{"id":4688,"date":"2015-01-20T19:06:29","date_gmt":"2015-01-21T00:06:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4688"},"modified":"2015-01-20T19:06:29","modified_gmt":"2015-01-21T00:06:29","slug":"this-is-a-race-to-the-bottom-where-no-fiat-currency-wins","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4688","title":{"rendered":"“This Is A Race To The Bottom Where No Fiat Currency Wins”"},"content":{"rendered":"

“This Is A Race To The Bottom Where No Fiat Currency Wins”<\/a><\/h3>\n

Following another frustrating year in the previous metals markets, 2015 is showing signs that change is afoot.\u00a0As Santiago Capital’s Brent Johnson<\/a>\u00a0notes in this brief presentation, while being ‘wrong’ for the last 2 years on gold has been painful, is it any less crazy to believe that it will turnaround that to believe the hype that The Fed will raise rates once again (just like it promised in 2010, 2011, 2012, 2013, 2014, and now 2015…) –\u00a0who is really losing their credibility?<\/strong>\u00a0With the world’s fiat currencies waging war and dislocations mounting, gold is no longer the ‘David’ underdog fighting against the ‘Goliath’ central banks… but is –\u00a0as Alan Greenspan opined<\/a>\u00a0–\u00a0“the premier currency. No fiat currency, including the dollar, can match it.”<\/em><\/strong><\/span><\/p>\n

The currency wars are here… and they are a race to the bottom where no fiat currency wins.”<\/em><\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

Full note below:<\/p>\n

 <\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

“This Is A Race To The Bottom Where No Fiat Currency Wins” Following another frustrating year in the previous metals markets, 2015 is showing signs that change is afoot.\u00a0As Santiago Capital’s Brent Johnson\u00a0notes in this brief presentation, while being ‘wrong’ for the last 2 years on gold has been painful, is it any less crazy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[124,951,1098,303,305,374],"class_list":["post-4688","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-currency","tag-currency-wars","tag-fed","tag-federal-reserve","tag-gold"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4688"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4688\/revisions"}],"predecessor-version":[{"id":4689,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4688\/revisions\/4689"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}