In the midst of the looming economic Armageddon, some are reporting that the banks have just begun to horde gold. Run from these authors. For over three years, I have been imploring people to buy gold in order to replace the cash that will soon be gone. Three years ago, Goldman Sachs was ordering its brokers to short gold.
The fact is, the criminal elite have solidified their hedges against currency collapse by focusing on the acquisition of gold by any means possible.
The bankers and government are meeting this week. At issue is the confiscation of your assets to facilitate a bailout of the banks. This time they are playing for keeps.
Here is what we know:
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