Global Economic News You Need to Know.... I realize this is a huge football weekend but there is something happening tomorrow that you need to be aware of. The Swiss is voting to return to a GOLD STANDARD on there currency tomorrow, Sunday November 30, 2014. SO...... What does this mean to you? Unknown to most Americans the US government has worked exhaustively for years to suppress the gold market. They do this by selling huge quantities of Naked Shorts (paper gold on the futures market that they can not cover with physical gold). Why do they do this? It is the only way to keep the value of the $ up while at the same time debasing the $ by the Federal Reserve. IF THE SWISS VOTE YES TO HAVE THERE CURRENCY BACKED BY GOLD, YOU CAN EXPECT SEVERAL THINGS TO HAPPEN QUICKLY. 1. Gold will begin to shoot up as demand picks up. 2. The markets will be spooked with uncertainty in global currencies not knowing what to expect. A nervous market is a very bad thing! 3. This could spark bank runs and failures. 4. The $, teetering on its own troubles, could tumble causing global issues with reserve currency status. This greatly affects Saudi Arabia and oil mkts. This is only a beginning but the short is a YES Swiss vote could dramatically affect YOUR world by Monday morning!! Keep an eye out for this and I will keep Watch. Enjoy your ball game. bigstory.ap.org/article/59282b3bc1db4cec924db1ca5970428d/swiss-vote-massive-gold-buying-plan
Posted on: Sat, 29 Nov 2014 14:12:37 +0000
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