The Fractional Reserve Gold System Is Closer To Collapse!

• The Fractional Reserve Gold System Is Closer To Collapse! 
  by www.kingworldnews.com
  Today the man whose firm is well known for its $10,000 gold call told King World News that the fractional reserve gold system is closer to collapse because of major stresses that are now being put on the system.  Below is what Paul Brodsky, co-founder of QB Asset Management, had to say in this powerful interview.
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  Brodsky:  “The fractionally reserved gold market seems to be unwinding.  I don’t know if it’s at the end of it right now, or near the end, or whether it has further to go, but very clearly the paper claims on the gold and silver markets seem to be getting pretty tight.  More than that, it seems that this is now understood by more and more participants….
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  In other words, I think monetary authorities are going to decide what comes next for the monetary system, and it is going to include gold, and it will include gold at a much higher price than where it is currently trading.  But I also think it’s going to be whatever they think they can get away with.  So I don’t know if gold will be $3,000, $5,000, $10,000 or $20,000, but it is going to be much higher than where it is today because the bottom line is they are going to have to inflate.”
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