Thanks for your article. It looks like China is doing the same than US did with mortgages in the 2007/8 crisis! pack, take out, slice, sell....and this is done.
Reading the media, no more bad news. No Ebola, No war, just as you said a rosy glass in order the 10 % accumulate till the sound of the boots become the sound of the canon.
interesting article with lot of infos. Thanks. If the idea of government is to make cash illegal(don't forget central bank printed it and we have the signature on them!!!), this would lead to the next step....All the money will go to the government first and what is left over after they have paid whatever they have (politicians, parties of politicians, exuberance of politicians,debt made by irresponsible politicians..etc), the leftover will be divided to the population according to their relations with the politicians. How does it sound!?!??
Gold will be illegal as well as it represent value. The few gold will have a fixed price controlled by the government...
The economy, at least the last 70 years, is based on an increase of production with an increase of credit. You don't save anymore your money in order to buy a car or furniture, you just become a slave of a financial institution. Same with government. They don't make separation between investment and daily expenses. They borrow money in order to survive and pay the salary till, like Greece, it is a dead end road.
This will happen to Europe or USA in a short term when papyboomer will ask their money back (if this will be permitted!)No more money to pay them, int. rate soaring unless central banks buy the TB (making fiat money more evident) in order to pay salary...
Everything leas to a soaring gold price, one day or another. Except that central banks have the right to issue paper gold and sell them. They can lower the price of gold in order citizen don't loose their faith in the currency they issue! Do we have a real track of this paper gold? Do we have a real audit of the quantity of gold in the vault and the papergold?
Central banks, now have manipulated the int. rate with financial repression, then QE (unconventional measures!)..and no other powder for the next crash...
So, the future is not rosy for currency, gov. and retirees. But gold will be manipulated or
there will be a "patriotic act" with a settle price for gold without any fluctuation.
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Failing Friday – China Defaults Keep Adding Up
Thanks for your article. It looks like China is doing the same than US did with mortgages in the 2007/8 crisis! pack, take out, slice, sell....and this is done.
Reading the media, no more bad news. No Ebola, No war, just as you said a rosy glass in order the 10 % accumulate till the sound of the boots become the sound of the canon.
The Collapse Of Cash
interesting article with lot of infos. Thanks. If the idea of government is to make cash illegal(don't forget central bank printed it and we have the signature on them!!!), this would lead to the next step....All the money will go to the government first and what is left over after they have paid whatever they have (politicians, parties of politicians, exuberance of politicians,debt made by irresponsible politicians..etc), the leftover will be divided to the population according to their relations with the politicians. How does it sound!?!??
Gold will be illegal as well as it represent value. The few gold will have a fixed price controlled by the government...
and you wife as well.
Isis is just in advance!
In Three To Five Years Gold Will Be Priceless
The economy, at least the last 70 years, is based on an increase of production with an increase of credit. You don't save anymore your money in order to buy a car or furniture, you just become a slave of a financial institution. Same with government. They don't make separation between investment and daily expenses. They borrow money in order to survive and pay the salary till, like Greece, it is a dead end road.
This will happen to Europe or USA in a short term when papyboomer will ask their money back (if this will be permitted!)No more money to pay them, int. rate soaring unless central banks buy the TB (making fiat money more evident) in order to pay salary...
Everything leas to a soaring gold price, one day or another. Except that central banks have the right to issue paper gold and sell them. They can lower the price of gold in order citizen don't loose their faith in the currency they issue! Do we have a real track of this paper gold? Do we have a real audit of the quantity of gold in the vault and the papergold?
Central banks, now have manipulated the int. rate with financial repression, then QE (unconventional measures!)..and no other powder for the next crash...
So, the future is not rosy for currency, gov. and retirees. But gold will be manipulated or
there will be a "patriotic act" with a settle price for gold without any fluctuation.