-- Posted Tuesday, 27 April 2010 | | Source: GoldSeek.com

By Vincent Bressler

Some time during the next few years, the world as we know it will change dramatically.  All the fraud that is coming to light now will be purged.  Confidence in the unbacked currencies that the world runs on now will be lost.  There will be a desperate race into gold.

The progression through this troubled time is illustrated with the charts below.  Here are the signposts:

(1) The apparent supply of monetary gold is large because the public accepts unbacked paper promises of gold on par with real physical gold.
(2) The apparent supply of monetary gold decreases as the public loses confidence in unbacked paper promises of all kinds.  People begin to demand physical gold, and this drives the price of gold up, creating more demand. 
(3) This is the point of the worldwide currency crisis.  Very few people who own physical gold are willing to part with it, everyone who wants to save their paper wealth demands gold.  Under this circumstance, the price of physical gold will reach absurd levels and present great opportunities for those who are prepared.
(4) A new currency system is instituted and gradually gains acceptance. 
(5) A new stable price for gold is established within the new currency system.   The new price for gold is much higher than the previous price (1) because fraudulent paper promises are no longer accepted as actual gold.




Please also see the following articles:

[Dynamics of the worldwide currency crisis]
[Dynamics of the Silver Price Revolution]
[Tracking the Re-Monetization of Silver]

Vincent Bressler
vincentbressler@yahoo.com

-- Posted Tuesday, 27 April 2010 | Digg This Article | Source: GoldSeek.com

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