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Niger Days After Explosion That Killed Over 90Yankaba Declares Kwankwaso, Gov Yusuf No Longer Members Of NNPPTinubu Gov’t Approves Construction Of New Refinery In NigeriaYou Will Reap The Benefit Of Tinubu’s Administration If You Are Patient – Wike To Nigerians“We Cannot Heal The Wounds If We Continue To Be Angry” – Details Of Discussion Between President Tinubu And Ogoni People EmergeSpeed Darlington Released From PrisonFubara, Uzodinma, S/East Governors Allegedly Plotting Against Tinubu, Wike – Ohanaeze NdigboEcobank Faces $68 Million Legal Claim In Connection With Allegations Of Defamation, Abusive Proceedings, And CoercionNnamdi Kanu Drags Buhari’s Former Aide To Court, Demands ₦100 MillionSERAP Gives Tinubu 48 Hours To Reverse Telecom Tariff HikeTrump Administration Removes Admiral Linda Fagan As Coast Guard ChiefAustralian Open: Novak Djokovic, Aryna Sabalenka Enter Semi-finalsFG Convicts Over 100 Terrorist Financiers In Two Years“The Best Of Us Must Lead The Rest Of Us” – Sowunmi Says Afer Visit To Peter Obi (Photo)Transfer: Manchester City Sign Vitor Reis, Andres Garcia Joins Aston Villa‘Nigeria’s Economy Fast Improving Under Tinubu’ – Gov SaniLabour Party Lauds Elon Musk For Influencing Trump’s VictoryCourt Postpones Hearing On Suit Seeking To Halt Statutory Allocation To 44 Kano LGsNNPCL Hikes Petrol Price To ₦990 Per Litre In AbujaRuben Amorim Makes Contact With Ferguson Over Poor Run At Man United‘It Was So Bad’ – Nollywood Actor, Dele Odule Opens Up About Saddest Moment Of His LifeSenate Pushes For National Census Before 20277 Nations Endorse Nigeria’s Bid For UNESCO Media Institute – IdrisGov Yusuf Commissions Streetlights, Road Projects In Ganduje’s HometownPhotos Of Wike, Fubara And Ogoni Leaders’ Meeting With President Tinubu Emerge, Spark ReactionsShettima Arrives For Africa Investment Forum At WEFTUC Opposes VAT Hike, Warns Of Economic HardshipIntensify Onslaughts Against Bandits, Terrorists – Gen Oluyede Tells TroopsDon’t Embarrass Yourself Outside – IK Ogbonna Stresses Importance Of Good HygieneCourt Remands Ex-Kaduna Chief Of Staff Over Alleged ₦3.96 Billion FraudFG Confirms Outbreak Of Infectious Decease In Zamfara‘Notorious Bandit Leader, Bello Turji Releases All Hostages Amid Military Pressure’Okocha Hails Iwobi Over Form, Ikorodu City Appoints New CoachTrump Renames Gulf Of Mexico To ‘Gulf Of America’ In Executive OrderGermany Rejects President Trump’s Panama Canal Takeover MoveBreaking: Senate Suspends Budget Defence For Auditor General’s OfficeBREAKING: Tinubu Meets With Fubara, Ogoni Leaders At Aso Rock“Thank You For Your Commitment” – Tinubu Praises Keyamo On 55th BirthdayTragedy As FMC Abeokuta Staff Commits Suicide By Jumping Into WellMexican Legend Blasts Lionel Messi For Mocking MexicoBuhari’s Ex-Aide Faults Peter Obi’s Silence On EFCC Operative’s Killing In AnambraNnamdi Kanu Gives Fresh Order To Lawyers, Releases ‘Full List’ Of 1996 Coup PlottersVictor Boniface Available For Bayer Leverkusen Vs Atletico 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Her To Have More KidsKate Henshaw Makes Case For Ngozi Ezeonu For Scolding Braless Upcoming ActressesNFF Announces Schedule For 2025 President Federation Cup Draw
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This Is What Happens To Gold When Citizens Lose Faith In Fiat Currency

  • Naira
  • February 21, 2016

It appears, first slowly and now quickly, the world is realizing that Alan Greenspan was right after all: “Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it.”

As Nick Laird exposes, gold prices are running away in the weakest countries first…

It can never happen here though, right?

Source: Sharelynx

Your rating: None Average: 5 (2 votes)


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Published on: February 21, 2016

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