(Video) Remember The Last Run On The Dollar?

History repeats itself. It only gets more expensive with every time. Watch this video (h/t @fiatcurrency) on the turmoil 30 years ago when OPEC members withdrew a mere $5.5 billion in money market funds, sparking golds vertical move to $850.

This time not even $5.5 TRILLION will help if institutions like JP Morgan sit on $45 Trillion in derivatives.

And you still think there will be any other end to this than an unorderly unwind, to say the least? Think again, the flicker of bad headlines looks increasingly as history will repeat itself again.



Remember, we are now in the 4th year of the financial crisis and there has not been a single measure of regulation that has gone into effect.

Derivatives? Not a single step taken!

Hedge funds? EU regulations will come in 2018!

Banks? Basel 3 will set into motion in 2019!

But we have a crisis TODAY!

Those responsible for the crisis are still in office! Why?

Toni Straka

Editor, the Prudent Investor

Toni Straka is an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluates global market trends. Analyzing financial and political news permanently he wants to share his insight with those who understand that we are in an era of global redistribution of wealth. The US-European centric approach does not work anymore. Five billion people in the developing countries now demand their fair share of the world's resources.