buy gold and silver bullion

Saturday, July 4, 2015

Global Money Bubble Getting Close To Bursting

The money bubble has not yet burst, although we’re getting close to that moment in time. We’re seeing some unusual events that have occurred over the past 12 months.

For example, although interest rates have moved back up recently, a couple of weeks ago, people were paying money to have the German government take their money for 10 years. That's a sign something is amiss. Capitalism doesn’t work that way. If you pay to have your money decrease over 10 years, you're destroying capital.

Still, we haven't had the pop of the bubble yet, but we’re on a clear trend toward the bubble popping, which it will if we don’t go back to sound money policies. The popping of the bubble means that fiat currencies will no longer be used and trusted in commerce the way they are now because people will have lost confidence in them.

- Source, James Turk via HAI