Global Collapse – Trading When The Dollar Fails – Globalization – David Morgan (Video)
Global Collapse – Trading When The Dollar Fails – Globalization – David Morgan
What do you do when the paper dollar fails?
No one, not even the money masters, can predict the future and no one can predict the market. The money printers can create currency to whitewash a situation like DB, however, they can not whitewash the derivatives market that is the underpinning of these too big to jail banks. $47 trillion at DB alone, another $70+ trillion at JPMorgan and that’s just two.
The opaque derivatives market is the problem. Once something gets moving through this market it will be almost impossible to stop. The daisy-chain of interconnectedness is on such a scale that a handful of derivatives could set the banking system ablaze. When you are talking about $700+ trillion of “financial instruments” going belly up the whole world has a problem.
Silver has been money longer than gold. As most of you know our economy is in serious trouble. Gold is money and everything else is credit. As our economies continue to falter and the lies become ever more apparent gold and silver will be one of the few assets that will protect your wealth and family. Small changes in ones personal economic habits make a huge difference at the end of the day, week, month and year.