13 reasons why gold will rise further.
By Daniel at 11 September, 2009, 4:09 pm
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1) PARADIGM SHIFT away from a US Dollar centric world manifested as the global revolt against the US Dollar in reserves management and transaction settlement, extended from bank structures
2) colossal irresponsibility of major central banks with expanded balance sheets, money creation, and credit growth, endorsing their government profligacy
3) failure of the central bank franchise model, exhibited by the ongoing credit crisis, insolvency of banks, and desperate attempt by the US Federal Reserve to serve as the global bank
4) ruined global monetary system from the complete debauchery of money itself
5) perversion of the US Dollar from required US Military subsidy, from coerced US Treasury Bond support, and from tacit acceptance of Wall Street corruption (past bond fraud and debt rating agency collusion without prosecution)
6) proliferation of OTC derivatives over $1 quadrillion in value with no prospect of resolution, no hope of regulation, and deep corruption, but with deadly dependence
7) gradual recognition of a financial crime syndicate having taken control of the USGovt finance ministry, that involves official channels of slush funds, bond counterfeit.
dishonor of financial contract law, chronic lapses in financial market integrity, and constant intervention in those financial markets
9) expectation of mammoth price inflation just over the approaching horizon, unless the central bank balance sheets inflate beyond measurement in Weimar style
10) anticipation of banking system meltdown in at least the United States and United Kingdom, likely to result in bank holidays, useful for a forced Bank Consolidation with dead banks capturing the system or for a climax Wall Street theft event
11) observation of gradual economic disintegration and the decline of global trade
12) trend toward commodity stockpiles, of which gold is the financial commodity core element and crude oil is the industrial commodity core element
13) specter of numerous pockets of armed conflict, military war, and possible nuclear events, as chaos spreads and nations desperately exploit the confusion, and react to lost sponsorship relations, if not parasite-host pacts.
goldstandard
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