcourse is, what made all those countries adopt the same dysfunctional monetary model?