Primary underlying cause for all commodity price increase: US Monetary inflation. Author is right on the money saying it forces other currencies to devalue by also inflating, otherwise global trade will become totally out of whack.
Simon Heapes, one of the finest minds in pm's and wealth protection today, describes it like this: "Yes some will make money trading in Forex. But it reminds me of a sinking ship, surrounded by sinking ships. The big one in the middle is the US. The ones surrounding it are all the other nations forced to devalue their currency because of US Inflation. The rats are jumping from ship to ship, trying to figure out which ship isnt going to sink (in terms of inflation). The answer is, none of them." You need to get off the ships and on to solid ground, which is gold and silver.
We are about to see alot of people lose everything, while others with the wisdom to see will be gathering great wealth.
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Primary underlying cause for all commodity price increase: US Monetary inflation. Author is right on the money saying it forces other currencies to devalue by also inflating, otherwise global trade will become totally out of whack.
Jun 09 11:44 am
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All Comments by RapidTrends »Headwinds for Gold? [View article]
Simon Heapes, one of the finest minds in pm's and wealth protection today, describes it like this: "Yes some will make money trading in Forex. But it reminds me of a sinking ship, surrounded by sinking ships. The big one in the middle is the US. The ones surrounding it are all the other nations forced to devalue their currency because of US Inflation. The rats are jumping from ship to ship, trying to figure out which ship isnt going to sink (in terms of inflation). The answer is, none of them." You need to get off the ships and on to solid ground, which is gold and silver.
We are about to see alot of people lose everything, while others with the wisdom to see will be gathering great wealth.
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