The G-20’s Secret Debt Solution

meatandtwoveg

http://www.moneyandmarkets.com/the-g-20s-secret-debt-solution-27996


Currency Devaluation, savings worth half what they are now, 50% purchasing power of your savings, asset price inflation re-started?


Talk about !!!!!! Turpin, Brown is just about to say to all us savers!


"Stand and deliver" Its your savings that i now want?


Cheers My Brown.

Aegis

As I've said before, it sounds like someone is trying to ramp the price of gold without any real reason behind it.

SeanW

All the conspiracy theorists telling you to put your money into Gold at almost $1000 need some way to recover their losses - they didn't seem to think Gold could devalue.

Reaper

What a load of codswallop. There is not the slightest shred of evidence that any of the outlandish ideas he is talking about have ever been on the agenda, and the G20 announcements that have come out of it have been very run-of-the-mill.

To see what his track record was like I Googled him and picked a random recommendation - Morgan Stanley India Investment Fund which he said to buy on 25th June 2008

If you had followed his advice and bought on the date of his article the price was 33.30. The very next day it started falling sharply and is now worth 13.90 - a fall of 58%.

After that I couldn't be bothered to follow up any of his other advice, but I gather for a long time it has been to buy gold which would also have been a poor move.

There have been a spate of links of nutty gurus recently. Must be a sign of the times.

purch

The G-20’s Secret Debt Solution

Not much of a secret if Larry Edelson of Jupiter, Florida knows all about it.

You'd have thought the most powerful Governments of the world would have been able to keep it quiet a bit longer.

gozomark

so the solution is for every counrty to devalue its currency ?? ... what, against each other ???