The Sinking Fiat Currencies Update.
Today I revisit some of the work I did on fiat currencies and gold back in 2007 when I was still working in the City of London as a futures and options broker.
I will touch upon a post I wrote for my blog and that was published online entitled "Currencies: They Are all Sinking!"
http://www.marketoracle.co.uk/Article850.html
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The big question ofcourse is, what made all those countries adopt the same dysfunctional monetary model?