Martin Armstrong: We’re Still in Phase 1 of Capital Flight to Quality

[Serpo]

http://www.inflateordie.com/files/Pubic%20Private%2005-16-2012.pdf


Posted by The Doc on May 18, 2012 02:09
Martin Armstrong’s latest discusses why gold and silver are being pummeled, and the dollar is soaring in the midst of the Euro-crisis. Armstrong states that we are still in Phase 1 of capital flight to quality, where capital flees from one currency to the next.
All in time Phase 2 will begin, and capital will flee from the last remaining fiat ‘safe-haven’ to the true safe havens of gold and silver.
Here is a monthly chart of the US 30-year Treasury bond and the pattern is very clear. The flight-to-quality is not yet over. I have been warning gold was not ready yet for prime-time. Here we are on the edge of Europe being torn apart at the seams, socialists taking control of the battlements, inflation appearing likely, yet gold retreats. Phase ONE of a Sovereign Debt Crisis is international capital flight-to-quality from one currency to the next. I have warned that the USA would be last to go – not first! (more…) (http://www.silverdoctors.com/martin-armstrong-were-still-in-phase-1-of-capital-flight-to-quality/#more-6708)


http://www.silverdoctors.com/

[old steel]

Paper currency will die and as it dies commerce and manufacturing will cease.

How will gold and silver be valued when paper money has no value?

Stores will be ransacked and emptied in a matter of a couple days, nothing else will be moving in for new stock.

Obviously food, clean water and the means to preserve what you have will be very valuable but i won't be trading any necessities of life for pieces of metal not a chance.

Sometime down the road the PM's will have value when things reset and rebuilding starts but without the necessities of life to see you through you may not see it no matter how big your stack.

One thing is for certain. It will happen very fast and catch most everyone off guard for maximum affect cause we all know that's how they roll.

[Twisted Titan]

At the height of the frenzy nobody will be trading anything to anyone.....preservation of life and limb will be paramount as the unprepared pay the ultimate price.


gold and silver will come into play once some semblance of order is restored....that is when bargains that come once a generation will be had for a few onces of Gold.


The key is being lucky enough to make to such a time....cause nobody knows how hard the hammer will fall or where.

[gunDriller]

gold and silver will come into play once some semblance of order is restored....that is when bargains that come once a generation will be had for a few onces of Gold.

the Jew-S government will work mightily to stop that.

or should i say, will continue working to stop it - they already started.


because of Iran's trading gold for oil, i wouldn't be surprised to see precious metals lumped in with alleged terrorists.

as they have already done with cash - treating people with large quantities of it as criminals.


to some extent, the Jew-S gov. has succeeded & will succeed in their clampdown on real money.

however, it's like trying to stop a tidal wave - on both ends.


i think there's more people moving to real money than is possible for the Jew-S gov. to stop them. for example, the Jew-S gov. looks pretty ridiculous lecturing India about how they 'ought not to buy oil from Iran'.

[Twisted Titan]

I Fully with your assement about gold be demonized but at the end of the day their will ALWAYS be a small group who manage to make a clean @$$ get away.

Their will always be a grey market and that market needs brokers I intend to be one of them.

I take just enough not to bring bagel boys down on me but more than enough to carve out a decent sized fiefdom for my self and those that follow me.


All I have to do is figure out how to balance the scales.....its a art not a science.