Mega-Crisis Will Force Gold To Reenter Global Monetary System
KingWorldNews.com
May 3, 2014
As the world seems to hurtle from one crisis to another, today a man out of Europe who has been extremely accurate with his calls on the gold market sent King World News a fantastic piece which discusses gold’s reentry into the global monetary system. Below is the exclusive KWN piece by Ronald-Peter Stoferle of Incrementum AG out of Liechtenstein.
By Ronald-Peter Stoferle, Incrementum AG Liechtenstein
May 3 (King World News) – Gold And Economic Freedom Are Inseparably Linked
“History is a teacher nobody listens to.” — Otto von Habsburg.
In his book “Honest Money,” John Tomlinson describes how inflation gradually causes turbulence and then chaos. He likens the monetary system to another important system of measurement — time. He asks what would happen if Big Ben in London were to become the accepted standard for measuring time and if, because of a mechanical fault, it reduced every minute by one second. The consequences would be devastating. More activities would have to be finished within an ever-shorter period, schedules would gradually collapse, and people would reassess and rearrange their priorities. Everything would speed up and time preferences would increase. According to Tomlinson, a similar scenario is true in the absence of a gold standard….
The Rest…HERE
