![]() Are you prepared for the coming hyperinflation?The United States, with ‘helicopter’ Ben Bernanke at the helm of the Federal Reserve, is committed to money printing to solve America’s economic woes. To the extent that the US dollar is the world reserve currency, it will affect the rest of the world. |
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As Marc
Faber, editor of the Gloom, Boom, Doom report said (see the YouTube video below), Had I been the professor who had judged his thesis for his PhD, I would not have let him pass. I would have told him actually, ‘Mr. Bernanke, I have one condition in which I let you pass, and this is you never join a central bank, because you are a destroyer of money as store-of-value function, of the function of money being a unit of account. And I tell you Mr Bernanke with his monetary policy, he will destroy the US dollar. How is that possible? Since 1971, when President Nixon broke the final link between
gold and the US dollar, the global monetary system is running on a
completely fiat basis for the very first time in human history. Hence,
the integrity of ‘money’ is as good as the integrity
of governments, central banks and the financial system (the Global
Financial Crisis showed how much integrity they
have). Today, ‘money’ is an abstract intangible that can be created out
of thin air. In this book, you will:
A FREE sample of the book, including the table of contents can be downloaded here. Learn more about the team behind this book.
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TestimonialsThis book is most thought-provoking and informative. The stability of gold is surprising. It has remained constantly valuable through the centuries. Currencies come and go but gold remains reliable. William McKelleher, NSW Australia This book covers everything, from the history of gold and the different reasons for investing in gold - to theories on fiat currencies and must-know assaying methods for the savvy bullion investor. If you are looking to invest in any type of gold other than fools' gold, this book will serve you well! Peter D, ACT Australia It is a wonderful resource, and I feel for the first time that I now have some educational starting points that will make any investing I do more of a strategy and less of a gamble. Janine Prince, Australia Recommended Web SitesMore Information |
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