I just got this off GATA,,,,it looks like the USD could be toast if, and when it happens........Richard
Currencies will be devalued, metals will break through paper, Sprott says
|
|
Submitted by cpowell on 10:23AM ET Friday, April 27, 2012. Section: Daily Dispatches
1:20p ET Friday, April 27, 2012
Dear Friend of GATA and Gold:
Sprott Asset Management's Eric Sprott today tells King World News that the world economy is not improving, that Europeans are losing confidence in their banking system and governments, that the world's debts can be handled only through currency devaluation, and that despite price suppression efforts in the futures markets, the markets for real gold and silver will break through. An excerpt from the interview is posted at the King World News blog here:
https://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/4/27_Er...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.