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View Full Version : Very nice summary of what is happening



G2Rad
30th September 2010, 08:49 AM
http://neithercorp.us/npress/

Important article to read in full.

Economic Collapse Update: Acceleration In Autumn

FunnyMoney
30th September 2010, 11:35 AM
Good read and pretty much spot on, thanks for posting it.

madfranks
30th September 2010, 12:41 PM
That means sources of physical gold are beginning to dry up. This is becoming evident in the disconnection between physical gold values, and gold stocks. Physical values have far surpassed those of their paper counterparts. As demand grows and supply wanes, we could even see a complete decoupling of ETF values versus physical. This is already happening in some countries, like Vietnam, where the national currency and even the dollar are no longer trusted, and physical is trading at prices hundreds of dollars above set market value, something that could just as easily happen in the U.S.

I didn't know that. But it's not surprising, because such events are the very reasons many of us hold gold. So if it gets worse, metals go higher.

mike88
30th September 2010, 12:50 PM
the vietnamese have some recent experience with the value of gold during a regime collapse. possession of physical is the reason many were able to leave the war zone and start up anew.