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Gold Prices: If This Happens, Gold Bullion Prices Could Skyrocket
Why Everyone Should Own Gold Bullion
Every time central bankers start talking, the case for gold bullion gets stronger. These liberal yuppies—who continually avoid reality—keep pushing for negative interest rates. Don’t they realize they’re setting us up for a major economic crash?
What we’re seeing in Japan and Europe (and maybe Canada?) is an admission that “central banksters” don’t know a damn thing. We’ve also discovered that their oh-so-noble reasons for a fiat system are utter garbage. But I’m not really surprised.
After all, most of the people working at central banks are disciples of Keynes, so they’re either liars or just plain stupid. Aside from the sheer lunacy of negative interest rates, they’ve made simplistic arguments that just don’t fit with reality.
Their circular logic is mind-boggling. For instance, Keynesians believe that printing more money doesn’t debase your currency. But the argument they give for monetary stimulus is that it makes your exports more competitive. Wait a second…don’t the exports become more competitive because of a cheaper currency?
They’re contradicting themselves! Any sane person knows that you can’t keep printing more money to solve your problems. All that happens is you create a bigger bubble.
Currency Depreciation Increases Gold Price Potential
The rapid growth of paper money is the first reason you should divest your savings into gold bullion. It’s become the fashion for central banks to keep expanding their bank sheets endlessly. Either through low interest rates or outright QE, these central banksters are robbing our money of its value.
Let’s do a quick tour of the world…
Japan recently pushed its sovereign debt yields into negative territory to boost its exports. It didn’t work. Markets are simply fed up with central bankers waging a war against savers and all in the name of economic growth.
Why should the people who saved their hard-earned cash have to PAY a bank or bondholder to keep it safe for them? It is the ultimate liberal scam to transfer income down the ladder, a cash grab by those who can’t build their own wealth.
And where did Japan get this brilliant idea? Well, from Europe obviously.
