Frightening Monetary Chaos & A New Global Financial System

KingWorldNews.com
November 26, 2014

With tremendous chaos taking place around the globe and the French now looking to repatriate their gold, today one of the greats in the gold world sent King World News an incredibly powerful piece about monetary chaos and what will rise out of the ashes after a massive devaluation of the U.S. dollar unfolds. Below is the outstanding piece by John Hathaway of Tocqueville Asset Management.

By John Hathaway, Senior Managing Director, Tocqueville Asset Management

The “strength” in the dollar appears to have been the proximate cause of the recent selloff in gold. The rise in the dollar index (DXY) is taken by most to mean that the dollar is actually strong. The chart below shows the inverse correlation between the DXY and the dollar gold price. This discussion will examine the very meaningful difference between the dollar’s relative and absolute strength, and look at the widening fissures beneath the façade of strength – fissures that, as yet, appear to have had little impact upon the investment consensus.

The Rest…HERE

This entry was posted on Wednesday, November 26th, 2014 at 11:16 am and is filed under Conspiracy, Corruption, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.