Why you guys still value things in a currency that is quickly losing status as the world's reserve currency is beyond me... in the 1970s when gold topped $100/ounce everyone thought it was in some super huge bubble and was sure to fall back under $100. Then it passed $200, $300, $400 and they still thought it was going to fall down under $200 "at some point". Well, it did, in 1999 over 20 years later. It was only after it passed $600/ounce that people realized just how horrible Nixon and Carter had screwed up the economy, things that people are realizing about Bush/Obama now.
This has got o be one of the best things I've read on here in a while, very well said!
