It is Clear the Global Economy is Collapsing – Right Now!

by C Serpa, Grams Gold ou hear people saying that gold only performs well during inflationary times. Or that gold goes down during a deflation, along with other commodities. But that is simply not true. “People are realizing that gold and silver are real money. The Euro is more widely used in the world than the dollar, and it is “free-falling ruble style” right now. In 2014 there has been record buying of gold and silver. People have been buying it hand over fist.” said Andy Hoffman in an interview. 2008 is back. It is clear the global economy is collapsing. Right Now is the Worst Time We’ve Ever Seen in History How often can pundits talk about deflation? Deflation is not bad for gold. During the 1930s precious metals were the best performing asset, and that was a deflation. And they are going to be buying it more than ever now that currencies are crashing all over the world. Gold is soaring in terms of other currencies. It’s exploding in foreign terms. Now you’re really going to see the Europeans buying. People are realizing that gold and silver are real money. The Euro is more widely used in the world than the dollar, and it is “free-falling ruble style” right now. In 2014 there has been record buying of gold and silver. People have been buying it hand over fist. And they are going to be buying it more than ever now that currencies are crashing all over the world. Gold is soaring in terms of other currencies. It’s exploding in foreign terms. Now you’re really going to see the Europeans buying. 2008 is back. It is clear the global economy is collapsing. At this point in time, is the single worst that the economy has been in our lifetime. The only time it might have been worse, for a few weeks, was right after 9-11 and right after the 2008 crisis. Aside from that, everything is much worse. Now that the oil price plunge has hit, even the best book-cookers in the entire planet will not be able to prevent the US from reporting a massive recession. Continue Reading>>>

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