Comment: What are stocks valued in, again ?

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Cyril's picture

What are stocks valued in, again ?

Gold and silver have survived millenniums.

In his latest video, Mike Maloney and contributors recall us kindly that ... EVERY SINGLE ONE OUT OF 600 fiat currencies - yes, SIX HUNDREDS of them (and starting with the letter "A" or "B") in History went to ... ZERO:

http://www.youtu.be/DyV0OfU3-FU

Fiat currencies seem to have a 100% failure rate.

WHY on earth the post-1971 US dollar WOULD BE any different ?

WHAT does that mean for today's stocks ?

Here's the answer to these two contemporary questions:

http://www.youtu.be/dv7H7iiyBsw

Point.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius