$6000 Gold?

Zerohedge posted a Sprott Asset Management commentary on why we can expect the price of gold to continue rising.

  1. Gold has served as a good store of value in the past
  2. Fiat currencies would not have gained widespread acceptance without the backing of gold, but this backing has surreptitiously been stripped away
  3. The supply of fiat currency is ultimately infinite because world governments have no other option but to inflate their insurmountable debt burdens away