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Banks Finally Allowed To Count Gold As 100% Money
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Banks Finally Allowed To Count Gold As 100% Money

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Membership Revoked
LA, California, USA
 
Futures Experience: Intermediate
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Favorite Futures: CL,ES mainly
 
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Banks Finally Allowed To Count Gold As 100% Money

This summer, a quiet change was made to the accounting rules for gold in bank vaults. It made headlines almost nowhere, but it has the potential to dramatically change how gold is viewed relative to cash in the broader economy. For informed and prepared minds, it’s also the chance to stock up up on gold at an attractive price before the mainstream masses really process the change.

Banks Finally Allowed To Count Gold As 100% Money - 12160
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SO THIS MAKES COMPLETE SENSE NOW... DOESNT IT?!!!!!

Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is Coming

And as I noted in my last article, Paulson has also been putting billions of dollars into gold.

So just what are Rothschild and Paulson anticipating?

Could we be on the verge of a massive financial collapse in Europe?

According to the Der Spiegel article mentioned above, a lot of investors seem to be preparing for such a possibility right now….

Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar’s structure isn’t in doubt.

The financial world is starting to wake up to the fact that the globe is absolutely drowning in debt and it is not really good to be holding fiat currencies when a debt crisis erupts.

When men like John Paulson and George Soros start pouring huge amounts of money into gold, it is time to start becoming alarmed about the state of the global financial system.

The amount of money that these men are investing in gold is staggering….

Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is Coming - BlackListedNews.com


Last edited by Victory Trader; August 31st, 2012 at 02:54 PM.
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