Loading ...Howdy Mr. Copper
I think of the Fiat Fed Reserve Note as a Ponzi Scheme.
Like all Ponzi Schemes, no one really knows for sure when it will run out of rubes, but what is certain is that one day it will.
As I have been expecting the world to come to its senses for many years, I have always been afraid to play the timing game and sell my PM insurance. I am certain that the day I do sell out, that “this time will be different” will actually be the time!
I think we are there.
Russia is doing what Saddam; Kaddafi; Chavez tried to do – sell their Oil for Gold. A large part of the world is sick of being taken advantage of by the US Reserve Currency. The genie is not going back in the bottle.
Not trying to start an argument, but be careful of selling – you might not get back in – this time things may, in fact, be different.