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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (8126)2/26/2003 3:09:28 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 39344
 
the CB's do eventually reach a point, where

they are low on the gold supply (which is rising in value)

they experience the epiphany that their debt-backed currency is being debased, and might not suffer a crisis only if the gold reserve is not depleted

in the end, the nation with the most gold will win
because they will have the strongest underpinning for capital reserves from which to lend

right now, Western Bankers (US, England, EU, Japan) harbor this horrendously delusional belief that their security lies in their PRINTING PRESS
see Bernanke

they have shit for brains
if not, they would talk about raising collateral levels to balance the rising debt levels

POWER TO THE PRESS

have we learned nothing from the Weimar Republic ???
welcome to Weimar Amerika

/ jim