If you watch this blog, you likely know that I am a proponent of having some precious metals to hedge against a falling currency. I try to bring sense to this and may have convinced more than a few to buy the yellow or white stuff.
I believe that a “reset” is in progress and what that means for the USD and other currencies is not exactly known but isn't good. But whatever comes next will still recognize Gold and be convertible. These are lousy times for many, even dangerous times for some. The best we can do is to protect our wealth, big or small, and Gold does just that.
One of my favorite Gold Gurus is Egon Von Greyerz who is a big shot at Matterhorn Asset Management in Switzerland. I affectionately call him a Gnome. Here is a very good interview to get your feet wet. Enjoy.