Peter Grandich & Chris Waltzek on GoldSeek Radio – February 26, 2015

(Before It's News)

by Chris Waltzek
GoldSeek Radio

According to Peter Grandich every investor needs a financial bug-out alternative to paper currencies. This week’s Congressional meeting did little to restore Fed transparency; it’s time to pull the curtain back at the Fed; the national gold stockpiles at Fort Knox, West Point and the NY Fed, require a third party investigation, after all it is We the people’s. When the truth becomes widely known that the gold reserves have likely been rehypothecated into extinction, the repercussions could be intense, rocking the foundations of the global financial markets. Thanks to decades of fiscal irresponsibility, the Fed has been forced to shoulder the full responsibility, an impossible task over the long-term. The currency war now includes a race to devalue national currencies before neighboring countries follow suit, to stimulate economic output and postpone the inevitable day of reckoning.

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