What you mentioned US facing are all true.
But that still can't reach the conclusion on the gold price.
Currency is just a game of confidence.
Don't get me wrong, I have a few shares of GLD, but I have to treat it as another commodity.
Gold is not the currency, and it will not be a currency again unless the civilization is gone.
The concerns are all true
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"Gold is money, everything else is credit" J P Morgan
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08/28/2014 postreply
12:50:56