Doug Casey and Jim Rogers were recently interviewed on Wall Street for Main Street by Jason Burack. During their hour-long discussion, Doug and Jim delve into the age-old problem of fiat money and government debt, stressing the importance of competing currencies as tools to avoid the inflation created by government money printing. While both are skeptical of a gold backed currency replacing the dollar anytime soon, average investors can still protect themselves from an international currency war by buying physical gold and silver. Both Doug and Jim note that they have no intention of selling their gold in the near future.
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