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Friday, November 12, 2010
The engineered total collapse of the dollar
Some elites want a tie to gold. There is a currency war going on!
World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor in the global financial system.
The usual suspects immediately denounced him, with Keynesian Brad DeLong anointing Zoellick the "Stupidest Man Alive."
In the present article I'll explain the resurging interest in the yellow metal.
I'll also explain the dangers of Zoellick's proposal, and why fans of the classical gold standard should be wary.
Silver should be selling for over $85 per ounce right now at it's normal price ratio of 16/1 with Gold over $1400 per ounce.
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