- Many people get the wrong idea that deflation is bad for gold. That only inflation, hyperinflation is very good for the price of gold. This is false! Historically, during periods of sustained deflationary depression, gold does very well. Some would say even better than periods of hyperinflation. Sustained deflationary pressures puts enormous strain on the banking/financial system. When major banks start toppling people flee to hard asset they can hold in their hand: physical gold (and physical silver)!
- All the fear and attention about the FedRes’ tapering is manufactured by the Illuminist MSM to manipulate the sheeple. You can see persistent manipulative attacks on the price of gold to depress it. The Illuminist central banksters do not want the sheeple to run to gold. They want to protect their world reserve currency: the USD, which is a CONfidence Job. It has value only because people have (been) CONfidence in(to) it. Gold is their enemy #1.
- The fact of the matter is: when tapering starts, the entire financial system will collapse! Interest rates will soar. The US treasury market will collapse! Stock markets will collapse. Banks will collapse! Where do you think you will goto if your money is not safe in the banks? Physical gold !
- The World Is Now Entering A Period Of Historic Chaos & Crisis!
On the heels of an eerie calmness in global markets, today a man out of Europe who has been extremely accurate with his calls on the gold market sent King World News a powerful commentary which makes the scary prediction that the world is now entering a period of historic chaos and crisis. KWN was given exclusive distribution rights to the outstanding piece below by Ronald-Peter Stoferle of Incrementum AG out of Lichtenstein.
By Ronald-Peter Stoferle, Incrementum AG Lichtenstein
The World Is Now Entering A Period Of Historic Chaos & Crisis
November 12 (King World News)
The question ‘inflation or deflation?’ has been a key bone of contention in recent years. Without monetary interventions, the current crisis would be deeply deflationary. Currently deleveraging is being compensated by unprecedented inflationary policies of central banks around the world. In our opinion, this is an extremely delicate balancing act….
Conclusion: The crucial question of whether inflation or deflation will be the determining environment in the coming years remains unanswered. In times of inflation tangible goods are the preferred asset class, whereas in deflation it is cash. Gold is liquid, divisible, indestructible, and easily transportable. It also has a worldwide market and there is no default risk. It is thus cash of the highest quality.