FOLLOW THE MONEY – FOLLOW CHINA, RUSSIA AND INDIA

So investors in US treasuries can expect the most momentous double-whammy. Whatever they don’t lose on the dollar going to zero, they will definitively lose on US debt instruments. This means that just in US treasury debt, over $21 trillion, and growing, will explode or more accurately implode.

HISTORY’S ONLY SURVIVING CURRENCY

What is the best currency to hold your assets in? This is a question I often get asked. The answer is really so easy but still, most people never see the obvious. If something has declined by 97% or more, is it going to stop there? Not likely!

All currencies have lost 97-99% in the last 100 years so it is extremely likely that they will lose the remaining 1-3%. Therefore why try to pick the best of a useless lot when they will all lose all their value.

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There is only one currency that stands the test of time, which is gold of course. It is the only money that has survived in history.

WITH A 5,000 YEAR SUCCESS RATE, WHY BET AGAINST GOLD

Gold is the only money to hold from now on until the financial system has been reset or has imploded. One thing is certain, there will be no orderly reset. No central bank or government hocus pocus can ever make $2 quadrillion of debt and liabilities (25x global GDP ) disappear by waving a magic wand.

Gold is money and gold is instant liquidity. And if for a while there is no paper money to exchange it against, gold can always be used for barter, just as it has throughout history.

By holding cash in a bank in whatever currency, it will either become worthless due to endless money printing or the banks will lose it all in their futile attempts to repay all depositors their money which has been lent out 10 to 20 times. Most banks have fraudulently accepted depositors money, knowing that they would never be able to repay it. This crazy Ponzi scheme works as long as the world believes that printed money is real money. But when the music stops, everyone will realize that it wasn’t money at all but pieces of paper or electronic entries that everybody called money. At that point fiat money will have zero value and few people will understand that $, Euros, Yen etc in the 100 of trillions can just go up in smoke without any trace.

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