Comment: Austrian Economics

(See in situ)

Austrian Economics

I stick to my understanding of economics. What the federal governments of the world are doing, Keynesian Economics, in my belief is guaranteed to fail. The consequences we here are all very aware of. So precious metals seem like a simple decision, a no brainer.

The harder the governments work to prevent gold from rising, the higher the rise will eventually be. Gold in itself will not actually rise in value, but FIAT currencies around the world will devalue.