"Today a legend in the gold world warned King World News that the world is headed for financial chaos and contagion. John Ing, who has been in the business for 43 years, also discussed the role that gold will play as the global chaos unfolds and the contagion spreads.
The Money Printers vs Gold
China has pushed for a bigger role in the international theatre and even pariah Russia has attempted to use alternatives to the dollar calling for the usage of other currencies in exchange for oil. Russia last defaulted in 1998 and sanctions are not soon forgotten. Ironically, the US will need the cooperation of its allies and financial partners to execute its foreign policy and the politicization of the world’s financial infrastructure simply undermines that role. Without this system of partners and cooperation, the financial world will descend into chaos...."
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/8_Legend_Warns_World_Headed_For_Financial_Chaos_%26_Contagion.html
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