RE: POG8 Oct 2025 11:40
Morning Zoros,
What is, in your opinion, the point of Gold then? And why do you think it’s going berserk now?
The financial system and fiat currencies can only be functional if based on trust (and not a lot else nowadays).
IMHO I think what we are seeing is a global collapse in trust, not just in the financial system or fiat currency, but in the political classes that have, over many decades, got us in to this mess in the first place.
They can set up whatever system they like, backed by gold or otherwise, but if people don’t trust it/them (and let’s face it who would) they won’t use it and it will not work.
What then? Where do people go to preserve wealth and trade between individuals?
Particularly if they start giving CBDCs expiry dates or not allowing people to buy what they want when they want, or just financially cancelling people altogether. Don’t laugh, it’s happening in China…and the political classes seem to be using them as a blueprint for all sorts of policies nowadays. As Matty said, they want total control.
Things cannot, and will not continue as they have for decades, something big is coming.
How do we steer ourselves away from such a future?
Your reply is eagerly awaited.