Loading ...As Gold Breaks Out – The World Is On The Precipice
PAPER MONEY HAS ZERO VALUE–
That principle would work well in a system of sound money. Money would flow to sound investments and causes. But the financial system has not been based on sound money for a long time. Instead, we have false money – money which is fabricated by central banks and commercial banks. This money has zero value …
[but…but…i just spent some at the grocery]
It’s is backed by nothing, zilch, nada! So governments and individuals have spent money that doesn’t exist. This is why the world is sitting on a debt mountain including derivatives of around $2.5 Quadrillion.
The world is now facing the risk of a total breakdown of the world economy and the financial system as I outlined in my article last week. The article covers the reasons for the monumental change the world will soon experience.