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« Silver Standard Resources Incorporated: Is a Buy | Main | ETF rebalancing a bumpy ride for junior gold miners »

This Is Why The Price Of Gold Will Be Launched Into The Stratosphere

With the next global crisis rapidly approaching, this is why the price of gold will be launched into the stratosphere.

“One simple rule to follow: Determine what is best for the government and know that is what the powers are working to make happen. Inflation is what is best for a government with enormous debt.” — Ayn Rand

Systematic Over-Indebtedness & Inflation
By Ronald-Peter Stoeferle, Incrementum AG Liechtenstein
June 20 (King World News) –
The goal of every organism, every human being, and every bureaucracy is to maximize his chances of survival. To this extent, deflation constitutes an existential threat to the current monetary system that needs to be fought at all costs. To gloss over the inherent instability of the credit system, the existing credit deflation will be compensated by extremely expansive central bank policies. We think this is a tightrope walk…

read more.....

gold under pressure due to more talk of future rate hikes....

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