Martin Armstrong writes
in June 20/2012 Answering Your Questions Blog Entry
...
" It (Gold) will probably hit $5,000 by 2017 BEFORE the currency changes so (ed. note s/read ?but?) it is impossible to say even what that $5,000 means in purchasing power today. So will real estate, and of course shares, collectibles from coins & stamps to fine art & antiques. This is why people HOARD in a crisis. They instinctively see something is wrong. In Greece, leading into the elections, more than 1 billion euros were being withdrawn from ATMs each day. That was the hedge to hoard cash just in case!"
whole thing
http://armstrongeconomics.com/2012/06/20/answering-your-questions/
USA & Canada Investors
Prepare for Price Inflation due to Currency Devaluation - Buy Tangible Assets
NB RE/MAX Ont/Altantic boss M. Polzler said "you can't live in a mutual fund" - it's still true .... and true of physical gold
2012 Rce --Knowing when to sell (and having another 'place to live' ready) is the trick ...
For Resident, Citizen, Taxpayers with a child, a car, a job, a heart and a brain who know something is "wrong" with Canada, ...but just can't put their finger on what it is. -By NOT following the provisions of our BNA/Constitution Acts, there is no 'double-check' on the PM of Can.-PMO/PCO IS too power! Fix it! "All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." -Schopenhauer
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