Sunday, 20 October 2013

The Gold Bulletin 20th October 2013


The Gold Bulletin 20th October 2013

The Gold Bulletin

from 20th October 2013

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Hello ----

Please find below the next Gold Bulletin. Exiting and challenging times - we here at CelticGold observe events speeding up. There's no US debt ceiling until February 7th, which means money printing to infinity. In reaction of the US debt ceiling deal the Chinese downgraded the US from A to A- and they will set up a new way of settling international payments; without the US Dollar. The Japanese have replied to the removed US debt ceiling that they will flood the economy with Yen to keep things liquid.

This is for sure the next round of currency debasement. As a result we should see a continuation of rising prices for food and energy. In addition the IMF recommended in the October report a global 10% wealth confiscation of households that are in surplus to tackle the crisis. And on the other hand Mario Draghi replied to an answer that it's not wise to sell gold as it is a measure of security. And in the meantime we see record highs at international stock markets. 

We hope you find the information below educational.

All the best, sincerely,

Stefan Kramer
CEO



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