| - Event flow in the slowly erupting global financial crisis and what is to come for financial markets, bonds, banks including Wells Fargo and bankrupt governments in the UK, EU and US - The brutal fate of paper wealth and assets including stocks, corporate and government bonds, US Treasuries and the "Third World" dollar with their inherent risk in the coming Global Monetary RESET - US Treasuries are no longer a risk free asset and gold is the safer store of value in the Cashless Society as the US will either "formal default or restructure" the $22 trillion US debt and the $100 trillion plus of unfunded liabilities - The coming COMEX gold defaults and collapse of the LBMA unallocated gold market. - The coming structural changes in the gold market and price discovery reverting to premiums on physical (kilo bars) in major gold trading, storage and liquidity centres such as Zurich, Mumbai, Singapore, Shanghai etc - Asset allocation and the case for having much higher allocations to gold and silver as safe haven dollar and Treasuries are questioned due to the "Third World finances" of the dollar - Asset allocation "more like 40% in gold and the rest in silver" Jim Willie says tongue in cheek - Key information about owning gold and silver, coin and bar premiums, the safest vaults and the safest jurisdictions in the world - Importance of having actual gold & silver coins and bars in your possession or having outright legal ownership of physical bullion in bailment, in allocated and segregated storage - Be prepared as Global financial crisis (Part II) is "going to be much, much bigger" |
I founded GoldCore more than 10 years ago and it has been my passion and a huge part of my life ever since. I strongly believe that due to the significant macroeconomic and geopolitical risks of today, saving and investing a portion of one’s wealth in gold bullion is both wise and prudent.
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