#gold #dollar #fiatcurrency #paper #silver #soundmoney #inflation #federalreserve #centralbanking
#qe #venezuela #hyperinflation
Today I will cover the recent move in the gold market and what it signifies not only for the dollar but for all fiat currencies.
My conclusion is that the moves we are witnessing in the dollar and all other major fiat currencies is unprecedented and could very well be pointing to a massive depreciation of their values versus real things.
I also look at what has been happening to the Venezuelan bolivar fuerte since 2013 to show how trading physical gold during a currency collapse could be highly detrimental to one's finances.
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