We’ll also see a monstrous run on gold… Al
Post# of 9903
AlanC Tuesday, 06/14/16 11:50:39 AM
Re: fourkids_9pets post# 19094
Post #
19095
of 19116 Go
From Zero Hedge:
Dear Reader,
The collapse of the international monetary system that I see coming will happen fast — possibly overnight.
First, we’ll see a run on banks…
Similar to what we saw in Argentina in 2001 or Greece last year, things can get ugly VERY fast.
However, running to an ATM and grabbing paper currency will be the least of your worries.
We’ll also see a monstrous run on gold…
Your local dealer will be sold out or back-ordered.
The Mint will stop taking orders.
Meanwhile… the gold price will likely go ballistic.
It could go up more than $100 an ounce per day, more than $1,000 per ounce per week.
That is what a buying panic looks like. You want gold, but you may not be able to get it or afford it.
The reason is simple. Once paper currencies fail, the only thing left to replace them is gold. That’s exactly why I believe gold will soon reach $10,000 per ounce.
This is no surprise to you if you read my book The New Case for Gold.
But here’s what was NOT in my book...
The “super spike” that I see coming in gold will happen so fast it has the potential to be a 100-year event… or more.
That’s why I just developed a new thesis for gold.
Sure, I think everyone should hold physical gold. But with what I see shaping up in today’s gold market — and the pending monetary collapse — there’s an even BIGGER opportunity here. Look, I understand if…
You’re worried about a paper currency collapse…
You’re worried about the fallout of new “negative” interest rates…
You’ve ever thought about buying gold for safety…
That’s why you simply MUST read my new announcement on gold.
Click here to get started.
Sincerely,
Jim Rickards
DISCLAIMER:
This alert has been sent to you courtesy of Zerohedge.com
This is not a solicitation for the purchase or sale of securities.
Readers are encouraged to conduct their own research and due diligence,
and/or obtain professional advice, prior to making any investment decision.
Advertisements and sponsorships are provided as a service to Zerohedge users.
Zerohedge is not responsible for their content, services or products.
The statements and opinions contained in this advertisement are not those of Zerohedge,
and Zerohedge disclaims and liability for or arising from such statements and opinions.
P.O. Box 567,
Midtown Station,
New York 10018