Gold Buying Panic In China: 10,000 People Waiting In Line For Their Chance To Own Precious Metals - Stunning PhotosSubmitted by emalvini on Fri, 06/14/2013 - 23:20
Gold Buying Panic In China: 10,000 People Waiting In Line For Their Chance To Own Precious Metals - Stunning Photos
June 14th, 2013
One day in the near future Americans will finally realize that their money is being devalued at a rapid pace. For the time being the price increases are somewhat muted by official announcements of inflation being under control at around 2% and purported economic recovery on the horizon. The Federal Reserve and the US government are doing everything in their power to maintain a perception of stability.
But what happens when all the machinations are proven to be fruitless during the next stock market crash and currency crisis?
That’s when people panic. That’s when they start mass selling assets that hold no true value, and shift their capital to physical goods that store and preserve wealth.