By: Mike Hammer
As you know, we’re big Ron Paul fans around here. You can read about why in this earlier gold news article. His latest paper, The Dollar Dilemma: Where To From Here?, discusses the dollar’s recent rise in light of the current state of the US economy.
We think this paper should be required reading for anyone who follows currency markets, gold, and cryptocurrencies. In this paper, Dr. Paul talks about the role of gold historically and the case for gold in our modern financial system, which is becoming more and more abstract. Abstraction increases the possibilities for fraud, counterfeiting, intentional mis-reporting, and – dare we say it – gaming the CPI number.
To learn why that is important in your life every single day, you’ll have to read the paper (here). What do you think – Is Ron Paul right? Does gold have a place in the financial future? Let us know what you think in the Comments below.