Famous value investor Charles De Vaulx loves gold vs fiat currencies. When asked if gold is going up based on the "great fool theory," De Vaulx says that those buying paper that can be printed endlessly are the greater fools.
Gold, Silver, Bullion, Investing, Inflation, Hyperinflation, Peter Schiff, Marc Faber, Jim Cramer, Gerald Celente, Jim Rogers, Nouriel Roubini, Glen Beck, Barack Obama, Bernanke, stock market, stocks, Robert Kiyosaki, Jim Sinclair, gold intelligence, gold-intelligence.com
@TheNRA4ever
hi
what is your view on gold if you live in europe?
in europe the government is reducing spending which means lower chance of hyperinflation.
hyylo 1 year ago
@numag1 hope soon~
iaf000 1 year ago
Gold and silver are my currency.
halfasheep 1 year ago
The female interviewer doesn't seem to get it. She thinks gold is just a pretty metal used for jewelry. It's amazing that people think paper fiat currency is real money. It's like an hypnotic spell. As long as people remain in that hypnotic spell, they will continue to believe paper money is worth something and will continue to accept it as an exchange for goods and service. But when that illusion finally starts to dissolve, we will see gold really take off to level never before imagined.
numag1 1 year ago
now they are all getting on board...people call gold a buibble....no way..its only a bubble when EVERYONE gets in....we aint seen nothing yet!!!! GOld hits $1400-$1500 by the years end...and thats a conservative guess!!
TheNRA4ever 1 year ago