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Ron Paul On Gold And Why “We’ll See More Detroits”

Posted By admin On July 26, 2013 @ 5:28 am In Money Watch | Comments Disabled

Zero Hedge [1]
July 26, 2013

In a brief but perfectly succinct interview on CNBC yesterday, Ron Paul shared his opinion on the need to own gold (and the physical demand for the manipulated metal) and the Detroit bankruptcy (“we’re going to see more Detroits”). He concludes that “long term, you can expect governments not to change” and that they’ll keep taking on more debt and printing more money until people lose confidence in both the U.S. dollar and the U.S. military, both of which will be shake the foundation of a fiat/dollar system.



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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/2013-07-25/ron-paul-gold-and-why-well-see-more-detroits

[2] Gold Could Explode To $3,000 As Confidence In Currencies Collapses: http://www.prisonplanet.com/gold-could-explode-to-3000-as-confidence-in-currencies-collapses.html

[3] Gold Special Report: Erste Group Says Foundation Of A Return To Sound Money Has Been Laid, Expects Gold To Hit $2,300: http://www.prisonplanet.com/gold-special-report-erste-group-says-foundation-of-a-return-to-sound-money-has-been-laid-expects-gold-to-hit-2300.html

[4] Today Is The 40th Anniversary Of Nixon Ending Gold Standard And Creating Modern Fiat Monetary System: http://www.prisonplanet.com/today-is-the-40th-anniversary-of-nixon-ending-gold-standard-and-creating-modern-fiat-monetary-system.html

[5] Ron Paul Explains His Plan For “Monetary Freedom” And Returning To The Gold Standard: http://www.prisonplanet.com/ron-paul-explains-his-plan-for-monetary-freedom-and-returning-to-the-gold-standard.html

[6] Gold Proves Sticky As Dollar Surges; Correlation Observations Between Gold And DXY, Silver And Oil: http://www.prisonplanet.com/gold-proves-sticky-as-dollar-surges-correlation-observations-between-gold-and-dxy-silver-and-oil.html

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