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  • Four Reasons for an Immediate Rise in Gold [View article]
    Precisely. The world is returning to sanity and reality which is a commodity backed currency. The FRN$ system does not so much collapse as evaporate but, as you tangentially point out by referencing the interim deflation, the FRN$ will be the last layer to evaporate. I think we may have longer than 12-24 months but things are happening a lot faster than I ever expected.

    The world has been in an inflationary credit expansion for decades and perhaps centuries. However, the zenith was reached and now the equal and opposite reaction has started which is a deflationary credit contraction.

    www.runtogold.com/2008.../

    On Dec 30 12:13 AM EricH wrote:

    > The current fake and tyranical monetary and finacial system is breaking
    > down. Eventually (at the very last possible second) the blind and
    > noisy multitudes are going to see this, and when they do there will
    > be the biggest PANIC and flight to precious metals than known in
    > recorded history.
    Dec 30 01:03 am |Rating: 0 0
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