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Folks, we live in a world of promises that cannot be kept. Where exactly do you believe the capital will flow to when promises cascade into broken promises? It will be THE largest transfer of wealth in all of history …INTO gold and silver because they don’t promise anything at all. Gold and silver are already “kept promises” that labor, capital and equipment were expended to create them. They are “proof” of kept promises!
These are trying times for those logically holding gold and silver. A financial collapse should have occurred sometime over the last three years but has not. Because it has not happened yet is not in any way proof that it will not. In fact, “math” is never refuted, only delayed. I will leave you with an example; is there any possible way London has the ability to deliver 3-4 years worth of global gold and silver production to their EFP’s? It’s OK, you know the answer … yet still worry over current price?
http://www.milesfranklin.com/back-to-basics-with-exters-pyramid/