The World Blog by humble servant.

QUESTION:  Some claim that gold and silver are skyrocketing in terms of fiat currency prices because of the realization that fiat currencies are failing – mainly due to high inflation and un payable national, corporate and personal debt. All fiat currencies eventually fail. Only precious metals have retained, on average, a consistent purchasing power over the past 6000 years because time and energy cannot be printed out of thin air like fiat currency. I think Zero Hedge refuses to post your comments any more because they are always anti-fiat. I see your point that the metals are no more a store of value than anything else since they too fluctuate. Is fiat currencies not the issue as all the hype claims?:  I find that these people who purport that all the evil comes fiat currency as if we returned to gold as money would solve all the problems. They REFUSE to look at history. They seem to think that the debt crisis today is purely because of fiat currencies. For that to be true,...