What I really think will happen is that we will see the world's major currencies go back on a physical asset standard down the road, but this time it will be a mix of gold, silver, platinum and palladium, and maybe even copper and nickel.
But, but, but CNN and the AP say jobs are being created and the economy is booming thanks to Obama. Those organizations wouldn’t lie would they?
Bookmark and bttt
Terrifying article.
It doesn’t bother me of someone calls me a kook. But with that being said it’s reports like this one and there are a lot more of these coming down the pike, mind you. I get more than an inkling why the Republican alias the GOP-E are desperate for Romney to become the candidate. He won’t win and that takes the onus of the collapse off of them.
You see they won’t be in power when it happens and it will all be the other guys fault. And they think that they will be the white knights coming in afterwards to fix it all.
What they don’t see is that the other guy is the one in POWER and still will control a lot of assets. And let me tell you one of the biggest if not THE biggest ways to control your Armed forces is to feed and cloth and PROTECT their members families. Do that and it becomes THEM against US and at that point it’s all over.
The rest I leave up to your fertile imaginations.
Gold might be good on the mega-scale between countries if it all hits the fan, but I doubt the peasants will get much comfort from it.