Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Wednesday, December 31, 2008

Gold compared to other currencies

The fiat dollar-based monetary system in place since 1980 is collapsing before our eyes. ...History tells us that when a monetary system collapses, the world runs to gold. As we can see in the chart below, that's what's happening now, as well. Note the new all-time highs gold has already made in both Canadian dollars and British pounds over the past several weeks.

---Lance Lewis, Minyanvill, 12.30.08

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