Let Gold Do Its Job!

[A recent commentary here, Pass Line Bettors Finally Seven Out, drew a spirited response that included the post below. It is from Robert Moore, a forum regular and gold bull whose online profile describes him as “the obvious Pragmatist.” Mainly, says, Robert, its all about trying to protect one’s savings from theft-by-Government. RA]

Regarding the following, commonly held viewpoints expressed within this lively discussion:  1) Catastrophic Deflation as debt diminishes and debt-derivatives implode versus 2) Hyperinflation as the the money masters print feverishly to prevent number 1 above; or my personal favorites: 3) One, followed by Two, which is nearly always countered with:  4) “No you idiot, it will be Two, followed by One.” There is the obvious fifth option that everyone overlooks, and yet not one person in a thousand will be honest with themselves as to why they overlook it. The fifth option is the unfettered (read: unencumbered free market) revaluation of that most contentious of non-life critical physical assets (yes, I mean Gold).(…)
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