Wednesday, January 23, 2013

World Gold Council has now confirmed the Chinese are going to back the yuan with gold.


   We are trying to verify this information. If it is true - to call it The Groundbreaking will be the understatement of the year. Welcome to the Currency Wars at its Prime.

  Now all recent Japan and China rhetoric about the "territory conflict" will be put in the very dangerous context. Will They dare to make The War to protect the Status Quo for the doomed "Reserve Currency of Choice" - US Dollar?

KingWorld News:

From The Horse's mouth:

"It is time for Education and Austrian School of Economics will the very good base for any well rounded individual. It is truly Amazing: How Our World Has Changed Even from 2005, just listen to the comments about the Gold price, US National Debt and Federal Balance Sheet. All Fundamentals are The Same - we have just moved from Billions to Trillions in a few very short years talking about Debt and FED.
  Gold provides the Golden Cuffs on The Government - It Is Not Able to Engage Private FED in order to create money out of thin air and debase the US currency, taxing the Savers and Expropriating Their Saving by Creating Inflation. Just remember How Much the Real Things were priced when you were  kids."

Doug Casey, Casey Research, says, "Junior Gold Stocks Now, Compared To Gold, Are About The Cheapest They've Ever Been."

"We have been following Doug Casey for years and he was one of the few who brought us into the Gold story early in 2002. We will be waiting for his new book with the great anticipation, as well as for his Call to become true again!"

Sci-Fi Movie Script: "Federal Reserve - Keeping The Strong US Dollar Policy From 1913 - Established To Serve and Protect" GS, JPM, BAK, C, HBC

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