nanotimes Content | Editor‘s Letter Content Dear Readers,
we are currently in the middle of an unequaled historical currency war.
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Since the Chinese and the Americans are the only parties that can force their points with military strategy in the long run, they both won‘t give in an inch. No one knows where this will lead to and how it‘s going to end.
A crisis with such high national debt can be rea- listically solved by only a few means: extremely high inflation, war or currency reform. Everything else is dumbing down the people.
In terms of maintaining value and spreading risk gold is unbeatable, especially considering a grow- ing distrust in paper currency. Since gold deposits are finite it is just a matter of time when gold will rocket to $2000 or higher a troy ounce. That‘s not just Jim Rogers‘ opinion who expressed his opinion in an interview with CNBC on Monday, October 4: “Gold is going to go a lot higher over the next decade. It may slow down for a while because it’s run up so dramatically here in the last few weeks. But gold‘s going to be much hig- her. Adjusted for inflation it should be well over $2,000 now.”
In the beginning, the German company Ex Ori- ente Lux was not taken seriously when opening their first Gold ATMs named Gold to Go®
10-09 :: September 2010