by Egon von Greyerz – December 2011
Please read the artilce carefully. God help us.
"The world is in a total mess and there is absolutely no solution to this unprecedented crisis. The hyperinflationary depression that we will experience in the next few years will totally destroy the majority of the credit based wealth that has been created in the last few decades.
In order to preserve wealth and keep capital intact, it is critical to keep a major part of investment assets in precious metals held outside the banking system. But for investors who continue to follow conventional wisdom, they will sadly find that their investment strategy was merely conventional and contained no wisdom."
Please protect yourselves. We basically run out of time.
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You got to read this whole article:
MF Global and the great Wall St re-hypothecation scandal
http://newsandinsight.thomsonreuters.com/Securities/Insight/2011/12_-_December/MF_Global_and_the_great_Wall_St_re-hypothecation_scandal/
Never buy 黃金存摺!! You may lose all of your money. Most of these firms only have a fractional amount of gold you thought you own. You have to keep your gold coins close to you.
一天30億元 國人搶黃金
http://money.udn.com/wealth/storypage.jsp?f_ART_ID=253444
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