Mega-Crisis Will Force Gold To Reenter Global Monetary System

Sunday, May 4, 2014
By Paul Martin
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

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter