US Dollar Collapse, Beijing, Moscow & The Ascendancy Of Gold
March 5, 2014
With global stock markets mixed, and crude oil trading near $103, today a man out of Europe who has been extremely accurate with his calls on the gold market sent King World News a tremendous piece which discusses a U.S. dollar collapse, Beijing, Moscow, and the ascendancy of gold. Below is the KWN exclusive piece by Ronald-Peter Stoferle of Incrementum AG out of Liechtenstein.
By Ronald-Peter Stoferle, Incrementum AG Liechtenstein
March 5 (King World News) – US Dollar Collapse, Beijing, Moscow & The Ascendancy Of Gold
Silent Farewell To The Petrodollar?
“When the dollar collapse comes, it will happen two ways: gradually then suddenly. That formula, famously used by Hemingway to describe how one goes bankrupt, is an apt description of critical state dynamics in complex systems. The gradual part is a snowflake disturbing a small patch of snow, while the sudden part is the avalanche. The snowflake is random yet the avalanche is inevitable. Both ideas are easy to grasp. What is difficult to grasp is the critical state of the system in which the random event occurs. Jim Rickards, Currency Wars
As already discussed in my previous pieces, the voices critical of US dollar hegemony have become increasingly louder….