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Gold, Systemic Collapse & The End Of Fiat Money


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Gold, Systemic Collapse & The End Of Fiat Money

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Victory Trader's Avatar
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011

Fiat currency systems always collapse at the end. We are in that stage of the super cycle where things are accelerating.

I don’t know how many years we still have, but you can assume that central banks, as the ECB stated just recently, will do everything necessary to prevent a collapse of the system. That means they will even finance bankrupt governments, they will finance bankrupt banks, they will finance every bankrupt entity that is important to the system.

That means they debase our paper currencies further and further, and in an accelerating way.

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Last Updated on September 13, 2012


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