Bankruns: the rise of gold. Happening now in countries with NIRP
Read knights:
http://thecrux.com/porter-stansberry-the-metropolitan-plan-for-when-the-dollar-collapses/
Read knights:
http://thecrux.com/porter-stansberry-the-metropolitan-plan-for-when-the-dollar-collapses/
exactly. from first hand knowledge, the system is collapsing from within, for a whole range of reasons. the derivatives market is not regulated, the commodity clearers and brokers are not regulated, although everyone thinks they are. systemic and counterparty risk is off the charts.
it just needs a spark and its all over, very quickly. there will be no time to “get set” in gold or the miners. like a super nova, one minute its there, the next minute its gone. vaporised to money heaven.
Thanks for the link.
Yepp, that is what I have been saying, among other things, that NIRP and ZIRP is used mainly in order to prevent nation states from defaulting, not for any other main reason. That is very important to grasp in order to understand NIRP and ZIRP correctly.
And when the derivatives mountain goes, watch out.