The gold standard will return again

Gold Investment - 24 December 2009

The gold price has pulled back after recently breaking through a $1200 per fine ounce. This might be seen as a sign that the price of gold is set for a major correction, but we believe it's at best only a temporary pull back. 

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

Looming monetary collapse…

All the signs of a looming monetary collapse are there, given the fact that the existing monetary system which are backed by fiat currencies, places no restrictions on the amount of debt that can be created since more money in the form of worthless non-redeemable paper notes can be printed to create more debt. It leaves the door wide open for abuse!

The glory days of fiat currencies, currencies of which the value is not backed by physical commodities such as gold or silver, are once again fast coming to an end if one considers what’s happening in the world today (despite claims to the contrary in the mainstream media and elsewhere).  

The champion of fiat currencies, the U.S. Dollar (USD), is losing value and is going to lose value to the point where it is virtually worthless (if its not worthless already!). This is going to affect all fiat currencies, because of the exposure of many countries to the U.S. Dollar in terms of USD-dominated loans, USD-dominated reserves, etc. 

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