Is The Gold Market Setting Up For A Historic Worldwide Mania?

"And the third thing, Eric, has to do with confidence in this debt-based financial system worldwide.  There has been a saying ascribed to JP Morgan that ‘Gold is money.  Everything else is credit.’  And there is astonishing worldwide complacency in a credit system that I see as fundamentally and mathematically challenged.  There are a lot of obligations without the apparent ability to service them.

Is The Gold Market Setting Up For A Historic Worldwide Mania?

If we have something that challenges the faith in the credit-based system, and I’m not talking about a major shock, I’m talking about even a subtle sort of shift in confidence, I think gold could do very well, perhaps even exploding to the upside.” 

at http://kingworldnews.com/is-the-gold-market-setting-up-for-a-historic-worldwide-mania/