Tuesday, February 21, 2012

War Extremely Bullish for Gold - Doug Casey

War is going to be very bullish for Gold says Doug Casey, founder and chairman of Casey Research Institute, as the US is printing or creating more digital currency in order to finance all these wars , also the Iranians the Russians and the Chinese will start using gold for their inter commerce instead of having to buy first US dollars , this is very bullish for gold and of course very bearish for the US dollar , this is the perfect storm for Gold , the prices of gold in terms of dollars got to be much much higher by now

Bob Chapman : Hyperinflation just around the corner

Bob Chapman - WideAwakeNews RADIO - Feb. 20, 2012 ,China has only 3 percent of its assets in Gold so far despite they have been buying hand full fests lately , they should bring that to at least 25 percent if they are serious about it , it was a big mistake from them that they have been hording American paper assets instead of gold and silver but they are catching up now

Bob Chapman - Greece should have defaulted 2 and half years ago

Bob Chapman - Radio Liberty - 20 Feb 2012 : Greece will never be able to pay off its debts , the ECB started to print money out of thin air just like the FED , Greece economy cannot compete with a strong Euro their only out is to go back to the Drachma and then they could compete but they have to default , Greece should have defaulted 2 and half years ago
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