For those in the 'know', this has been happening for some time - not just now. Perhaps it's becoming more obvious in the mainstream because it's escalating, but anyone without their eyes shut will note it's been going on now for many years. I really like Greg's attitude and he does come across as someone with good intent, but at the end of the day he's preaching to the chior on this. Anyone who's stacking metals doesn't need to be told the fiat system is going to shit. What Greg needs is a moment in the mainstream spotlight to talk to the sleeping masses, similar to the 'wall street commentator' moment where he said 'JP Morgan rules the world' etc. A headline grabber will get his message out to those that honestly need to hear it most. For the rest of us, this is same old same old.
^ right on. In the currency wars, the US is not coming last, not by a long shot. Australia us doing pretty poorly though. Devaluation and expert competitiveness is the name of the game.
Rubbish. The US$ will either stay where it is or increase this year, just look at the data coming out of the US, there's no reason for it to drop significantly any time soon.
Even if the US default on Treasuries payments, and the Fed didn't lift a finger to print. Even in that extreme case, I don't believe USD would go into 'free-fall' against every other fiat currency. Gold and silver may not necessarily have a 'to-the-moon' day either.