The systemic practice of running economies on the spurious belief that inflation and currency devaluation is a necessary pursuit is about to reveal its devastating consequences on a global scale. I expect volatility in global markets similar to what was experienced during 2008 to occur in the middle of this year, as economies experience destructive swings between inflation and deflation. 2014 is going to be a historic year in which the existing global financial and monetary system will be pushed to the brink. This will bring the world one step closer to ending the current fiat currency regime, and this should also bring gold to the forefront of the world’s monetary system.”
Posted on: Sun, 26 Jan 2014 00:48:56 +0000
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