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Barrick Gold Corporation Message Board

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  • binnybeoris binnybeoris Jul 24, 2012 8:36 PM Flag

    This is pricing for Worldwide Depression !

    OK, think about this. If currencies are no longer trusted, what supports global trade? It won't be gold bullion. The most logical scenario is that global currencies will all fall, some more than others, creating a new distribution of wealth among trading nations. The worst case scenario would be a return to the gold standard. That won't happen. Yes, repairing the sovereign debt crisis is absolutely necessary. But good luck with that one. I strongly believe that economic growth can do as much harm as economic contraction. Perhaps the best path is one of pure austerity. You know, like 2 kids to a married couple max. Limit consumption. Save the world. Don't destroy it.

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