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Rats are Quite Tasty

January 21, 2018 By Philip Barton

Sunday

Two contacts in the past week were salivating at the prospect of the price of Gold rising.  It calls for a comment.

For the umpteenth time – it is not the ‘price of Gold’ going up; it is the price of the dollar falling.  The value of the dollar, as costed in Gold, is weakening.  Fortunately, not a lot.

You silly fellows.  A currency collapse, which is what you are rooting for, will be a catastrophe of historical proportions.  When the US$ collapses, all of its derivative currencies, all of them, will also collapse.

Do you really want that?

Can you not follow the simple logic to see where that leads?

Can you not understand the ramifications of a cessation of international trade?

You will be hunting rats and magpies for food.  Rats are, apparently, quite tasty, but very hard to catch.  Magpies are easy to catch, like seagulls, but I can personally vouch for the gastronomic inadequacy of both.

Be careful what you wish for.

Anyway, the good news is that there is no sign of a US$ collapse in the near future.

Filed Under: Philip Barton Tagged With: currency collapse, derivative currencies, dollar falling, hunting rats, magpies, price of gold, seagulls, US$ collapse, value of the dollar

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