What's going on, you may be asking? Why do I keep reading newspaper stories, like this one, telling me that the dollar is getting stronger and that gold is getting weaker?
Is the entire world investment Wildebeest herd sweeping from one fearful terror to another, on a whim and a prayer? Does anybody really know what's happening?
Do the Austrians know?
Chief amongst these Austrian predictors is Peter Schiff. He forecasts that the Dollar is going to collapse against gold, along with all other world paper currencies (though the Dollar will be worst hit.)
So what do you do? Do you follow the herd as it sweeps into the (temporarily?) stronger Dollar, or do you go with a priori Austrian theorizing?
The choice, alas, is yours. Obviously, we'll all find out for sure in, say, five years. But by then it will be too late if you took the wrong road. Or you could get rich if you choose the right road?
So who do we blame for this constant uncertainty, where we can never plan safely for a prosperous future? Just ask any politician or central banker of your choice.
We allegedly pay them lavishly for the privilege of their wise rule which is supposed to smooth out all of life's troubles, yet all they seem to visit upon us is one volatile problem after another.