-------- Original Message --------
| Subject: | My Views on Currencies and Gold |
|---|---|
| Date: | Tue, 4 May 2010 11:12:54 -0700 |
| From: | Jas Jain |
Many know that my middle name is Broken Record. I don't change my views based on what is happening today or what has happened in the past few years. My views are based on the understanding of the Americans system, and not on policy changes from year to year, or election to election, and where it will end up—down the toilet and into the gutter.
I have maintained for the past 12 years that gold was going to act as a currency and not as a commodity, or an inflation hedge as many of the "Printing Money" inflation dopes keep claiming, and that gold was an insurance against the collapse of the financial system.
A very close friend who asked for my advice on buying the Euro and Swissie, about six months ago, because his wife works at a bank where she can get a good rate with no commission. These two currencies were 5-10% higher back then. I told him that at the prices prevailing at the time gold was a much better currency to buy than the Euro and the Swissie. So far that has panned out. Switzerland isn't what it used to be. It has been corrupted by the power of the Financial Nazis that rule most of the world today. Of course, the democracies, the kind that we have had in recent decades, are the ideal form of government for the Financial Nazis. Among the major economies China is the only country that is not controlled by Financial Nazis. America is totally controlled by Financial Nazis of America. Under Obama their power is absolute. My advise on gold, or the Scam Market, or the USTs has not changed for the past 12 years. There is no need to. Only my advise on the Swissie has changed; it is no longer as safe a paper currency as it used to be.
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