Friday, December 28, 2012

2013 - Financial Destruction & How Gold & Silver Will Perform

Egon von Greyerz has a more dystopian view of financial markets than I do, if that's possible.  Will he be proven right?  No one knows for sure, but the monetary history of fiat currencies is certainly on his side.  My take is he will be proven right--even if his prognostications may be early.  My timeline for a currency collapse is within the 2013 - 2015 time frame, based on historical gold bull market cycles.  Of course, governments and central bankers can delay reality a long time, so that time line could be extended.  But eventually government largesse has its unintended consequences.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/28_2013_-_Financial_Destruction_%26_How_Gold_%26_Silver_Will_Perform.html

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