Gold And The Coming Collapse: Are We Close To A Major Monetary Event?

A few caveats. Whenever you measure a ratio, its always possible to predict a positive outcome and get tagged with a nominal loss. Gold is up relative to the stock market, and both go down.

Hubert Moolman on SILVER and GOLD

Gold And The Coming Collapse: Are We Close To A Major Monetary Event?

By Hubert Moolman

It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon. Due to the extreme debt levels, many banks are close to that point of failure.

An event like a stock market crash is likely to push many banks to that point of failure, since the pressure it would create (on cash resources), would expose their inability to fulfill their obligations.

Cash (not bank credits/digits) is still the means by which banks have to settle liabilities and obligations (especially amongst each other). If a bank goes down, it will be due to the lack of cash (not bank credits/digits). It is for this reason that there is a campaign to ban cash (for the general public) or limit the use of it.

The banks are in…

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