A must-read article for those interested in staying ahead of the game.
From the link:
And "as the decline in purchasing power of fiat currencies is magnified, gold will start attracting even more interest from individuals that are seeking an alternate 'currency'," said Emanuel Balarie, a senior market strategist at Wisdom Financial.
Now there are "trillions of dollars floating around and as people flee paper money (dollars), gold and silver money become attractive competitors," said Peter Spina, a chief investment strategist at GoldSeek.com.
One could say, "gold IS money," he said.
"As more and more investors start allocating more resources in gold, we could see $800 and as high as $1,000 by year's end," said John Person, president of National Futures Advisory Service.
"All the elements are in place for such a move, and it would not be unrealistic to achieve in a relatively short period of time," he said.
As I've said before, govern yourselves accordingly.