A few more days and 2011 will be over. This is the best time to do our New Year resolution and some self-reflection. 2011 have been a dreadful year for many investors in the mass market. I have been warning many people in the past about the current market situation and I am glad that some of them took my advice and avoided falling into the bear trap. The news and situations that have started to unfold make me even more firm on my stance on investing and it proves that what I have been advocating in the past is starting to come true.
All eyes are now in the Europe market. With more than 15 trillion in debt USA is actually in a worst situation but due to the fact that they hold the status of being the global currency benchmark they shifted all the focus to Europe. While everyone is looking at China to save the world I have been warning them that China might be in the same situation as Europe and USA. Ever wonder what will happen if the world’s few biggest economies are flat broke and are just creating money out of thin air to sustain a big lie that everything is still under control? So is this starting to happen? Is USD still safe as the world currency benchmark?
China and Japan is now trading by bypassing the US dollar. The first domino piece has started to fall and this will lead the way to more pieces to topple and remove US dollar as the global currency standard. All currencies have a life cycle and apparently US dollar looks to be close to the end of the line. Without this status USA will be up next on the road to hyperinflation as their currency will lose value and their money printing press will need to be set to overdrive to cope with their demand. Look at Germany in the past and you will know what I mean.
Signs of China economy weakening drastically are starting to surface. The property market in China has collapse and now the local government companies are starting to defer loan payments. According to Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy. He coined the phrase: “In China, every province is a Greece.” Things obviously do not look good for China now. Another country to watch out for is Japan. As the world third largest economy have their own big problems to settle. With Europe leading the charge to bankruptcy, USA future looking grim with the US dollar losing it global status, China starting to deteriorate drastically and Japan has a major problem to solve in their hands, the world going bankrupt might not be far. The coming crisis will be the biggest one we will ever face and those who are not prepared will really suffer from it.
I have been talking about market manipulations in the paper market. The Pan Asian Gold exchange that is going to be open in 2012 will be something exciting for us to look forward to where the price of gold and silver will most probably be peg to a new standard and their actual price will start to soar. China is already tightening their control over gold and is preparing to set this new standard. These coming months might be our last chance to grab cheap gold and silver.
Like I say before and I will say again. The real money will come from physical gold and silver and I always advocate to my clients, families and friends that physical gold and silver is for the long run. Horde up when you have the chance when there is a dip to increase your physical stash. Our journey on the gold and silver bullet train is only halfway through and is far from over. Do not fear or panic as we know that our destination to true wealth is just ahead.
A few more days and 2011 will be over. This is the best time to do our New Year resolution and some self-reflection. 2011 have been a dreadful year for many investors in the mass market. I have been warning many people in the past about the current market situation and I am glad that some of them took my advice and avoided falling into the bear trap. The news and situations that have started to unfold make me even more firm on my stance on investing and it proves that what I have been advocating in the past is starting to come true.
All eyes are now in the Europe market. With more than 15 trillion in debt USA is actually in a worst situation but due to the fact that they hold the status of being the global currency benchmark they shifted all the focus to Europe. While everyone is looking at China to save the world I have been warning them that China might be in the same situation as Europe and USA. Ever wonder what will happen if the world’s few biggest economies are flat broke and are just creating money out of thin air to sustain a big lie that everything is still under control? So is this starting to happen? Is USD still safe as the world currency benchmark?
China and Japan is now trading by bypassing the US dollar. The first domino piece has started to fall and this will lead the way to more pieces to topple and remove US dollar as the global currency standard. All currencies have a life cycle and apparently US dollar looks to be close to the end of the line. Without this status USA will be up next on the road to hyperinflation as their currency will lose value and their money printing press will need to be set to overdrive to cope with their demand. Look at Germany in the past and you will know what I mean.
Signs of China economy weakening drastically are starting to surface. The property market in China has collapse and now the local government companies are starting to defer loan payments. According to Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy. He coined the phrase: “In China, every province is a Greece.” Things obviously do not look good for China now. Another country to watch out for is Japan. As the world third largest economy have their own big problems to settle. With Europe leading the charge to bankruptcy, USA future looking grim with the US dollar losing it global status, China starting to deteriorate drastically and Japan has a major problem to solve in their hands, the world going bankrupt might not be far. The coming crisis will be the biggest one we will ever face and those who are not prepared will really suffer from it.
I have been talking about market manipulations in the paper market. The Pan Asian Gold exchange that is going to be open in 2012 will be something exciting for us to look forward to where the price of gold and silver will most probably be peg to a new standard and their actual price will start to soar. China is already tightening their control over gold and is preparing to set this new standard. These coming months might be our last chance to grab cheap gold and silver.
Like I say before and I will say again. The real money will come from physical gold and silver and I always advocate to my clients, families and friends that physical gold and silver is for the long run. Horde up when you have the chance when there is a dip to increase your physical stash. Our journey on the gold and silver bullet train is only halfway through and is far from over. Do not fear or panic as we know that our destination to true wealth is just ahead.
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