“A week U.S dollar is a threat to the global economy and the only way to stop the greenback’s decline is to reintroduce a gold standard.” – Steve Forbes: Editor of Forbes, and American business magazine which features news articles on finance, industry, investing, and marketing topics. It is also known as “Home Page for the World’s Business Leaders”
“We’ve had a economic problems in teh U.S or in the North America every four to eight years since the beginning of the republic so to say that we’re gping to have a problem is not unusual, I would expect it to start this year or the next… and it’s going to be the worse in your lifetime and my lifetime” – Jim Rogers, Chairman of Roegrs Holdings and Beeland Interests.
Peter Schiff, CEO of Euro Pacific Capital and long-time proponent of gold, is not buying the dollar hype. Speaking to Aaron Task on Yahoo Finance’s Market Pulse, Schiff projected that the U.S dollar is going to collapse, and “people are going to turn to gold, in a big way, all around the world.” – Peter Schiff, CEO of Euro Pacific Capital Inc.
“Physical gold is an insurance rather than a speculative asset. I regard precious metals as insurance against political interference with living standards. I believe certainly not the only determinant, but the most important determinant!” – Rick Rule, CEO of Sprott US Holdings Inc.
“Gold is money and nothing else. The control of credit isn’t control of money. The basis of banking is not always credit. The credit is evidence of banking, but it is not the money itself. Money is gold, and nothing else.” – J.P. Morgan, Corporate financier and banker on Wall Street throughout the Gilded Age.
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