Gold rally is not a bubble, mania stage ahead of us

By Doug Casey
Governments everywhere – prominently including the U.S., China, Britain, and Japan -- are creating hundreds of billions, even trillions, of new currency units. The backing, or “reserves,” for their various units are other currencies, mainly the U.S. dollar. The problem is that every one of the world’s currencies lacks an anchor in anything tangible; they’re all just floating abstractions.
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