GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Wednesday, September 4, 2013

Hold Silver & Gold, Global Economic Crisis Soon

Hold Silver & Gold, Global Economic Crisis Soon As per the major media now also, it appears a major global economic crisis is on the horizon. Talk of tapering off Q.E. has already hit emerging markets hard. The Federal Reserve, more than likely will taper QE as long as economic numbers look good. But what could really derail any upcoming economic recovery is the start of "Affordable Health Care" (ObamaCare). That will cause many more employers not to hire as the additional healthcare costs would be prohibitive and thus that could bring back QE in record amounts. With tensions in Syria becoming much more acute expect oil, gold and silver to move up. Also with Platinum, the on going battle of finding labor to work the mines for the low wages they pay under extreme conditions will eventually cause a Platinum shortage. The same could be said for the mining operations in Northern Siberia for Palladium.

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