Why Gold Triumphs Over Paper Currencies.

maneco64(75)
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This is a weekend report on the performance of gold or xau versus all the major fiat or national currencies year to date.

Today I also talk about why gold always triumphs versus paper, fiat or state currencies. I will be referencing the book "The triumph of Gold" by Dr Franz Pick. Dr Pick points to the fact that paper or national currencies are man-made and therefore fallible just as man is.

I will conclude with a report of how the major national currencies in the twenty-first century are faring versus gold or the currency of kings.

My conclusion much like Dr Picks is that as long as humans are fallible gold as currency or money will continue to triumph versus fiat currency or paper money.

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Why Gold Triumphs Over Paper Currencies. | Ecency