Mystery's Blog Posts Tagged 'gold' (3)
Gold Standard Returns On January 1, 2013: Banks Have Already Adopted New Rules
On January 1, 2013, the world will return to a gold standard.
This isn’t guesswork. Banks in major economies across the globe have already adopted the rules.
In anticipation, central banks have been buying gold in large quantities. Turkey added 3.9 million ounces in the last year. Mexico has purchased 3.2 million ounces. Russia’s reserves stand at 29.2 million ounces — the highest in 20 years.
As they prepare for gold to become…
ContinueAdded by mystery on November 14, 2012 at 8:30pm — 2 Comments
Why The U.S. Dollar’s Reign As World Reserve Currency Is Ending
The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar (NYSEARCA:UDN) to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar (NYSEARCA:UUP) is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars…
ContinueAdded by mystery on September 27, 2012 at 6:36pm — No Comments
Gold & Silver off to the races
The system is bankrupt
There has never before been a time in history when most sovereign nations are bankrupt and when the financial system only survives due to false accounting. (Banks are allowed to value worthless toxic debt at maturity value rather than market value). So sadly we are now likely to start the next phase in the world economy which is a hyperinflationary depression. Hyperinflation arises as a…
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