When growth slows in capital markets, the bankers’ daisy-chain of credit and debt breaks down; setting in motion defaulting debt which ends in recession, deflation or, in extreme cases, a deflationary depression.
A deflationary depression is a fatal monetary phenomena where the velocity of money—circulating credit and debt—falls so low capital markets are no longer self-sustaining.
Throughout history, gold and silver have offered safety in times of economic chaos. Today is no different. What is different is the response of governments and bankers to the collapse of the current economic paradigm—the bankers’ war on gold.
If today’s investors knew that gold provided not only safety but explosive profits in times of economic chaos, the bankers’ paper markets would have emptied long ago as the majority of investors would have bought gold at the first sign the bankers’ house of cards could go up in flames.
But most investors didn’t know and didn’t buy; and, because of the bankers’ ongoing war on gold, they still haven’t.
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