Saturday, July 28, 2012

Tangibles Will Preserve Wealth......

      The following are frauds,and are,UNFORTUNATELY,the basis,of Global Finance;-
1.Fractional Reserve Banking
2.Unregulated Derivatives.
      Derivatives are missed,for maintaining the PRIMACY,of the US Dollar,by suppressing Gold and Silver,with HUGE Short positions,by many US Banks,in their Futures.And,in the hands of the Bankers,money MULTIPLIES at least,10 times  the same amount in the hands of others,due to item 1 above!
       All currencies have undergone REDUCTION,in/of ,purchasing power,and continue to do so.For example,in 2015,Bonds of nations,already having HUGE Debts are due to mature. At that time,ONLY PRINTING OF NOTES[QE],will be possible.Hence other nations' Central Banks.ALSO,resort to PRINTING NOTES!In Future, this will be the case..........
      Compared to 2008,the Indian Rupee NOW,is ONLY 33 Paise,,[67% REDUCTION of purchasing power],due to massive stimuli to the rich Oligarchs,resulting in PRINTING OF NOTES,by the RBI. Fiscal Deficit has also increased,but that is another story.[The act seems DELIBERATE].
      Tangibles,like Land,Gold,Silver and other precious metals,will preserve one's wealth.
To be continued.........

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