CNBC seems to be coming around to Joe DioGuardi's point of view and it's about time someone start discussing the coming disaster.....
"The US supremacy as the top world economy will end sooner than many people believe, so gold is a better investment than the dollar despite it hitting a new record, Tom Winnifrith, CEO at financial services firm Rivington Street Holdings, told CNBC.com Monday."
"America is doing what Britain did," Winnifrith said. "America spends much more than it can afford and it's not addressing the issue."
"The 200 years when Britain and the US were the top two economies were an aberration and that will change," Winnifrith said."
"The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar"
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