As we all sit in angst, watching the metals trade tick-by-tick, I have something rather timely for you.
I want to thank Dr. Dave Janda for making me aware of this video. It was posted to YouTube on Saturday but I have no idea when it was produced. That hardly matters. The subject matter is relevant and consistent with all of the themes here at TFMR.
As you know, I am convinced that the world will soon return to some type of gold-backed monetary system. This is not optional and it is not subject to debate. The creditor nations will, one day soon, enforce this system upon The West. To this end, China is rapidly accumulating gold, the latest summary appearing yesterday at ZeroHedge ( https://www.zerohedge.com/news/2012-10-21/chinese-gold-imports-through-august-surpass-total-ecb-holdings-imports-australia-sur).
One of the leading proponents of the "Currency War" theory is Jim Rickards. In this video, Jim discusses the "war game" sessions in which he has participated where possible currency war scenarios are played out. You'll find the video thought-provoking and educational but you'll also find it to be timely. As The Cartels play their paper games and lead the spec money by the nose to their desired end, we must stay focused on the bigger picture and continue stacking metal in preparation for the inevitable outcome. Whether that end comes via the scenarios laid out here by Rickards is insignificant. The end of the current global monetary system IS coming. At least you, my dear reader, have been forewarned.
TF
