“I have yet to see anyone present any logical economic premise that concludes that our country will not eventually see a currency collapse. Instead, I see several clues that reinforce my concerns. Throughout history thousands of currencies have collapsed, but precious metals have held their value. It should come as no surprise to learn that over the last few years China, Russia, and many central banks have been stockpiling gold. Germany and Venezuela quietly announced earlier this year that they are repatriating their gold stores overseas—not coincidentally mostly from the US—back to their shores.”
http://www.millersmoney.com/editorial/should-you-trust-your-instincts-on-gold
(Visited 39 times, 1 visits today)
Related posts:
'HELP: Detroit is Waiting to be Rescued!'
Quagmires Are Often Just a Few Steps Away
Pepe Escobar: The Real Currency, Gold and Energy War in Mali
David Galland: Paradigm Collapse
Cliven Bundy-FBI debacle: Another example of why Feds need to be leashed
Bill Bonner: Is Ms Yellen making history?
Kerala India Group Wants Wedding Gold Limits
Pepe Escobar: El comandante has left the building
Where’d All the Fear Go?
State Department: “We cannot make India look at you as an American”
Robert Mueller's forgotten surveillance crime spree
Congress Should Veto Obama's War
Sanctions Will Kill Tens of Thousands of Iranians
All Tyranny is Local
American Cops Don't Belong in Canada