snakenobi on 15 November 2011
With confidence decreasing in the dollar and decreasing hope of recovery in the west
European Union have $15 trillion debt and with USA holding $15 trillion debt too
And with Americans revolting against the FED and not ready to take on any more debt and the same happening in EUROZONE.
We could very well be going back to the GOLD standard.If that happens GOLD prices and precious commocity prices will rise big time in the next few years throughout the globe.
The west will have hyperinflation and this will affect the east too.Paper money and bank savings will become almost useless
So who is preparing for it,anybody already buying GOLD and other commodity?
