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“THE VALUE OF THE DOLLAR HAS NO GUARANTEE WHATSOEVER” - Egon von Greyerz - Matterhorn AM

Great article!! But of course it cannot deal with surviving in the aftermath of a complete collapse of the existing monetary system and the means of producing and distributing vital necessities. Possession of gold would only make someone a target. A combination of gold, guns, and stockpiling would only last so long.

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Début de l'article :The statement above is of course totally accurate for a country running budget and trade deficits for over half a century with a total debt, including unfunded liabilities, in the hundreds of trillions of dollars. It could have been said today, but it actually dates back to August 1971 when the People’s Daily in China declared the beginning of the end for the monetary system of the capitalist world. This prescient statement certainly has Cassandra characteristics. Cassandra was the princess of T... Lire la suite

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