Bakez

What I wonder is, if Gold does go to $10,000 an ounce, how will people with gold be better off? What can a normal person realistically do with gold other than wait until things normalise again and then sell it for the new currency that comes in?

Interesting straw in the wind!

 

I recall reading a couple of years ago, I think on James Turk's blog, a comment to the effect (I'm paraphrasing here) that one Monday morning we'd wake to find the price of gold in Asia is $5,000 bid, none offered. Could this be the Monday? We can always hope!

In most material I've read concerning peak oil and similar issues like this, the overwhelming picture indeed seems to be something similar - that one day people will wake up and it will have happened, there will be very little warning.

 

The same is probably true in past events that actually have already happened.

11pm?

When do Asian markets open in British time tonight?