THE COMING COLLAPSE OF U.S. & WORLD CONVENTIONAL PAPER ASSETS
OCTOBER 28, 2013
The world is invested in the largest Ponzi scheme in history.
In 2012, world gold investment was $234 billion and silver was $7.9 billion for grand total of $242 billion. In contrast, total investment in global conventional assets under management grew to $7.5 trillion the same year (2011 – $79.7 trillion to 2012 $87.2 trillion). Thus, total gold & silver investment in 2012 was only 3.2% of these global conventional assets.
The real problem for these conventional assets in the future will be the peaking of global oil production. These assets derive their value from a growing economy which occurs due to a growing energy supply. Once the energy supply peaks and declines, it will put severe stress on the $trillions of conventional paper assets.