Europe Is On The Brink Of Currency Crisis Meltdown, Analyst Says
Monday, 27. October 2008, 00:32:06
Ambrose Evans Pretchard relates that Europe Is On The Brink Of Currency Crisis Meltdown.
If currencies gold into meltdown, then stocks will follow. and money market accounts next; the latter cannot be insured by any govenment, not even the US Government.
The only form of wealth that will maintain relative value in a currncy meltdown is gold; and it is best to put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins.
Those who have failed to invest in gold, have been pauperized by their currencies falling in value relative to gold; in other words, their currencies have signifcantly fallen lower relative to gold: it now takes significantly more local currencies to buy true wealth.
If one has wealth, it is best to put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins.
The chart of the gold ETF, GLD shows a close up to $72 ... GLD
Gold, $GOLD, closed up at $730 ... $GOLD
If currencies gold into meltdown, then stocks will follow. and money market accounts next; the latter cannot be insured by any govenment, not even the US Government.
The only form of wealth that will maintain relative value in a currncy meltdown is gold; and it is best to put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins.
Those who have failed to invest in gold, have been pauperized by their currencies falling in value relative to gold; in other words, their currencies have signifcantly fallen lower relative to gold: it now takes significantly more local currencies to buy true wealth.
If one has wealth, it is best to put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins.
The chart of the gold ETF, GLD shows a close up to $72 ... GLD
Gold, $GOLD, closed up at $730 ... $GOLD
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