"Gold falls on stronger dollar, jobs data." Kitco

Diogenes, the Cynic, spent his entire life searching for an honest man/woman. Did he find one?

There is no record that he ever did!

His search was initiated when his father was convicted of embezzling from the Corinthian Mint. (Seems thing never change. To my knowledge they haven't charged anyone with the recent "disappearance" from the Canadian Mint!)

Fiat currencies have never survived! (truth) Stay tuned for the "triple waterfall" when a "Sawbuck" will have difficulty challenging a "plugged-nickel" for value at your local supermarket!!"

Currency debasement started when a caveman first traded a dinasaur egg for a stone axe. Next he was trading the shell! (Hence the "shell game!?")

Anything and everything that man could carry, didn't smell after a few days in the sun, or walked of its own volition (cattle) has been used at some point in history as money, and failed!

It's not if it will fail, it's merely when, and what will replace today's fiat! What'll you do when the mechant says "NO" to your paper!

In eight short years gold has risen from $250.00/oz to approx $930.00 (knocking on the door of $1,00.00 a couple of times!) so it appears to be at least protecting one against debasement, which is obvios to some to be totally out of control!

When gold shoots through the $2000.00 level, where will the SP of Jr golds be!?

I can't say with any accuracy, but I certainly want a healthy position of Jrs in my portfolio!

RUF

PS: Spending my days searching for an honest man in the financial markets! If I find one you'll be the first to know!