GOLD 0.51% $1,391.7 gold futures

gold us$1593 .... folks look out below imo, page-31

  1. 490 Posts.
    Alex, IF the Price of gold is "allowed" to go, let's say to $5,000, as some gold Bugs are trying to promulgate through various sites, do you thing anyone, anywhere in the World would seat back and admire its nice price Move Upwardly, without trying to have, even a small part of the action, let's say one or two ounces of Physical Gold?
    Of-course NOT. Every single human being on Planet Earth, in our present World, with the speed of light News Dissemination, Will Try and Get As Much Gold as they can. Nobody would want Fiat Money, in any transaction.
    Fiat (Paper) money will become Almost Worthless, with Inflation hitting the 1,000% mark in very short time....
    It will NOT BE LONG before Hyper Inflation will engulf the whole Planet (taking into account two things: A). The Intermingling, interconnection of World Economies and Trade and B). As stated above, the speed with which News Travel these Days between countries...
    Gold, will -by default- become the World Currency, unless other DRACONIAN MEASURES (Like enforced confiscation of gold and prohibiting any transaction that would involve Gold) are implemented.
    The World Bankers, With the Great Ben Bernanke Leading them, HAVE PROVED they CAN control Inflation caused by Fiat Money.... They know Inflation as the Ultimate Consequence of Excessively and Abnormally high Gold Prices CANNOT BE Controlled.
    They CAN "contain" the Price of Gold now. They will not be able to restrict and control its Price IF they "allow" it to start moving upwardly to the levels you insinuated ($5,000, $10,000....)causing thus fear, panic and hysteria throughout our World's Population minds....

    Cheers:))
 
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