Gold Revaluation Is The Only Solution

• Stewart Thomson is correct. Gold is the perfect debt extinguisher. How do governments around the world solve their massive debt problem? They will revalue the price of gold easily 10x higher and initiate debt purchase ie. debt jubilee. Unless governments revalue the price of gold higher they will not have the monies needed to initiate the debt jubilee. The interesting question, therefore, isn’t: will gold be revalued higher by governments. The interesting question is: Who is the man, the “Savior” of the world, who will initiate this gold revaluation, global debt jubilee/forgiveness, to usher in a period of peace and prosperity for 3.5 years? It is obvious who I am hinting at.
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• Gold Revaluation Is The Only Solution
  by Stewart Thomson, http://www.321gold.com/  
  1. Gold stocks continue to take out key highs, but in the big picture, the upside action has barely started.
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  2. Please click here now. Double-click to enlarge this quarterly bars XAU index versus gold chart.
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  3. A multi-decade rise in gold stocks versus all other assets is likely beginning. Institutional money managers are buying on days of strength, weakness, and sideways price action!
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  4. Why are these money managers so enthusiastic about gold, and even more enthusiastic about gold stocks?
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  5. Well, central banks around the world are engaged in a bizarre policy of low interest rates and quantitative easing that is ostensibly designed to “kickstart the economy”, but is really designed to allow governments to borrow and spend until the cows come home.
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  6. Negative interest rates allow governments to borrow money, and make a profit on their reckless actions. In America and Japan, where a lot of citizens are elderly, negative real interest rates on pensioners is very destructive.
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  7. In Japan, most pensioners lost large amounts of money in the huge equity bear market that began in 1989. Now, the remnants of those investments are subject to negative interest rates. They are pulling money out of the banking system, holding cash, and buying gold.
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  22. For the first time in history, all US central bank actions are bullish for the entire precious metals sector.
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  24. With both presidential candidates appearing eager to grow government size, the US central bank may have to revalue gold. If the Fed hiked rates aggressively, the US government could collapse. A gold revaluation policy would restore the government’s balance sheet and credit rating. A revaluation would also essentially devalue the fiat-oriented West, and revalue the citizens of India, who hold titanic amounts of gold. India, most of China, and the tiny Western gold community are probably on the cusp of a “bull era”. That era would be launched by central bank gold revaluation to either avoid a sovereign debt crisis, or to solve it. Good times are now here for gold-oriented investors, and even better times lie just ahead!
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