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<p>[QUOTE=&quot;GoldFinger1969, post: 25845540, member: 73489&quot;]Gold is going to go up because of favorable supply and demand trends, TC.&nbsp; Fiat this or that really doesn&#039;t matter -- definitely NOT for retail (who can&#039;t move the prices) and not even for most institutions who have other more efficient means to counter declining currencies.</p><p><br /></p><p>BitCoin does appear to be gaining flywheel traction.&nbsp; I&#039;ve never bought it but the younger crowd seems to like it and institutions and the super-rich apparently like it.&nbsp; Recently met with a guy whose boss owns over $1 billion Bitcoin -- not selling. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p>If real GDP and purchasing power are increasing, that is all that matters.&nbsp; U.S. holders of dollars don&#039;t track the dollar against other currencies.&nbsp; You may see the effects in the cost of an imported TV or car....or a vacation overseas....but for day-to-day living, it&#039;s not a factor.[/QUOTE]</p><p><br /></p>

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