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<p>[QUOTE=&quot;fatima, post: 1248485, member: 22143&quot;]NO.&nbsp; What you are seeing is the built in failure of the fiat money system.&nbsp; The inherent flaw of fiat money, that is debt based money, is they have to continuously increase the supply of the $s to pay back the people who are owed the interest on the debt.&nbsp;&nbsp; This is why there is a stated goal of the central banks to maintain an inflation rate of 2% to 3%.&nbsp; &nbsp; This sounds innocent enough until you sit down and do the math.&nbsp;&nbsp; Any system that grows at a constant linear percentage rate, ends up with exponential growth.&nbsp; Furthermore if you plot it, this growth all of a sudden explodes and the chart resembles a hockey stick laying on its long side.&nbsp;&nbsp; You will commonly hear from people who know this that we are entering the puck end of the curve.&nbsp;&nbsp; </p><p><br /></p><p>This is easy enough to see if you plot US debt since 1971.&nbsp;&nbsp; We just had a lot of political theater where the end result was as predicted by the above, they increased the US $ debt by another $2.5T.&nbsp;&nbsp; (It took 300 years to spend the first trillion BTW)&nbsp; &nbsp; This $2.5T will run out in less than 18 months.&nbsp;&nbsp; What we see now are the major currencies racing each other to the bottom.&nbsp; This would be the Euro, the $ the British pound, Yen, and so forth.&nbsp; The rest are in dire straits because of it.&nbsp;&nbsp; This is why people, businesses and governments are buying gold. </p><p><br /></p><p>So the answer to your question is that you will see $300 gold again when governments decide to pay off the debt and balance the budget.[/QUOTE]</p><p><br /></p>

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