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And if the petro-dollar finally does die, the American way of life is gone.
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(Sponsored Ads if theres one thing thats certain about whats happening in the world right now its that uncertainty is pervading every aspect of the global economy.Thats a billion and a half dollars that is coming in to this sector.(Full interview and transcript via, future Money Trends ).Because they know what is coming down the pike.This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link.On the monetary front, when the dollar becomes worthless, confidence in the system itself will be lost on a global scale.
According to top Casey Research analyst Marin Katusa, who has met with energy ministers and business leaders in over 100 countries, its only a matter of time before the worlds reserve currency goes the way of the German Reichsmark and Zimbabwe Dollar.
It should be clear that China, Russia, oil-producing nations and emerging markets are positioning themselves for exactly what Marin Katusa describes.
When the timing is right, theyll pull the plug, at which point all hell will break loose.
You want to invest in silver, and gold, and companies that produce what the rest of the world wants, which is gold and silver.From fabricated employment statistics and consumer spending reports to obscene levels of debt and a failing domestic monetary policy, the writing is on the wall.They have already established unilateral agreements to replace their petro-dollar transactions with either their own currencies or gold.Theres a reason that well known investment firms run by contrarians like Sprott and Casey are buying gold.K.K.R, a major fund, has now put up a billion and a half dollars to set up shop in Calgary for the junior resource sector.And Im not trying to be a doom and gloom guy, this is just factual.And the reality is, this is going to make a stronger bull market for gold and silver, and its going to be even a better market for the junior resource sector.Please contact us for permission to reproduce this content in other media formats).The scenario described here, as noted by Marin Katusa, is not just doom and gloom.This will leave only one viable mechanism of exchange that will be trusted by trading partners.You see a lot of funds now, starting to say, hey, we are getting back in to the junior resource sector because it is so cheap.