The last chance to invest in Gold and Silver: Now
Now, if the gold standard does arrive can we also think of a silver standard? You can get fifty times of silver for the same price of gold! And governments that have lost most of their value—in whatever sense—would rather buy or may even mine gold and silver; by paying mostly from the bullion vaults they have! And countries like India and China would transform into rich states overnight whose people harbour voracious gold and silver appettite unlike Europeans and Americans.
By Rakesh Neelakandan
24 August 2012
The buzz of global depression—a hyper inflationary depression—has been doing rounds in the markets for a long time now.
The scenario is plain and simple, though horrible. As the paper money printing continues unabated by governments around the world, currencies around the world will begin to depreciate, almost violently.
And see who all are ready or almost ready to contribute to it?
Japan in a phase of deceleration could possibly opt for a stimulus measure, observers say. China whose factory data may portray signs of slowing down is expected to announce stimulus measures. ECB could very well opt for a bond buying program injecting additional stimulus money into the system as per analyst opinion. And finally, the USA could kick start the doomsday machine by opting for another round of Quantitative Easing.
Add to this other countries who may opt for stimulus measures once the bigwigs start doing QE s: paper money would just become what it should not be: mere paper